HomeMy Public PortalAbout2021 ACFRCity of Jefferson
Missouri
Annual Comprehensive Financial Report
For the fiscal year ended October 31, 2021
CITY OF JEFFERSON,
MISSOURI
ANNUAL COMPREHENSIVE
FINANCIAL REPORT
For The Year Ended October 31, 2021
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CITY OF JEFFERSON,
MISSOURI
ANNUAL COMPREHENSIVE
FINANCIAL REPORT
For The Fiscal Year Ended October 31, 2021
Prepared By: Department of Finance
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CITY OF JEFFERSON, MISSOURI
ANNUAL COMPREHENSIVE FINANCIAL REPORT
YEAR ENDED OCTOBER 31, 2021
TABLE OF CONTENTS Page
INTRODUCTORY SECTION 6
Letter of Transmittal 7-22
Certificate of Achievement for Excellence in Financial Reporting 23
City Organizational Chart 24
List of Principal City Officials 25
Mission Statement 26
FINANCIAL SECTION 27
Independent Auditors' Report 28-30
Management’s Discussion and Analysis (MD&A) 31-43
Basic Financial Statements 44
Statement of Net Position 45
Statement of Activities 46
Balance Sheet - Governmental Funds 47
Reconciliation of the Balance Sheet –
Governmental Funds to the Government-wide Statement of Net Position 48
Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds 49
Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances –
Governmental Funds to the Government-wide Statement of Activities 50
Statement of Net Position – Proprietary Funds 51
Statement of Revenues, Expenses and Changes in Net Position – Proprietary Funds 52
Statement of Cash Flows – Proprietary Funds 53
Statement of Net Position – Fiduciary Funds 54
Statement of Changes in Net Position – Fiduciary Funds 55
Notes to the Financial Statements 56-83
Required Supplementary Information (RSI) 84
Employees Retirement System – LAGERS –
Schedule of Changes in Net Pension Liability and Related Ratios – All Divisions Combined 85
Employees Retirement System – LAGERS –
Schedule of Contributions and Notes to the Schedule of Contributions 86
Postemployment Benefits Other than Pensions – Schedule of Changes in Total OPEB Liability and Related Ratios 87
Budgetary Comparison Schedule – General Fund 88
Budgetary Comparison Schedule – Parks Fund 89
Notes to the Required Supplementary Information (RSI) 90
Supplemental Financial Statements and Schedules 91
Budgetary Comparison Schedule – Capital Improvement Tax Funds 92
Non-major Governmental Funds 93
Combining Balance Sheet – Non-major Governmental Funds 94
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Non-major Governmental Funds 95
Budgetary Comparison Schedule – Non-major Governmental Funds 96-98
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TABLE OF CONTENTS-(Continued) Page
Non-major Enterprise Funds 99
Combining Statement of Net Position – Non-major Proprietary Funds 100
Combining Statement of Revenues, Expenses and Changes in Net Position – Non-major Proprietary Funds 101
Combining Statement of Cash Flows – Non-major Proprietary Funds 102
Internal Service Funds 103
Combining Statement of Net Position – Internal Service Funds 104
Combining Statements of Revenues, Expenses and Changes in Net Position – Internal Service Funds 105
Combining Statement of Cash Flows – Internal Service Funds 106
Capital Assets used in the Operation of Governmental Funds 107
Comparative Schedules by Source 108
Schedule by Function and Activity 109
Schedule of Changes by Function and Activity 110
STATISTICAL SECTION 111
Table of Contents 112
Net Position by Component 113
Changes in Net Position 114-115
Governmental Activities Tax Revenues by Source 116
Fund Balances of Governmental Funds 117
Changes in Fund Balances of Governmental Funds 118
General Governmental Tax Revenues by Source 119
Sales Tax Rates – Direct and Overlapping Governments 120
Principal Sales Taxpayers 121
Assessed Value and Estimated Value of Taxable Property 122
Property Tax Rates – Direct and Overlapping Governments 123
Principal Property Taxpayers 124
Property Tax Levies and Collections 125
Ratios of Outstanding Debt by Type 126
Ratios of General Bonded Debt Outstanding 127
Direct and Overlapping Governmental Activities Debt 128
Legal Debt Margin Information 129
Pledged-Revenue Coverage 130
Demographic and Economic Statistics 131
Principal Employers 132
Full-time Equivalent City Government Employees by Function 133
Operating Indicators by Function 134
Capital Asset Statistics by Function 135
FEDERAL AWARDS SECTION 136
Schedule of Expenditures of Federal Awards 137-138
Notes to Schedule of Expenditures of Federal Awards 139
Independent Auditors' Report on Internal Control over Financial Reporting
and on Compliance and Other Matters based on an Audit of Financial Statements
performed in Accordance with Government Auditing Standards 140-142
Independent Auditors' Report on Compliance for each Major Program
and on Internal Control required by the Compliance Uniform Guidance 143-145
Independent Auditors' Schedule of Findings and Questioned Costs 146-149
Independent Auditors' Summary of Status of Prior Audit Findings 149
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INTRODUCTORY
SECTION
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April 8, 2022
To the Honorable Mayor, City Council and Citizens of the City of Jefferson, Missouri
The Finance Department is pleased to present this Annual Comprehensive Financial Report (ACFR) of the City for the fiscal year
ended October 31, 2021. A copy of the report is on file in the City Clerk’s office for public inspection. A copy will also be filed with
the State Auditor’s office to fulfill requirements of section 105.145 of Missouri statutes.
This report consists of management’s representations concerning the finances of the City of Jefferson. Consequently, management
assumes full responsibility for the completeness and reliability of all of the information presented in this report. Because the cost of
internal controls should not outweigh their benefits, the City of Jefferson’s comprehensive framework of internal controls has been
designed to provide reasonable, rather than absolute, assurance that the financial statements will be free from material misstatement.
As management, we assert that, to the best of our knowledge and belief, this financial report is complete and reliable in all material
respects.
This report contains the following sections: Introductory, Financial, Statistical and Federal Awards.
The Introductory Section, which is unaudited, includes this transmittal letter, the Certificate of Achievement for Excellence in
Financial Reporting, an organizational chart and a listing of elected and appointed officials. This section is intended to give the reader
a basic background about the City as a whole, local economic factors, major initiatives and accomplishments.
The Financial Section is divided into (1) the Independent Auditors' Report, (2) Management’s Discussion and Analysis
(MD&A), (3) Basic Financial Statements, (4) Notes to Financial Statements, (5) Required Supplementary Information, (6)
Notes to the Required Supplementary Information, (7) Supplemental Financial Statements and Schedules, (8) Internal
Service/Agency Fund, and (9) Capital Assets used in the Operation of Governmental Funds.
City Charter section 3.10 requires that the Council provide for an annual audit of all City accounts by a certified public accountant.
The City of Jefferson’s financial statements have been audited by Evers & Company, CPA’s, L.L.C., a firm of licensed certified
public accountants. The goal of the independent audit was to provide reasonable assurance that the financial statements of the City
of Jefferson for the fiscal year ended October 31, 2021 are free of material misstatement. The independent audit involved examining,
on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used
and significant estimates made by management; and evaluating the overall financial statement presentation. The independent auditor
concluded, based upon the audit, that there was a reasonable basis for rendering an unmodified opinion that the City of Jefferson’s
financial statements for the fiscal year ended October 31, 2021 are fairly presented in conformity with accounting principles generally
accepted in the United States of America (GAAP). The independent auditors’ report is presented as the first component of the
financial section of this report.
GAAP requires that management provide a narrative introduction, overview and analysis to accompany the basic financial statements
in the form of Management’s Discussion and Analysis (MD&A). This letter of transmittal is designed to complement the MD&A
and should be read in conjunction with it. The City of Jefferson’s MD&A can be found immediately following the report of the
independent auditors.
The Statistical Section, which is unaudited, reflects social, demographic and economic data, financial trends and other pertinent
information relating to the fiscal capacity of the City.
Federal Awards. The independent audit of the financial statements of the City of Jefferson was part of a broader, federally mandated
“Single Audit” designed to meet the special needs of federal grantor agencies in accordance with Government Auditing Standards
issued by the Comptroller General of the United States and the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR)
Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The standards
governing Single Audit engagements require the independent auditor to report not only on the fair presentation of the financial
statements, but also on the audited government’s internal controls and compliance with legal requirements, with special emphasis on
Carrie Tergin
Mayor City of Jefferson
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internal controls and legal requirements involving the administration of federal awards. These reports can be found in the Federal
Awards Section of this report.
Profile of the Government
The City of Jefferson is the capital of Missouri and county seat of Cole County. Located on the banks of the Missouri river in the
center of the state, it is the hub of state government which is the City’s largest employer and its major industry.
The City was established by an act of the U.S. Congress on December 31, 1821 and was originally laid out by Daniel M. Boone, son
of the famous pioneer, and Major Elias Bancroft. It has the distinction of being located on land donated by the federal government for
establishment of a state capital city. Many of the original settlers came from Virginia in the vicinity of Monticello, the home of
Thomas Jefferson, and were, in fact, friends of the former President. The City of Jefferson, named in his honor, was incorporated in
1825, four years after its founding.
The City of Jefferson operates under the Constitution and laws of Missouri, and a City Charter adopted in 1986. The City is governed
by a Mayor elected for a four-year term and ten Council members elected for overlapping two year terms from five districts. The
Mayor, as the chief executive officer of the City, presides over Council meetings voting only in the case of ties, but retaining veto
power over Council enactments. A City Administrator nominated and appointed by the Mayor with the advice and consent of the
Council, is responsible for coordination and general supervision of all departmental operations. The Administrator recommends
appointment and removal of department and division heads to the Mayor and Council and is responsible for employment or discharge
of subordinate employees, except those governed under the Parks and Recreation Commission and the Police Personnel Board.
Factors Affecting Financial Condition
The results of the 2020 Census indicates an 0.35% increase in the City’s population over the last decade which now stands at 43,228.
However, Jefferson City has maintained a unique combination of “small town” friendliness with cosmopolitan ambience.
Missouri state government is the City’s largest and most stable employer with 14,174 employees. It also represents an extremely
reliable job base since the state government is not likely to relocate. However, since the State of Missouri has had budget problems in
recent years this could impact the economic future of our city.
New retail businesses have continued to grow within the City. Cole County consistently ranks as one of the lower unemployment
areas in the state. The local average unemployment rate for October 2021 was 2.4% which was well below the statewide (2.8%) and
national (4.3%) rates.
Unassigned fund balance in the general fund of $8,000,255 was 23.3% of the total general fund expenditures, including transfers out,
at October 31, 2021. The general fund revenues increased by 10.0% over the past 5 years (2017 vs. 2021) while the general fund
expenditures and transfers out increased by 1.2%.
Relevant Financial Policies
Missouri Revised Statutes requires First Class Counties to distribute to municipalities within the county a pro rata share of the road
and bridge tax collected. The County transfers the City’s share of this tax directly to the City rather than making the road
improvements. Accordingly, the Council plans to designate the amounts it receives from the County Road and Bridge Tax funds for
road and bridge improvements.
Major Initiatives, Accomplishments and Future Issues
Administration
In FY21, the City Administrator and staff assisted with several Mayor and Council initiatives, including, but not limited to: addressing
impacts related to the coronavirus pandemic; recommending implementation plans to the Mayor and City Council in response to the
Coronavirus Aid, Relief, and Economic Security (CARES) Act and the American Rescue Plan Act (ARPA) funding; providing policy
and technical review of various development proposals; providing a recommended budget to the Mayor; assisting in reviewing,
developing, and/or monitoring various State and Federal legislative proposals; reviewing and/or approving several departmental
procedural improvements; and providing City Charter designated general supervision of City departmental operations, activities, and
initiatives.
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The City Administrator, with applicable departments within the City, and the Chamber of Commerce, worked with various economic
development related initiatives/proposals, some of which came to fruition during FY 21.
The City Administrator, with staff, focused on City personnel related compensation improvements, as well as recommending several
budget and financial proposals focused on equipment acquisition and facilities improvements.
Courtesy of Steve Crowell, City Administrator
City Clerk
The City Clerk implemented a digital screen at City Hall to post meeting agendas and purchasing bids. This has allowed the City
Clerk to post the items from a computer, whether it’s in the office or remotely. Digital records of the agendas and bids are stored
electronically for auditing purposes.
The I.T. Department has upgraded its document depository software, Laserfiche to cloud-based. As the custodian of records, the City
Clerk worked closely with the I.T. Department during this transition.
Finally, the City Clerk continued to research sunshine request records tracking software. In doing so, a current City vendor, SmartGov
has agreed to create the cloud-based software under a current contract with the City’s Planning and Protective Services Department.
This tracking software will become even more beneficial as the Police Department prepares for body-cams and the anticipated
sunshine requests that will come as a result.
Courtesy of Emily Donaldson, City Clerk
Human Resources
The Human Resources Department continued to spend a considerable amount of time in FY21 handling employment related issues
due to the coronavirus pandemic and the Families First Coronavirus Response Act. In FY22 the department will be focusing on
implementing software programs, approved by the City Council, to improve training, performance management and record retention
programs. In addition, recruitment and retention issues will be a primary focus with the need to replace two Department Directors due
to retirements, a compensation study due to the rapidly changing employment environment, and requested collective bargaining
agreements.
Courtesy of Gail Strope, Director of Human Resources
Planning and Protective Services
Metropolitan Planning Organization
The Capital Area MPO is the official transportation planning organization for the Jefferson City urbanized area. The City of Jefferson
serves as the administrator for this federally-mandated program.
Major accomplishments for 2021 included:
Review of Illustrative List of Transportation Project Priorities. Staff prepared an overview of project priorities and the
Board of Directors subsequently reaffirmed the illustrative priority list.
Submission of CAMPO Priorities to MoDOT. In conjunction with MoDOT Central District staff and the CAMPO Board
and Technical Committee, staff submitted project lists for incorporation into the MoDOT Unfunded Needs listing.
Traffic Crash Report. Staff prepared an updated traffic crash report and presentation to CAMPO Technical Committee and
Board of Directors.
Mapping. CAMPO staff worked with the Jefferson City Parks and Recreation Department on the mapping of park trails and
greenway trails.
Coordinated Plan. Staff updated the Public Transit Human Services Transportation Plan for the CAMPO area.
Major Thoroughfare Plan. Staff prepared a Major Thoroughfare Plan and reviewed local street classifications which the
Board of Directors adopted.
Transit Feasibility Study. Staff administered a consulting firm led project to prepare a Transit Feasibility Study.
Administrative Functions. The 2021-2025 Transportation Improvement Program, the FY2021 Unified Planning Work
Program, the Program Year 2020 Annual Listing of Obligated Projects, and other planning documents were produced.
Redevelopment and Grants
The Neighborhood Services Division contributes to safety and the quality of life in Jefferson City by promoting sustainable
neighborhoods through grants and initiatives. This is accomplished through several program areas and committees such as the
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Community Development Block Grants, Neighborhood Reinvestment Act, Historic Preservation Commission, Recycling, and
nurturing partnerships with like-minded organizations. The following are a few highlights of 2021:
Community Development Block Grant (CDBG) Program - During 2021, the CDBG Entitlement program assisted 35 Low
to Moderate Income households with Down Payment Assistance, Code Deficiency, and Energy Efficiency and Emergency
Assistance programs. The purpose of the program is to assist low-to-moderate income homeowners with up to $5,000 for
purchase of single family residence: repairs to meet health and safety standards; to provide the opportunity to realize
measurable energy savings; or assist with emergency repairs. Demolition was completed at 1323 Gordon Ct. and 805
Monroe Street. Habitat for Humanity will construct a single family house at 1323 Gordon Ct. and Central Missouri
Community Action Agency will construct a single family home at 805 Monroe Street. Both projects will benefit low to
moderate income families.
o Staff participated in Project Homeless Connect. The one-day event was limited due to COVID-19, but still
provided services to 121 participants.
o A consultant was hired to conduct a Housing Needs Assessment. The completed product will provide
current housing data and establish an implementation plan for the community.
Community Development Block Grant – CARES Act (CDBG-CV)
The Coronavirus Aid, Relief and Economic Security (CARES) Act Public Law 116-136, made available $5 billion
in supplemental Community Development Block Grant (CDBG) funding for grants to prevent, prepare for, and
respond to coronavirus (CDBG-CV).
The City of Jefferson received an allocation of $413,435 in CDBG-CV funding to prevent, prepare for, and respond
to coronavirus. A community-wide unmet needs assessment identified childcare facilities as an unfunded need. The
Childcare Facility Assistance Program provided funding to 11 organizations to support economic development for
low-moderate job creation/retention and childcare subsidies for income-eligible families.
Neighborhood Stabilization Program - In 2009, the City was awarded State CDBG Neighborhood Stabilization Program
(NSP) funds in the amount of $440,776. The project consists of the acquisition and rehabilitation of foreclosed homes. To
date, the City has acquired six properties. Three properties were rehabilitated and sold to eligible Area Median Income
households. Two properties were demolished, plots merged into one and then donated to Habitat for Humanity for
reconstruction of a single family residence. One property at 408 Lafayette Street remains in the possession of the City. City
Council approved the payback of funds used for the purchase and repairs to 408 Lafayette. The payback of the funds will be
returned to the City for a NSP eligible project. The identified project is the demolition of 108 Jackson Street.
City Reinvestment Incentives - The City’s Neighborhood Reinvestment Act Programs provided incentives for owner-
occupied homes and commercial buildings within the “Old Town” Area. The Rental Façade Program assists landlords with
rental properties by reimbursing 50% of the cost of improvements to façades of eligible buildings, up to $5,000 per unit with
a maximum of $10,000. The goal of the program is to improve the exterior appearance and condition of residential rental
properties. Eligible properties include single-family or duplexes utilized as rental property. Exterior improvements must be
significant and meet appearance guidelines published by the Historic Preservation Commission.
The timing of COVID-19 impacted the program. Four citizens were assisted with down payment assistance before the
program was suspended due to COVID-19. No new applicants were added to property tax incentivized programs, but prior
year obligations were fulfilled.
Historic Preservation Commission (HPC)- The City of Jefferson was officially designated a Certified Local Government
by the National Park Service on August 26, 2004. During the early years of being a Certified Local Government, the
Commission recognized many challenges facing the community in the area of historic preservation.
a. Local Landmarks were approved by the HPC and codified by Council:
i. The Perry Scott Rader House – 504-506 E. Capitol Avenue
ii. Tanner House – 630 Broadway Street
b. The City received three Historic Preservation Fund (HPF) grants to fund:
i. Historic Context for Jefferson City - $50,000
ii. Lower Jefferson Subdivision Survey - $23,000
iii. Historic East Resurvey - $23,000
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c. The City was one of eleven communities in the nation to receive the Paul Bruhn Historic Revitalization Grant. The
City will receive $675,000 to subgrant to property owners within the Old Munichburg and Missouri State Capitol
Historic Districts. Funding will target much needed repairs to historic structures.
Stakeholders Committee for Historic Preservation Code Review – The City Council formally adopted the creation of a
citizen body to review code related to historic preservation. The committee will make recommendations to the Council for
updates and revisions to the code.
Economic Development Administration Grants
a. Economic Recovery Plan – The City is partnering with the Mid-MO Regional Planning Commission and the
Jefferson City Regional Economic Partnership to utilize $70,000 in CARES Act funding to establish a plan for
economic recovery.
b. Missouri State Penitentiary (MSP) Infrastructure – The City received a $1.5 million grant to provide infrastructure to
support redevelopment at MSP.
Brownfields Grants – The City has utilized the Department of Natural Resources Brownfields/Voluntary Cleanup program
to conduct a Phase I and Phase II at 601, 605, 701, and 711 Mulberry. A Phase II was also conducted at the Missouri State
Penitentiary site.
Recycling - The City of Jefferson has multiple programs available to help residents recycle a wide variety of materials.
Programs include: single stream recycling through Republic Services, yard waste recycling through All Seasons, glass
recycling through Ripple Glass, and household hazardous waste recycling through Tradebe.
The City’s overall calculated diversion rate as of October 31, 2021, was approximately 48.6%; of which 19% was diverted
through curbside collection. Republic Services collected 18,509,920 pounds of landfill waste and approximately 17,491,953
pounds of additional waste was diverted away from the landfill via one of the available recycling programs.
Single Stream Recycling accepted materials include: aluminum cans, mixed paper fiber, cardboard, plastics # 1, 2, 3, 4, 5, &
7. Of the total diverted waste, 4,395,660 pounds was through the Single Stream Recycling program.
Glass Recycling - In 2011, the City of Jefferson began a glass recycling program with Ripple Glass. The City of Jefferson
offers 4 locations to recycle glass:
‐ 1700 South Ridge Dr. McKay Park,
‐ 2284 Hyde Park Road,
‐ 1228 E. McCarty Street Save a Lot Parking lot,
‐ 2730 W. Main Street (front parking lot of federal recycling building).
Recycled glass is consolidated at a city facility and then sent to Ripple Glass in Kansas City, MO. Upon arriving at Ripple,
glass is cleaned, sorted and crushed into cullet. The cleaned cullet is then made into insulation or new glass bottles.
Communities that participate in glass recycling with Ripple Glass receive an insulation donation at the end of each year to
be used as they wish. River City Habitat for Humanity has been the recipient of these donations in the past. In 2021,
approximately 619,240 pounds of glass was recycled.
Household Hazardous Waste - In March of 2011, the Cole County Household Hazardous Waste Facility opened. The
Household Hazardous Waste facility is a cooperative project between the City, Cole County and Republic Services
dedicated to serving the residents of Cole County at no charge. The Household Hazardous Waste Facility provides the
ability to keep products that contain corrosive, toxic, flammable or reactive ingredients out of landfills, streams, and ditches
where it could potentially cause harm to ecosystems and human health. In 2021, 280 residents were served and over 9,294
pounds of waste were collected.
Adopt A Street/Adopt A Spot Program - 20 organizations have adopted city streets through the Adopt-A-Street
program. They are charged with picking up litter in their designated areas. Three organizations are participating in the
Adopt-A-Spot program. They have taken responsibility for limited plantings, watering and mowing. The adopter will also
take note of any safety hazards, damaged benches, signs or sidewalks and report them to the City.
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Yard Waste - The City of Jefferson contracts with All Seasons Lawn Care to operate a local compost facility. Residents
within the city limits may take yard trimmings, clippings, branches, and brush originating from their personal property to the
facility at no cost. During 2021, approximately 14,508 patrons have brought in over 19,188 cubic yards of waste.
Property Maintenance
Property Maintenance/Code Enforcement contributes to the quality of life by promoting safety of the community through enforcement
of housing codes and property maintenance codes. Existing housing inspections are based on the 2015 International Property
Maintenance Code, current Zoning Codes, and various property related specialty codes to enforce minimum standards throughout the
City. The Property Maintenance Division works with other City departments to accomplish property maintenance compliance such as
the Police Department Community Action Team (CAT Team), Public Works, Law, Wastewater, Fire, Information Technology, and
Administration.
Code Enforcement Achievements in 2021
The number of Code Enforcement activities increased from 6,011 in 2020 to 7,928 in 2021, with a voluntary compliance rate of
97.63%. Approximately 98.44% of activities were closed out as of October 31, 2021. In 2021, a total of 146 abatements were
completed which represents 1.8% of all violations. Of the abatements completed 12 were owner occupied, 55 were rentals and 79
were abandoned/vacant buildings for a total cost of $34,321.58 with an additional $36,500 charged for administration fees.
What Do We See In The Future:
More aggressive enforcement and abatement of Dangerous Building Code. Continued expansion of Exterior Rental Inspection
Program as more properties are registered and located during inspection activities. A full street by street review of all areas of the City
every 3-4 months due to increased efficiency and productivity resulting from SmartGov software’s mobile capabilities allowing
inspectors to spend more time in the field.
Environmental Health Services Division
The purpose of the Environmental Health Services Division is to contribute to the quality of life by promoting the safety of the
community through environmental health education, inspections, and enforcement of environmental health laws and regulations.
Food Safety Inspection Program - The Environmental Health Division coordinates an inspection program for food service
establishments in Jefferson City, Missouri. This includes food safety inspections of restaurants, hospitals, schools, grocery
stores, convenience stores, hotels, child care facilities, farmers markets, taverns, mobile food units, and temporary food
establishments. The division uses the City of Jefferson Food Code to enforce health regulations in food service
establishments in Jefferson City. This code was adopted from the Missouri Department of Health and Senior Services who in
turn models their code from the Food and Drug Administration.
o In 2021, the Environmental Health Division inspected over 350 food service type establishments in Jefferson
City. Staff focused not only on inspections, but the education of food service personnel. The division offers onsite
food safety schools to those establishments who request it. Food services such as the Jefferson City Public School
District has taken advantage of these onsite food safety schools and has trained their staff annually. Also an online
food safety course on the City of Jefferson website is available to food service employees. The City of Jefferson has
contracted with StateFoodSafety.com to offer this food safety certification course. This course is offered in eight
languages, English, Spanish, Korean, Mandarin, Vietnamese, Tagalong, Serbo-Croatian, and American Sign
Language (ASL).
o Also in 2021, Environmental Health Division staff continued to work with food service establishments in best
practices to control the spread of the Covid-19 virus and its variants. Education has been given on how to
conduct food services in controlling disease transmission with this virus. Spacing, partitions, mask wearing, hand
washing, cleaning of facilities and equipment, and best use of sanitizer have been topics of discussion this past year
regarding the ongoing pandemic.
Child Care Inspection Program - The Environmental Health Division contracts with the Missouri Department of Health
and Senior Services to provide sanitation inspections to child care facilities in Jefferson City. The division inspects
approximately 40 child care facilities in Jefferson City. Child care facilities include home based facilities, church sponsored
child care facilities, and child care centers. Child care facilities go through a sanitation inspection which includes food
service sanitation, good repair and safety of a facility, cleanliness of a facility, and sanitation practices for disease prevention
which includes proper diapering of children and hand washing procedures.
Body Art Establishment Inspection Program - The Environmental Health Division also maintains an inspection program
that regulates Body Art Establishments and Body Art Practitioners in Jefferson City. Body Art Establishments are inspected
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to ensure best sanitation practices are being followed. This includes providing trained body art practitioners that meet State
of Missouri and City of Jefferson practitioner requirements. Also the facility must meet strict sanitation requirements to
provide a safe environment for its customers. Sanitation of facilities and sterilization of equipment and work areas are major
components looked at during inspections.
Food Recall Program - The Environmental Health Division continues to monitor food recall notices from the Missouri
Department of Health and Senior Services. The food recall program is initiated by the Food and Drug Administration who
monitor food products in the United States for possible contamination or disease issues. This information is then sent to
affected establishments as well as government agencies that may have these products in their facilities or jurisdictions. In
2021, the Environmental Health Division continued to monitor recall notices and contact food establishments that have been
affected by these notices. This prevents consumers from receiving the recalled food product, thus protecting their health and
wellness.
What Do We See in the Future - Continued inspection of food service facilities is a priority for the Environmental Health
Division. Providing more environmental health education to food services facilities to help educate employees in the
prevention of disease transmission is the number one goal. The mobile food unit industry is expanding rapidly across the
country and Jefferson City has seen an increase in these type of units in 2021 and expects the trend to continue in 2022.
Building Regulations Division
The purpose of the Building Regulations Division is to contribute to the quality of life by promoting the health, safety and welfare of
the community through enforcement of building codes and construction inspections.
A total of 1,506 building permits were issued with a total valuation of more than $88 million. This permit number includes
the following types: building (680); demolitions (31); electrical (199); mechanical (100); plumbing (403); and signs (93). A
decrease in building permits is most attributable to a decline in recovery projects from the 2019 tornado and 2020 hail storm.
Review of the 2018 International Codes began, in order to stay current with the industry and maintain high safety standards
for the community. Citizen committees are reviewing 9 different model codes, which were previously adopted under the
2015 edition. Alongside our plumbing and electrical boards, there is the potential to adopt up to 11 codes covering the range
of construction trades.
The division began implementation of new permitting, licensing and inspection software to expand service and capabilities
for staff and the community. The new software includes an online portal for submission of license and permit applications,
as well as mobile device capability for the division inspection team.
Some notable projects that were permitted this year:
o New Surgery Center for Jefferson City Medical Group
o New Surgery Center for Capitol Region Medical Center
o Renovation of the St Mary’s Medical Office Building
Planning Division
The purpose of the Planning Division is to contribute to the quality of life through land use planning and administration of
development codes.
Staff reviewed the following major projects for compliance with zoning and site design standards:
New JCMG Surgery Center at 3520 West Edgewood Drive
Remodel of Shikles Center for Catholic Charities at 1015 Edmonds Street.
New dental office at 1270 West Stadium Boulevard.
New coffee shop for 3-Story Coffee at 311 Bolivar Street.
New Starbucks at 3735 West Truman Boulevard.
New Pizza Hut restaurant at 517 Missouri Boulevard.
Parking lot addition for Capital Region Medical Center.
New office building and campus redevelopment for Central Electric Power Cooperative.
A total of 37 site plans were reviewed by planning division staff in 2021.
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Planning Staff prepared:
Amendment to Chapter 3 of the City Code, Advertising and Signage, pertaining to Murals, in conjunction with the Parks and
Recreation Department.
Amendment to Rules of Procedure for the Board of Adjustment regarding election of officers.
Review and assignment of street classifications for the Jefferson City area in conjunction with Capital Area MPO
transportation planning functions.
Review of the Thoroughfare plan for Jefferson City as a component of the Capital Area MPO Metropolitan Transportation
Plan.
Staff support to the Environmental Quality Commission in conjunction with Parks and Recreation Department.
Ward Redistricting Maps
Planning staff reviewed applications for zoning and variance related requests and processed cases for review by the Planning and
Zoning Commission and Board of Adjustment. Notable cases included:
Conditional Use Permit for Jefferson City High School Sports Complex redevelopment in JC Schools tornado buyout area.
Lot frontage variance to separate historic “alley house” from parent tract on Dunklin Street.
Floodplain Variance for new hanger at Jefferson City Memorial Airport.
Subdivision Plat for Partnership Business Park in the Algoa Industrial area.
Subdivision Plat for Fifth Phase of Schotthill Woods Subdivision on Schotthill Woods Drive.
Platting of additional commercial outlots at Capital Mall.
Planned Unit Development Plan for Americare Assisted Living facility on West Edgewood Drive.
Planned Unit Development Plan for Ivy Terrace Event Center at 500 East Capitol Avenue.
A total of 12 Planning and Zoning cases and 8 Board of Adjustment cases were processed in 2021.
Planning staff have been undertaking an update to the Comprehensive Plan, which is a project that began in 2018, was delayed due to
COVID-19 and the 2019 tornado, and was finalized and adopted by the Planning and Zoning Commission in 2021. Notable actions
undertaken this year include:
Background research and data gathering.
Work sessions with the Planning and Zoning Commission regarding individual city planning topics.
Mapping projects associated with plan components and for use within the plan.
Public involvement sessions, including “road show” seeking comments from various groups and organizations in the
Jefferson City area.
Final drafting of the plan and related supplementary information.
Adoption by the Planning and Zoning Commission on June 10, 2021.
Presentations to City Council and other organizations on the content of the plan.
Courtesy of Sonny Sanders, Director of Planning and Protective Services
Public Works Department
In 2021, the Public Works Department continued to work its way past the COVID-19 Pandemic. Each of our Divisions continued to
provide their services to the community and began preparing to be in a position to compete for federal dollars that are coming in future
years from the bipartisan infrastructure bill passed by Congress. One of the first steps involved in that effort is creating or updating
current master plans for our various programs. Master Plans of note that were started in 2021 are the Transit and Central Maintenance
facility master plan, the Airport Tower master plan, the Parking Garage evaluation, the Wastewater Projects master plan and bond
election, the Missouri River Flood Resiliency’s planning and much planning related to the start of a new ½ cent capital improvement
sales tax cycle (starting in April 2022). With good planning in place the City will be able to promote our projects and be competitive
in obtaining much needed federal funding for these projects.
Engineering
The Engineering Division of Public Works will be working to complete the projects associated with the 2017-2022 ½ Cent Capital
Improvement Sales Tax. Projects completed in 2021 include the Bicentennial Bridge, a stormwater system on Sue Drive,
improvements to the parking lot at the airport terminal building, and lighting on the airport runway and taxiways. Goals for 2022
include the construction of a sidewalk and the rehabilitation of Grant Street, a sidewalk along Adams Street and Vieth Drive,
installation of a stormwater system on Douglas and Davis Drives in addition to stormwater projects on Major and Isom, the design and
project management for a trail into County Park, and the completion of the signing and stripping of the JC Loop Bike Loop. We also
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intend to move forward with the design for the MSP project and to complete the construction of a pipe lining project that was
contracted last year.
Transit
In 2021, JEFFTRAN navigated the COVID-19 pandemic by extending its daily-regimented cleaning and sanitization protocols. The
Transit Division replaced the bus camera systems on fixed-route buses, updated its paratransit client and dispatching software, and
issued an RFP for a feasibility study to determine future options for replacement of transit facilities, which are nearing the end of their
useful life. In 2022, the Transit Division will replace its very outdated on-premise security systems, explore options for updating its
farecard system and endeavor to secure grant funds for replacement buses and facilities.
Wastewater
In 2021, a construction contract to upgrade the 1980’s sewage pump station at Binder Lake was awarded to protect both the Lake and
employee safety. A second construction contract was awarded to replace failing sanitary sewer on East Capitol Avenue prior to
redevelopment of MSP. City staff was also able to accomplish sewer main replacements using internal equipment and labor.
User rates were implemented for the next six years that will allow the utility to operate and maintain the sewer system and allow the
utility to borrow low-interest loan money. A $44M bond issue was approved by the Council to submit to the voters on April 5, 2022.
Successful passage will protect customers from spikes in user rates and fund capital improvements including upgrading the biosolids
recycling system at the Regional Water Reclamation Facility, upgrade of the Westview Pump Station, upgrading the Gray’s Creek
Interceptor Sewers and other projects to remove wet weather sanitary sewer overflows, replace aging infrastructure and further protect
private property. Staff also promoted projects to the State of Missouri for possible funding through the American Rescue Plan Act
(ARPA).
Streets and Stormwater Operations
In 2019 the Street and Stormwater Operation Division completed an assessment of the street conditions within the City. This
information has been used to focus our maintenance and repair efforts. The division will also continue its efforts to complete in house
maintenance repair projects to our stormwater system with the use of the additional crew added in 2017. With impacts from a flood
and tornado in 2019 and major hail storm and a pandemic in 2020, coupled with issues related to an aging fleet, the division strives to
provide a safe and efficient transportation network and stormwater conveyance system for our citizens.
Parking
In 2018 the Parking Division completed a study to determine the need for additional parking in the downtown core. The study found a
deficit of over 1,900 parking spaces. Currently the division is doing a condition assessment of the existing main garage and Jefferson
Street parking deck to determine the renovation needs for both structures and to look at possible expansion and/or reconstruction.
Airport
In 2020 the division received approval for the most recent airport master plan from the Federal Aviation Authority. In 2019 the
airport sustained a great deal of damage due to flooding. Flood recovery work was completed in late 2021. In FY 2021, the City was
notified that the control tower was being moved from a “cost share” tower and tower operations would be fully funded by the
FAA. This change reduced the airport facilities net operating budget by approximately $45,000. Staff continues to pursue funding for
the construction of various projects such as: a new control tower; maintenance facility; and pavement rehabilitation for Taxiway A and
Runway 9/27.
Courtesy of Matt Morasch, Director of Public Works
Police Department
Interoperable Radio Purchase
The Police Department has purchased 89 Motorola APX 8000 portable radios for use by officers and supervisors. The all band radios
allow for communication with neighboring jurisdictions through the Missouri Statewide Interoperability Network (MOSWIN) system,
and has increased the efficiency of radio communications for multi-jurisdictional events.
Grant Award to Purchase Ballistic Helmets, Face Shields, and Protective Masks
The Police Department was awarded $64,705 from the State Homeland Security Combatting Violent Domestic Extremism Grant. The
grant award was applied toward the purchase of ballistic helmets, face shields, and protective masks for use during incidents of civil
unrest.
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Department of Justice Funds used to Purchase Ballistic Shields
The Police Department utilized Department of Justice Drug Forfeiture Funds to purchase five ballistic shields for use by the patrol
section and Special Weapons and Tactics team. The ballistic shields are capable of withstanding impact from rifle rounds, and were
purchased to replace ballistic shields that had exceeded their warranty.
Department of Justice Funds used to Purchase Brinc LEMUR Drone
The Police Department utilized Department of Justice Drug Forfeiture funds to purchase a new drone. The drone has the capability for
two-way communications, and can be used to establish communications with a dangerous individual without putting officers at risk
during an approach.
Building Cameras
In 2020 the police department completed phase 1 of the building camera replacement project. This replaced half of the existing
internal and external security cameras on the police department campus. Phase 2 is scheduled to be completed in the future.
Kennel Improvements
Twenty-five (25) insulated dog kennel flaps have been received and will be installed on the exterior of the Animal Shelter dog kennels
that have access to the outside. These flaps will allow for better living conditions for the dogs as they will provide better climate
control. The increased climate control will also reduce the stress on the HVAC system by preventing the need to run constantly to
maintain a consistent indoor climate. Phase 1 of the cat kennel replacement in the medical and intake areas of the Animal Shelter has
been completed. This project replaced the plastic kennels with stainless steel. This allows for better cleaning and less stress on the cats
while housed at the shelter. This project was possible with money donated by the Friends of the Jefferson City Animal Shelter.
911 Center Hardware Improvements
The Police Department has been testing and evaluating new monitor configurations in the 9-1-1 emergency communications center.
Staff has tested the current six monitor configuration with newer 24-inch wide screen monitor and have tested using a single 50 inch
monitor. Police personnel have selected the most advantageous configuration and continue to update the 9-1-1 emergency
communications center. Phase 1 of 2 is complete, and the main dispatch center has been upgraded. Phase 2 will provide for an
identical setup at the redundant communications center at Fire Station 3. It was decided through testing that the six monitor
configuration was more conducive to 911 communication work than one large monitor. All monitors have been replaced.
Mobile Date Computer Upgrades
The Police Department completed Phase 2 of the Mobile Data Computer replacement. Fifteen (15) computers were replaced in 2020.
The ongoing plan is to upgrade 4 of the older style MDT’s to the newer version, as well as replacing 11 of the in-car printers. The
Mobile computer replacement from CF-53’s for CF-33’s was completed. We are attempting to replace the printers, but they are all on
backorder. We are also now entering into our first round of needing to replace the older CF-33’s.
Upgrade of CAD Software
The Department is continuing an upgrade of the outdated Computer Aided Dispatch (CAD) software to a new Enterprise version.
This will provide an increase in dispatching capabilities giving the communications operators more tools and interfaces to provide
higher quality response support. This project went live on May 19, 2020. Staff are still working through some minor configuration
issues along with purchasing new modules that complement software. The first module is Be On the Look Out (BOLO), which offers
the capability of adding and removing people and vehicles related to investigations. The second module is Web Briefing notes, which
allows a digital version of shift briefing notes. It streamlines the briefing process and gives officers live access to the notes from the
MDTs in their patrol car.
Text-to-9-1-1
With the increasing use of technology and mobile devices by the public, the Police Department continues to upgrade the 9-1-1
communications center in the use of next generation functionality. This includes the ability to receive emergency communications
from the public in the form of text messages. The Police Department has partnered with WEST communications to provide this
service. Once “Text Ready”, the testing phases will begin, and the cell phone companies will configure their network and ensure the
Police Department is “Text Capable”. This project has been delayed multiple times due to vendors not being ready and/or for COVID-
19 reasons. The Police Department is now ready to test and is listed as Text to 9-1-1 PSAP in the FCC registry. All the notifications
have been made to the cellular providers to make us Text Capable and activate the service within their respective networks.
Interagency CAD to CAD
In 2020 the Police Department continues to work towards implementing a CAD to CAD interface with Boone County 9-1-1. This
project further enhances the capabilities to provide uninterrupted service to the respective communities during a 9-1-1 center outage.
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This is also an ongoing project that had to be reconfigured multiple times to ensure it was correct. In conjunction with Boone County a
grant was awarded from the Missouri 9-1-1 Service Board to implement this CAD to CAD project. The police department will be
purchasing Tellus from Central Square which will be our CAD to CAD sharing software.
Emergency Operations Center Upgrade
CARES Act funding was utilized to upgrade our Emergency Operations Center (EOC). This upgrade project added 6 wall mounted
televisions, 2 laser projectors, and a 9 panel video wall to the EOC. The system is controlled using a Crestron deployment package.
This allows us to have multiple input sources and then display those sources on any of the room’s display monitors. It also included
two cameras, microphones, and virtual meeting capabilities..
Brazos Electronic Ticketing
The police department is working to replace the electronic ticketing software. The current vendor, Advanced Public Safety, was
purchased by Central Square and no longer efficiently integrates with the current Law Enforcement Records Management Software,
Mobile Computing platform, or Municipal Court. Brazos Electronic Ticketing is a Tyler product and will be integrated directly into
the Mobile Computing software. It will allow for a more streamlined process for issuing citations.
Paperless File Transfer
In 2020 records section personnel worked with the Cole County Prosecutors Office, City IT, and County IT to formulate a process to
electronically submit charging paperwork to the Cole County Prosecutors office for review. This project was successfully
implemented, and personnel now electronically submit the paperwork. This ended the era of a police information clerk manually
delivering the charging packets each morning to the staff at the Cole County Prosecutor’s Office.
Replace End of Life In Car Cameras and Add Body Worn Cameras
Our current in car camera system is over 7 years old and parts are starting to fail. The intention is to replace it with new hardware and
add in body worn cameras.
Update BusComm Audio Recorder
The BusComm audio recorder is at end of life and is no longer meeting the industry standards. Other technology upgrades have
created issues with the recorders older way of receiving the audio data. There is a need to update the hardware and software to
continue getting the best quality audio recordings.
Add MDT’s and Field Reporting to Animal Control
Adding the ability for ACO’s to research shelter pro for stray animals and their owners will reduce the number of animals that are
brought into the shelter. It will also provide them the ability to issue electronic citations stream lining the citation process.
Courtesy of Chief Roger Schroeder, Jefferson City Police Department
Fire Department
In FY2021, the Jefferson City Fire Department responded to 5,663 calls for service that resulted in $684,690 in fire losses. The largest
portion of those losses was in 1 or 2 family dwellings at $595,590. While the Department achieved 100% of containment to the
structure of origin and approximately 80% containment to the room of origin, continuous improvement is always our goal. The
Department continues to focus its training program in the following areas: fire suppression, hazardous materials mitigation, water
rescue, confined space rescue, and various emergency medical trainings. In spite of the challenges of FY2021, the Fire Department
logged approximately 11,196 hours of documented training versus 16,020 hours in FY2020.
The Jefferson City Fire Department maintained an Insurance Services Office (ISO) rating of 2 in FY2021. As background, ISO is an
independent company that collects information about municipal fire suppression efforts in communities throughout the United States.
In each of those communities, ISO analyzes relevant data and assigns a Public Protection Classification grade – a number from 1 to 10
– based on a uniform set of criteria. Class 1 represents the highest level of assessment possible and Class 10 indicates that the area’s
fire suppression program does not meet ISO’s minimum criteria.
In response to COVID-19 concerns, the Jefferson City Fire Department continued with modified day-to-day operations that were
originally implemented in March 2020. Those protocols were established to ensure the safety of our staff and protect the public that
we serve. The Fire Department conducted the bulk of its interdepartmental briefings and trainings virtually, daily cleaning routines
were augmented with disinfection protocols, all personnel were required to conduct daily symptom checks and record results, and staff
were asked to keep the Department informed of any potential off-duty exposure to the virus. The Department limited its exposure to
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vulnerable populations, and the public in general, to reduce the spread of the SARS-COV2 virus. The virus continues to impact
response times and apparatus turnout times because of increased screening of calls and heightened PPE usage.
In spite of COVID-19, the Fire Department adjusted but continued its fire prevention activities in FY2021. The Department
completed 1,391 inspections and pre-plans for this fiscal year. In addition, the Department documented 35 public education and
prevention events in support of community risk reduction. The Fire Department distributed 59 new child passenger safety seats in
partnership with the Cole County Health Department and the Missouri Department of Transportation and trained 190 caregivers on the
proper installation of child passenger car safety seats.
Concerns related to the pandemic prevented our onsite medical provider from conducting Department-wide National Fire Protection
Association (NFPA) 1,582 physicals; subsequently, annual Physical Assessment Test (PAT) were also delayed. The Fire Department
continued to promote employee health and wellness by staggering workout times and routinely disinfecting workout areas.
Courtesy of Chief Matthew Schofield, Jefferson City Fire Department
Law/Municipal Court
During FY21, the Office of City Attorney performed substantial work on economic development projects, including work relating to
the development of the Missouri State Penitentiary. Specifically, the Office of City Attorney is leading City negotiations with the City
Council’s selected master developer and the State of Missouri.
The Office of City Attorney also assisted the Department of Planning and Protective Services on nuisance abatement and cost
recovery, specifically securing nearly $100,000 in judgments from the Circuit Court to recover City costs in abatement of dangerous
buildings. The Office of the City Attorney also assisted the Parks and Recreation Department in the negotiation and drafting of a
comprehensive management agreement with VenuWorks for the management and operation of the new Capital Region MU Health
Care Amphitheater at Ellis-Porter Riverside Park, which opened in May 2021.
After disruptions in 2020 due to the global COVID-19 pandemic, in FY2021 the Municipal Court dockets returned to normal weekly
in-person appearances with health and safety precautions implemented. In early April, Scott Evans was newly elected as Municipal
Judge. On July 1, Municipal Court transitioned to the state-run case processing software, Show-Me Courts. Court cases filed prior to
July 1 are still being processed in the previous software system.
Courtesy of Ryan Moehlman, City Counselor
Information Technology Services (ITS)
Hardware and Software Upgrade
ITS continues to replace computers/laptops that are past their 5-year cycle. ITS completed the migration of every computer/laptop in
the City from Windows 7 to Windows 10. ITS upgraded all City computers/laptops from Office 2010 to Office 2019. ITS is in the
process of upgrading our servers with the Windows Server 2008 or older Operating System to Windows Server 2019. ITS has
migrated all the City’s email boxes from Exchange 2010 server to Exchange Online. ITS worked with Revize to revamp the City’s
webpage to a more modern, attractive, and mobile friendly website.
ITS has converted all fax lines to eFax, to provide the City with a completely digital fax system that allows us to send and receive fax
documents securely over the Internet. ITS will be implementing a Test Lab to help us successfully update and test applications. ITS
worked with a vendor to successfully upgrade our on-premise SysAid helpdesk software to cloud-based. ITS and Finance are in the
process of upgrading Springbrook to a cloud-based platform.
ITS and multiple vendors helped transform the Council Chamber and other conference rooms to accommodate virtual meetings. This
included the replacement of projectors with large screen TVs, installation of PTZ cameras/webcams, and installation/configuration of
new computers. ITS worked with the Police Department (PD) and a vendor to transform the PD classroom with Video Boards and an
updated dedicated network. ITS assisted Fire with installing new PCs and webcams for Webex virtual conferencing at each fire
station. ITS is assisting OSCA, Municipal Court, and Cole County Jail with video conferencing between virtual court appearances
between the City Municipal Judge and the Cole County Jail. ITS is researching the use of ceiling installed microphones, to help
alleviate audio issues.
ITS has completed the rollout of the new hosted Voice Over Internet Protocol (VOIP) phone solution. This solution is providing the
City with new phone equipment to replace out-of-date equipment. ITS worked with the City’s phone service provider to provide two
new dedicated Internet circuits for the VOIP traffic to travel on. ITS will be implementing a paging feature for the City Hall
telephones.
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ITS worked with the Police Department (PD) and a vendor to implement the New World Brazos electronic ticketing system which
replaced the current electronic ticketing system. ITS is working with the Police Department and vendor to implement a CAD to CAD
interface. ITS will be assisting PD and Fire with paging Fire through the New World CAD system. ITS assisted PD and Fire in the
consolidation and reverification of all addresses in the New World System. ITS assisted PD and Fire in the implementation of Tyler’s
New World Enterprise CAD system. ITS will be assisting PD and Fire with the upgrade of the New World System to 2021.1
HF5. ITS will be assisting PD with the consolidation of global jackets in the New World system. ITS is currently assisting PD with
researching different AVL solutions for the squad cars.
ITS is assisting the Police Department with the implementation of the Cradle Point System. Cradle Point will provide a higher level of
reliability for the Toughbooks to connect through the cellular network. It also acts as a management client for traffic routing through
the cellular connection. We are currently in the testing stage. If testing is successful, the Police Department will be able to properly
use the FirstNet cellular network which provides network priority for emergency agencies. ITS continues to keep all Panasonic
Toughbooks up-to-date with Windows Security Updates. At the request of PD, ITS will install Tyler New World’s Mobile software
on all Cole County Sheriff Toughbooks. ITS worked with PD to implement an electronic file exchange system between Cole County
Prosecutor’s Office and PD.
ITS worked with a vendor to upgrade Laserfiche document management software to the cloud. ITS is assisting Planning & Protective
Services – Environmental Health in implementing a cloud-based Food Services solution to replace their aging on-premise software.
ITS assisted PD in moving the Policy Center software to a cloud-based solution. ITS is currently assisting Municipal Court with the
implementation of the Brazos to Show-Me Court interface.
Security
ITS continues to monitor our four-prong approach for cyber security. Our Next-Generation firewall scans all incoming and outgoing
traffic to help protect the City against malicious activity. Our cloud security platform provides the first line of defense against threats
on the Internet wherever users go and a cloud-based antivirus software was installed on all City computers. ITS utilizes Microsoft 365
Defender, cloud-based SPAM filtering solution that captures over 1200+ Spam/virus/blacklisted email attempts a day. ITS is in the
process of restructuring the City’s file shares. This will provide more security at the file level. ITS will be working with the Law
Department to develop City-wide policies.
Network
ITS has finished the replacement of network switches in the City’s buildings. ITS replaced all the old WAPs with new stronger
WAPs. A WAP is a wireless access point that provides a secure wireless network for employees to use. ITS has successfully migrated
our DHCP service from the switches to a Server. This will allow us to troubleshoot connection issues more easily. ITS worked with a
vendor to successfully upgrade our Active Directory schema to version 2016. This will allow us to add a server with a newer
operating system to our network and give us more group policy options. ITS will be working with a vendor to cleanup and organize
most of our wiring closets. ITS worked with CenturyLink to upgrade the Internet speeds for the City to 1GB. With more applications
going to the cloud, this was a necessary upgrade. ITS has been working with the Parks and Recreation Department and a vendor to
provide Internet to several Park locations in Jefferson City. This will allow the Parks and Recreation Department to install security
cameras in those locations.
Geographic Information Systems (GIS)
Software
GIS has updated all of our systems to the latest release of the software versions. The new GIS platform connects ESRI’s ArcGIS
Online environment with our GIS portal. This will lay the groundwork for future updates of the ESRI platform. We are continuing to
add new applications and features for the ease of our users 1,200+ users.
Application Development
Fire Department
GIS developed a process to provide the fire department with ISO response numbers that will help them in supporting their ISO ratings.
A company called the ISO (Insurance Services Office) creates ratings for fire departments that calculate how well-equipped fire
departments are to put fires out in their community. Businesses and homeowners’ insurance rates are affected by ISO ratings. This
analysis consists of classifying each address with its’ nearest two (2) fire stations.
We are continuing to support the Fire Inspection application that was developed in 2018 to assist firefighters in conducting their
routine fire inspections.
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We assisted the Fire Department using GIS applications during a search and rescue training exercise. We will be working closely with
them to develop a process for us to have ready for future needs.
GIS is working with all local water companies to compile their water network GIS information to use in the Tyler Technologies 911
system.
Streets and Stormwater
We have developed a mobile application for the Stormwater group to manage their site inspections to meet the Stormwater Protection
Plan guidelines.
We have worked with the stormwater group to develop an online MS4 inspection tracking system for their outfall inspections. This
included a dashboard for staff to monitor their progress throughout the year.
We continue to maintain a mobile application for the Streets Department to begin managing their street sign inspections.
We developed and trained public works staff to utilize their new Street cut Management application. This will give them the ability to
track the street cuts by contractors and report new road closures to the public.
Sanitary Sewer Department
GIS is continuing to work with the Sewer Department to link the GIS information to their Closed-Circuit Television (CCTV)
Inspection software.
We continue to support and add functionality to the Sanitary Sewer Work Order System. We configured a live dashboard to quickly
see the status of their work throughout the year.
We have developed a grease trap inspection platform for the Sanitary Sewer group to conduct grease trap inspections at local
restaurants.
GIS will continue to analyze water usage among our sanitary sewer customers and upload those usage numbers into Springbrook.
Planning and Protective Services
We are working with the historic preservation group to build an application that will connect all historical surveys to one website for
others to view. This will eventually have the ability to create new surveys for historical properties in Jefferson City.
Finance
We created a program to extract and map out all Business License, Building Permits, Customer information and Lot data from the
Springbrook SQL Database for quick access in the GIS website.
Police Department
GIS continues to manage and continue to update the GIS data for the Tyler Technology system
We have developed a Crime analysis process that provides police staff the ability to view crime throughout the city. This information
is used to communicate to community members on any crime trends that are occurring.
Veterans Plaza
We created an application for Public Works staff to manage the placement and sales of memorial bricks in the Veteran Plaza.
SQL Database Management
We have developed programs to manage the 12 SQL Databases that support the different entire GIS system’s applications.
Courtesy of Buster Schrage, GIS Manager and Interim ITS Manager
Parks and Recreation
Park Improvements
● Deborah Cooper Park on Adrian’s Island opened for public use late fall 2021. Phase 1 components included hard surface
trails, backfilling and seeding. Phase 2 amenities including an outdoor shelter, restroom, life size chess board, large
hammocks and park benches are scheduled to be finished mid-summer 2022.
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● Opened the new Capital Region MU Health Care Amphitheater in Ellis-Porter Riverside Park early summer 2021. The
improvements include a 2,500 +/- seat amphitheater along with new parking lot and security lighting throughout Riverside
Park.
● Completed improvements to Washington park. Scope of project included pedestrian improvements across Kansas St.,
parking lot, security and greenway bollard lighting, and improved landscaping near ice arena entrance.
● Finished last component to the McClung Park improvements - parking lot re-design and construction completed fall 2021.
Recreation
● Hosted 47 special events including basketball, volleyball, pickleball and futsal tournaments, Lincoln basketball camp and a
Bridal Spectacular at the Linc.
● Held over twenty different types of water and land exercise classes with 7,431 participants.
● The Linc had 50,516 visits from public patrons and students.
● In conjunction with the Cole County Health Department four community wide Covid-19 vaccination clinics were held at the
Linc. The dates were February 5 & 26, March 19 and April 9.
● A Judo tournament was held at the Linc on April 10. There were 125 participants from nine different states.
● The Missouri Interscholastic Cycling League Leadership Summit was held at The Linc on April 17 & 18.
● CampDoc, an online medical form was implemented for parents and families in summer day camp programs.
● Diversity, equity and inclusion workshops were held for staff throughout the year.
● An internship program with Lincoln University was established.
● A feasibility study was completed on the Washington Park Ice Arena in April – June 2021 . The study revealed a need for a
new- two sheet ice facility. To be relocated from its current location in Washington Park.
● Ice Show performances were held on April 23rd, 24th, & 25th. The show consisted of 76 total skaters performing and there
were 679 total spectators for the weekend.
● Vivion Field was the home of The Jefferson City Renegades. The Renegades are a team in the South Division of the MINK
League. Games are played in June and July.
● The Washington Park Ice Arena flooded in June 2021. The Ice making process began on July 12th and the facility re-opened
on August 1.
● Guns & Hoses Charity Game took place on August 28th at the Washington park Ice Arena.
● Community bike rides sponsored by JC Parks continued to gain participants. There were seven community bike ride events.
● The Jefferson City Fire Department utilized Ellis Porter Pool for water training 9/8 and 9/9.
● Digital menu boards were added to 63 Diamonds and Binder concession stands.
● Competitive baseball league had 56 teams registered for the Spring/Summer season.
● Security cameras were installed at Community, East Miller, Ellis Porter and McClung Parks.
● A community wide back pack giveaway was held at The Linc. 750 backpacks were given away at the event.
● The Missouri Interscholastic Cycling League State Championship was held at Binder Park on October 30 & 31.
● Partnered with the Kansas City Chiefs for the Youth Flag Football League in the Fall 2021.
● Economic impact on special events held at the Linc was $1,536,684.
● Economic impact for special events held at the ballfields was $975,352.
Recreation Looking Ahead in 2022:
‐ Continued increase in security measures in the parks.
‐ Host USA Gymnastics State Championship at The Linc.
‐ Increase economic impact by hosting additional events not already scheduled at JC Parks facilities.
Courtesy of Todd Spalding, Director of Parks, Recreation & Forestry
Awards and Acknowledgments
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for
Excellence in Financial Reporting to the City of Jefferson for its Annual Comprehensive Financial Report (ACFR) for the fiscal year
ended October 31, 2020. The Certificate of Achievement is a prestigious national award recognizing conformance with the highest
standards for preparation of a state and local government financial report. In order to be awarded a Certificate of Achievement, the
City must publish an easily readable and efficiently organized ACFR whose contents conform to program standards. The ACFR must
satisfy both generally accepted accounting principles and applicable legal requirements.
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A Certificate of Achievement is valid for a period of one year only. This is the 25th year (1996-2020) that Jefferson City has received
the award. We believe our current report (this document) continues to conform to the Certificate of Achievement program
requirements and we are submitting it to GFOA for review.
This Annual Comprehensive Financial Report was produced through the dedicated efforts of the Finance Department and Evers &
Company CPA’s LLC, the City’s independent auditors. Their continuing efforts to enhance procedures, ensure accuracy, and
maintain and improve systems have allowed the completion of the annual audit and this report. Our thanks also to the Mayor, City
Council and the City Administrator for their support in our efforts to strengthen and improve the financial operations of the City.
Respectfully submitted,
Shiela Pearre
Interim Director of Finance and Information Technology Services
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Government Finance Officers Association
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Jefferson
Missouri
For its Annual Comprehensive
Financial Report
For the Fiscal Year Ended
October 31, 2020
Executive Director/CEO
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Citywide Table of OrganizationCity of Jefferson, MissouriCitizens of City of Jefferson, MissouriMunicipal JudgeCity ProsecutorMayor & City CouncilCity ClerkCity AttorneyCity AdministratorHuman ResourcesPersonnelEqual Employment Opportunities (EEO)Risk ManagementFinance & Information Technology ServicesFinancial & Business ServicesSupport ServicesDisadvantaged Business Enterprises (DBE)Disadvantaged Business Enterprise Liaison Officer (DBELO)Information Technology ServicesGeographic Information System (GIS)Municipal CourtPolice DepartmentPatrolDetectivesTrafficCommunicationsSchool Resource OfficersMUSTANGAnimal Protection & ControlFire DepartmentSuppressionTrainingPublic Safety & EducationPlanning & Protective ServicesAdministrationPlanningMetropolitan Planning Organization (MPO)Redevelopment & GrantsEnvironmental Health ServicesProperty Maintenance & Code EnforcementBuilding & InspectionPublic WorksAdministrationEngineeringStreetsCentral MaintenanceAirportParkingTransitWastewaterParks & RecreationRecreationOutdoor RecreationCamp ProgramsThe LINCAmphitheaterAdministrationIce ArenaGolf CoursePools (2)MaintenanceOther Boards & CommissionsParks Commission24
MAYOR
Honorable Carrie Tergin
CITY COUNCIL MEMBERS
David Kemna
Mike Lester
Erin Wiseman
Derrick Spicer
Jon Hensley
First Ward
Second Ward
Third Ward
Fourth Ward
Fifth Ward
Hank Vogt
Laura A. Ward
Scott Spencer
Ron Fitzwater
Mark Schreiber
CITY ADMINISTRATOR
Steve Crowell
City Counselor
Ryan Moehlman
City Clerk
Emily Donaldson
Public Works
Matt Morasch
Interim Finance/Information
Technology Systems
Shiela Pearre
Human Resources
Gail Strope
Planning & Protective
Services
Sonny Sanders
Police Chief
Roger Schroeder
Fire Chief
Matt Schofield
Parks & Recreation
Todd Spalding
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City of Jefferson, Missouri
Elected and Appointed Officials
25
The mission of the City of Jefferson is to provide
effective leadership and stewardship, enhance the
present and future quality of life, promote the
health, safety and welfare of the community, and
efficiently deliver essential and desired
services with resolute spirit and
absolute integrity.
26
FINANCIAL
SECTION
27
INDEPENDENT AUDITORS’ REPORT
To the Honorable Mayor and
Members of the City Council
City of Jefferson, Missouri
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, the
business-type activities, each major fund, and the aggregate remaining fund information of the City
of Jefferson, Missouri, as of and for the year ended October 31, 2021, and the related notes to the
financial statements, which collectively comprise the City’s basic financial statements as listed in
the table of contents.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this
includes the design, implementation, and maintenance of internal control relevant to the preparation
and fair presentation of the financial statements that are free from material misstatement, whether due
to fraud or error.
Auditors’ Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We did not
audit the financial statements of the discretely presented component unit, the Jefferson City
Convention and Visitor’s Bureau, which represent 3.8 percent, 4.8 percent, and .75 percent,
respectively, of the assets, net position, and revenues of the governmental activities of the City of
Jefferson, Missouri. Those statements were audited by other auditors whose report has been furnished
to us, and our opinion, insofar as it relates to the amounts included for the Jefferson City Convention
and Visitor’s Bureau, is based solely on the report of the other auditors. We conducted our audit in
accordance with auditing standards generally accepted in the United States of America and the
standards applicable to financial audits contained in the Government Auditing Standards, issued by the
Comptroller General of the United States. Those standards require that we plan and perform the audit
to obtain reasonable assurance about whether the financial statements are free from material
misstatement.
28
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures
in the financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or
error. In making those risk assessments, the auditor considers internal control relevant to the entity’s
preparation and fair presentation of financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness
of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes
evaluating the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made by management, as well as evaluating the overall presentation of the
financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinions.
Opinions
In our opinion, based on our audit and the report of other auditors, the financial statements referred to
above present fairly, in all material respects, the respective financial position of the governmental
activities, the business-type activities, each major fund, and the aggregate remaining fund
information of the City of Jefferson, Missouri, as of October 31, 2021, and the respective changes in
financial position and, where applicable, cash flows thereof for the year then ended in accordance with
accounting principles generally accepted in the United States of America.
Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the
management’s discussion and analysis, pension information, postemployment information, and
budgetary comparison schedules, as listed in the table of contents, be presented to supplement the
basic financial statements. Such information, although not a part of the basic financial statements, is
required by the Governmental Accounting Standards Board, who considers it to be an essential part of
financial reporting for placing the basic financial statements in an appropriate operational, economic,
or historical context. We have applied certain limited procedures to the required supplementary
information in accordance with auditing standards generally accepted in the United States of America,
which consisted of inquiries of management about the methods of preparing the information and
comparing the information for consistency with management’s responses to our inquiries, the basic
financial statements, and other knowledge we obtained during our audit of the basic financial
statements. We do not express an opinion or provide any assurance on the information because the
limited procedures do not provide us with sufficient evidence to express an opinion or provide any
assurance.
29
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that
collectively comprise the City of Jefferson, Missouri’s basic financial statements. The introductory
section, supplemental financial statements and schedules, and statistical section, as listed in the table
of contents, are presented for purposes of additional analysis and are not a required part of the basic
financial statements. The schedule of expenditures of federal awards is presented for purposes of
additional analysis as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards, and is also not a required part of the basic financial statements.
The supplemental financial statements and schedules as listed in the table of contents and the
schedule of expenditures of federal awards are the responsibility of management and were derived
from and relate directly to the underlying accounting and other records used to prepare the basic
financial statements. Such information, except for the budget information, has been subjected to the
auditing procedures applied in the audit of the basic financial statements and certain additional
procedures, including comparing and reconciling such information directly to the underlying
accounting and other records used to prepare the basic financial statements or to the basic financial
statements themselves, and other additional procedures in accordance with auditing standards
generally accepted in the United States of America. In our opinion, the supplemental financial
statements and schedules, except for the budget information, as listed in the table of contents and
the schedule of expenditures of federal awards are fairly stated in all material respects in relation to
the basic financial statements as a whole. The budget information has not been subjected to the
auditing procedures applied in the audit of the financial statements and accordingly, we do not
express an opinion or provide any assurance.
The introductory and statistical sections have not been subjected to the auditing procedures applied
in the audit of the basic financial statements and, accordingly, we do not express an opinion or
provide any assurance on them.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated April 8,
2022, on our consideration of the City of Jefferson, Missouri’s internal control over financial reporting
and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant
agreements and other matters. The purpose of that report is solely to describe the scope of our testing
of internal control over financial reporting and compliance and the results of that testing, and not to
provide an opinion on the effectiveness of the City of Jefferson, Missouri’s internal control over
financial reporting or on compliance. That report is an integral part of an audit performed in
accordance with Government Auditing Standards in considering the City of Jefferson, Missouri’s
internal control over financial reporting and compliance.
EVERS & COMPANY, CPA’s, L.L.C.
Jefferson City, Missouri
April 8, 2022
30
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
Final As management of the City of Jefferson, we offer readers of the City of Jefferson’s financial statements this narrative overview
and analysis of the financial activities of the City of Jefferson for the fiscal year ended October 31, 2021. We encourage readers to
consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal,
which can be found in the Introductory Section of this report.
Financial Highlights
The assets and deferred outflows of the City of Jefferson exceeded its liabilities and deferred inflows of resources as of October 31,
2021 by $241,877,469 (net position). Of this amount, $18,317,358 (unrestricted net position) may be used to meet the
government’s ongoing obligations to citizens and creditors. The unrestricted net position in the governmental activities was
$10,856,288 and $7,461,070 in the business-type activities.
The City of Jefferson’s total net position increased by $17,853,815 of which $16,850,228 was from an increase in net position in the
governmental activities and $1,003,587 was from an increase in net position in the business-type activities. The key factors were a
decrease of $4,050,298 in Net Investment in Capital Assets in the governmental activities; an increase of $4,314,631 in Restricted for
Parks in the governmental activities; an increase of $3,205,826 in Restricted for Capital Projects in the governmental activities; an
increase of $200,000 in Statutory Obligations in the governmental activities; an increase of $13,105,943 in Unrestricted Net Position
in the governmental activities; an increase of $1,089,822 in Net Investment in Capital Assets in the business-type activities; a
decrease of $71,233 in Revenue Bond Debt Service requirements in the business-type activities; an increase of $1,082,014 in
Restricted for Pensions/OPEB in the business-type activities; a decrease of $123,531 in Restricted for Capital Projects in the
business-type activities; and a decrease of $973,485 in Unrestricted Net Position in the business-type activities.
As of the close of fiscal year 2021, the City of Jefferson’s governmental funds reported combined ending fund balances of
$28,951,067 – an increase of $4,642,844 in comparison with the prior year. The amount available for disbursement at the
government’s discretion is $8,000,255 since that is the government funds combined unassigned fund balance.
At the end of the current fiscal year, the unassigned fund balance for the general fund was $8,000,255 or 23.8% of total general
fund expenditures, or 23.3% of total general fund expenditures and transfers out.
The City of Jefferson’s total debt decreased by $4,926,336. This was due to the retirement of Sewerage System revenue bond
principal in the amount of $4,319,200; the retirement of Parks special obligation bond principal in the $285,000; and the payment of
lease principal for the fire apparatus in the amount of $322,136.
Overview of the Financial Statements
This discussion and analysis is intended to serve as an introduction to the City of Jefferson’s basic financial statements. The City of
Jefferson’s basic financial statements comprise three components: 1) government-wide financial statements, 2) fund financial
statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the
basic financial statements.
Government-wide financial statements. The government-wide financial statements are designed to provide readers with a broad
overview of the City of Jefferson’s finances in a manner similar to a private-sector business.
The statement of net position presents information on the difference between (assets plus the deferred outflow of resources) and
(liabilities plus the deferred inflows of resources) as net position for the City of Jefferson. Over time, increases or decreases in net
position may serve as a useful indicator of whether the financial position of the City of Jefferson is improving or deteriorating.
The statement of activities presents information showing how the government’s net position changed during the most recent fiscal
year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing
of related cash flows. Thus, revenue and expenses are reported in this statement for some items that will only result in cash flows in
future fiscal periods (e.g., uncollected taxes, grants receivable and earned but unused vacation and sick leave).
Both of the government-wide financial statements distinguish functions of the City of Jefferson that are principally supported by taxes
and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion
of their costs through user fees and charges (business-type activities). The governmental activities of the City of Jefferson include
general government, public safety, community development, and cultural and recreation. The business-type activities of the City of
31
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
Jefferson include Wastewater, Airport, Parking and Transit.
The government-wide financial statements include not only the City of Jefferson itself (known as the primary government), but also a
legal separate non-profit organization, Jefferson City Convention and Visitors Bureau for which the City of Jefferson is financially
accountable. Financial information for this component unit is reported separately from the financial information presented for the
primary government itself. The government-wide financial statements can be found in the Basic Financial Statements in the Financial
Section of this report. A separate audited financial report of the JCCVB is publicly available by written request from the Jefferson
City Convention and Visitors Bureau, Inc., 700 E. Capitol Avenue, Jefferson City, MO 65101.
Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over resources that have been
segregated for specific activities or objectives. The City of Jefferson, like other state and local governments, uses fund accounting to
ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the City of Jefferson can be divided
into three categories: governmental funds, proprietary funds, and fiduciary funds.
Governmental Funds. Governmental funds are used to account for essentially the same functions reported as governmental activities
in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund
financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable and
nonspendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-
term financing requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the
information presented for governmental funds with similar information presented for governmental activities in the government-wide
financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing
decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in
the fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
The City of Jefferson maintains nine individual governmental funds. Information is presented separately in the governmental fund
balance sheet and in the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund,
parks fund and capital improvement tax fund, which are considered to be major funds. Data from the other six governmental funds are
combined into a single, aggregated presentation. Individual fund data for each of these nonmajor governmental funds is provided in
the form of combining statements elsewhere in this report. The basic governmental fund financial statements can be found in the
Basic Financial Statements in the Financial Section of this report.
The City of Jefferson adopts an annual appropriated budget for all of its funds. A budgetary comparison schedule has been provided
for all governmental funds to demonstrate compliance with the budget.
Proprietary funds. The City of Jefferson maintains two different types of proprietary funds. Enterprise funds are used to report the
same functions presented as business-type activities in the government-wide financial statements. The City of Jefferson uses enterprise
funds to account for its wastewater, airport, parking and transit operations. Information is presented separately in the statement of net
position, proprietary funds, and the statement of revenues, expenses, and changes in net position, proprietary funds, for the wastewater
and transit funds, which are considered to be the major funds. Data from the other two enterprise funds are combined into a single,
aggregated presentation. Individual fund data for each of these nonmajor enterprise funds is provided in the form of combining
statements elsewhere in this report.
The other type of proprietary funds are internal service funds for workers compensation self-insurance and self-funded health
insurance which are combined into a single aggregated presentation in the proprietary fund financial statements. Individual fund data
for the internal service funds are provided in the form of combining statements in the combining and individual fund statements and
schedules section of this report.
The basic proprietary fund financial statements can be found in the Basic Financial Statements in the Financial Section of this report.
Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary
funds are not reflected in the government-wide financial statement because the resources of those funds are not available to support
the City’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds. The City maintains one
custodial fund for Tax Increment Financing.
32
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
The basic custodial fund financial statements can be found in the Basic Financial Statements in the Financial Section of this report.
Notes to the financial statements. The notes provide additional information that is essential for a full understanding of the data
provided in the government-wide and fund financial statements. The notes to the financial statements can be found in the Basic
Financial Statements in the Financial Section of this report.
Other information. The combining statements referred to earlier in connection with nonmajor governmental funds, enterprise funds,
and internal service funds can be found in the Supplemental Financial Statements and Schedules in the Financial Section of this report.
Government-wide Financial Analysis
As noted earlier, net position may serve over time as a useful indicator of a government’s financial position. In the case of the City of
Jefferson, assets and deferred outflows exceeded liabilities and deferred inflows of resources by $241,877,469 which increased
$17,853,815 over the prior year. The change in net position in the governmental activities was $16,850,228 and $1,003,587 in
business-type activities. The key factors were a decrease of $4,050,298 in Net Investment in Capital Assets in the governmental
activities; an increase of $4,314,631 in Restricted for Parks in the governmental activities; an increase of $3,205,826 in Restricted
for Capital Projects in the governmental activities; an increase of $200,000 in Statutory Obligations in the governmental activities;
an increase of $13,105,943 in Unrestricted Net Position in the governmental activities; an increase of $1,089,822 in Net Investment
in Capital Assets in the business-type activities; a decrease of $71,233 in Revenue Bond Debt Service requirements in the business-
type activities; an increase of $1,082,014 in Restricted for Pensions/OPEB in the business-type activities; a decrease of $123,531 in
Restricted for Capital Projects in the business-type activities; and a decrease of $973,485 in Unrestricted Net Position in the
business-type activities.
Long-term liabilities decrease of $24,019,795 was due primarily to a decrease of $615,469 in Long Term Debt in the governmental
activities; a decrease of $17,473 in Net OPEB Liability in the governmental activities; a decrease of $16,409,130 in Net Pension
Liability in the governmental activities; a decrease of $2,618,000 in Payable to Other Governments in the business-type activities;
an increase of $17,560 in compensated absences in the business-type activities; a decrease of $2,497 in Net OPEB Liability in the
business-type activities; and a decrease of $4,479,328 in Revenue Bonds Payable in the business-type activities. Other liabilities
increase of $439,151 was due primarily to an increase in accounts payable of $258,528 in governmental activities; a decrease in
retainage payable of $92,218 in governmental activities; a decrease in accrued liabilities of $59,551 in governmental activities; an
increase in due to other funds of $89,239 in governmental activities; an increase in deposits of $17,759 in governmental activities;
an increase in due to component unit of $87,927 in governmental activities; an increase in accounts payable of $55,749 in business-
type activities; a decrease in retainage payable of $5,921 in business-type activities; an increase in accrued liabilities of $6,172 in
business-type activities; an increase of $34,419 in deposits in business-type activities; an increase of $103,234 in unearned revenue
in business-type activities; a decrease of $56,186 in accrued interest payable in business-type activities.
By far the largest portion of the City of Jefferson’s net position (82.3%) reflects its net investment in capital assets (e.g., land,
infrastructure, buildings, machinery and equipment). The City of Jefferson uses these capital assets to provide services to citizens;
consequently, these assets are not available for future spending. Although the City of Jefferson’s investment in capital assets is
reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since
the capital assets themselves cannot be used to liquidate these liabilities.
An additional portion of the City of Jefferson’s net position (10.1%) represents resources that are subject to external restrictions on
how they may be used. The remaining balance of unrestricted net position ($18,317,358) may be used to meet the government’s
ongoing obligations to citizens and creditors.
33
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
2021 2020 2021 2020 2021 2020
Current and other assets $ 61,559,882 $ 36,524,609 $ 21,214,873 $ 19,236,448 $ 82,774,755 $ 55,761,057
Capital assets 145,849,919 143,630,891 104,521,677 107,876,822 250,371,596 251,507,713
Total assets 207,409,801 180,155,500 125,736,550 127,113,270 333,146,351 307,268,770
Deferred Outflows 5,406,908 9,854,987 439,250 1,097,416 5,846,158 10,952,403
Current liabilities 4,602,728 4,301,044 1,943,586 1,806,119 6,546,314 6,107,163
Long-term liabilities 14,610,352 31,560,165 42,997,852 50,067,834 57,608,204 81,627,999
Total liabilities 19,213,080 35,861,209 44,941,438 51,873,953 64,154,518 87,735,162
Deferred Inflows 28,965,481 6,361,358 3,995,041 100,999 32,960,522 6,462,357
Net position:
Net investment in
capital assets 136,447,123 140,497,421 62,564,955 61,475,133 199,012,078 201,972,554
Restricted 17,334,737 9,540,154 7,213,296 6,326,046 24,548,033 15,866,200
Unrestricted (deficit) 10,856,288 (2,249,655) 7,461,070 8,434,555 18,317,358 6,184,900
Total net position $ 164,638,148 $ 147,787,920 $ 77,239,321 $ 76,235,734 $ 241,877,469 $ 224,023,654
Governmental Activities Business-type Activities Total
City of Jefferson's Net Position
There was an increase of $12,132,458 in unrestricted net position due primarily to a decrease of $4,050,298 in Net Investment in
Capital Assets in the governmental activities; an increase of $4,314,631 in Restricted for Parks in the governmental activities; an
increase of $3,205,826 in Restricted for Capital Projects in the governmental activities; an increase of $74,126 in Restricted for
Public Safety in the governmental activities; an increase of $200,000 in Statutory Obligations in the governmental activities; an
increase of $1,089,822 in Net Investment in Capital Assets in the business-type activities; an increase of $1,082,014 in Restricted for
Pensions/OPEB in the business-type activities; a decrease of $123,531 in Restricted for Capital Projects in the business-type
activities.
At the end of the current fiscal year, the City of Jefferson is able to report positive balances in all three categories of total net position,
for the government as a whole, as well as for its separate governmental and business type activities. In the prior fiscal year, the City of
Jefferson was able to report a positive balances in total net position, for the government as a whole. The governmental activities
reported a deficit unrestricted net position as a result of the $7,305,000 issuance of long-term debt and the change in net pension
liability.
34
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
2021 2020 2021 2020 2021 2020
Revenues:
Program Revenues:
Charges for services $ 7,406,557 $ 7,019,316 $ 12,684,448 $ 12,591,201 $ 20,091,005 $ 19,610,517
Operating grants and contributions 7,016,643 5,520,772 1,496,501 1,950,752 8,513,144 7,471,524
Capital grants and contributions 6,301,791 3,825,569 641,808 1,342,403 6,943,599 5,167,972
General Revenues:
Sales and other user taxes 26,584,704 25,260,601 - - 26,584,704 25,260,601
Property taxes 5,767,561 5,522,666 - - 5,767,561 5,522,666
Franchise and utility license taxes 6,272,140 6,213,429 - - 6,272,140 6,213,429
Other 2,549,057 978,907 477,953 923,621 3,027,010 1,902,528
Total revenues 61,898,453 54,341,260 15,300,710 16,807,977 77,199,163 71,149,237
Expenses:
General government 7,367,653 1,463,381 - - 7,367,653 1,463,381
Public safety 16,262,844 20,120,476 - - 16,262,844 20,120,476
Community development 14,609,472 15,055,266 - - 14,609,472 15,055,266
Cultural and recreation 5,617,349 13,989,198 - - 5,617,349 13,989,198
Wastewater - - 10,173,684 13,025,301 10,173,684 13,025,301
Airport - - 1,585,881 1,562,151 1,585,881 1,562,151
Parking - - 766,514 917,674 766,514 917,674
Transit - - 2,474,424 2,898,404 2,474,424 2,898,404
Interest on long-term debt 253,699 222,397 - - 253,699 222,397
Total expenses 44,111,017 50,850,718 15,000,503 18,403,530 59,111,520 69,254,248
Increase (decrease) in net position
before transfers 17,787,436 3,490,542 300,207 (1,595,553) 18,087,643 1,894,989
Transfers (937,208) (1,430,668) 937,208 1,430,668 - -
Increase (decrease) in net position 16,850,228 2,059,874 1,237,415 (164,885) 18,087,643 1,894,989
Net position - November 1 147,787,920 145,728,046 76,235,734 76,400,619 224,023,654 222,128,665
Prior Period Adjustments - - (233,828) - (233,828) -
Net position - November 1, as restated 147,787,920 145,728,046 76,001,906 76,400,619 223,789,826 222,128,665
Net position - October 31 $ 164,638,148 $ 147,787,920 $ 77,239,321 $ 76,235,734 $ 241,877,469 $ 224,023,654
City of Jefferson's Changes in Net Position
Governmental Activities Business-type Activities Total
Governmental activities. Governmental activities increased the City of Jefferson’s net position by $16,850,228 compared to the
increase of $2,059,874 last fiscal year. Key elements of the City of Jefferson’s governmental activities were a decrease in expenses
and transfers of $7,233,161 and an increase of revenue of $7,557,193 from the prior fiscal year. The revenue increase was primarily
due to an increase of $1,495,871 in operating grants and contributions in the governmental activities; an increase of $2,476,222 in
capital grants and contributions in the governmental activities, which was due to the receipt of local grant funds from the Parks
35
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
Foundation for the Bicentennial Bridge projects; an increase of $1,324,103 in sales and other user taxes in the governmental activities;
an increase of $244,895 in property taxes in the governmental activities; a decrease of $58,711 in franchise and utility license taxes in
the governmental activities; and an increase of $1,570,150 in other revenues in the governmental activities.
Business-type activities: Business-type activities increased the City of Jefferson’s net position by $1,003,587 compared to the
decrease of $164,885 last fiscal year. Key elements of this increase are as follows:
Charges for services for business-type activities increased by a total of $93,247 (0.74%). The Wastewater operations activities
charges for services increased from the last fiscal year by $45,393 (0.40%). The Parking operations activities charges for services
decreased by $17,604 (2.02%). The Transit operations activities charges for services increased by $8,393 (6.04%). The Airport
fund charges for services increased by $57,065 (48.40%).
Operating grants and contributions decreased by $454,251 (23.29%).
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
$16,000,000
$18,000,000
General Govt Public Safety Com Dev Parks
Expenses and Program Revenues -
Governmental Activities
Expenses Program Revenues
11.97%
11.34%
10.18%
42.95%
9.32%
10.13%
4.12%
General Revenues by Source -
Governmental Activities
Charges for services Opr grants/contrib Cap grants/contrib
Sales tax Property tax Utility business tax
Misc
36
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
Capital grants and contributions decreased by $700,595 (52.19%) which was due primarily to a decrease in Wastewater’s capital
grants of $676,726; a decrease in Transit’s capital grants of $55,744; and an increase in Airport’s capital grants of $31,875.
Analysis of the Government’s Funds
As noted earlier, the City of Jefferson uses fund accounting to ensure and demonstrate compliance with finance-related legal
requirements.
$‐
$2,000,000.00
$4,000,000.00
$6,000,000.00
$8,000,000.00
$10,000,000.00
$12,000,000.00
$14,000,000.00
Wastewater Transit Airport Parking
Expenses and Program Revenues ‐
Business‐type Activities
Expenses
Program Revenues
82.90%
9.78%
4.19%3.12%
Revenues By Source Business‐Type Activities
Charges for services $12,684,448
Operating grants & contributions $1,496,501
Capital grants & contributions $641,808
Other $477,953
37
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
Governmental funds. The focus of the City of Jefferson’s governmental funds is to provide information on near-term inflows,
outflows, and balances of spendable resources. Such information is useful in assessing the City of Jefferson’s financing requirements.
In particular, the unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the
end of the fiscal year.
As of the end of the current fiscal year, the City of Jefferson’s governmental funds reported combined ending fund balances of
$28,951,067, an increase of $4,642,844 in comparison with the prior fiscal year. The amount available for spending at the
government’s discretion was $8,000,255 since this is the government funds combined unassigned fund balance. The remainder of the
fund balance ($20,950,812) is either nonspendable, restricted, committed, or assigned to indicate that it is not available for new
spending because it has already been committed to a) liquidate contracts and purchase orders of prior period relating to capital
improvement tax projects and grant related expenditures ($3,046,357), b) restrict other capital commitments ($16,629,606), c) restrict
specific donations ($688,435), and d) account for nonspendable inventories and prepaids ($586,414).
The General Fund is the chief operating fund of the City of Jefferson. At the end of the current fiscal year, the unassigned fund
balance of the general fund was $8,000,255 while the total fund balance reached $10,230,722. The unassigned fund balance increased
$1,154,593 from the previous fiscal year. This was due primarily to an increase in sales and other user taxes of $1,324,103; an
increase in property taxes of $262,471; an increase in utility/franchise taxes of $57,711; a decrease in licenses, permits and fees of
$156,483; an increase in intergovernmental of $974,217; an increase in local grants of $3,267,839; an increase in charges for services
of $497,217; and an increase in fine and forfeitures of $46,506, while transfers out decreased by $739,421 due primarily to a decrease
to the Transit Fund of $568,044; and a decrease to the Airport Fund of $171,377.
As a measure of the general fund’s liquidity, it may be useful to compare both the unassigned fund balance and the total fund balance
to total fund expenditures. The unassigned fund balance represents 23.8% of the total general fund expenditures ($33,604,282), while
the total fund balance represents 30.4% of that same amount. In addition, unassigned fund balance represents 23.3% of total general
fund expenditures and transfers out ($34,263,103), while the total fund balance represents 29.9% of that same amount. Transfers
include subsidies to Airport ($79,111) and Transit ($579,710).
The City of Jefferson’s two other major governmental funds are the Parks Fund and the Capital Improvement Tax Fund. As of the
fiscal year-end the fund balance analysis is as follows:
2021 2020 2021 2020
Net changes in fund balances $ 234,782 $ 3,035,091 $ 2,321,513 $ (1,571,724)
Restricted fund balance 7,539,521 3,224,890 9,090,085 5,884,259
Total fund balance 8,427,306 8,192,522 10,108,668 7,787,155
Fund revenues 13,381,900 8,964,313 8,659,178 7,072,941
Fund expenditures 14,132,061 13,464,322 4,459,683 8,612,240
Restricted fund balance
percentage of expenditures 53.4% 24.0%203.8% 68.3%
Total fund balance percentage of
expenditures 59.6% 60.8%226.7% 90.4%
Parks Fund Capital Improvement Tax Fund
The Parks & Recreation Fund accounts for Parks Administration, Ice Arena, Oak Hills Golf Course, Memorial Pool, Ellis Porter
Pool, Parks Maintenance, Recreation Programs, Outdoor Recreation Programs, Camp Programs, and the Linc. Parks revenue
increased $4,417,587 from the previous fiscal year’s revenue and expenditures increased $667,739. The key factors in the increase in
revenue were an increase in sales and other user taxes of $272,598; an increase in intergovernmental of $287,942; an increase in local
grants of $3,267,839; an increase in charges for services of $543,459; a decrease in investment earnings of $38,166; and an increase in
38
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
miscellaneous revenue of $83,915 from the prior fiscal year. The Parks fund balance increased by $234,782. A factor in the increase
of the parks fund balance was an increase in proceeds from the sale of assets in the amount of $919,416 compared to the prior fiscal
year.
The Capital Improvement Tax Fund accounts for sales tax funded capital improvement projects. The Capital Improvement Tax
Fund revenue, including proceeds from sale of assets and transfers, increased from the previous fiscal year by $1,269,726 and
expenditures including transfers decreased by $2,623,511 over the previous fiscal year. The increase in revenue was primarily due to
an increase in sales and other user taxes of $272,684; an increase in intergovernmental of $1,318,578; and a decrease of transfers in of
$316,511 from the previous fiscal year. Capital improvement projects that were reappropriated in fiscal year 2021 from 2020
amounted to $6,107,427 (from uncompleted projects.) The Capital Improvement Tax fund balance increased by $2,321,513.
Proprietary funds. The City of Jefferson’s proprietary funds provide the same type of information found in the government-wide
financial statements, but in more detail. Unrestricted net position of the enterprise funds at the end of the year amounted to
$7,643,365 to reflect the consolidation of the Internal Service Fund related to the enterprise funds in the government-wide financial
statements) as follows:
Unrestricted Net positon:
2021 2020
Airport $ 195,561 $ 375,787
Parking $ 5,226,229 $ 5,123,227
Transit $ 8,799 $ 664,079
Wastewater $ 2,212,776 $ 2,480,780
The total gain in net position was $976,564, compared to last fiscal year’s loss of $36,474 as follows:
Total Growth (Loss) in Net Position:
2021 2020
Airport $ (805,261) $ (787,915)
Parking $ 215,154 $ 94,544
Transit $ (430,930) $ 327,125
Wastewater $ 1,997,601 $ 329,772
There was a prior period adjustment for Transit in the amount of $233,828. Please refer to notes 13 and 14 in the Notes to the
Financial Statements section for additional details.
Other factors concerning the finances of these enterprise funds have already been addressed in the discussion of the City of Jefferson’s
business-type activities.
General Fund Budgetary Highlights
Original budget compared to final budget. During the year original budgeted revenues and other financing sources, and in turn
original budgeted expenditures, were increased by $2,519,213 for grant awards; $18,307 for accepted donations; $76,777 to allow
departments to utilize insurance claim proceeds; $257,761 to utilize proceeds from the sale of assets; $1,599,595 to transfer required
grant matching funds from the Capital Improvement Fund; and $163,800 to utilize funds received from the CARES Act.
39
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
There was also a need to make amendments to reallocate appropriations among departments. Generally, the movement of the
appropriations between departments was not significant.
Final budget compared to actual results. The most significant differences between estimated revenues and actual revenues were as
follow:
Revenue source
Estimated
revenues
Actual
revenues Variance
Sales and other user taxes $ 12,152,196 $ 12,873,237 $ 721,041
Property taxes 5,561,399 5,834,154 272,755
Utility/Franchise taxes 6,825,000 6,271,140 (553,860)
Intergovernmental 6,175,104 4,092,595 (2,082,509)
The reasons for the shortfall in the above revenue sources vary depending on the revenue source.
The utility/franchise taxes were less than estimated due to the fact that the electric and gas utility taxes are driven by weather and the
climate was mild during the fiscal year. The cable utility has been declining over recent years, and while the City has been
conservative in the revenue estimates, the trend has been that more users are switching to streaming services than are utilizing cable
services. The telephone/cell utility tax has also been declining in recent years due to the interpretation by cell providers as to what is
taxable. The City is currently working on analyzing the providers’ interpretation.
Intergovernmental is the classification used to report grant revenues. Most of the grants that the City receives are reimbursable grants,
meaning that City must incur the expenses and then request them for reimbursement. Revenues are budgeted when a grant is accepted,
however revenues are not recognized until the expenditures have been reimbursed. Due to the fact that many grants span multiple
years, it is common for the City to accept a grant in one fiscal year and in turn include the revenue in the budget, but not actually
receive revenue until a subsequent fiscal year.
The sales and other user taxes were more than estimated. While Council estimated a conservative 1.5% increase over the prior years
adopted budget for sales tax because the long term effects of COVID on sales tax were unknown, actual collections were 6.03% higher
than the estimated budget.
The estimated revenues for property taxes were based on historical data because at the time of estimating revenues changes in assessed
valuations of property were not known. Assessed valuations changed after revenue was estimated.
The most significant differences in between estimated expenditures and actual expenditures were as follows:
40
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
Expenditure source
Estimated
expenditures
Actual
expenditures Variance
Entitlement Grant $ 700,989 $ 241,966 $ 459,023
CDBG-CV 413,435 3,000 410,435
Police 11,927,426 11,393,747 533,679
Fire 8,238,691 7,941,021 297,670
Redevelopment & grants 363,637 168,318 195,319
Property maintenance & code enforcement 735,755 518,305 217,450
Capital Projects 3,828,038 410,553 3,417,485
Actual expenditures for the Entitlement Grant, CDBG-CV, and Redevelopment & grants are less than the estimated expenditures due to
the fact that the estimated expenditures are grant related. Budget authority is given when a grant is accepted, however due to the fact
that many grants span multiple years, it is common for the City to accept a grant in one fiscal year and in turn increase estimated
expenditures, but not actual expend the funds until a preceding fiscal year.
Police and Fire actual expenditures are less than the estimated expenditures due to staffing vacancies, some of which are a result of
retirements at higher level positions.
Property Maintenance & Code Enforcement received a supplemental appropriation for numerous demolitions during the fiscal year that
increased the estimated expenditures. They were unable to complete all of the scheduled demos during the fiscal year, so the remaining
funds were reappropriated to fiscal year 2022 and will be spent as the designated demos are completed.
The estimated expenditures for Capital Projects were based on total cost for specific projects, some of which will span multiple years.
Remaining funds were reappropriated to fiscal year 2022 and will be spent on the designated projects as they are completed.
Capital Asset and Debt Administration
Capital Assets. The City of Jefferson’s investment in capital assets for its governmental and business type activities as of October 31,
2021, amounts to $250,371,596 (net of accumulated depreciation). This investment in capital assets includes land, buildings,
improvements, infrastructure (such as streets, sidewalks, street lighting and drainage systems,) machinery and equipment, parks
facilities, airport facilities, parking facilities, transit facilities and wastewater plant and systems.
Major capital asset events during the current fiscal year included the following:
East High Street Improvements in the amount of $2,464,898.
Community Park Renovations in the amount of $3,387,630.
McClung Park Renovations in the amount of $1,338,148.
Washington Park Renovations in the amount of $532,340.
Riverside Park Renovations in the amount of $3,705,129.
41
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
2021 2020 2021 2020 2021 2020
Land $ 16,597,803 $ 15,826,146 $ 5,236,564 $ 5,236,564 $ 21,834,367 $ 21,062,710
Easements 511,913 511,913 67,374 67,374 579,287 579,287
Buildings 19,695,850 20,401,004 53,648,609 55,480,794 73,344,459 75,881,798
Improvements other than buildings 15,380,662 5,608,550 5,821,281 6,619,472 21,201,943 12,228,022
Machinery and equipment 6,739,909 7,646,934 1,561,963 1,409,183 8,301,872 9,056,117
Infrastructure 79,597,949 82,640,496 37,520,516 38,328,346 117,118,465 120,968,842
Construction in progress 7,325,833 10,995,848 665,370 735,089 7,991,203 11,730,937
Total $ 145,849,919 $ 143,630,891 $ 104,521,677 $ 107,876,822 $ 250,371,596 $ 251,507,713
City of Jefferson's Capital Assets
Governmental Activities Business-type Activities Total
(net of depreciation)
Additional information on the City of Jefferson’s capital assets can be found in Note 6 Capital Assets in the Notes to the Financial Statements in the Financial Section of this report.
Long-term debt. At the end of the fiscal year 2021, the City of Jefferson had total debt outstanding of $51,839,271.
Governmental
activities
Business-type
activities Total
Governmental
activities
Business-type
activities Total
Revenue Bonds $ - $ 41,181,600 $ 41,181,600 $- $ 45,500,800 $ 45,500,800
Special Obligation Bonds 6,695,000 - 6,695,000 6,980,000 - 6,980,000
Deferred Amounts 148,602 1,002,739 1,151,341 156,934 1,150,584 1,307,518
Fire Apparatus Lease 2,811,330 - 2,811,330 3,133,466 - 3,133,466
Total $ 9,654,932 $ 42,184,339 $ 51,839,271 $ 10,270,400 $ 46,651,384 $ 56,921,784
2021 2020
City of Jefferson's Outstanding Debt
$42,184,339 was associated with Wastewater Sewerage System Revenue Bonds. During the 2021 fiscal year, the City retired
$4,319,200 in Wastewater Sewerage System Revenue Bond principal payments.
$6,843,602 was associated with Parks System Special Obligation Bonds. During the 2021 fiscal year, the Parks System retired
$285,000 in Parks System Special Obligation Bond principal payments.
$2,811,330 was associated with the lease for fire apparatus. This lease was entered into during the 2017 fiscal year with total principal
42
City of Jefferson, Missouri
Management’s Discussion and Analysis
For the Year Ended October 31, 2021
(unaudited)
in the amount of $5,037,541 and the City of Jefferson made $322,136 in principal payments during the 2021 fiscal year.
The City of Jefferson’s total debt decreased during fiscal year 2021 by $5,082,513 due to the key factors stated above. Additional
information on the City of Jefferson’s long-term debt can be found in Note 7 Long-Term Debt in the Notes to the Financial Statements
in the Financial Section of this report.
Economic Factors and Next Year’s Budgets
The following economic factors currently affect the City of Jefferson and were considered when developing the 2021-2022 fiscal year
budget. The City consistently ranks as one of the lower unemployment areas in the state. The local unemployment rate at fiscal year-end
October 31, 2021 was 2.4% compared to 3.0% October 31, 2020. This compares favorably to the state’s average unemployment rate
of 2.8% and the national average of 4.3%. Minimal, if any, expected increases in property tax. No new revenue sources were identified. Sales tax revenue was budgeted with a 2.5% increase over the FY2021 adopted budget. The budget for the Department of Parks and Recreation included debt service payments for bond issuance.
Requests for Information
This financial report is designed to provide a general overview of the City of Jefferson’s finances for all those with an interest in the
government’s finances. Questions concerning any of the information should be addressed to the Office of the Finance Director, City of
Jefferson, 320 E. McCarty Street, Jefferson City, MO 65101.
43
BASIC FINANCIAL STATEMENTS
44
A-1
12/31/2020
Component Unit
Governmental Business-Type JC Convention &
Activities Activities Total Visitors Bureau
ASSETS
Cash and cash equivalents $ 30,597,666 $ 12,251,106 $ 42,848,772 $ 7,600,189
Receivables, net of uncollectibles:
Taxes and franchise fees 11,050,486 - 11,050,486 -
Accounts 305,922 1,126,072 1,431,994 -
Intergovernmental receivable 1,008,592 651,569 1,660,161 -
Grant receivable-non governmental 272,299 - 272,299 -
Due from primary government - - - 123,063
Internal balances 230,960 (230,960) - -
Prepaids 333,731 77,792 411,523 3,500
Inventories 252,683 - 252,683 20,751
Restricted assets:
Cash and cash equivalents 254,547 1,214,645 1,469,192 -
Accrued interest - 94,241 94,241 -
Investments 197,589 - 197,589 -
Net pension asset 16,966,168 6,030,408 22,996,576 -
Capital assets:
Land and construction in progress 24,435,549 5,969,308 30,404,857 -
Other capital assets, net of depreciation 121,414,370 98,552,369 219,966,739 89,893
Total assets 207,320,562 125,736,550 333,057,112 7,837,396
DEFERRED OUTFLOWS OF RESOURCES
Deferred outflows related to pensions 5,033,347 362,609 5,395,956 -
Deferred outflows related to OPEB 373,561 73,939 447,500 -
Deferred outflows related to advanced refunding - 2,702 2,702 -
Total deferred outflows of resources 5,406,908 439,250 5,846,158 -
LIABILITIES AND NET POSITION
Accounts payable 2,696,862 680,398 3,377,260 11,386
Retainage payable 233,793 189 233,982 -
Accrued liabilities 1,251,700 186,233 1,437,933 -
Deposits 76,134 1,060 77,194 -
Unearned revenue - 148,108 148,108 -
Liabilities payable from restricted assets:
Accounts payable - 83,686 83,686 -
Retainage payable - 14,825 14,825 -
Accrued interest payable - 384,452 384,452 -
Deposits - 444,635 444,635 -
Due to component unit 255,000 - 255,000 -
Noncurrent Liabilities:
Payable from restricted assets:
Due within one year - 1,484,000 1,484,000 -
Due within one year 1,005,171 3,054,084 4,059,255 -
Due in more than one year 13,605,181 38,459,768 52,064,949 -
Total liabilities 19,123,841 44,941,438 64,065,279 11,386
DEFERRED INFLOWS OF RESOURCES
Deferred inflows related to pensions 22,985,631 3,927,631 26,913,262 -
Deferred inflows related to OPEB 340,570 67,410 407,980 -
Deferred revenue - property taxes 5,639,280 - 5,639,280 -
Total deferred inflows of resources 28,965,481 3,995,041 32,960,522 -
NET POSITION
Net investment in capital assets 136,447,123 62,564,955 199,012,078 89,893
Restricted for:
Parks 7,539,521 - 7,539,521 -
Revenue bond debt service requirements - 1,836,432 1,836,432 -
Bond renewal and replacement requirements - 500,000 500,000 -
Pensions/OPEB - 2,126,010 2,126,010 -
Capital projects 9,090,085 2,750,854 11,840,939 6,515,941
Public safety 502,250 - 502,250 -
Community development 2,881 - 2,881 -
Statutory obligations 200,000 - 200,000 -
Unrestricted 10,856,288 7,461,070 18,317,358 1,220,176
Total Net Position $ 164,638,148 $77,239,321 $ 241,877,469 $7,826,010
The notes to the financial statements are an integral part of this statement.
CITY OF JEFFERSON, MISSOURI
Statement of Net Position
October 31, 2021
Primary Government
45
B-1Operating CapitalComponent UnitCharges for Grants and Grants and Governmental Business-Type JC Convention &Functions/ProgramsExpensesServicesContributionsContributionsActivitiesActivitiesTotalVisitors BureauPrimary government:Governmental activities: General government$ 7,367,653 $ 2,212,187 $ 3,713,986 $2,653 $(1,438,827) $- $ (1,438,827) $- Public safety16,262,844 1,070,177 709,181 61,682 (14,421,804) - (14,421,804) - Community development 14,609,472 1,075,804 2,593,476 2,891,552 (8,048,640) - (8,048,640) - Cultural and recreation5,617,349 3,048,389 - 3,345,904 776,944 - 776,944 - Interest on long-term debt253,699 - - - (253,699) - (253,699) - Total governmental activities44,111,017 7,406,557 7,016,643 6,301,791 (23,386,026) - (23,386,026) - Business-type activities: Wastewater10,173,684 11,506,334 - 412,011 - 1,744,661 1,744,661 - Airport1,585,881 174,977 21,549 229,797 - (1,159,558) (1,159,558) - Parking766,514 855,781 - - - 89,267 89,267 - Transit2,474,424 147,356 1,474,952 - - (852,116) (852,116) - Total business-type activities15,000,503 12,684,448 1,496,501 641,808 - (177,746) (177,746) - Total primary government $ 59,111,520 $ 20,091,005 $ 8,513,144 $ 6,943,599 (23,386,026) (177,746) (23,563,772) - Component unit (12/31/20):JC Convention & Visitors Bureau $ 1,185,490 $ 352,694 $ 1,218,807 386,011 General revenues: Taxes Sales and other user taxes26,584,704 - 26,584,704 - Property taxes5,767,561 - 5,767,561 - Franchise and utility license taxes6,272,140 - 6,272,140 - Investment earnings477,584 191,893 669,477 53,440 Miscellaneous 722,228 186,247 908,475 28,472 Gain (loss) on sale of capital assets 1,349,245 99,813 1,449,058 (3,525) Transfers(937,208) 937,208 - - Total general revenues and transfers40,236,254 1,415,161 41,651,415 78,387 Change in net position16,850,228 1,237,415 18,087,643 464,398 Net position-beginning147,787,920 76,235,734 224,023,654 7,361,612 Prior period adjustment- (233,828) (233,828) - Net position--beginning, as restated147,787,920 76,001,906 223,789,826 7,361,612 Net position-ending$ 164,638,148 $ 77,239,321 $ 241,877,469 $ 7,826,010 The notes to the financial statements are an integral part of this statement. Primary GovernmentCITY OF JEFFERSON, MISSOURIStatement of ActivitiesFor the Year Ended October 31, 2021Net (Expense) Revenue andProgram RevenuesChanges in Net Position46
C-1
Total
Capital Governmental
General Parks Improvement Tax (See H-1) Funds
ASSETS
Current assets:
Cash and cash equivalents $ 11,556,057 $ 8,036,015 $ 10,406,834 $ 295,108 $ 30,294,014
Receivables (net of allowance
for uncollectibles):
Taxes and franchise fees 8,759,472 1,073,839 1,073,839 143,336 11,050,486
Accounts 113,026 26,221 - - 139,247
Due from other funds 137,903 - - - 137,903
Receivables from other governments 588,504 64,516 - - 653,020
Grant receivable-non governmental 8,700 263,599 - - 272,299
Prepaids 300,594 33,137 - - 333,731
Inventories 251,616 - - 1,067 252,683
Current restricted assets:
Cash and cash equivalents - 252,136 - - 252,136
Total assets $ 21,715,872 $ 9,749,463 $ 11,480,673 $ 439,511 $ 43,385,519
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ 280,606 $ 901,642 $ 1,343,760 $ 255,140 $ 2,781,148
Retainage payable 17,378 188,170 28,245 - 233,793
Accrued liabilities 1,110,005 141,695 - - 1,251,700
Deposits payable 50,000 26,134 - - 76,134
Unearned revenue 4,095,096 64,516 - - 4,159,612
Total liabilities 5,553,085 1,322,157 1,372,005 255,140 8,502,387
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes 5,669,368 - - - 5,669,368
Unavailable revenue - surtax 262,697 - - - 262,697
Total deferred inflows of resources 5,932,065 - - - 5,932,065
FUND BALANCES
Nonspendable:
Inventories 251,616 - - 1,067 252,683
Prepaids 300,594 33,137 - - 333,731
Restricted:
Parks - 6,993,079 - - 6,993,079
Capital projects - - 9,090,085 - 9,090,085
Police - drug forfeiture 234,411 - - - 234,411
Police - evidence funds 131,236 - - - 131,236
Police - animal shelter 109,045 - - - 109,045
Police - community projects 27,558 - - - 27,558
Police training - - - 44,196 44,196
Lodging Tax - - - 49,911 49,911
JC Veterans Plaza - - - 5,529 5,529
City Hall Art - - - 20,744 20,744
USS Jefferson City Submarine - - - 14,322 14,322
Woodland Cemetery - - - 27,602 27,602
Sidewalk waiver 2,560 - - - 2,560
Cemetery restoration 321 - - - 321
Committed:
Fire Station #4 renovations - - 191,533 - 191,533
Fire washer/extractor 8,481 - - - 8,481
Fire locker 11,700 - - - 11,700
Demolition 188,605 - - - 188,605
Police vehicles - - 5,933 - 5,933
Police ammunition 31,463 - - - 31,463
Animal Control vehicles 25,523 - - - 25,523
Housing needs assessment 31,500 - - - 31,500
City Hall window cleaning 2,519 - - - 2,519
Hyde Park roof replacement 82,417 - - - 82,417
Website development - JC Parks - 3,925 - 3,925
Washington Park improvements - - 5,333 - 5,333
MSP Parkway project - - 21,760 - 21,760
High Street Viaduct - - 19,500 - 19,500
Airport airfield lighting fixtures - - 12,272 - 12,272
Airport emergency lighting repair - - 11,094 - 11,094
Airport apron maintenance project - - 44,983 - 44,983
Transit facilities feasibility study - - 2,000 - 2,000
Enterprise CAD upgrade - - 33,759 - 33,759
PD information systems upgrade - - 1,500 - 1,500
PD flooring replacement - - 45,350 - 45,350
Street seal coat project - - 3,193 - 3,193
Pipe lining - - 389,631 - 389,631
Dunklin St bridge project - 6,373 - - 6,373
Riverside Park improvements - 427,226 - - 427,226
PressurePave cooperative - - 1,862 - 1,862
ITS hardware - - 7,224 - 7,224
ITS software - - 15,356 - 15,356
Bicentennial Bridge project - 421,049 202,375 - 623,424
Assigned:
Subsequent year's budget: appropriation of fund balance 790,918 546,442 - 21,000 1,358,360
Unassigned:8,000,255 - - - 8,000,255
Total fund balances 10,230,722 8,427,306 10,108,668 184,371 28,951,067
Total liabilities, deferred inflows of resources, and fund balances $ 21,715,872 $ 9,749,463 $ 11,480,673 $439,511 $ 43,385,519
The notes to the financial statements are an integral part of this statement.
CITY OF JEFFERSON, MISSOURI
Balance Sheet
Governmental Funds
October 31, 2021
Governmental Funds
Total
Nonmajor
47
Total fund balance - total governmental funds (from C-1)$ 28,951,067
Amounts reported for governmental activities in the statement of net position
are different because:
Capital assets used in governmental activities are not financial resources and 145,849,919
therefore are not reported in the funds.
Certain assets are not reported in this fund financial statement because they are not
available to pay current-period expenditures and are unavailable revenue in the funds.4,452,397
Long-term liabilities are not due and payable in the current period and
therefore are not reported in the funds:
Compensated absences (2,751,181)
Long-term debt (9,654,932)
The net pension assets (liabilities) reported in governmental activities is not a financial resource 16,966,168
and therefore are not reported in the funds.
The net OPEB liabilities reported in governmental activities is not a financial resource (1,747,607)
and therefore are not reported in the funds.
Certain deferred outflows and inflows of resources represent a consumption or
acquisition of net position in a future period and therefore are not reported in the funds.
Pension related outflows - LAGERS 5,033,347
Pension related inflows - LAGERS (22,985,631)
OPEB related outflows 373,561
OPEB related inflows (340,570)
Internal service funds are used by management to charge the costs of workers
compensation and self-funded health insurance. The assets and liabilities of the
internal service funds are included in governmental activities in the statement of net
position ($309,315 plus $182,295 allocation to business-type)491,610
Net position of governmental activities $ 164,638,148
The notes to the financial statements are an integral part of this statement.
to the Statement of Net Position
October 31, 2021
CITY OF JEFFERSON, MISSOURI
Reconciliation of the Balance Sheet
of Governmental Funds
48
C-3Total Nonmajor Governmental TotalCapitalFundsGovernmentalGeneralParksImprovement Tax (See H-2)FundsREVENUES Sales and other user taxes$ 12,873,237 $ 6,231,173 $ 6,231,172 $ 1,249,122 $ 26,584,704 Property taxes5,834,154 - - - 5,834,154 Utility/Franchise taxes6,271,140 - - - 6,271,140 Licenses, permits and fees1,035,569 - - - 1,035,569 Intergovernmental4,092,595 337,055 2,285,115 - 6,714,765 Local grants- 3,345,904 - - 3,345,904 Charges for services2,837,493 3,048,389 - - 5,885,882 Fines and forfeitures478,719 - - 6,386 485,105 Investment earnings192,076 133,223 142,891 4,950 473,140 Contributions386,265 - - 2,653 388,918 Miscellaneous436,076 286,156 - - 722,232 Total revenues 34,437,324 13,381,900 8,659,178 1,263,111 57,741,513 EXPENDITURESCurrent: General government 5,274,087 13,164 13,164 1,256,103 6,556,518 Public safety18,688,025 - - - 18,688,025 Community development 8,571,874 - - - 8,571,874 Cultural and recreation- 7,657,219 - - 7,657,219 Capital outlay1,070,296 5,992,510 4,046,519 58,580 11,167,905 Debt service: Principal, notes and leases- 285,000 322,136 - 607,136 Interest- 184,168 77,864 - 262,032 Total expenditures33,604,282 14,132,061 4,459,683 1,314,683 53,510,709 Excess (deficiency) of revenues over expenditures833,042 (750,161) 4,199,495 (51,572) 4,230,804 OTHER FINANCING SOURCES (USES)Proceeds from sale of assets364,302 984,943 - - 1,349,245 Transfers in1,623,458 - - - 1,623,458 Transfers out(658,821) - (1,877,982) (23,863) (2,560,666) Total other financing sources and uses1,328,939 984,943 (1,877,982) (23,863) 412,037 Net change in fund balances2,161,981 234,782 2,321,513 (75,435) 4,642,841 Fund balances-beginning8,068,741 8,192,524 7,787,155 259,806 24,308,226 Fund balances-ending$ 10,230,722 $ 8,427,306 $ 10,108,668 $ 184,371 $ 28,951,067 The notes to the financial statements are an integral part of this statement.CITY OF JEFFERSON, MISSOURIStatement of Revenues, Expenditures, and Changes in Fund BalancesGovernmental FundsFor the Year Ended October 31, 202149
Net change in fund balances - total governmental funds (from C-3)$ 4,642,841
Amounts reported for governmental activities in the statement of activities (B-1)
are different because:
Governmental funds report capital outlays as expenditures. However, in the 2,263,999
statement of activities the cost of those assets is allocated over their estimated
useful lives and reported as depreciation expense. This is the amount by
which capital outlays exceeded depreciation in the current period.
Revenues in the statement of activities that do not provide current financial
resources are not reported as revenues in the funds.2,803,253
The net effect of various miscellaneous transactions involving capital assets
(i.e., sales, trade-ins, donations) is to increase net position.(44,969)
The issuance of long-term debt (e.g., leases) provides current financial
resources to governmental funds, while the repayment of the principal of long-term
debt consumes the current financial resources of governmental funds. Neither
transaction, however, has any effect on net position. Also, governmental funds
report the effect of issuance costs, premiums, discounts, and similar items when
debt is first issued, whereas these amounts are deferred and amortized in the
statement of activities. This amount is the net effect of these differences in the
treatment of long-term debt and related items:
Lease payments 322,136
Bond payments 293,333
Some expenses reported in the statement of activities do not require the use
of current financial resources and therefore are not reported as
expenditures in governmental funds.
Compensated absences (16,870)
Pension related amounts, pension expense - LAGERS 6,459,950
OPEB related amounts, OPEB expense (52,892)
An Internal Service Fund is used by management to charge the costs of
workers compensation and self-funded health insurance. The net revenue
(expense) $206,468 of the internal service funds is reported with governmental
activities in the amount of $179,447 with the balance $27,023 allocated to the
business activities. 179,447
Change in net position of governmental activities $ 16,850,228
The notes to the financial statements are an integral part of this statement.
CITY OF JEFFERSON, MISSOURI
Reconciliation of the Statement of Revenues,
of Governmental Funds
For the Year Ended October 31, 2021
Expenditures, and Changes in Fund Balances
to the Statement of Activities
50
D-1
Governmental
Nonmajor Activities
Enterprise Funds Total Internal Service Funds
Wastewater Transit (See H-3) Enterprise Funds (See H-6)
ASSETS:
Current assets:
Cash and cash equivalents $ 6,777,720 $ 631 $ 5,472,755 $ 12,251,106 $ 303,653
Receivables (net of allowance for uncollectibles):
Accounts 1,065,625 18,364 42,083 1,126,072 300,397
Receivables from other governments 499 575,338 75,732 651,569 355,572
Prepaid items 40,166 30,650 6,976 77,792 -
Current restricted assets:
Cash and cash equivalents 714,645 - - 714,645 2,411
Accrued interest 94,241 - - 94,241 -
Total current assets 8,692,896 624,983 5,597,546 14,915,425 962,033
Noncurrent assets:
Restricted assets:
Cash and cash equivalents 500,000 - - 500,000 -
Investments - - - - 197,589
Net pension asset 3,070,279 1,903,184 1,056,945 6,030,408 -
Capital assets:
Land 942,043 149,511 4,212,384 5,303,938 -
Distribution and collection systems 73,914,684 - - 73,914,684 -
Improvements other than buildings - 269,469 14,025,389 14,294,858 -
Buildings and equipment 80,199,658 6,020,548 6,532,695 92,752,901 -
Construction in progress 665,370 - - 665,370 -
Less accumulated depreciation (62,114,746) (5,798,516) (14,496,812) (82,410,074) -
Total noncurrent assets 97,177,288 2,544,196 11,330,601 111,052,085 197,589
Total assets 105,870,184 3,169,179 16,928,147 125,967,510 1,159,622
DEFERRED OUTFLOWS OF RESOURCES:
Deferred outflows related to pensions 235,424 99,776 27,409 362,609 -
Deferred outflows related to OPEB 36,728 26,096 11,115 73,939 -
Deferred outflows related to an advance refunding 2,702 - - 2,702 -
Total deferred outflows of resources 274,854 125,872 38,524 439,250 -
LIABILITIES:
Current liabilities:
Accounts payable 355,342 298,337 26,719 680,398 -
Retainage payable - - 189 189 -
Accrued liabilities 99,558 63,355 23,320 186,233 -
Deposits - - 1,060 1,060 -
Due to other funds - 48,665 - 48,665 89,239
Compensated absences 25,688 9,288 7,108 42,084 -
Claims and judgments - - - - 436,860
Unearned revenue - 102,625 45,483 148,108 -
Revenue bonds payable-current 3,012,000 - - 3,012,000 -
Current liabilities payable from
restricted assets:
Accounts payable 83,686 - - 83,686 -
Retainage payable 14,825 - - 14,825 -
Accrued interest payable 384,452 - - 384,452 -
Deposits 444,635 - - 444,635 -
Revenue bonds payable-current 1,484,000 - - 1,484,000 -
Total current liabilities 5,904,186 522,270 103,879 6,530,335 526,099
Noncurrent liabilities:
Compensated absences 259,734 93,915 71,876 425,525 -
Total OPEB liability 171,822 122,084 51,998 345,904 -
Claims and judgments - - - - 324,208
Revenue bonds payable (net of unamortized discounts,
premiums and deferred amount of refunding) 37,688,339 - - 37,688,339 -
Total noncurrent liabilities 38,119,895 215,999 123,874 38,459,768 324,208
Total liabilities 44,024,081 738,269 227,753 44,990,103 850,307
DEFERRED INFLOWS OF RESOURCES:
Deferred inflows related to pensions 1,991,905 1,259,283 676,443 3,927,631 -
Deferred inflows related to OPEB 33,484 23,792 10,134 67,410 -
Total deferred inflows of resources 2,025,389 1,283,075 686,577 3,995,041 -
NET POSITION:
Net investment in capital assets 51,650,286 641,012 10,273,657 62,564,955 -
Restricted for:
Pensions/OPEB 1,145,220 623,896 356,894 2,126,010 -
Statutory Obligations - - - - 200,000
Bond debt service 1,836,432 - - 1,836,432 -
Bond renewal and replacement 500,000 - - 500,000 -
Capital projects 2,750,854 - - 2,750,854 -
Unrestricted 2,212,776 8,799 5,421,790 7,643,365 109,315
Total net position $ 60,095,568 $ 1,273,707 $ 16,052,341 $ 77,421,616 $309,315
Current Year adjustment to reflect the consolidation of internal service fund activities to enterprise funds.(182,295)
Net position of business-type activities (A-1) $ 77,239,321
The notes to the financial statements are an integral part of this statement.
Business-type Activities
CITY OF JEFFERSON, MISSOURI
Statement of Net Position
Proprietary Funds
October 31, 2021
51
D-2
Governmental
Nonmajor Activities
Enterprise Funds Total
Wastewater Transit (See H-4) Enterprise Funds (See H-7)
Operating Revenues:
Charges for services $ - $ 147,356 $ 1,030,758 $ 1,178,114 $ -
Charges for services pledged as security
for revenue bonds:
Sewer 11,506,334 - - 11,506,334 -
Miscellaneous 94,058 49,193 42,996 186,247 82,513
Premiums - - - - 5,707,792
Total operating revenues 11,600,392 196,549 1,073,754 12,870,695 5,790,305
Operating Expenses:
Personnel services 2,050,351 1,282,782 480,612 3,813,745 -
Contractual services 1,381,638 315,840 336,186 2,033,664 223,158
Claims expense 7,941 5,000 - 12,941 5,711,454
Material and supplies 576,818 236,859 34,360 848,037 -
Repairs and maintenance 653,971 401,168 179,629 1,234,768 -
Utilities 531,609 23,894 32,335 587,838 -
Depreciation 3,937,110 150,191 1,014,940 5,102,241 -
Other operating 119,711 69,118 278,299 467,128 9,240
Total operating expenses 9,259,149 2,484,852 2,356,361 14,100,362 5,943,852
Operating income (loss) 2,341,243 (2,288,303) (1,282,607) (1,229,667) (153,547)
Nonoperating revenue (expenses):
Intergovernmental - 1,474,952 21,549 1,496,501 355,572
Interest and investment revenue 90,210 4,784 96,899 191,893 4,443
Interest expense and fees (927,163) - - (927,163) -
Gain/(Loss) on sale of capital assets 81,300 - 18,513 99,813 -
Total nonoperating revenues (expenses)(755,653) 1,479,736 136,961 861,044 360,015
Income (loss) before capital contributions and transfers 1,585,590 (808,567) (1,145,646) (368,623) 206,468
Capital contributions 412,011 - 229,797 641,808 -
Transfers in - 611,465 325,742 937,207 -
Change in net position 1,997,601 (197,102) (590,107) 1,210,392 206,468
Net position-beginning 58,097,967 1,704,637 16,642,448 102,847
Prior period adjustment - (233,828) - -
Total net position-beginning, as restated 58,097,967 1,470,809 16,642,448 102,847
Net position-ending $ 60,095,568 $ 1,273,707 $ 16,052,341 $309,315
Amounts reported for business-type activities in the statement of activities
are different because:
Current Year adjustment to reflect the consolidation of Internal Service Funds 27,023
related to Enterprise Funds
Change in net position - business-type activities (B-1)$ 1,237,415
The notes to the financial statements are an integral part of this statement.
Internal Service Funds
Business-type Activities
CITY OF JEFFERSON, MISSOURI
Statement of Revenues, Expenses, and Changes in Net Position
Proprietary Funds
For the Year Ended October 31, 2021
52
D-3
Enterprise Funds
CASH FLOWS FROM OPERATING ACTIVITIES
Services provided to other funds $ - $ - $ - $ - $ 5,820,854
Receipts from customers 11,753,289 296,353 1,061,201 13,110,843 -
Payments to suppliers (2,619,722) (210,295) (641,063) (3,471,080) (459,771)
Payments to employees (2,583,041) (1,574,856) (665,466) (4,823,363) -
Payments to other funds for services provided (841,594) (560,447) (253,350) (1,655,391) -
Claims paid (7,941) (5,000) - (12,941) (5,636,065)
Other receipts (payments) - - - - 89,239
Net cash provided (used) by operating activities 5,700,991 (2,054,245) (498,678) 3,148,068 (185,743)
CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES
Operating subsidies and transfers from other funds - 611,465 325,742 937,207 -
Operating subsidies from other governments 2,502 991,934 161,529 1,155,965 -
Net cash provided by noncapital
financing activities 2,502 1,603,399 487,271 2,093,172 -
CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES
Capital grants - - 229,797 229,797 -
Capital recovery contributions 412,011 - - 412,011 -
Purchases of capital assets (1,407,551) (23,913) (315,631) (1,747,095) -
Sale of assets 81,300 - 18,513 99,813 -
Principal paid on capital debt (4,319,200) - - (4,319,200) -
Interest/fees paid on capital debt (1,128,492) - - (1,128,492) -
Net cash provided (used) by capital and
related financing activities (6,361,932) (23,913) (67,321) (6,453,166) -
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales and maturities of investments 641,173 - - 641,173 200,000
Purchase of investments - - - - (202,045)
Interest and dividends 120,191 4,783 96,900 221,874 8,899
Net cash provided by investing activities 761,364 4,783 96,900 863,047 6,854
Net increase (decrease) in cash and cash equivalents 102,925 (469,976) 18,172 (348,879) (178,889)
Balances-beginning of the year 7,889,440 470,607 5,454,583 13,814,630 484,953 Balances-end of the year $ 7,992,365 $631 $ 5,472,755 $ 13,465,751 $306,064
Reconciliation of operating income (loss) to net
cash provided (used) by operating activities:
Operating income (loss)$ 2,341,243 (2,288,303) $ (1,282,607) $ (1,229,667) $(153,547)
Adjustments to reconcile operating income to net cash
provided (used) by operating activities:
Depreciation expense 3,937,110 150,191 1,014,940 5,102,241 -
Change in assets, deferred outflows, deferred inflows, and liabilities:
Receivables, net 118,478 (2,821) (13,162) 102,495 30,549
Prepaid items (2,511) (1,916) (437) (4,864) -
Deferred outflows 331,387 210,935 113,142 655,464 -
Accounts and other payables (2,993,220) (1,381,165) (997,258) (5,371,643) (62,745)
Deferred inflows 1,968,504 1,258,834 666,704 3,894,042 -
Net cash provided (used) by operating activities $ 5,700,991 $ (2,054,245) $ (498,678) $ 3,148,068 $(185,743)
Contributions of capital assets from developers $352,085 $- $- $352,085 $-
The notes to the financial statements are an integral part of this statement.
CITY OF JEFFERSON, MISSOURI
(See H-8)
Statement of Cash Flows
Proprietary Funds
For the Year Ended October 31, 2021
Transit
Nonmajor
Total
Noncash Investing Activities
Governmental
Activities
Business-type Activities
Wastewater (See H-5)Enterprise Funds
Internal Service Funds
53
E-1
Custodial
Fund
ASSETS:
Cash and cash equivalents $ 4,782
Receivables (net of allowance
for uncollectibles):
Accounts 2,435
Total assets 7,217
LIABILITIES:
Due to other entities 2,435
Total liabilities 2,435
NET POSITION:
Restricted for:
Developers 4,782
Total net position $ 4,782
CITY OF JEFFERSON, MISSOURI
Statement of Fiduciary Net Position
Fiduciary Funds
October 31, 2021
54
E-2
Custodial
Fund
ADDITIONS:
Tax collections for developers $220,867
Total additions 220,867
DEDUCTIONS:
Payment of taxes to developers 195,555
Administrative expense 20,530
Total deductions 216,085
Net increase (decrease) in fiduciary net position 4,782
Net position - beginning -
Net position - ending $4,782
CITY OF JEFFERSON, MISSOURI
Statement of Changes in Fiduciary Net Position
For the Year Ended October 31, 2022
Fiduciary Funds
55
NOTES TO THE FINANCIAL STATEMENTS
The Notes to the Financial Statements include a summary of accounting policies
followed and information used by the City that are judged to be most appropriate
for full disclosure in the preparation of the financial statements.
56
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the City of Jefferson, Missouri (the City) have been prepared in conformity with accounting principles
generally accepted in the United States of America (GAAP) as applied to government units. The Governmental Accounting Standards
Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The
more significant of the government's accounting policies are described below.
A. Reporting Entity
The City of Jefferson is a municipal corporation governed by an elected mayor and ten-member council. The accompanying financial
statements present the government and its component units, entities for which the government is considered to be financially
accountable. In evaluating how to define the government for financial reporting purposes, management has considered all potential
component units. The decision to include a potential component unit in the reporting entity was made by applying the criteria set forth
in GAAP. The City's relationship to other legally separate organizations has been examined to determine if their inclusion in the
City's financial statements is necessary to fairly present the financial position of the City. The criteria used in this determination
included an examination of the nature and significance of the organization's relationship with the City, financial benefit or burden to
the City, the ability of the City Council to appoint members of the entity's governing board, and the level of influence the City has
over the activities of the organization. Based upon the application of these criteria, the following is a brief review of each potential
component unit addressed in defining the City's reporting entity.
Included within the reporting entity:
Jefferson City Convention & Visitors Bureau Inc.
The Jefferson City Convention and Visitors Bureau (JCCVB) Financial Statement (for fiscal year ended December 31, 2020) is
included as a discretely presented component unit because it is a legally separate non-profit organization and in excess of 60%
of the organizations total revenue is provided by the City from a 7% lodging tax assessed by the City of Jefferson. Additionally,
the City approves their annual operating budget and appoints their governing board.
A separate audited financial report of JCCVB is publicly available by written request from the Jefferson City Convention and
Visitors Bureau Inc., 700 E. Capitol Avenue, Jefferson City, MO 65101.
Excluded from the reporting entity:
● Jefferson City Public School District
● City of Jefferson Housing Authority
● City of Jefferson Industrial Development Authority
● Missouri River Regional Library System
B. Government-wide and Fund Financial Statements
The government-wide financial statements (i.e., the statement of net position and the statement of changes in net position) report
information on all of the nonfiduciary activities of the primary government and its component units. For the most part, the effect of
interfund activity has been removed from the statements. Exceptions to this general rule are administrative chargebacks and Central
Maintenance chargebacks. Elimination of these charges would distort the direct costs and program revenues reported for the various
functions concerned. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported
separately from business-type activities, which rely to a significant extent on fees and charges for support. Likewise, the primary
government is reported separately from certain legally separate component units for which the primary government is financially
accountable.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program
revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Indirect expense allocations are
included as part of program expenses in the statement of activities. Program revenues include 1) charges to customers or applicants
who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment and 2) grants and
contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Taxes and other
items not properly included among program revenues are reported instead as general revenues.
Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds, even though the latter is
57
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
excluded from the government-wide financial statements. Major individual governmental funds and major individual enterprise
funds are reported as separate columns in the fund financial statements.
C. Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of
accounting, as are the proprietary fund and fiduciary fund financial statements. Revenues are recorded when earned and expenses are
recorded when a liability is incurred, regardless of the timing of cash flows. Property taxes are recognized as revenue in the year for
which they are budgeted rather than the year they are levied. Grants and similar items are recognized as revenue as soon as all
eligibility requirements imposed by the provider have been met.
Governmental fund financial statements are reported using the current financial resources measurement focus and the modified
accrual basis of accounting. Under the modified accrual basis of accounting revenues are recognized when susceptible to accrual
(i.e., when they are "measurable and available"). "Measurable" means the amount of the transaction can be determined and "available"
means collectible within the current period or soon enough thereafter to pay liabilities of the current period. The City considers all
revenues available if they are collected within 60 days after year end except those described below. Expenditures are recorded when
the related fund liability is incurred, except for unmatured interest on general long-term debt which is recognized when due, and
certain compensated absences and claims and judgments which are recognized when the obligations are expected to be liquidated with
expendable available financial resources.
Property taxes, sales taxes, franchise taxes, other taxes, licenses, grants, interest and special assessments are susceptible to accrual.
Other receipts and taxes become measurable and available when cash is received by the City and are recognized as revenue at that
time.
The City reports the following major governmental funds:
The general fund is the City's primary operating fund. It accounts for all financial resources of the general government, except
those required to be accounted for in another fund.
The parks fund, a special revenue fund, accounts for revenue sources from the operations of Parks and Recreation and sales
taxes specifically designated for Parks and Recreation that are legally restricted to expenditures for specific purposes including
major capital projects.
The capital improvement tax fund accounts for the acquisition of capital assets or construction of major capital projects not being
financed by other funds.
The City reports the following major proprietary funds:
The wastewater fund accounts for the activities of the sewage treatment plant, sewage pumping and collection systems.
The transit fund accounts for the operations of bus fixed route and handicap public transit.
Additionally, the City reports the following fund types:
The internal service fund account for operations that provide self-insured worker’s compensation/risk management services and
self-funded health insurance to all operating funds of the City.
The fiduciary fund type, is a custodial fund, which is a clearing account for tax increment financing.
As a general rule the effect of interfund activity has been eliminated from the government-wide financial statements. Exceptions to
this general rule are direct costs and program revenues reported for the various functions concerned, which would be distorted if
eliminated.
Amounts reported as program revenues include 1) charges to customers or applicants for goods, services, or privileges provided, 2)
operating grants and contributions, and 3) capital grants and contributions. Internally dedicated resources are reported as general
revenues rather than as program revenues. Likewise, general revenues include all taxes. However, taxes imposed by the State of
Missouri and Cole County and distributed to the City, such as gasoline, motor vehicle increase, and road and bridge taxes are included
58
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
in operating and capital grants and contributions on the government-wide statements.
Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally
result from providing services in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues
of the Wastewater, Airport, Parking, and Transit enterprise funds, and of the government’s internal service funds are charges to
customers for sales and services. The Wastewater fund also recognizes as operating revenue the portion of sewer connection fees
intended to recover the costs of connecting new customers to the system. Operating expenses for enterprise funds and the internal
service funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and
expenses not meeting this definition are reported as nonoperating revenues and expenses.
When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first,
then unrestricted resources as they are needed.
D. Assets, Liabilities and Net Position or Equity
Deposits and Investments
The City’s cash and cash equivalents are considered to be cash on hand, demand deposits, amounts invested in overnight repurchase
agreements, mutual funds, and investments with a maturity date of 90 days or less.
Cash resources of all city individual funds are combined to form a pool which is invested in overnight repurchase agreements which
are carried at cost, which approximates fair value.
State law and the City’s investment policy allow the Finance Director to invest in U.S. Treasury obligations, U.S. Government Agency
securities and instrumentalities of government sponsored corporations, certificates of deposit, repurchase agreements, demand deposit
accounts (DDAs), negotiable order of withdrawal (NOW) accounts, Missouri local government investment pools and full faith and
credit obligations of the United States, the state of Missouri or any Missouri local government unit. Such investments are stated at fair
value. Fair values for investments for the City, as well as its component unit, are determined by closing market prices at fiscal year-
end as reported by the custodian.
Interest earned as a result of pooling is distributed to the appropriate funds based upon the month-end balances of cash and marketable
securities of each fund.
Contributions and Grants
Grants are received from State, Federal, and Local sources and are classified as either capital grants to be used for the construction or
acquisition of capital assets, or operating grants to be used at the discretion of the grantee for operating purposes.
Contributions and grants received by all funds are accounted for as follows: Contributions and grants for both capital and operating
purposes are included in revenues. Grant revenues are accrued as eligible expenditures or commitments are incurred, as appropriate
for the fund type involved.
Inventory and Prepaid Items
Inventory is valued at cost using the first-in, first-out method. Inventories consist of vehicle parts and accessories for the transit
system and City vehicles. The cost of such inventories is recorded as expenditures/expenses when consumed rather than when
purchased.
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items. The cost of such
prepaid items is recorded as expenditures/expenses when consumed rather than when purchased.
Restricted Assets
Certain assets of the Wastewater enterprise fund are set aside and restricted by bond covenants as security for payment of debt service
costs on outstanding bonds, for replacement reserves, for contingencies and for the periodic accumulation of funds to pay semi-annual
bond interest and annual principal due during the next fiscal year. Likewise, assets of the Worker’s Compensation Risk Management
Fund are set aside to comply with Missouri Statutes.
59
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Capital Assets
Capital Assets, which include property, plant, equipment, and infrastructure (e.g., roads, bridges, sidewalks, and similar items), are
reported in the applicable governmental or business-type activities columns in the government-wide financial statements. Capital
assets are defined by the City Finance Director as assets with an estimated useful life in excess of one year with a threshold of
$10,000.
Capital assets for all fund types are recorded at cost or estimated historical cost where cost could not be determined from available
records. Donated capital assets are recorded at their acquisition value at the date of donation. The cost of normal maintenance and
repairs that do not add to the value of the asset or materially extend the asset’s life are charged to operations as they occur and are not
included in the capital assets. Restorations and betterments are capitalized over the remaining useful life of the related capital assets,
as applicable.
Major outlays for capital assets and improvements are capitalized in proprietary funds as projects are constructed. Capital outlays for
intangible assets are capitalized. Intangible assets include easements with an indefinite life which are therefore, not being amortized.
Property, plant and equipment are depreciated using the straight line method over the following estimated useful lives:
Buildings 10-50 years
Improvements other than buildings 7-10 years
Wastewater plant and system 40-50 years
Machinery and equipment 5-20 years
Furniture and fixtures 5-10 years
Motor vehicles 5-15 years
Infrastructure:
Streets and stormwater drainage 35 years
Sidewalks and trails 30 years
Street lighting 30 years
Traffic signals 20 years
Compensated Absences
It is the City’s policy to permit employees to accumulate earned but unused vacation and sick pay benefits. All vacation pay and
certain sick incentive pay is accrued when incurred in the government-wide and proprietary fund financial statements. A liability for
these amounts is reported in governmental funds only if they have matured, for example, as a result of employee resignations and
retirements.
At October 31, 2021 employees of the City had accumulated earned vacation, sick leave and compensatory time aggregating
$3,218,790 of which-
● $ 2,751,181 has been recorded in the government-wide, governmental activities, liabilities, and
● $ 467,609 has been recorded in the various proprietary funds and government-wide, business-type activities, liabilities.
Long-term obligations
In the government-wide financial statements, and proprietary fund types in the fund financial statements, long-term debt and other
long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund
type statement of net position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the effective
interest method. Bonds payable are reported net of the applicable bond premium or discount. Bond issuance costs are recognized as
an expense in the period incurred.
Deferred outflows/inflows of resources
In addition to assets, the statement of financial position reports a separate section for deferred outflows of resources. Deferred
outflows represent a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of
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Notes to Financial Statements
October 31, 2021
resources (expense/expenditure) until then.
In addition to liabilities, the statement of financial position reports a separate section for deferred inflows of resources. Deferred
inflows represent an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources
(revenue) until that time. Unavailable revenues are deferred and recognized as an inflow of resources in the period that the amounts
become available. Unearned revenues arise when resources are received by the government before it has a legal claim to them.
Fund Balances
The City follows GASB 54 for its reporting of fund balances.
GASB 54 provides for two major types of fund balances, which are nonspendable and spendable. Nonspendable fund balances are
balances that cannot be spent because they are not expected to be converted to cash or they are legally or contractually required to remain
intact. Examples of this classification are prepaid items, inventories, and principal (corpus) of an endowment fund.
In addition to the nonspendable fund balance, GASB 54 has provided a hierarchy of spendable fund balances, based on a hierarchy of
spending constraints.
Restricted – amounts that can be spent only for specific purposes because of constitutional provisions, charter requirements or
enabling legislation or because of constraints that are externally imposed by creditors, grantors, contributors, or the laws or
regulations of other governments.
Committed – amounts that can be used only for specific purposes determined by a formal action of the City Council. The City
Council is the highest level of decision making authority for the City of Jefferson. Commitments may be established, modified, or
rescinded only through ordinances or resolutions (which are equally binding) that are approved by the City Council.
Assigned – amounts that do not meet the criteria to be classified as restricted or committed but that are intended to be used for
specific purposes. Under the City’s adopted policy, only the City Council may assign amounts for specific purposes.
Unassigned – the residual classification for the government’s general fund and includes all spendable amounts not contained in the
other classifications. The general fund will be the only fund that reports a positive unassigned fund balance amount. In the other
governmental funds, if expenditures exceed the amounts restricted, committed or assigned to those purposes, it may be necessary to
report a negative unassigned fund balance.
When an expenditure is incurred for purposes for which both restricted and unrestricted fund balance is available, the City considers
restricted funds to have been spent first. When an expenditure is incurred for which committed, assigned, or unassigned fund balances are
available, the City considers amounts to have been spent first out of committed funds, then assigned funds, and finally unassigned funds, as
needed, unless the City Council has provided otherwise in its commitment or assignment actions.
The City’s adopted Financial Policy Guidelines state that the City calculates an unassigned General fund balance at a minimum of 17% of
expenditures as originally adopted for the General Fund budget. All other funds, if they are not subsidized by other funds, shall maintain a
minimum 10% fund balance.
Adoption of New Accounting Pronouncements
Effective November 1, 2020, the City adopted GASB Statement No. 84, Fiduciary Activities. The objective of this Statement is to
enhance the consistency and comparability of fiduciary activity reporting by state and local governments. This Statement is also
intended to improve the usefulness of fiduciary activity information primarily for assessing the accountability of governments in their
roles as fiduciaries. The adoption of this statement resulted in the inclusion of the Statement of Fiduciary Net Position and the
Statement of Changed in Fiduciary Net Position in the basic financial statements section of this document.
E. Subsequent Events
The City evaluates events and transactions occurring subsequent to the date of the financial statements for matters requiring recognition or
disclosure in the financial statements. The accompanying financial statements consider events through April 8, 2022 which is the date the
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October 31, 2021
financial statements were available to be issued.
On January 30, 2020 the World Health Organization declared the coronavirus outbreak a “Public Health Emergency of International
Concern” and on March 11, 2020 declared it to be a pandemic. Actions taken around the world to help mitigate the spread of the
coronavirus include restrictions on travel, quarantines in certain areas, and forced closures for certain types of public places and
businesses. The coronavirus and actions taken to mitigate the spread of it had and are expected to continue to have significant impact
on the economies and financial markets of many countries and all states of the United States of America.
It is unknown how long the adverse conditions associated with the coronavirus will last and what the complete financial effect will be
on the City. To date, the City is monitoring fiscal year 2022 revenue and expenditures very closely and reacting accordingly.
NOTE 2: Reconciliation of Government-wide and Fund Financial Statements
A. Explanation of certain differences between the governmental fund balance sheet and the government-wide statement of net
position
The governmental fund balance sheet includes reconciliation between fund balance-total governmental funds and net position-
governmental activities as reported in the government-wide statement of net position. One element of that reconciliation explains that
“Other long-term assets are not available to pay for current-period expenditures and therefore are unavailable revenue in the funds.”
The details of the $4,452,397 difference are as follows:
Property tax receivable/deferred inflow $ 292,785
Franchise tax receivable/unearned revenue 23,000
Grant receivable/unearned revenue 4,136,612
Net adjustment to increase fund balance-total governmental funds
to arrive at net position-governmental activities $ 4,452,397
B. Explanation of certain differences between the governmental fund statement of revenues, expenditures, and changes in
fund balances and the government-wide statement of activities
The governmental fund statement of revenues, expenditures, and changes in fund balances includes reconciliation between net
changes in fund balances-total governmental funds and changes in net position of governmental activities as reported in the
government-wide statement of activities. One element of that reconciliation explains that “Governmental funds report capital outlays
as expenditures. However, in the statement of activities, the cost of these assets is allocated over their estimated useful lives and
reported as depreciation expense.” The details of this $2,263,999 difference are as follows:
Capital outlay $ 9,126,588
Depreciation expense (6,862,589)
Net adjustment to increase net changes in fund balances - total
governmental funds to arrive at changes in net position of
governmental activities $ 2,263,999
Another element of that reconciliation states that ‘The net effect of various miscellaneous transactions involving capital assets (i.e.,
sales, trade-ins, and donations) is to increase net position.” The details of the ($44,969) difference are as follows:
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City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
The loss on disposal of capital assets are not reported in the
governmental funds $ (44,969)
Net adjustment to increase net changes in fund balances - total
governmental funds to arrive at changes in net position of
governmental activities $ (44,969)
Another element of that reconciliation states that “Revenues in the statement of activities that do not provide current financial
resources are not reported as revenues in the funds.” The details of the $2,803,253 difference are as follows:
Property tax revenue $ (66,593)
Franchise/Utility tax revenue 1,000
Intergovernmental revenue 2,868,846
Net adjustment to decrease net changes in fund balances - total
governmental funds to arrive at changes in net position of
governmental activities $ 2,803,253
NOTE 3: FAIR VALUE MEASUREMENTS
The City categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting
principles. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices
in active markets for identical assets.
The City’s investments by input levels as of October 31, 2021 are presented below.
Investment
US Treasury Note $ 197,589 $ 197,589
City's Investments 197,589 197,589
Total Investments $ 197,589 $ 197,589
Quoted Prices
Markets for
Identical Assets
(Level 1)
2021
Fair Value
NOTE 4: DEPOSITS & INVESTMENTS
As of October 31, 2021, the City of Jefferson had the following investments and maturities:
Type Maturities
City of Jefferson Investments:
Repurchase agreeements (cash & cash equivalents) Less than one year $ 42,960,222
Money Market Less than one year 1,357,743
US Treasury Note 5 years 197,589
Total City's Deposits/Investments $ 44,515,554
Total
See note 1.D., Deposits and Investments, for a discussion of how shares are valued. A credit rating is not available.
Interest rate risk. It is the policy of the City to invest public funds in a manner which will provide maximum security of capital, meet
daily cash flow demands and earn a market rate of return on investment for like maturities and securities instruments; while
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Notes to Financial Statements
October 31, 2021
conforming to all applicable statutes governing the investment of public funds. The City manages its exposure to declines in fair
values by limiting the segmented time distribution of its investment portfolio to less than one year.
Credit risk. State statutes authorize the City to invest in obligations of the U.S. Treasury, and federal agencies and instrumentalities;
certificates of deposit issued by Missouri banks; and repurchase agreements.
Concentration of credit risk. The City of Jefferson has no formal policy related to a specific deposit or investment risk. However, in
accordance with the City of Jefferson investment policy, the investments will be diversified to minimize the risk of loss resulting from
over concentration of assets in (1) a specific investment type, (2) a specific issuer or (3) a specific maturity. The following guidelines
represent limits established for diversification by instrument:
Type and Issuer
minimum maximum
U.S. Treasury Obligations 0%100%
U.S. Government Agency Securities and
Instrumentalities of Government
0%80%
Certificates of Deposits (CD's)0%50%
Repurchase Agreements, Demand Deposit Accounts
(DDAs), or Negotiable Order of Withdrawal (NOW)
Accounts
0%100%
Full faith & credit obligations of the State or any Missouri
local governmental entity
0%25%
Percent of Portfolio
Custodial credit risk - deposits. In the case of deposits, this is the risk that in the event of a bank failure, the City of Jefferson’s
deposits may not be returned to the City. All bank balances and certificates of deposit as of the balance sheet date are entirely insured
or collateralized with securities held by the City or by its agent in the City's name. The City has no custodial credit risk policy for
deposits.
Discretely Presented Component Unit:
Jefferson City Convention and Visitors Bureau (JCCVB), a discretely presented component unit, cash accounts are secured by the
Federal Deposit Insurance Corporation (FDIC) up to $250,000. JCCVB also maintains balances in overnight investment accounts
which are not insured or guaranteed by FDIC or any government agency. They are, however, invested in government-backed
securities. At December 31, 2020 amounts in the overnight investment account totaled $6,445,619.
NOTE 5: RECEIVABLES
Taxes receivable represent amounts due for property taxes, gasoline tax, franchise tax and sales tax which have been reflected as
revenues reduced by an appropriate allowance for uncollectible.
Taxes receivable includes a receivable for property tax in the amount of $5,639,280 for property assessed as of January 1, 2021.
However, the related revenue is deferred until after the fiscal year end since the taxes are budgeted and levied for the subsequent fiscal
year. Therefore, $5,639,280 was recognized as deferred inflow of resources in the government wide statements. The receivable also
includes the sales, motor vehicle and gasoline taxes charged by the retailers in October (point of sale). The third quarter taxes are due
by October 31 of which the State of Missouri receives the majority in the first week of November. The October monthly filer’s tax is
due by November 20 of which the State also receives the majority of it in November. Therefore, the State remits its November
collections to the City in December. The tax receivable includes both November and December receipts from the State of Missouri,
representing the taxes charged by retailers through October 31, 2021.
A. Property Taxes
The City's property tax is levied by the Counties of Cole and Callaway each October 1, based on the assessed value as of the previous
January 1, for all real and personal property located in the City. Assessed values are established by the County Assessors.
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City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Property taxes are billed by November 1 following the levy date, due by December 31 and are considered delinquent on January 1. A
lien is placed on the property as of March 1 if delinquent taxes are not paid.
The assessed value for property located in the City as of January 1, 2020 upon which the Fiscal Year 2021 budget was based,
amounted to $926,980,534. The City's property tax levies per $100 of assessed valuation for the year ended October 31, 2021 were as
follows:
Cole Callaway
General Fund 0.4600$ 0.4600$
Firemen's Retirement $ 0.0961 0.0961$
Totals $ 0.5561 0.5561$
Levy (dollars)
The City is permitted by the Missouri State Constitution to levy taxes up to $1.00 per $100 assessed valuation for general
governmental services (General Fund) other than the payment of principal and interest on long-term debt and in unlimited amounts for
the payment of principal and interest on long-term debt. There was no Debt Service levy for the year ended October 31, 2021.
B. Loan, Notes and Accounts Receivable:
Schedule of Receivables
Receivables at October 31, 2021 on the fund financial statements consist of the following:
General Parks
Capital
Projects Wastewater Transit
Non Major &
Other Funds Total
Taxes/Franchise Fees 9,269,758$ 1,073,839$ 1,073,839$ -$ -$ 143,336$ 11,560,772$
Accounts 174,627 26,221 - 1,078,731 18,364 43,843 1,341,786
Due from other funds 137,903 - - - - - 137,903
From other Governments 588,504 64,516 - 499 575,338 75,732 1,304,589
Receivable
Non-Governmental 8,700 263,599 - - - - 272,299
Gross Receivables 10,179,492 1,428,175 1,073,839 1,079,230 593,702 262,911 14,617,349
Less: Allowance for
Uncollectible (571,887) - - (13,106) - (1,760) (586,753)
Net Total Receivables 9,607,605$ 1,428,175$ 1,073,839$ 1,066,124$ 593,702$ 261,151$ 14,030,596$
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City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
NOTE 6: CAPITAL ASSETS
Capital asset activity for the year ended October 31, 2021 was as follows:
Primary Government
Beginning
Balance Increases Decreases
Ending
Balances
Government Activities:
Capital Assets, not being depreciated:
Land $ 15,826,146 $ 771,657 $ - $ 16,597,803
Easements 511,913 - - 511,913
Construction in progress 10,995,848 8,159,811 (11,829,826) 7,325,833
Total Capital Assets, not being depreciated 27,333,907 8,931,468 (11,829,826) 24,435,549
Capital Assets, being depreciated:
Buildings 31,214,716 - - 31,214,716
Improvements other than buildings 17,816,367 10,989,041 - 28,805,408
Machinery and equipment 22,485,152 456,364 (1,000,785) 21,940,731
Infrastructure 199,837,351 579,539 - 200,416,890
Total Capital Assets, being depreciated 271,353,586 12,024,944 (1,000,785) 282,377,745
Less Accumulated Depreciation for:
Buildings (10,813,712) (705,154) - (11,518,866)
Improvements other than buildings (12,207,817) (1,216,929) - (13,424,746)
Machinery and equipment (14,838,218) (1,318,420) 955,816 (15,200,822)
Infrastructure (117,196,855) (3,622,086) - (120,818,941)
Total Accumulated Depreciation (155,056,602) (6,862,589) 955,816 (160,963,375)
Total Capital Assets, being depreciated, net 116,296,984 5,162,355 (44,969) 121,414,370
Governmental activities capital assets, net $ 143,630,891 $ 14,093,823 $ (11,874,795) $ 145,849,919
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City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Beginning
Balance Increases Decreases
Ending
Balances
Business-type activities:
Capital Assets, not being depreciated:
Land $ 5,236,564 $ - $ - $ 5,236,564
Easements 67,374 - - 67,374
Construction in progress 735,089 764,529 (834,248) 665,370
Total Capital Assets, not being depreciated 6,039,027 764,529 (834,248) 5,969,308
Capital Assets, being depreciated:
Buildings 82,777,259 - - 82,777,259
Improvements other than buildings 14,156,544 138,314 - 14,294,858
Machinery and equipment 9,517,801 568,675 (110,834) 9,975,642
Distribution and Collection 72,804,858 1,109,826 - 73,914,684
Total Capital Assets, being depreciated 179,256,462 1,816,815 (110,834) 180,962,443
Less Accumulated Depreciation for:
Buildings (27,296,465) (1,832,185) - (29,128,650)
Improvements other than buildings (7,537,072) (936,505) - (8,473,577)
Machinery and equipment (8,108,618) (415,895) 110,834 (8,413,679)
Distribution and Collection (34,476,512) (1,917,656) - (36,394,168)
Total Accumulated Depreciation (77,418,667) (5,102,241) 110,834 (82,410,074)
Total Capital Assets, being depreciated, net 101,837,795 (3,285,426) - 98,552,369
Business-type activities capital assets, net $ 107,876,822 $ (2,520,897) $ (834,248) $ 104,521,677
Depreciation expense was charged to functions/programs of the primary government as follows:
Government activities:Business-type activities:
General government $ 67,175 Wastewater $ 3,937,110
Public safety 1,188,665 Transit 150,191
Community development 4,217,351 Airport 963,287
Culture and recreation 1,389,398 Parking 51,653
Total depreciation expense-
Governmental activities $ 6,862,589
Total depreciation expense-
Business-type activities $ 5,102,241
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City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
The assets acquired through outstanding capital leases are shown below.
Government activities:
Equipment $ 4,755,986
Less: Depreciation (940,718)
3,815,268$
Depreciation expense for the year ended October 31, 2021 for assets under capital leases was $317,066 for governmental activities.
NOTE 7: LONG-TERM DEBT
A. Bonds Payable
The following is a summary of bonded debt transactions of the City for the year ended October 31, 2021:
Wastewater Parks Total
Bonds payable at 10/31/20 $ 45,500,800 $ 6,980,000 $ 52,480,800
Bonds retired (4,319,200) (285,000) (4,604,200)
Bonds payable at 10/31/21 $ 41,181,600 $ 6,695,000 $ 47,876,600
Deferred amounts:
Premiums/Discounts 1,002,739 148,602 1,151,341
Net bonds payable at 10/31/21 $ 42,184,339 $ 6,843,602 $ 49,027,941
Interest to maturity 7,588,302 1,738,315 9,326,617
Total Debt Service to Maturity $ 49,772,641 $ 8,581,917 $ 58,354,558
Bonds Payable
The annual debt service requirements to maturity, including interest (excluding amortization of premiums and/or discounts) on all
bonded debt outstanding as of October 31, 2021 are as follows:
Principal Interest Total Principal Interest Total Principal Interest Total
2022 4,496,000$ 1,214,054$ 5,710,054$ 295,000$ 175,617$ 470,617$ 4,791,000$ 1,389,671$ 6,180,671$
2023 3,292,800 1,032,840 4,325,640 300,000 166,767 466,767 3,592,800 1,199,607 4,792,407
2024 3,409,700 921,936 4,331,636 310,000 157,767 467,767 3,719,700 1,079,703 4,799,403
2025 3,527,500 809,877 4,337,377 320,000 148,468 468,468 3,847,500 958,345 4,805,845
2026 3,290,400 690,893 3,981,293 330,000 138,868 468,868 3,620,400 829,761 4,450,161
2027-2031 13,215,000 2,227,034 15,442,034 1,795,000 550,183 2,345,183 15,010,000 2,777,217 17,787,217
2032-2036 9,950,200 691,668 10,641,868 2,010,000 328,895 2,338,895 11,960,200 1,020,563 12,980,763
2037-2041 - - - 1,335,000 71,750 1,406,750 1,335,000 71,750 1,406,750
Totals 41,181,600$ 7,588,302$ 48,769,902$ 6,695,000$ 1,738,315$ 8,433,315$ 47,876,600$ 9,326,617$ 57,203,217$
Wastewater Debt Service Requirements Parks Debt Service Requirements Total Debt Service Requirements
Pledged Revenues
The City has pledged future sanitary sewer operating revenues, net of specified operating expense, to repay $41,181,600 in sanitary
sewerage system revenue bonds. The Wastewater bonds are payable solely from sanitary sewer net revenues and are payable through
2036. Annual principal and interest payments on the bonds have required on average between 80 and 90 percent of net revenues. The
total principal and interest remaining to be paid on wastewater bonds is $48,769,902. Principal and interest paid for the current year
and total net sanitary sewer revenues for the current year were $5,447,693 and $6,861,874, respectively.
The payment of the principal and interest on the Series 2019 parks system special obligation bonds is subject to annual appropriations
by the City Council. Pursuant to the Bond Ordinance, the City Council has directed the City Administrator, the Director of Finance or
any other officer of the City at any time charged with the responsibility of formulating budget proposals to include in each annual
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City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
budget appropriation of the amount necessary (after taking into account any moneys legally available for such purpose) to pay debt
service on the Bonds. However, the City Council is not required or obligated to make any such annual appropriation and the decision
whether or not to appropriate such funds will be solely within the discretion of the then current City Council. No property of the City
is pledged or encumbered, and no reserve fund has been established, as security for payment of the Bonds. It is the current intention
of the City to satisfy its obligations to make debt service payments on the Parks Bonds, subject to annual appropriation by the City
Council, from revenues generated by the City’s 0.50% local parks sales tax. However, the City’s obligation to make such debt service
payments is not limited to the revenues generated from the 0.50% local parks sales tax, and such 0.50% local parks sales tax revenues
cannot be pledged to the payment of the Bonds.
Wastewater Revenue Bonds payable at October 31, 2021 are comprised of the following individual issues:
$24,875,000 Sewerage System Improvement and Refunding Revenue Bond (State
Revolving Fund-Leveraged Loan Program) Series 2001C payable in annual installments
of $785,000 to $1,915,000, July 1, 2004 through July 1, 2022; interest at 3% - 5%$ 1,915,000
$ 4,600,000 Sewerage System Revenue Bond (State Revolving Fund-Leveraged Loan
Program) Series 2005A payable in annual installments of $135,000 to $345,000, May 19,
2005 through July 1, 2025; interest at 3% -5%1,290,000
$10,105,000 Sewerage System Revenue Bond (State Revolving Fund-Leveraged Loan
Program) Series 2005C payable in annual installments of $335,000 to $750,000, November
30, 2005 through July 1, 2026; interest at 3.25% -5.25%3,430,000
$ 3,900,000 Sewerage System Revenue Bond (State Revolving Fund-Leveraged Loan
Program) Series 2008A payable in annual installments of $25,000 to $320,000, October 30.
2008 through January 1, 2029; interest at 4% -5.75%2,105,000
$15,000,000 Sewerage System Revenue Bond (State Revolving Fund-Direct Loan
Program) Series 2012 payable in semi-annual installments of $307,000 to $473,000, July 1,
2014 through July 1, 2033 average coupon interest 1.27%; due to the nature of the Direct
Loan Program $549,866 of the authorized amount of this bond is not yet issued 9,911,600
$9,940,000 Sewerage System Revenue Bond Series 2014 payable in annual installments
of $410,000 to $675,000, May 15, 2014 through July 1, 2035; interest at 2% - 3.5%7,770,000
$9,380,000 Sewerage System Revenue Bond Series 2016 payable in annual installments
of $550,000 to $805,000, June 20, 2016 through July 1, 2036; interest at 3%9,380,000
$5,625,000 Sewerage System Improvement and Refunding Revenue Bond Series 2020
payable in annual installments of $245,000 to $445,000, September 1, 2021 through
September 1, 2035; interest at 2% - 4%5,380,000
Total bonded indebtedness in enterprise funds $ 41,181,600
There are a number of limitations and restrictions contained in the various bond indentures. The City is in compliance with all
significant limitations and restrictions.
On November 7, 2000 voters approved $52,000,000 of Sewerage System Revenue Bonds for improving and extending the City’s
sewerage system. The cost of operation and maintenance of the sewerage system is to be paid solely from the revenues derived by the
City from the operation of its sewer system. A 29% increase in sewer fees was effective June 1, 2001 with an additional 4% increase
annually for 9 years was required to finance the proposed sewer projects. On July 6, 2009 the Council approved an additional 27%
increase in sewer fees effective June 1, 2010 in lieu of the 4%. On November 2, 2010 the voters approved issuance of Sewerage
System Revenue Bonds in the amount of $35,000,000 to finance the sanitary sewer system improvements from 2011 through 2017.
This change increased the charges to customers 5% annually from 2011 through 2014, and 6% annually from 2015 through 2017. On
June 7, 2021 the Council approved an additional 2% increase in sewer fees effective July 1, 2021 and increased the charges to
customers 5% annually from 2022 through 2027.
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City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
The initial $10,000,000 Sewerage System Revenue Bond was refunded in November 2001, creating a $24,875,000 Revenue Bond
(State Revolving Fund Program) Series 2001C. An additional Sewerage System Revenue Bond, Series 2002 in the amount of
$5,555,000 was issued in November 2002 and Series 2005A in the amount of $4,600,000 in May 2005. On November 30, 2005 the
City refunded the balance ($4,980,000) of the $5,555,000 November 2002 issue, creating a $10,105,000 Sewerage System Revenue
Bond (State Revolving Fund Program) Series 2005C. Another Sewerage System Revenue Bond, Series 2008A in the amount of
$3,900,000 was issued in October 2008. On August 5, 2010 the City issued additional Sewerage System Revenue Bonds: Series
2010A (tax exempt) in the amount of $1,300,000 and Series 2010B (taxable Build America Bonds) in the amount of $6,445,000. On
November 13, 2012 the City issued an additional Sewerage System Revenue Bond (State Revolving Fund Program) Series 2012 in the
amount of $15,000,000. On May 15, 2014 the City issued an additional Sewerage System Revenue Bond Series 2014 in the amount
of $9,940,000. On June 20, 2016 the City issued an additional Sewerage System Revenue Bond Series 2016 in the amount of
$9,380,000. These bond issues in the amount of $85,545,000 are part of $52,000,000 approved by the voters in November 2000 and
the $35,000,000 approved by voters in November 2010. On August 24, 2020 the City refunded the balance ($6,015,000) of the
$6,445,000 Series 2010B (taxable Build America Bonds) issue, creating a $5,625,000 Sewerage System Refunding Revenue Bond
Series 2020.
All of the City’s Wastewater Revenue Bonds, with the exception of the 2010A, 2010B, 2014, 2016, and 2020 bonds, were participants
in the State of Missouri Department of Natural Resources (DNR) Revolving Fund-Leverage Loan Program (Capitalization Grant
Agreement.) The Revolving Fund Program provides security for the revenue bonds participating in the program. As disbursements
are made to the City from the restricted construction bond funds, DNR deposits additional funds into a Reserve Account. Funds on
deposit in the Reserve Account (other than interest earnings) secure only a portion of the revenue bonds (70%). As the City makes
principal payments on the related revenue bonds, an equivalent amount is repaid to DNR from the Reserve Account. The City assigns
its right, title and interest in the Reserve Account to the State Environment Improvement and Energy Resources Authority to secure
the City’s Wastewater Revenue Bonds.
Parks Special Obligation Bond payables at October 31, 2021 are comprised of the following individual issues:
$7,305,000 Parks System Special Obligation Bond Series 2019 payable in annual
installments of $285,000 to $455,000, September 1, 2020 through September 1, 2039;
interest at 2% - 3%6,695,000$
Total special obligation bond indebtedness in governmental funds 6,695,000$
On November 18, 2019 Council approved the issuance of a Special Obligation Bond for Parks and Recreation for the purpose of
financing various repairs, replacements, improvements, renovations, expansions and additions that need to be made to the City’s Parks
System.
B. General Obligation Debt
The City has no outstanding general obligation bonded debt. The legal debt margin (the amount of general obligation bonds the City
could issue with voter approval) at October 31, 2021 is computed as follows:
Total 2020 Assessed Value $ 926,980,534
Ordinary debt (1)10% 92,698,053
Additional debt (2)10%92,698,053
Constitutional debt limit 20%185,396,107
Less: Current G.O. Bonds -
Available debt margin $ 185,396,107
(1) Article VI, Sections 26(b) and (c) of the Missouri Constitution provides, with a vote of four-sevenths of qualified electors voting at
a general municipal election day, primary or general election day or two-thirds for all other elections, a city may incur an indebtedness
not to exceed in aggregate, 10 percent of the value of taxable tangible property of the city, for any purposes authorized in the charter
of the city or by any general law of the State of Missouri.
(2) Article VI, Sections 26(d) and (e) of the Missouri Constitution provides, with a vote of four-sevenths of qualified electors voting at
70
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
a general municipal election day, primary or general election day or two-thirds for all other elections, a city may become indebted an
additional 10 percent of the value of taxable tangible property of the city for the purpose of acquiring right of way; construction,
extending and improving streets and/or sanitary or sewer systems; and purchasing or constructing water works, electric or other light
plants, provided that the total general obligation indebtedness of the city does not exceed 20 percent of the value of the taxable
tangible property of the city.
C. Changes in Long-term Liabilities
Long-term liability activity for the year ended October 31, 2021, was as follows:
Governmental Activities:
Beginning
Balance Additions Reductions
Ending
Balances
Due Within
One Year
Lease (LTD)$ 3,133,467 $- $ (322,137) $ 2,811,330 $ 330,141
Bonds Payable:
Special Obligation Bonds 6,980,000 - (285,000) 6,695,000 295,000
Less Deferred Amounts:
For Issuance Premiums 156,934 - (8,332) 148,602 -
Total Bonds Payable 7,136,934 - (293,332) 6,843,602 295,000
Claims and Judgements 381,243 584,453 (509,064) 456,632 132,424
Compensated Absences 2,734,311 2,174,326 (2,157,456) 2,751,181 247,606
Total OPEB Liability 1,765,080 - (17,473) 1,747,607 -
Net Pension Liability (Asset)16,409,130 - (33,375,298) (16,966,168) -
Governmental Activity Long-term Liabilities $ 31,560,165 $ 2,758,779 $ (36,674,760) $ (2,355,816) $ 1,005,171
Business-type Activities:
Bonds Payable:
Revenue Bonds $ 45,500,800 $- $ (4,319,200) $ 41,181,600 $ 4,496,000
Less Deferred Amounts:
For Issuance Premiums 1,150,584 - (147,845) 1,002,739 -
Total Bonds Payable 46,651,384 - (4,467,045) 42,184,339 4,496,000
Payable to Other Governments 2,618,000 - (2,618,000) - -
Claims and Judgements - 13,563 (13,563) - -
Compensated Absences 450,049 395,542 (377,982) 467,609 42,084
Total OPEB Liability 348,401 - (2,497) 345,904 -
Net Pension Liability (Asset)(401,384) - (5,629,024) (6,030,408) -
Business-type Activity Long-term Liabilities $ 49,666,450 $ 409,105 $ (13,108,111) $ 36,967,444 $ 4,538,084
Compensated absences in both governmental and business-type activities are classified as 91% long-term and 9% short-term
liabilities. Accrued compensated absence liabilities, net pension liabilities, and OPEB liabilities related to governmental activities are
generally liquidated by the General Fund and the Parks Fund.
Claims and judgments other than workers compensation in both governmental and business-type activities are classified as 71% long-
71
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
term and 29% short-term liabilities. Claim liabilities related to governmental and business-type activities are normally paid from the
fund associated with that claim. Claim liabilities for workers compensation are classified as 100% short-term liabilities in the
government activities (workers compensation self-insured fund.)
D. Leases
On May 19, 2017 the City entered into a lease agreement in the amount of $5,037,541 for the purchase of fire apparatus. The City of
Jefferson made $400,000 ($322,136 in principal and $77,864 in interest) in lease payments during the fiscal year.
The annual debt service requirements to maturity, including interest on this outstanding debt as of October 31, 2021 are as follows:
Principal Interest Total
2022 $ 330,141 $ 69,859 $ 400,000
2023 388,577 61,655 450,232
2024 398,233 51,999 450,232
2025 408,129 42,104 450,233
2026 418,270 31,962 450,232
2027-2028 867,980 32,485 900,465
Totals $ 2,811,330 $ 290,064 $ 3,101,394
Fire Apparatus Debt Service Requirements
E. Postretirement Benefits Other than Pensions (OPEB)
General Information about the Pension Plan
Plan Description and Benefits Provided
The City sponsors a single-employer, defined benefit healthcare plan that provides healthcare benefits to retirees and their dependents.
The City requires retirees to pay the same medical premium charged for active employees. Under the theory that retirees have higher
utilization of services, the difference between the true cost of providing retiree coverage and what the retiree is being charged is
known as the implicit rate subsidy, which is considered Other Postemployment Benefits (OPEB) under GASB Statement No. 45. No
assets are accumulated in a trust that meets the criteria in paragraph 4 of Statement 75.
Employees Covered by Benefit Terms
At October 31, 2021, the following employees were covered by the benefit terms:
Inactive employees or beneficiaries currently receiving benefits20
Inactive employees entitled but not yet receiving benefits -
Active employees 403
423
Total OPEB Liability
The employer’s total OPEB liability of $2,093,511 was measured as of October 31, 2021, and determined by an actuarial valuation as
of that date.
Actuarial Assumptions
The total OPEB liability was “rolled forward” from October 31, 2020 to October 31, 2021 using generally accepted actuarial
principles.
The total OPEB liability in the October 31, 2021 actuarial valuation was determined using the following actuarial assumptions and
other inputs, applied to all periods included in the measurement, unless otherwise specified:
72
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Inflation 2.75% wage inflation
Salary Increase 2.75% to 7.15% including wage inflation
Healthcare Trend Rates Initial trend of 7.00% gradually decreasing to an ultimate trend rate of 3.50% in year 15
Retirees’ Share of Benefit-
Related Costs 100 percent of projected health insurance premiums for retirees
The discount rate was based on the tax-exempt municipal bond rate based on an index of 20-year general obligation bonds with an
average AA credit rating as of the measurement date. For the purpose of this valuation, the rate was based on the weekly rate closest
to but not later than the measurement date of the Fidelity “20-Year Municipal GO AA index”.
The healthy retiree mortality tables, for post-retirement mortality, used in evaluating allowances to be paid were 115% of the PubG-
2010 Retiree Mortality Table for males and females. The disabled retiree mortality tables, for post-retirement mortality, used in
evaluating the allowances to be paid were 115% of the PubNS-2010 Disabled Retiree Mortality Table for males and females. The pre-
retirement mortality tables used were 75% of the PubG-2010 Employee Mortality Tables for males and females of General groups and
75% of the PubS-2010 Employee Mortality Table for males and females of Police, Fire, and Public Safety groups.
Mortality rates for a particular calendar year are determined by applying the MP-2020 mortality improvement scale to the above
described tables.
Unless otherwise specified, the actuarial assumptions used in making the October 31, 2021 valuation were based on a 5-year
investigation of Missouri Local Government Employees Retirement System (LAGERS) in total for the period ending February 28,
2020.
Changes in Total OPEB Liability
Total OPEB
Liability
Balances as of 10/31/20 2,113,481$
Changes for year:
Service Cost 118,244
Interest 52,072
Difference between expected & actual experience (323,146)
Changes of assumptions 244,588
Benefit payments, including refunds (111,728)
Net changes (19,970)
Balances as of 10/31/21 2,093,511$
Changes of assumptions reflect a change in the discount rate from 2.46 percent in 2020 to 2.15 percent in 2021.
Sensitivity of the Total OPEB Liability to Changes in the Discount Rate
The following presents the total OPEB Liability of the employer, calculated using the discount rate of 2.15%, as well as what the
employer’s total OPEB Liability would be using a discount rate that is 1 percentage point lower (1.15%) or one percentage point
higher (3.15%) than the current rate.
73
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
1% Decrease
1.15%
Current Single Discount
Rate Assumption
2.15%
1% Increase
3.15%
Total OPEB Liability $ 2,280,445 $ 2,093,511 $ 1,919,279
Sensitivity of the Total OPEB Liability to Changes in the Healthcare Cost Trend Rates
The following presents the total OPEB Liability of the employer, calculated using the healthcare cost trend rate, calculated using the
assumed trend rates as well as what the plan’s total OPEB liability would be if it were calculated using a trend rate that is one percent
lower or one percent higher.
1% Decrease
Current Healthcare Cost
Trend Rate
Assumption 1% Increase
Total OPEB Liability $ 1,832,779 $ 2,093,511 $ 2,404,568
OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB
For the year ended October 31, 2021 the employer recognized an OPEB expense of $64,266. At October 31, 2021, the employer
reported deferred outflows and inflows of resources related to OPEB from the following sources:
Deferred Outflows
of Resources
Deferred Inflows of
Resources
Differences between expected and actual experience $ - $ 364,939
Changes in assumptions 447,500 43,040
Net difference between projected and actual earnings
on OPEB plan investments - -
$ 447,500 $ 407,979
Amounts reported as deferred outflows and inflows of resources related to OPEB will be recognized in OPEB expense as follows:
Year Ended:
2022 $ 5,677
2023 5,677
2024 5,677
2025 5,677
2026 5,677
Thereafter 11,136
$ 39,521
F. Conduit Debt Obligations
From time to time, the City has issued Industrial Revenue Bonds to provide financial assistance to private-sector entities for the
acquisition and construction of industrial and commercial facilities deemed to be in the public interest. The bonds are secured by the
property financed and are payable solely from payments received on the underlying financing arrangement. Upon repayment of the
bonds, ownership of the acquired facilities transfer to the private-sector entity served by the bond issuance. Neither the City, the State,
nor any political subdivision thereof is obligated in any manner for repayment of the bonds. Accordingly, the bonds are not reported
as liabilities in the accompanying financial statements.
The aggregate amount of all outstanding conduit debt as of October 31, 2021 was $37,952,943. As of this date, taxable industrial
revenue bonds were issued as follows:
74
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Unilever Project, Series 2012, in the maximum aggregate principal amount of $23,280,000 for the purpose of providing funds to pay
the cost of facility expansion and acquiring certain manufacturing equipment which is located within the City. As of October 31, 2021
the principal amount outstanding was $0.
Continental Commercial Products Project, Series 2015A, in the maximum aggregate principal amount of $1,734,000 for the purpose
of providing funds to renovate, improve and equip an existing building, which is located within the City, for manufacturing purposes
As of October 31, 2021 the principal amount outstanding was $1,734,000.
Continental Commercial Products Project, Series 2015B, in the maximum aggregate principal amount of $500,000 for the purpose of
providing funds to renovate, improve and equip an existing building, which is located within the City, for manufacturing purposes. As
of October 31, 2021 the principal amount outstanding was $500,000.
Modern Litho Project, Series 2016, in the maximum aggregate principal amount of $8,000,000 for the purpose of providing funds to
pay the cost of acquiring and installing certain manufacturing equipment which is located within the City. As of October 31, 2021 the
principal amount outstanding was $8,000,000.
Axium Plastics Project, Series 2017A, in the maximum aggregate principal amount of $6,000,000 for the purpose of providing funds
to pay the cost of acquiring real property and making certain real property improvements to the project site which is located within the
City. As of October 31, 2021 the principal amount outstanding was $1,000,399.
Axium Plastics Project, Series 2017B, in the maximum aggregate principal amount of $20,000,000 for the purpose of providing funds
to equip the project site, which is located within the City, with certain personal property. As of October 31, 2021 the principal amount
outstanding was $13,210,165.
Command Web Project, Series 2018, in the maximum aggregate principal amount of $34,250,000 for the purpose of acquiring certain
machinery and equipment to be installed at the manufacturing facility which is located within the City. As of October 31, 2021 the
principal amount outstanding was $9,156,471.
Modern Litho Project, Series 2019, in the maximum aggregate principal amount of $5,000,000 for the purpose of providing funds to
pay the cost of acquiring and installing certain manufacturing equipment which is located within the City. As of October 31, 2021 the
principal amount outstanding was $4,351,908.
NOTE 8: COMMITMENTS AND CONTINGENT LIABILITIES
A. Risk Management
The City of Jefferson, Missouri is exposed to risks of loss related to torts; theft of, damage to, and destruction of assets; errors and
omissions; injuries to employees; and natural disasters. The City has purchased insurance up to $5 million for these risks from
Midwest Public Risk (MPR), except for worker's compensation described below. There have been no settlements in excess of insured
coverage during the past five years. In 2001, the City established a $50,000 self-insured retention with a $250,000 shared annual
aggregate for liability coverage. In 2015, the City reduced the self-insured retention to $25,000 with no shared annual aggregate for
liability coverage.
The Midwest Public Risk Fund is structured such that member premiums are based on an actuarial review that will provide adequate
reserves to allow the Fund to meet its expected financial obligations. The Fund has the authority to assess its members’ additional
premiums should reserves and annual premiums be insufficient to meet the Fund’s obligations.
Other commercial policies are purchased from various vendors for Property and Equipment, Excess Property, Boiler and Machinery,
Commercial Crime, Excess Workers Compensation, and Airport Owners and Operators Liability.
In the area of loss prevention and control, the City has contracted for services through a commercial insurance company and a
professional broker. The City has also instituted internal safety and supervisory training programs designed to minimize risk exposure
and claims.
The claims liability of $0 reported at October 31, 2021 is based on the requirements of Governmental Accounting Standards Board
Statement No. 10, which requires that a liability for claims be reported if information prior to the issuance of the financial statements
indicates it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be
75
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
reasonably estimated. The claims liabilities do not include incremental claims adjustment expenses.
Total Total
Beginning liability $- $- $ - Beginning liability $ - $ - $ -
Claims & changes
in estimates 55,849 13,563 69,412
Claims & changes
in estimates 105,747 35,315 141,062
Claims payments (55,849) (13,563) (69,412) Claims payments (105,747) (35,315) (141,062)
Ending liability $- $- $ -
Ending liability $- $ - $ -
Governmental
activities
Business-type
activities
Fiscal Year Ending October 31, 2021 Fiscal Year Ending October 31, 2020
Governmental
activities
Business-type
activities
B. Worker’s Compensation Risk Management
On July 1, 1991, the City established a Worker's Compensation Risk Management Fund (an internal service fund) to account for and
finance its uninsured risks of this loss. Under this program, the Risk Management Fund provides coverage for up to a maximum of
$500,000 for each worker's compensation claim. The City purchases commercial reinsurance for claims in excess of individual
coverage provided by the Fund (Stop Loss $500,000 individual with a policy maximum of $1 million).
Payments are made to the Risk Management Fund based on payroll at State of Missouri Worker's Compensation rates which are
estimates of the amounts needed to pay prior- and current-year claims and to build an unreserved fund balance. That balance was
$201,704 at October 31, 2021. The claims liability of $456,632 reported in the Fund at October 31, 2021 is based on the requirements
of Governmental Accounting Standards Board Statement No. 10, which requires that a liability for claims be reported if information
prior to the issuance of the financial statements indicates it is probable that a liability has been incurred at the date of the financial
statements and the amount of the loss can be reasonably estimated.
Changes in the fund’s claims liability amount are as follows:
Due within One Year
Beginning liability $ 381,243 $ 330,540
Claims & changes in
estimates 528,604 263,437
Claims payments (453,215) (212,734)
Ending liability $ 456,632 $ 381,243 $132,424
2020-2021 2019-2020
C. Self-Funded Health Insurance
On January 1, 2016, the City established a Self-Funded Health Insurance Fund (an internal service fund) to account for the
transactions and reserves associated with the City’s medical and prescription drug programs for City employees. Coverage for health
and prescription drug plans are self-insured. The City has a stop-loss attachment point of $125,000 per individual with a policy
maximum of $6,830,787.
Payments are made to the Self-Funded Health Insurance Fund based on estimates of the amounts needed to pay prior- and current-year
claims and to establish net position sufficient for catastrophic losses. That balance was $107,611 at October 31, 2021. The claims
liability of $304,436 reported in the Fund at October 31, 2021 is based on the requirements of Governmental Accounting Standards
Board Statement No. 10, which requires that a liability for claims be reported if information prior to the issuance of the financial
statements indicates it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss
can be reasonably estimated.
Changes in the fund’s claims liability amount are as follows:
76
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Due within One Year
Beginning liability $ 382,011 $ 434,160
Claims & changes in
estimates 5,297,741 4,617,232
Claims payments (5,375,316) (4,669,381)
Ending liability $ 304,436 $ 382,011 $304,436
2020-2021 2019-2020
D. Litigation
The City is a defendant in a number of claims and lawsuits resulting from personal injury, property damage, personnel actions, and
police activity. The City Attorney has reviewed these claims and lawsuits in order to evaluate the likelihood of an unfavorable
outcome to the City and to arrive at an estimate, if any, of the amount or range of potential loss to the City. The City Attorney has
reviewed lawsuits involving various departments and allegations, which are currently pending. The chances of the plaintiff’s success
in these cases vary. The amount of any recovery payable from City funds should be $200,000 or less. A number of other claims
involving vehicles and property damage, and alleged dangerous conditions have been reviewed. Most have been resolved or are in the
process of being resolved. While most are covered by insurance, some may have deductibles, self-insured retention, or other
circumstances which involve payment from City funds. The total from all of the above claims of this nature should not cause payment
from City funds of an amount greater than $45,000. No significant adverse impact beyond budgeted funds is anticipated from any of
the pending claims or litigation.
E. Commitments
At October 31, 2021, the following funds have construction and other significant commitments:
Primary Government Commitment
General Fund $ 382,208
Parks Fund $ 854,648
Capital Projects $ 1,018,583
Wastewater Fund $ 834,651
Non Major Funds $ 509,719
F. Grants and Other
Under the terms of federal and state grants, periodic audits are required and certain costs may be questioned as not being appropriate
expenditures under the terms of the grants. Such audits could lead to reimbursement to the grantor agencies. City management
believes disallowances, if any, will be immaterial to its financial position and operations.
NOTE 9: INTERFUND RECEIVABLES, PAYABLES, AND TRANSFERS
The General Fund transfers to subsidize Airport and Transit ($658,821); Lodging Tax Fund 2% administrative fee ($23,863) transfer
to the General Fund; Capital Projects ($278,386) transfers to the Transit and Airport Funds; Capital Projects ($1,599,595) transfers to
the General Fund; and General, Parks, Airport, Parking, Transit and Wastewater Funds ($752,000) transfers to the Internal Service
Funds to subsidize purchases for the year ended October 31, 2021 are as follows:
77
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
General Fund $ 1,623,458 $ 1,219,896
Parks Fund - 82,651
Transit Fund 611,465 42,301
Wastewater Fund - 54,282
Capital Projects - 1,877,981
Internal Service Funds 752,000 -
Non Major Governmental Funds - 23,863
Non Major Enterprise Funds 325,742 11,691
$ 3,312,665 $ 3,312,665
Transfer from
other funds
Transfer to
other funds
Discretely Presented Component Unit:
The Jefferson City Convention and Visitors Bureau’s (JC CVB) is a discretely presented component unit of the City of Jefferson
with a fiscal year end of December 31. The City’s lodging tax fund payable to JC CVB of $255,000 at October 31, 2021 is
different from their receivable of $123,063 at December 31, 2020 because of the different fiscal year ends.
NOTE 10: EMPLOYEES' RETIREMENT SYSTEMS
A. LAGERS
Summary of Significant Accounting Policies
For purposes of measuring the net pension liability, deferred outflows of resources and deferred inflows of resources related to
pensions, and pension expense, information about the fiduciary net position of the Missouri Local Government Employees Retirement
System (LAGERS) and additions to/deductions from LAGERS fiduciary net position have been determined on the same basis as they
are reported by LAGERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due
and payable in accordance with the benefit terms. Investments are reported at fair value.
General Information about the Pension Plan
Plan Description
The City of Jefferson’s defined benefit pension plan provides certain retirement, disability and death benefits to plan members and
beneficiaries. The City of Jefferson participates in the Missouri Local Government Employees Retirement System (LAGERS).
LAGERS is an agent multiple-employer, statewide public employee pension plan established in 1967 and administered in accordance
with RSMo. 70.600-70.755. As such, it is LAGERS responsibility to administer the law in accordance with the expressed intent of the
General Assembly. The plan is qualified under the Internal Revenue Code Section 401(a) and is tax exempt. The responsibility for
the operations and administration of LAGERS is vested in the LAGERS Board of Trustees consisting of seven persons. LAGERS
issues a publicly available financial report that includes financial statements and required supplementary information. This report may
be obtained by accessing the LAGERS website at www.molagers.org.
Benefits Provided
LAGERS provides retirement, death and disability benefits. Benefit provisions are adopted by the governing body of the employer,
within the options available in the state statutes governing LAGERS. All benefits vest after 5 years of credited service. Employees
who retire on or after age 60 (55 for police and fire) with 5 or more years of service are entitled to an allowance for life based upon the
benefit program information provided below. Employees may retire with an early retirement benefit with a minimum of 5 years of
credited service and after attaining age 55 (50 for police and fire) and receive a reduced allowance.
78
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
2021 Valuation
Benefit Multiplier: 2% - General & Police; 2.5% - Fire
Final Average Salary: 3 years
Member Contributions: 0%
Benefit terms provide for annual post retirement adjustments to each member’s retirement allowance subsequent to the member’s
retirement date. The annual adjustment is based on the increase in the Consumer Price Index and is limited to 4% per year.
Employees Covered by Benefit Terms
At June 30, 2021, the following employees were covered by the benefit terms:
General Police Fire
Inactive employees or beneficiaries currently receiving benefits 219 56 76
Inactive employees entitled but not yet receiving benefits 88 31 5
Active employees 251 81 71
558 168 152
Contributions
The employer is required to contribute amounts at least equal to the actuarially determined rate, as established by LAGERS. The
actuarially determined rate is the estimated amount necessary to finance the cost of benefits earned by employees during the year, with
an additional amount to finance an unfunded accrued liability. Full-time employees of the employer do not contribute to the pension
plan. Employer contribution rates are 12.8% (General), 18.3% (Police) and 48.0% (Fire) of annual covered payroll.
Net Pension Liability
The employer’s net pension liability was measured as of June 30, 2021 and the total pension liability used to calculate the net pension
liability was determined by an actuarial valuation as of February 28, 2021.
Actuarial Assumptions
The total pension liability in the February 28, 2021 actuarial valuation was determined using the following actuarial assumptions,
applied to all periods included in the measurement:
Inflation 2.75% wage inflation; 2.25% price inflation
Salary Increase 2.75% to 7.15% including wage inflation
Investment rate of return 7.00%, net of investment expenses
The healthy retiree mortality tables, for post-retirement mortality, used in evaluating allowances to be paid were 115% of the PubG-
2010 Retiree Mortality Table for males and females. The disabled retiree mortality tables, for post-retirement mortality, used in
evaluating allowances to be paid were 115% of the PubNS-2010 Disabled Retiree Mortality Table for males and females. The pre-
retirement mortality tables used were 75% of the PubG-2010 Employee Mortality Table for males and females of General groups and
75% of the PubS-2010 Employee Mortality Tables for males and females of Police, Fire and Public Safety groups.
Mortality rates for a particular calendar year are determined by applying the MP-2020 mortality improvement scale to the above
described tables.
The long-term expected rate of return on pension plan investments was determined using a model method in which the best-estimate
ranges of expected future real rates of return (expected returns, net of investment expenses and inflation) are developed for each major
asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of
return by the target asset allocation percentage and by adding expected inflation. The target allocation and best estimates of arithmetic
real rates of return for each major asset class are summarized in the following table:
79
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Asset Class
Target
Allocation
Weighted Average Long-
Term Expected Real
Rate of Return
Alpha 15.00%3.67%
Equity 35.00%4.78%
Fixed Income 31.00%1.41%
Real Assets 36.00%3.29%
Strategic Assets 8.00%5.25%
Cash/Leverage -25.00%-0.29%
Discount Rate
The discount rate used to measure the total pension liability is 7.00%. The projection of cash flows used to determine the discount
rate assumes that employer and employee contributions will be made at the rates agreed upon for employees and the actuarially
determined rates for employers. Based on these assumptions, the pension plan’s fiduciary net position was projected to be available to
pay all projected future benefit payments of current active and inactive employees. Therefore, the long-term expected rate of return on
pension plan investments was applied to all periods of projected benefit payment to determine the total pension liability.
Changes in Net Pension Liability
Total Pension
Liability
(a)
Plan Fiduciary
Net Position
(b)
Net Pension
Liability
(a-b)
Balances as of 6/30/20 163,341,688$ 147,333,942$ 16,007,746$
Changes for year:
Service Cost 3,041,751 - 3,041,751
Interest 11,660,763 - 11,660,763
Changes of Benefit Terms - - -
Difference between expected & actual experience (6,467,285) - (6,467,285)
Changes of assumptions (2,669,600) - (2,669,600)
Contributions - employer - 4,392,191 (4,392,191)
Contributions - employee - - -
Net investment income - 40,085,007 (40,085,007)
Benefit payments, including refunds (8,138,083) (8,138,083) -
Administrative expenses - (87,723) 87,723
Other changes - 180,476 (180,476)
Net changes (2,572,454) 36,431,868 (39,004,322)
Balances as of 6/30/21 160,769,234$ 183,765,810$ (22,996,576)$
Increase (Decrease)
Sensitivity of the Net Pension Liability to Changes in the Discount Rate
The following presents the Net Pension Liability of the employer, calculated using the discount rate of 7.00%, as well as what the
employer’s Net Pension Liability would be using a discount rate that is 1 percentage point lower (6.00%) or one percentage point
higher (8.00%) than the current rate.
1% Decrease
6.00%
Current Single Discount
Rate Assumption
7.00%
1% Increase
8.00%
Total Pension Liability (TPL) $ 182,761,722 $ 160,769,234 $ 142,600,867
Plan Fiduciary Net Position 183,765,810 183,765,810 183,765,810
Net Pension Liability/(Asset) (NPL) $ (1,004,088) $ (22,996,576) $ (41,164,943)
80
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions
For the year ended October 31, 2021 the employer recognized pension expense of ($7,553,338). The employer reported deferred
outflows and inflows of resources related to pensions from the following sources:
Deferred Outflows
of Resources
Deferred Inflows of
Resources
Differences in experience $ 3,391,736 $ (5,516,721)
Differences in assumptions 502,355 (2,116,122)
Excess (deficit) investment returns - (19,280,419)
Contributions subsequent to the measurement date* 1,501,864 -
$ 5,395,955 $ (26,913,262)
*The amount reported as deferred outflows of resources resulting from contributions subsequent to the measurement
date will be recognized as a reduction in the Net Pension Liability for the year ending October 31, 2022.
Amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in pension expense as follows:
Year Ended:
2022 $ (6,063,258)
2023 (4,776,404)
2024 (5,226,891)
2025 (6,733,442)
2026 (302,930)
Thereafter 83,754
$ (23,019,171)
Payable to the Pension Plan
At October 31, 2021, the City of Jefferson reported a payable of $0 for the outstanding amount of contributions to the pension plan
required for the year ended October 31, 2021.
NOTE 11: DEPARTMENT DISCLOSURES
For the year ending October 31, 2021, there were no departments (the legal level of budgetary control) in the governmental funds
where expenditures exceeded appropriations.
NOTE 12: TAX ABATEMENT
The City of Jefferson can grant tax abatements as outlined below:
Chapter 100 – Industrial Revenue Bonds: In Missouri, cities and counties ("Municipality") can issue industrial development
revenue bonds ("Revenue Bonds") pursuant to Chapter 100 of the Missouri Revised Statutes ("RSMo"), as amended (the "Act"), in
order to encourage industrial development projects for private companies. Under the Act, the Municipality may issue Revenue Bonds
to finance the costs of the purchase, construction, extension and improvement of warehouses, distribution facilities, research and
development facilities, office industries, agricultural processing industries, service facilities which provide interstate commerce, and
industrial plants, including the real estate either within or without the limits of such Municipality, buildings, fixtures and machinery
(the "Project"). There are two primary reasons to issue Revenue Bonds under the Act. First, if the Revenue Bonds are tax-exempt, it
may be possible to issue the Revenue Bonds at lower interest rates than those obtained through conventional financing. Second, even
if the Revenue Bonds are not tax-exempt, ad valorem taxes levied on the Revenue Bond financed Project may be abated so long as the
Revenue Bonds are outstanding.
81
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
In a typical Chapter 100 transaction, the Municipality holds fee title to the Project once the Revenue Bonds are issued and leases the
Project to the private company. Because the Municipality is the legal owner of the Project while the Revenue Bonds are outstanding,
the Project is exempt from ad valorem taxation and personal property taxation. The Municipality and the private company may
determine that partial tax abatement - but not full tax abatement is desirable. In this case, the Municipality and the private company
will enter into an agreement providing for the company to make "payments in lieu of taxes" to the Municipality and other taxing
jurisdictions levying property taxes where the Project is located. The amount of payments in lieu of taxes to be paid by the private
company is negotiable to any amount. The payments in lieu of taxes are payable by December 31 of each year and are distributed to
the Municipality and to each taxing jurisdiction levying property taxes where the Project is located in the same manner and proportion
as the property taxes would otherwise be distributed to such taxing jurisdictions under Missouri law. Section 100. 800 of the RS Mo
does provide for the recapture of abated taxes in the event an abatement recipient does not fulfill the commitment it makes in return
for the tax abatement.
For the fiscal year ended October 31, 2021, the City abated property taxes totaling $49,567 under these Chapter 100 financing
agreements.
Tax Increment Financing: Pursuant to the Real Property Tax Increment Allocation Act, Sections 99.800 through 99.865, RSMo, as
amended (the "TIF Act"), cities and counties ("Municipality") may adopt a redevelopment plan ("TIF plan") that provides for the
redevelopment of a "blighted area", "conservation area" or "economic development area," located within the boundaries of the
Municipality. The theory of TIF financing is that, by encouraging redevelopment projects, the value of real property in a
redevelopment area should increase.
When the TIF plan is adopted, the assessed valuation of the real property in the redevelopment area is frozen at the current base level
prior to construction of improvements. The owner of the property continues to pay property taxes at the base level and such property
tax revenues are distributed to the taxing jurisdictions levying property taxes in the redevelopment area. As the property is improved,
the assessed value of the real property in the redevelopment area increases above the base level. By applying the property tax levy of
all taxing jurisdiction having taxing power within the redevelopment area to the increase in assessed valuation of the improved real
property over the base level, a "tax increment" is produced. The tax increments, referred to as "payments in lieu of taxes," are paid by
the owner of the real property in the same manner as regular property taxes. The payments in lieu of taxes are transferred by the
collecting agency to the treasurer of the Municipality and deposited in a special allocation fund.
In addition to the payments in lieu of taxes described above, and pursuant to Section 99.845(3) of the Act, fifty percent of the total
additional revenue from taxes which are imposed by the City, the County or other taxing districts, and which are generated by
economic activities within the redevelopment area over the amount of such taxes generated by economic activities within the
redevelopment prior to the TIF plan, are transferred by the collecting agency to the treasurer of the Municipality and deposited in a
special allocation fund.
For the fiscal year ended October 31, 2021, the City abated property taxes and economic activity taxes totaling $61,774 under these
Tax Increment Financing agreements.
Chapter 353 – Redevelopment Corporations: Under Chapter 353, RSMo, real property tax abatement is available within “blighted
areas.” An Urban Redevelopment Corporation is created under the corporations laws of Missouri and, once created, it has the power to
operate one or more redevelopment projects pursuant to a city-approved redevelopment plan.
With this program, an eligible city may approve a redevelopment plan that provides for tax abatement for up to 25 years, thus
encouraging the redevelopment of the blighted area. To be eligible for the abatement, the Urban Redevelopment Corporation must
take title to the property to be redeveloped. During the first 10 years of tax abatement, (1) 100% of the incremental increase in real
property taxes on the land are abated, (2) 100% of the real property taxes on all improvements are abated, and (3) the property owner
continues to pay real property taxes on the land in the amount of such taxes in the year before the redevelopment corporations takes
title.
During the next 15 years, taxes upon such real property shall be measured by the assessed valuation thereof as determined by the
county assessor upon the basis of not to exceed fifty percent of the true value of such real property, including any improvements.
Payments in lieu of taxes (PILOTS) may be imposed on the Urban Redevelopment Corporation by contract with the city, as
applicable, to achieve an effective tax abatement that is less than the abatement established by statute. PILOTS are paid on an annual
basis and allocated to each taxing district according to their proportionate share of ad valorem property taxes
For the fiscal year ended October 31, 2021, the City abated property taxes totaling $4,030 under these Chapter 353 financing
82
City of Jefferson, Missouri
Notes to Financial Statements
October 31, 2021
agreements.
The following tax abatement agreements each exceeded 10 percent of the City’s total taxes abated for fiscal year 2021: A 100 percent property tax abatement to a manufacturing company for the purpose of equipping the project site, which is
located within the City. The abatements amounted to $13,509.
A 50 percent property tax abatement to a manufacturing company for the purpose of equipping the project site, which is
located within the City. The abatements amounted to $16,785. A 100 percent property tax abatement and 50% economic activity tax abatement to the St. Mary’s TIF. In August 2017, the
City approved the tax increment plan for the St. Mary’s Redevelopment Area. The abatements amounted to $50,245.
NOTE 13: STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY INFORMAITON
Grant compliance
During the Federal Transit Administration (FTA) Triennial Review, the Coronavirus Aid, Relief, and Economic Security (CARES)
Act grant allocation to Transit for FY20 was reviewed. FTA discovered during that review that the City of Jefferson had over
requested the grant reimbursement and had therefore been overpaid by $133,692. The City of Jefferson was required to repay this
amount plus interest to the FTA in FY21.
The City later discovered other calculation errors that resulted in the City of Jefferson over requesting grant reimbursements in FY20
for an additional $100,136. The Jefferson City Transit Division will work with the Federal Transit Administration (FTA) to correct
the reimbursement payment made to the City as a result of the mistake in calculating the amount due. FTA officials have verbally
indicated that the City should refund the overpayment with interest and then request those funds go back into the City’s funding
allocation (including the interest) so that funds will be properly accounted for in an updated and corrected reimbursement request.
To ensure future reimbursement requests are accurate, staff has been educated on the correct process for calculating reimbursements,
as well as what are appropriate eligible expenses. The City’s Transit Director has corrected and updated the calculation summary
sheet that is used in consultation with the Finance Department. The updated sheet now has the correct methodology for calculating
future reimbursement requests.
NOTE 14: PRIOR PERIOD ADJUSTMENT
The items discussed in note 13 above resulted in a prior period adjustment in the amount of $233,828. Below is a restatement of the
net position as of October 31, 2020.
Business-type
Activities
Net position as of October 31, 2020 76,235,734$
Prior period adjustments
Removal of FY20 revenue (233,828)
Total prior period adjustment (233,828)
Net position as of October 31, 2020 as restated 76,001,906$
NOTE 15: NEW ACCOUNTING PRONOUNCEMENTS
GASB Statement No. 87, Leases. The objective of this Statement is to better meet the information needs of financial statement users
by improving accounting and financial reporting for leases by governments. This statement is effective for fiscal years beginning after
June 15, 2021.
83
REQUIRED SUPPLEMENTARY
INFORMATION (RSI)
84
Fiscal year ending June 30,2021 2020 2019 2018 2017 2016 2015Total Pension LiabilityService Cost3,041,751$ 2,987,138$ 2,867,447$ 2,720,530$ 2,593,354$ 2,568,487$ 2,532,035$ Interest on the Total Pension Liability11,660,763 10,977,905 10,366,008 8,939,085 8,591,220 7,967,490 7,661,827 Changes of Benefit Terms- - - 14,534,542 - - - Difference between expected and actual experience(6,467,285) 3,069,678 2,157,242 138,893 (867,154) (1,608,734) (1,694,178) Assumption Changes(2,669,600) - - - - 4,236,574 - Benefit Payments(8,138,083) (7,164,583) (6,859,851) (6,591,847) (4,606,460) (4,540,383) (4,070,926) Net Change in Total Pension Liability(2,572,454) 9,870,138 8,530,846 19,741,203 5,710,960 8,623,434 4,428,758 Total Pension Liability beginning163,341,688 153,471,550 144,940,704 125,199,501 119,488,541 110,865,107 106,436,349 Total Pension Liability ending160,769,234$ 163,341,688$ 153,471,550$ 144,940,704$ 125,199,501$ 119,488,541$ 110,865,107$ Plan Fiduciary Net PositionContributions-employer4,392,191$ 4,321,101$ 4,346,691$ 4,836,810$ 4,188,777$ 4,151,922$ 4,368,344$ Contributions-legacy plan**- - - 14,837,956 - - - Contributions-employee- - - - 80,841 46,880 - Pension Plan Net Investment income40,085,007 1,928,351 9,046,050 15,419,234 12,130,427 (187,832) 1,902,415 Benefit Payments(8,138,083) (7,164,583) (6,859,851) (6,591,847) (4,606,460) (4,540,383) (4,070,926) Pension Plan Administrative expense(87,723) (115,087) (101,301) (70,768) (63,974) (60,825) (65,895) Other180,476 1,152,063 1,473,148 (943,532) 466,678 520,922 (328,829) Net Change in Plan Fiduciary Net Position36,431,868 121,845 7,904,737 27,487,853 12,196,289 (69,316) 1,805,109 Plan Fiduciary Net Position beginning147,333,942 147,212,097 139,307,360 111,819,507 99,623,218 99,692,534 97,887,425 Plan Fiduciary Net Position ending183,765,810$ 147,333,942$ 147,212,097$ 139,307,360$ 111,819,507$ 99,623,218$ 99,692,534$ Employer Net Pension Liability(22,996,576)$ 16,007,746$ 6,259,453$ 5,633,344$ 13,379,994$ 19,865,323$ 11,172,573$ Plan Fiduciary Net Position as a percentage of the Total Pension Liability114.30% 90.20% 95.92% 96.11% 89.31% 83.37% 89.92%Covered Payroll 21,022,492 22,326,544 21,201,296 20,525,788 19,360,321 18,743,450 18,925,302 Employer's Net Pension Liability as a percentageof covered payroll-109.39% 71.70% 29.52% 27.45% 69.11% 105.99% 59.04%*Information for prior years is not available; ultimately ten fiscal years will be displayed.Schedule of Changes in Net Pension Liability and Related RatiosFor the Last Seven Fiscal Years***The City previously administered a closed Firemen's Pension Fund Plan. With the passing of H.B. 1443 (2016), the City chose to move the closed pension plan to LAGERS. These contributions are the assets of the closed Firemen's Penison Fund Plan that were moved to LAGERS as part of the transition.LAGERS - All Divisions CombinedCity of JeffersonRequired Supplementary InformationOctober 31, 202185
FY Ending October 31,
Actuarially
Determined
Contribution
Contributions in
Relation to the
Actuarially Required
Contribution
Contribution Deficiency
(Excess) Covered Payroll
Actual Contribution as a
% of Covered Payroll
2012 4,694,853 4,519,117 175,736 19,559,948 23.10%
2013 4,716,663 4,618,436 98,227 19,305,604 23.92%
2014 4,514,653 4,514,653 - 19,142,454 23.58%
2015 4,374,480 4,374,479 1 19,167,837 22.82%
2016 4,105,940 4,058,398 47,542 18,849,419 21.53%
2017 4,292,416 4,288,512 3,904 20,169,748 21.26%
2018 4,519,260 4,282,242 237,017 20,908,030 20.48%
2019 4,590,418 4,347,958 242,460 21,664,177 20.07%
2020 4,497,635 4,325,165 172,470 21,448,598 20.17%
2021 4,572,914 4,422,415 150,499 21,352,573 20.71%
Valuation Date:
Notes:
Methods and assumptions used to determine contribution rates:
Actuarial Cost Method Entry Age Normal and Modified Terminal Funding
Amortization Method
Remaining Amortization Period General Division: Multiple bases from 10 to 15 years
Police Division: Multiple bases from 8 to 15 years
Fire Division: Multiple bases from 9 to 18 years
Asset Valuation Method 5-Year smoothed market; 20% corridor
Inflation 2.75% wage inflation; 2.25% price inflation
Salary Increases General Division: 2.75% to 6.75% including wage inflation
Police Division: 2.75% to 6.55% including wage inflation
Fire Division: 2.75% to 7.15% including wage inflation
Investment Rate of Return 7.00%, net of investment expenses
Retirement Age Experience-based table of rates that are specific to the type of eligibility condition.
Mortality
Other Information
City of Jefferson
Required Supplementary Information
October 31, 2021
The roll-forward of total pension liability from February 28, 2021 to June 30, 2021 reflects expected service cost and
interest reduced by actual benefit payments.
The healthy retiree mortality tables, for post-retirement mortality, used in evaluating allowances to be paid were
115% of the PubG-2010 Retiree Mortality Table for males and females. The disabled retiree mortality tables, for post
retirement mortality, used in evaluating allowances to be paid were 115% of the PubNS-2010 Disabled Retiree
Mortality Table for males and females. The pre-retirement mortality tables used were 75% of the PubG-2010
Employee Mortality Table for males and females of General groups and 75% of the PubS-2010 Employee Mortality
Table for males and females of Police, Fire, and Public Safety groups.
Mortality rates for a particular calendar year are determined by applying the MP-2020 mortality improvement scale to
the above described tables.
None
SCHEDULE OF CONTRIBUTIONS
Last 10 Fiscal Years
NOTES TO THE SCHEDULE OF CONTRIBUTIONS
February 28, 2021
A level percentage of payroll amortization method is used to amortize the UAAL over a closed period of years. If the
UAAL (excluding the UAAL associated with benefit changes) is negative, then this amount is amortized over the
greater of (i) the remaining initial amortization period or (ii) 15 years.
86
Fiscal year ending October 31,2021 2020 2019 2018Total OPEB LiabilityService Cost 118,244$ 100,686$ 81,477$ 77,397$ Interest on the Total OPEB Liability52,072 56,844 71,092 68,428 Difference between expected and actual experience (323,146) - (104,386) - Assumption Changes 244,588 67,160 244,520 (69,792) Benefit Payments (111,728) (110,818) (86,167) (75,347) Net Change in Total OPEB Liability(19,970) 113,872 206,536 686 Total OPEB Liability beginning2,113,481 1,999,609 1,793,073 1,792,387 Total OPEB Liability ending2,093,511$ 2,113,481$ 1,999,609$ 1,793,073$ Plan Fiduciary Net PositionContributions-employer111,728$ 110,818$ 86,167$ 75,347$ Benefit Payments (111,728) (110,818) (86,167) (75,347) Net Change in Plan Fiduciary Net Position- - - - Plan Fiduciary Net Position beginning-$ -$ -$ -$ Plan Fiduciary Net Position ending-$ -$ -$ -$ Total OPEB Liability2,093,511$ 2,113,481$ 1,999,609$ 1,793,073$ Plan Fiduciary Net Position as a percentage of the Total OPEB Liability0.00% 0.00% 0.00% 0.00%Covered Payroll 19,985,655$ 19,406,438$ 20,181,782$ 17,831,599$ Total OPEB Liability as a percentageof covered payroll10.48% 10.89% 9.91% 10.06%Notes to Schedule:Assumption ChangesChanges of assumptions reflect the effects of changes in the discount rate each period.The following are the discount rates used each period:20202.46%20192.85%20183.97%No assets are accumulated in a trust that meets the criteria in paragraph 4 of Statement 75.*Information for prior years is not available; ultimately ten fiscal years will be displayed.City of JeffersonRequired Supplementary InformationOctober 31, 2021Schedule of Changes in Total OPEB Liability and Related RatiosFor the Last Four Fiscal Years*87
G-1
Original Final
REVENUES
Sales and other user taxes $ 12,152,196 $ 12,152,196 $12,873,237 $ 721,041
Property taxes 5,561,399 5,561,399 5,834,154 272,755
Utility/Franchise taxes 6,825,000 6,825,000 6,271,140 (553,860)
Licenses, permits and fees 952,650 952,650 1,035,569 82,919
Intergovernmental 3,231,270 * 6,175,104 4,092,595 (2,082,509)
Charges for services 2,852,676 2,852,676 2,837,493 (15,183)
Fines and forfeitures 607,900 607,900 478,719 (129,181)
Investment earnings 120,000 120,000 192,076 72,076
Miscellaneous 475,569 672,847 822,341 149,494
Total revenues 32,778,660 35,919,772 34,437,324 (1,482,448)
EXPENDITURES
General government:
Mayor and council 136,685 136,685 122,765 13,920
City clerk 103,111 111,811 111,778 33
City administrator 275,834 275,834 273,986 1,848
City counselor 329,834 334,572 334,572 -
Municipal court 249,518 244,780 230,692 14,088
Human resources 322,228 332,985 332,896 89
Finance department 963,927 861,727 816,198 45,529
Non-departmental 944,220 1,904,462 1,724,265 180,197
Entitlement grant 612,998 *700,989 241,966 459,023
CDBG-CV - 413,435 3,000 410,435
Information systems technology/GIS 1,066,040 *1,094,140 1,081,969 12,171
Public safety:
Police 11,530,614 * 11,927,426 11,393,747 533,679
Fire 8,307,806 *8,238,691 7,941,021 297,670
Planning & Protective Services:
Administration 274,698 331,019 331,019 -
Planning 231,410 209,600 151,707 57,893
Metropolitan planning organization 222,471 222,471 203,951 18,520
Redevelopment & grants 267,227 *363,637 168,318 195,319
Environmental health 501,172 501,172 496,399 4,773
Prop maintenance/Code enforcement 417,755 *735,755 518,305 217,450
Building regulations 501,899 449,091 390,503 58,588
Public Works:
Central maintenance 1,250,909 *1,333,733 1,319,835 13,898
Administration 384,666 384,666 372,136 12,530
Engineering 1,181,106 1,140,906 1,120,030 20,876
Streets 3,439,750 3,519,750 3,512,671 7,079
Capital projects 104,738 *3,828,038 410,553 3,417,485
Total expenditures 33,620,616 39,597,375 33,604,282 5,993,093
Excess of revenues over expenditures (841,956) (3,677,603) 833,042 4,510,645
OTHER FINANCING SOURCES (USES)
Sale of assets 55,000 312,761 364,302 51,541
Transfers in 26,400 1,625,995 1,623,458 (2,537)
Transfers out (658,821) (658,821) (658,821) -
Total other financing sources and uses (577,421) 1,279,935 1,328,939 49,004
Net change in fund balance (1,419,377) (2,397,668) 2,161,981 4,559,649
Fund balances-beginning 8,068,741 8,068,741 8,068,741 -
Fund balances-ending $ 6,649,364 $ 5,671,073 $10,230,722 $ 4,559,649
* Includes Grants/Capital Projects Reappropriated:
PPS-CDBG (149)$ 312,667
ITS 9,818
Fire 404,122
Police Grants 116,324
Police Purchase of Vehicle 202,860
PPS-Redev & Grants (NSP)78,806
PPS-Prop Maint/Code Enforcement 87,849
PW-CM 102,193
990 Downtown Streetscape 800
990 Ongoing Infrastructure/Facility Needs 103,938
Total Grants Reappropriated $ 1,419,377
CITY OF JEFFERSON, MISSOURI
Required Supplementary Information
Budgetary Comparison Schedule
General Fund
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
Amounts Final Budget
88
G-2
Original Final
REVENUES
Sales and other user taxes $ 5,778,300 $ 5,778,300 $ 6,231,173 $ 452,873
Intergovernmental - 4,340,868 3,682,959 (657,909)
Charges for services 2,937,533 3,229,473 3,048,389 (181,084)
Investment earnings 35,000 35,000 133,223 98,223
Miscellaneous 104,950 466,515 286,156 (180,359)
Total revenues 8,855,783 13,850,156 13,381,900 (468,256)
EXPENDITURES
Cultural and recreation:
Parks administration 1,511,901 1,596,752 1,582,146 14,606
Ice arena 792,119 763,619 693,681 69,938
Golf course 780,234 796,811 796,811 -
Memorial pool 355,412 412,735 409,890 2,845
Ellis Porter pool 239,945 253,894 250,543 3,351
Parks maintenance 2,556,482 2,505,713 1,935,469 570,244
Recreation programs 1,092,474 1,082,474 1,000,866 81,608
Outdoor recreation 376,517 369,917 353,938 15,979
Camp programs 476,678 488,178 407,577 80,601
Multipurpose building 713,525 709,525 660,359 49,166
Amphitheater - 621,904 112,026 509,878
Capital outlay-projects 5,724,344 * 8,559,469 5,928,755 2,630,714
Total expenditures 14,619,631 18,160,991 14,132,061 4,028,930
Excess of revenues over expenditures (5,763,848) (4,310,835) (750,161) 3,560,674
OTHER FINANCING SOURCES (USES)
Sale of assets 10,000 944,612 984,943 40,331
Total other financing sources and uses 10,000 944,612 984,943 40,331
Net change in fund balance (5,753,848) (3,366,223) 234,782 3,601,005
Fund balances-beginning 8,192,524 8,192,524 8,192,524 -
Fund balances-ending $ 2,438,676 $ 4,826,301 $ 8,427,306 $ 3,601,005
* Includes Capital Projects Reappropriated:
Parks capital projects $ 5,643,957
CITY OF JEFFERSON, MISSOURI
Required Supplementary Information
Budgetary Comparison Schedule
Parks Fund
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
Amounts Final Budget
89
City of Jefferson
Notes to the Required Supplementary Information
October 31, 2021
Budgetary Information
Budgetary basis of accounting
The City Administrator is responsible for preparing the annual operating and five-year capital budgets for all City
operations and agencies for the Mayor's review, consideration and recommendation to the Council. The process begins at
the department level in March and ends with adoption on or before October 31 of each year. The Mayor's proposed
budget can only be adopted by majority action of the Council which must hold at least one public hearing prior to
enactment. Controls are maintained to ensure compliance with the annual adopted budget which, in turn, must comply
with state constitutional and statutory limits on tax levies. Budgetary control is maintained at the departmental level and
supplemental appropriations require Council approval.
Budgets are prepared on a basis consistent with generally accepted accounting principles and are adopted for all revenues
and expenditures/expenses of all funds.
Project budgets are adopted for the Capital Improvement Tax funds and for capital projects. Capital project budgets also
include the continuing appropriations which represent the remaining balance carried forward from the prior year. Except
for the capital project or grant budgets, any remaining unencumbered appropriations lapse at the fiscal year end.
Encumbrance accounting, under which purchase orders, contracts and other commitments for the expenditure of funds are
recorded in order to reserve that portion of the applicable appropriation, is utilized in the governmental fund types.
Encumbrances are carried forward as reservations of fund balance and do not constitute expenditures or liabilities because
the commitments will be honored during the next year.
Excess of expenditures over appropriations
For the year ended October 31, 2021 there were no departments (the legal level of budgetary control) in the governmental
funds where expenditures exceeded appropriations.
90
SUPPLEMENTAL FINANCIAL STATEMENTS
AND SCHEDULES
The supplemental financial presentation contains data beyond what is included in
the government and proprietary financial statements for nonmajor funds. This
data is presented to provide additional financial information in order to better
inform the users of the financial statements.
91
G-3
Original Final
REVENUES
Sales and other user taxes $ 5,000,000 5,000,000 6,231,172 $ 1,231,172
Intergovernmental - 2,285,115 2,285,115 -
Investment earnings 7,500 7,500 142,891 135,391
Total revenues 5,007,500 7,292,615 8,659,178 1,366,563
EXPENDITURES
Parks: 1,504,430 * 1,504,430 698,969 805,461
Public safety:
Police 1,179,412 * 1,360,619 688,912 671,707
Fire 581,862 * 849,602 635,558 214,044
Public works: 6,063,218 * 7,167,126 2,613,998 4,553,128
General government:
ITS/GIS 188,531 * 188,531 87,469 101,062
Annexaton 1,788 * 1,788 - 1,788
Contingency 611,832 * 12,237 - 12,237
Port authority 150,000 * 150,000 - 150,000
Total expenditures 10,281,073 11,234,333 4,724,906 6,509,427
Excess of revenues over expenditures (5,273,573) (3,941,718) 3,934,272 7,875,990
OTHER FINANCING SOURCES (USES)
Transfers out (7,500) (1,607,095) (1,612,759) (5,664)
Total other financing sources and uses (7,500) (1,607,095) (1,612,759) (5,664)
Net change in fund balance (5,281,073) (5,548,813) 2,321,513 7,870,326
Fund balances-beginning 7,787,155 7,787,155 7,787,155 -
Fund balances-ending $ 2,506,082 $ 2,238,342 $ 10,108,668 $ 7,870,326
* Includes Reappropriated:
Parks $ 916,930
Police 389,412
Fire 144,362
Public works 3,113,218
ITS/GIS 103,531
Annexation 1,788
Port authority 150,000
Contingency 61,832
Total Grants Reappropriated $ 4,881,073
CITY OF JEFFERSON, MISSOURI
Budgetary Comparison Schedule
Capital Improvement Tax Funds
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
Amounts Final Budget
92
NON-MAJOR GOVERNMENTAL FUNDS
Special Revenue Funds
Special revenue funds are used to account for specific revenues that are legally restricted to expenditures for
particular purposes.
Police Training Fund - Proceeds from a portion of Municipal Court costs are set aside for training activities for
police officers.
Lodging Tax Fund - Accounts for the collection of the City’s 7% Lodging Tax. Proceeds go to the Jefferson City’s
Convention and Visitors Bureau (a discretely presented component unit) to promote tourism and economic
development and to the Conference Center Fund for the future development of a conference center.
JC Veterans Plaza Trust Fund - Accounts for the proceeds of the sale of commemorative bricks or donations and
expenditures for the cost, engraving and placement of the commemorative bricks and plaques; and the cost of
maintenance and repair of the Veteran’s Plaza.
City Hall Art Trust Fund - Provides art works in the John G. Christy Municipal (City Hall) building from proceeds
of Sidney Larson’s prints of the City Hall mural and proceeds from Jefferson City Police Department History books
and local history books and/or donations.
USS Jefferson City Submarine - Accounts for private donations raised during the commissioning of the U.S. Navy
ship that are used for crew events and promotions under the direction of a city appointed committee.
Woodland Cemetery - Accounts for private donations which include funds transferred from Exchange National
Bank in 2000 from the Woodland Cemetery Trust Fund.
93
H-1TotalUSS Woodland NonmajorPolice Lodging JC Vet City Hall Submarine Cemetery GovernmentalTraining Tax Plaza Trust Art Trust Trust Trust FundsASSETS Cash and cash equivalents $ 65,196 $ 161,575 $ 5,669 $ 20,744 $ 14,322 $ 27,602 $ 295,108 Receivables (net of allowance for uncollectibles): Taxes and franchise fees - 143,336 - - - - 143,336 Inventories- - - 1,067 - - 1,067 Total assets $ 65,196 $ 304,911 $ 5,669 $ 21,811 $ 14,322 $ 27,602 $ 439,511 LIABILITIES AND FUND BALANCESLiabilities: Accounts payable$- $ 255,000 $ 140 $ - $ - $ - $ 255,140 Total liabilities- 255,000 140 - - - 255,140 FUND BALANCES Nonspendable: Inventories- - - 1,067 - - 1,067 Restricted:44,196 49,911 5,529 20,744 14,322 27,602 162,304 Assigned: Subsequent year's budget: appropriation of fund balance21,000 - - - - - 21,000 Total fund balances65,196 49,911 5,529 21,811 14,322 27,602 184,371 Total liabilities and fund balances$ 65,196 $ 304,911 $ 5,669 $ 21,811 $ 14,322 $ 27,602 $ 439,511 Special Revenue FundsCITY OF JEFFERSON, MISSOURICombining Balance SheetNonmajor Governmental FundsOctober 31, 202194
H-2TotalUSS Woodland NonmajorPolice Lodging JC Vet City Hall Submarine Cemetery GovernmentalTraining Tax Plaza Trust Art Trust Trust Trust FundsREVENUESSales and other user taxes $ - $ 1,249,122 $ - $ - $ - $ - $ 1,249,122 Fines and forfeitures 6,386 - - - - - 6,386 Investment earnings 1,302 2,329 121 373 257 568 4,950 Contributions - - 2,625 28 - - 2,653 Total revenues 7,688 1,251,451 2,746 401 257 568 1,263,111 EXPENDITURESCurrent: General government27,041 1,224,140 540 42 - 4,340 1,256,103 Capital outlay-projects- - 58,580 - - - 58,580 Total expenditures27,041 1,224,140 59,120 42 - 4,340 1,314,683 Excess (deficiency) of revenues over expenditures(19,353) 27,311 (56,374) 359 257 (3,772) (51,572) OTHER FINANCING SOURCES (USES)Transfers out- (23,863) - - - - (23,863) Total other financing sources and uses- (23,863) - - - - (23,863) Net change in fund balances(19,353) 3,448 (56,374) 359 257 (3,772) (75,435) Fund balances-beginning84,549 46,463 61,903 21,452 14,065 31,374 259,806 Fund balances-ending$ 65,196 $ 49,911 $ 5,529 $ 21,811 $ 14,322 $ 27,602 $ 184,371 Special Revenue FundsCITY OF JEFFERSON, MISSOURICombining Statement of Revenues, Expenditures, and Changes in Fund BalancesNonmajor Governmental FundsFor the Year Ended October 31, 202195
I-1
Original Final
Budgetary fund balance, November 1 $ 84,549 $ 84,549 $ 84,549 $ -
Resources (inflows):
Fines and forfeitures 7,200 7,200 6,386 (814)
Investment earnings 1,200 1,200 1,302 102
Amounts available for appropriation 92,949 92,949 92,237 (712)
Charges to appropriations (outflows):
Current:
Public safety 30,000 30,000 27,041 2,959
Total charges to appropriations 30,000 30,000 27,041 2,959
Budgetary fund balance, October 31 $ 62,949 $ 62,949 $ 65,196 $ 2,247
I-2
Original Final
Budgetary fund balance, November 1 $ 46,463 $ 46,463 $ 46,463 $ -
Resources (inflows):
Taxes 1,200,000 1,200,000 1,249,122 49,122
Investment earnings 2,400 2,400 2,329 (71)
Amounts available for appropriation 1,248,863 1,248,863 1,297,914 49,051
Charges to appropriations (outflows):
Tourism and economic development:
Other 1,176,000 1,176,000 1,224,140 (48,140)
Transfers out 26,400 26,400 23,863 2,537
Total charges to appropriations 1,202,400 1,202,400 1,248,003 (45,603)
Budgetary fund balance, October 31 $ 46,463 $ 46,463 $ 49,911 $ 3,448
CITY OF JEFFERSON, MISSOURI
CITY OF JEFFERSON, MISSOURI
Budgetary Comparison Schedule
Police Training Fund
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
Amounts Final Budget
Amounts Final Budget
Budgetary Comparison Schedule
Lodging Tax Fund
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
96
I-3
Original Final
Budgetary fund balance, November 1 $ 61,903 $ 61,903 $ 61,903 $ -
Resources (inflows):
Investment earnings 2,000 2,000 121 (1,879)
Contributions - - 2,625 2,625
Amounts available for appropriation 63,903 63,903 64,649 746
Charges to appropriations (outflows):
Current:
Maintenance 1,800 1,800 540 1,260
Capital outlays 200 59,101 58,580 521
Total charges to appropriations 2,000 60,901 59,120 1,781
Budgetary fund balance, October 31 $ 61,903 $ 3,002 $ 5,529 $ 2,527
I-4
Original Final
Budgetary fund balance, November 1 $ 21,452 $ 21,452 $ 21,452 $ -
Resources (inflows):
Investment earnings 350 350 373 23
Contributions - - 28 28
Amounts available for appropriation 21,802 21,802 21,853 51
Charges to appropriations (outflows):
Special projects:
History books - - 42 (42)
Total charges to appropriations - - 42 (42)
Budgetary fund balance, October 31 $ 21,802 $ 21,802 $ 21,811 $ 9
CITY OF JEFFERSON, MISSOURI
CITY OF JEFFERSON, MISSOURI
Budgetary Comparison Schedule
JC Veterans Plaza Trust
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
Amounts Final Budget
Amounts Final Budget
Budgetary Comparison Schedule
City Hall Art Trust Fund
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
97
I-5
Original Final
Budgetary fund balance, November 1 $ 14,065 $ 14,065 $ 14,065 $ -
Resources (inflows):
Investment earnings 240 240 257 17
Amounts available for appropriation 14,305 14,305 14,322 17
Charges to appropriations (outflows):
Current:
Other - - - -
Total charges to appropriations - - - -
Budgetary fund balance, October 31 $ 14,305 $ 14,305 $ 14,322 $17
I-6
Original Final
Budgetary fund balance, November 1 $ 31,374 $ 31,374 $ 31,374 $-
Resources (inflows):
Investment earnings 540 540 568 28
Amounts available for appropriation 31,914 31,914 31,942 28
Charges to appropriations (outflows):
Cemetery maintenance 7,700 7,700 4,340 3,360
Capital outlay 2,000 2,000 - 2,000
Total charges to appropriations 9,700 9,700 4,340 5,360
Budgetary fund balance, October 31 $ 22,214 $ 22,214 $ 27,602 $5,388
Budgeted Amounts Actual Variance with
CITY OF JEFFERSON, MISSOURI
Budgetary Comparison Schedule
USS JC Submarine Fund
For the Year Ended October 31, 2021
Amounts Final Budget
Amounts Final Budget
CITY OF JEFFERSON, MISSOURI
Budgetary Comparison Schedule
Woodland Cemetery Fund
For the Year Ended October 31, 2021
Budgeted Amounts Actual Variance with
98
NON-MAJOR ENTERPRISE FUNDS
Enterprise funds account for operations that are financed and operated in a manner similar to private enterprises,
where the intent of the City is that the costs of providing goods or services to the general public on a continuing basis
be financed or recovered primarily through user charges; or where the City has decided that periodic determination of
net income is appropriate for accountability purposes.
Airport - Accounts for the operations of the City owned airport facility in north Jefferson City.
Parking - Accounts for the operations of a 542 car parking garage on the southeast corner of Madison Street and
Capitol Avenue, the parking garage on the Jefferson lot, 13 reserved parking lots, 5 metered lots, and 760 on street
parking meters, including collection and enforcement.
99
H-3
Airport Parking Totals
ASSETS:
Current assets:
Cash and cash equivalents $ 151,718 $ 5,321,037 $ 5,472,755
Receivables (net of allowance
for uncollectibles):
Accounts 22,622 19,461 42,083
Receivables from other governments 75,732 - 75,732
Prepaid items 3,147 3,829 6,976
Total current assets 253,219 5,344,327 5,597,546
Noncurrent assets:
Restricted assets:
Net pension asset 255,450 801,495 1,056,945
Capital assets:
Land 2,318,767 1,893,617 4,212,384
Improvements other than buildings 13,743,501 281,888 14,025,389
Buildings and equipment 620,665 5,912,030 6,532,695
Less accumulated depreciation (8,538,447) (5,958,365) (14,496,812)
Total noncurrent assets 8,399,936 2,930,665 11,330,601
Total assets 8,653,155 8,274,992 16,928,147
DEFERRED OUTFLOWS OF RESOURCES:
Deferred outflows related to pensions 14,021 13,388 27,409
Deferred outflows related to OPEB 3,866 7,249 11,115
Total deferred outflows of resources 17,887 20,637 38,524
LIABILITIES:
Current liabilities:
Accounts payable 21,896 4,823 26,719
Retainage payable 189 - 189
Accrued liabilities 8,093 15,227 23,320
Deposits 500 560 1,060
Compensated absences 2,428 4,680 7,108
Unearned revenue - 45,483 45,483
Total current liabilities 33,106 70,773 103,879
Noncurrent liabilities:
Compensated absences 24,552 47,324 71,876
Net OPEB liability 18,086 33,912 51,998
Total noncurrent liabilities 42,638 81,236 123,874
Total liabilities 75,744 152,009 227,753
DEFERRED INFLOWS OF RESOURCES:
Deferred inflows related to pensions 170,352 506,091 676,443
Deferred inflows related to OPEB 3,525 6,609 10,134
Total deferred inflows of resources 173,877 512,700 686,577
NET POSITION:
Net investment in capital assets 8,144,486 2,129,171 10,273,657
Restricted for:
Pensions/OPEB 81,374 275,520 356,894
Unrestricted 195,561 5,226,229 5,421,790
Total net position $ 8,421,421 $ 7,630,920 $ 16,052,341
Business-type Activities
CITY OF JEFFERSON, MISSOURI
Combining Statement of Net Position
Non-major Proprietary Funds
October 31, 2021
100
H-4
Airport Parking Totals
Operating Revenues:
Charges for services $ 174,977 $ 855,781 $ 1,030,758
Miscellaneous 9,159 33,837 42,996
Total operating revenues 184,136 889,618 1,073,754
Operating Expenses:
Personnel services 168,551 312,061 480,612
Contractual services 121,209 214,977 336,186
Material and supplies 17,190 17,170 34,360
Repairs and maintenance 42,283 137,346 179,629
Utilities 11,648 20,687 32,335
Depreciation 963,287 51,653 1,014,940
Other operating 263,932 14,367 278,299
Total operating expenses 1,588,100 768,261 2,356,361
Operating income (loss) (1,403,964) 121,357 (1,282,607)
Nonoperating revenue (expenses):
Intergovernmental 21,549 - 21,549
Interest and investment revenue 3,102 93,797 96,899
Sales of assets (Loss on sale)18,513 - 18,513
Total nonoperating revenues (expenses)43,164 93,797 136,961
Income (loss) before capital contributions and transfers (1,360,800) 215,154 (1,145,646)
Capital contributions 229,797 - 229,797
Transfers in 325,742 - 325,742
Change in net position (805,261) 215,154 (590,107)
Net position-beginning 9,226,682 7,415,766 16,642,448
Net position-ending $ 8,421,421 $ 7,630,920 $ 16,052,341
Business-type Activities
CITY OF JEFFERSON, MISSOURI
Combining Statement of Revenues, Expenses, and Changes in Net Position
Non-major Proprietary Funds
For the Year Ended October 31, 2021
101
H-5
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers $ 172,978 $ 888,223 $ 1,061,201
Payments to suppliers (412,719) (228,344) (641,063)
Payments to employees (213,431) (452,035) (665,466)
Payments to other funds for services provided (73,555) (179,795) (253,350)
Net cash provided (used) by operating activities (526,727) 28,049 (498,678)
CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES
Operating subsidies and transfers from other funds 325,742 - 325,742
Operating subsidies from other governments 161,529 - 161,529
Net cash provided (used) by noncapital
financing activities 487,271 - 487,271
CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES
Capital grants 229,797 - 229,797
Purchases of capital assets (290,661) (24,970) (315,631)
Sale of assets 18,513 - 18,513
Net cash provided (used) by capital and
related financing activities (42,351) (24,970) (67,321)
CASH FLOWS FROM INVESTING ACTIVITIES
Interest and dividends 3,101 93,799 96,900
Net cash provided (used) by investing activities 3,101 93,799 96,900
Net increase (decrease) in cash and cash equivalents (78,706) 96,878 18,172
Balances-beginning of the year 230,424 5,224,159 5,454,583
Balances-end of the year $ 151,718 $ 5,321,037 $ 5,472,755
Reconciliation of operating income (loss) to net
cash provided (used) by operating activities:
Operating income (loss) $ (1,403,964) $ 121,357 $ (1,282,607)
Adjustments to reconcile operating income to net cash
provided (used) by operating activities:
Depreciation expense 963,287 51,653 1,014,940
Change in assets, deferred outflows, deferred inflows, and liabilities:
Receivables, net (11,158) (2,004) (13,162)
Prepaid items (197) (240) (437)
Deferred outflows 28,513 84,629 113,142
Accounts and other payables (274,369) (722,889) (997,258)
Deferred inflows 171,161 495,543 666,704
Net cash provided (used) by operating activities $ (526,727) $28,049 $(498,678)
Airport Parking Totals
CITY OF JEFFERSON, MISSOURI
Combining Statement of Cash Flows
Non-major Proprietary Funds
For the Year Ended October 31, 2021
Business-type Activities
102
INTERNAL SERVICE FUNDS
Internal service funds account for the Self-Insurance Workers Compensation Fund
and the Self-Funded Health Insurance Fund.
Worker’s Compensation - This is a self-insured fund established in 1991 to directly pay for
on-the-job or job related sickness and injuries. The plan was implemented as a cost containment
measure in lieu of using the State of Missouri fund or private insurance.
Self-Funded Health Insurance - This is a self-insured fund established in 2016 to self-fund the
health insurance program offered to City employees. Costs of the program are accounted for in an
Internal Service Fund, in which services provided under the health insurance program are billed to
the funds benefiting from the service.
103
H-6
ASSETS:
Current assets:
Cash and cash equivalents $ 303,653 $ - $ 303,653
Receivables (net of allowance
for uncollectibles):
Accounts 154,683 145,714 300,397
Receivables from other governments - 355,572 355,572
Current restricted assets:
Cash and cash equivalents 2,411 - 2,411
Total current assets 460,747 501,286 962,033
Noncurrent assets:
Restricted assets:
Investments 197,589 - 197,589
Total noncurrent assets 197,589 - 197,589
Total assets 658,336 501,286 1,159,622
LIABILITIES:
Current liabilities:
Due to other funds - 89,239 89,239
Claims & judgments 132,424 304,436 436,860
Total current liabilities 132,424 393,675 526,099
Noncurrent liabilities:
Claims and judgments 324,208 - 324,208
Total noncurrent liabilities 324,208 - 324,208
Total liabilities 456,632 393,675 850,307
NET POSITION:
Restricted for:
Statutory Obligations 200,000 - 200,000
Unrestricted 1,704 107,611 109,315
Total net position $ 201,704 $ 107,611 $ 309,315
CITY OF JEFFERSON, MISSOURI
Combining Statement of Net Position
Internal Service Funds
October 31, 2021
Worker's
Compensation
Self-Funded
Health Insurance
Total Internal
Service Funds
104
H-7
Operating Revenues:
Miscellaneous $ 23,334 $ 59,179 $ 82,513
Premiums 802,000 4,905,792 5,707,792
Total operating revenues 825,334 4,964,971 5,790,305
Operating Expenses:
Contractual services 200,508 22,650 223,158
Claims expense 445,603 5,265,851 5,711,454
Other operating - 9,240 9,240
Total operating expenses 646,111 5,297,741 5,943,852
Operating income (loss) 179,223 (332,770) (153,547)
Nonoperating revenue (expenses):
Intergovernmental - 355,572 355,572
Interest and investment revenue 4,443 - 4,443
Total nonoperating revenues (expenses) 4,443 355,572 360,015
Income (loss) before capital contributions and transfers 183,666 22,802 206,468
Change in net position 183,666 22,802 206,468
Net position-beginning (deficit)18,038 84,809 102,847
Net position-ending $ 201,704 $ 107,611 $ 309,315
CITY OF JEFFERSON, MISSOURI
Combining Statement of Revenues, Expenses, and Changes in Net Position
Internal Service Funds
For the Year Ended October 31, 2021
Worker's
Compensation
Self-Funded
Health Insurance
Total Internal
Service Funds
105
H-8
CASH FLOWS FROM OPERATING ACTIVITIES
Services provided to other funds $ 804,373 $ 5,016,481 $ 5,820,854
Payments to suppliers (350,306) (109,465) (459,771)
Claims paid (370,214) (5,265,851) (5,636,065)
Other receipts (payments) - 89,239 89,239
Net cash provided (used) by operating activities 83,853 (269,596) (185,743)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales and maturities of investments 200,000 - 200,000
Purchase of investments (202,045) - (202,045)
Interest and dividends 8,899 - 8,899
Net cash provided (used) by investing activities 6,854 - 6,854
Net increase (decrease) in cash and cash equivalents 90,707 (269,596) (178,889)
Balances-beginning of the year 215,357 269,596 484,953
Balances-end of the year $ 306,064 $ - $ 306,064
Reconciliation of operating income (loss) to net
cash provided (used) by operating activities:
Operating income (loss) $ 179,223 $ (332,770) $ (153,547)
Change in assets, deferred outflows, deferred inflows, and liabilities:
Receivables, net (20,961) 51,510 30,549
Accounts and other payables (74,409) 11,664 (62,745)
Net cash provided (used) by operating activities $83,853 $ (269,596) $ (185,743)
CITY OF JEFFERSON, MISSOURI
Combining Statement of Cash Flows
Internal Service Funds
For the Year Ended October 31, 2021
Compensation Health Insurance Service Funds
Worker's Self-Funded Total Internal
106
CAPITAL ASSETS
USED IN THE OPERATION
OF GOVERNMENT FUNDS
107
J-1
Governmental funds capital assets:2021 2020
Land $ 16,597,803 $ 15,826,146
Easements 511,913 511,913
Buildings 31,214,716 31,214,716
Improvements other than buildings 28,805,408 17,816,367
Machinery and equipment 21,940,731 22,485,152
Infrastructure 200,416,890 199,837,351
Construction in progress 7,325,833 10,995,848
Total governmental funds capital assets $ 306,813,294 $ 298,687,493
Investments in governmental funds capital assets by source:
General and capital projects funds $ 213,932,378 $ 212,765,230
Special revenue fund 48,518,598 42,261,261
Annexation 15,109,175 15,109,175
Donations 29,253,143 28,551,827
Total governmental funds capital assets $ 306,813,294 $ 298,687,493
This schedule presents only the capital asset balances related to governmental funds.
Accordingly, the capital assets reported in internal service funds are excluded from the
above amounts. Generally, the capital assets of internal service funds are included as
governmental activities in the statement of net position.
CITY OF JEFFERSON, MISSOURI
Capital Assets Used in the Operation of Governmental Funds
Comparative Schedules By Source
October 31, 2021 and 2020
108
CITY OF JEFFERSON, MISSOURIJ-2Capital Assets Used in the Operation of Governmental FundsSchedule By Function and ActivityOctober 31, 2021Improvements Machinery ConstructionOther Than and in LandEasementsBuildingsBuildingsEquipmentInfrastructureProgressTotalFunction and ActivityGeneral government: Entitlement grant $ - $ - $- $ 109,470 $- $ 284,205 $- $ 393,675 Court- - 619,795 - 163,883 - - 783,678 City clerk- - - - 11,842 - - 11,842 Finance - - - - 6,906 - - 6,906 Information technology systems- - - - 963,726 324,076 - 1,287,802 Other: Public buildings1,585,563 - 3,743,211 509,404 108,333 - - 5,946,511 Flood land2,574,702 - - - - - - 2,574,702 Total general government4,160,265 - 4,363,006 618,874 1,254,690 608,281 - 11,005,116 Public safety: Police82,749 - 4,770,523 1,378,497 4,428,787 - 334,010 10,994,566 Fire1,426,052 - 7,462,424 637,415 7,068,447 - 476,745 17,071,083 Total public safety1,508,801 - 12,232,947 2,015,912 11,497,234 - 810,755 28,065,649 Community Development Planning- - - - - - - - Redevelopment & grants49,117 - - - 78,500 - - 127,617 Building regulations- - - - - - - - Environmental health services- - - 24,500 21,539 - - 46,039 Property maintenance/Code enforcement- - - - 32,554 - - 32,554 Central maintenance97,287 - 337,884 - 158,676 - - 593,847 Engineering39,421 - - 305,466 294,503 - - 639,390 Streets38,037 - 2,181,118 20,732 4,323,656 - - 6,563,543 Land/Right-of-way under Streets6,706,397 - - - - - - 6,706,397 Easements- 511,913 - - - - - 511,913 Infrastructure- - - 4,975,990 - 197,103,562 1,923,080 204,002,632 Total community development6,930,259 511,913 2,519,002 5,326,688 4,909,428 197,103,562 1,923,080 219,223,932 Cultural and recreation Parks and recreation3,998,478 - 12,099,761 20,843,934 4,279,379 - 4,591,998 45,813,550 Infrastructure- - - - - 2,705,047 - 2,705,047 Total cultural and recreation3,998,478 - 12,099,761 20,843,934 4,279,379 2,705,047 4,591,998 48,518,597 Total governmental funds capital assets $ 16,597,803 $ 511,913 $ 31,214,716 $ 28,805,408 $ 21,940,731 $ 200,416,890 $ 7,325,833 $ 306,813,294 This schedule presents only the capital asset balances related to governmental funds.Accordingly, the capital assets reported in internal service funds are excluded from theabove amounts. Generally, the capital assets of internal service funds are included asgovernmental activities in the statement of net position.109
CITY OF JEFFERSON, MISSOURI J-3
Capital Assets Used in the Operation of Governmental Funds
Schedule of Changes By Function and Activity
For the Year Ended October 31, 2021
Governmental Governmental
Funds Capital Funds Capital
Assets Assets
October 31, 2020 Additions Deductions October 31, 2021
Function and Activity
General government:
Entitlement grant $ 393,675 $ - $ - $ 393,675
Court 783,678 - - 783,678
City clerk 11,842 - - 11,842
Finance 6,906 - - 6,906
Information technology systems 963,726 - - 963,726
Infrastructure 324,076 - - 324,076
Other:
Public buildings 5,806,551 139,960 - 5,946,511
Flood land 2,574,702 - - 2,574,702
Total general government 10,865,156 139,960 - 11,005,116
Public safety:
Police 10,573,041 409,764 322,249 10,660,556
Fire 15,937,293 713,566 56,521 16,594,338
Total public safety 26,510,334 1,123,330 378,770 27,254,894
Community development
Planning 21,538 - 21,538 -
Redevelopment & grants 127,617 - - 127,617
Building regulations 67,583 - 67,583 -
Environmental health services 89,116 - 43,077 46,039
Central maintenance 593,847 - - 593,847
Property maintenance 118,290 - 85,736 32,554
Engineering 777,336 - 137,946 639,390
Streets 6,719,283 13,000 168,740 6,563,543
Land/Right-of-way under Streets 6,706,397 - - 6,706,397
Easements 511,913 - - 511,913
Infrastructure 199,559,838 2,519,714 - 202,079,552
Total community development 215,292,758 2,532,714 524,620 217,300,852
Cultural and recreation
Parks and recreation 32,318,350 9,000,597 97,395 41,221,552
Infrastructure 2,705,047 - - 2,705,047
Total cultural and recreation 35,023,397 9,000,597 97,395 43,926,599
Total governmental funds capital assets $287,691,645 $ 12,796,601 $ 1,000,785 $ 299,487,461
Construction in Progress:
General government $- $- $- $-
Parks and recreation 7,248,346 6,306,899 8,963,247 4,591,998
Streets infrastructure 3,425,137 1,017,657 2,519,714 1,923,080
Other 322,365 835,255 346,865 810,755
Total contruction in progress $10,995,848 $ 8,159,811 $ 11,829,826 $ 7,325,833
Total investment in capital assets $298,687,493 $ 20,956,412 $ 12,830,611 $ 306,813,294
This schedule presents only the capital asset balances related to governmental funds.
Accordingly, the capital assets reported in internal service funds are excluded from the
above amounts. Generally, the capital assets of internal service funds are included as
governmental activities in the statement of net position.
110
STATISTICAL
SECTION
111
STATISTICAL SECTION
This part of the City of Jefferson’s comprehensive annual financial report presents detailed
information as a context for understanding what the information in the financial statements, note
disclosures, and required supplementary information says about the government’s overall
financial health.
Contents
Page Financial Trends 113
These schedules contain trend information to help the reader understand
how the governments’s financial performance and well-being have
changed over time.
Revenue Capacity
119 These schedules contain information to help the reader assess the
government’s most significant local revenue source, sales tax.
Debt Capacity
126
These schedules present information to help the reader assess the
affordability of the government’s current levels of outstanding debt and the
government’s ability to issue additional debt in the future.
Demographic and Economic Information 131
These schedules offer demographic and economic indicators to help the
reader understand the environment within which the government’s
financial activities take place.
Operating Information
133 These schedules contain service and infrastructure data to help the reader
understand how the information in the government’s financial report
relates to the services the government provides and the activities it
performs.
Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual financial reports
for the relevant year.
112
2012201320142015201620172018201920202021Governmental activities Net investment in capital assets$118,566,434 $116,124,963 $118,495,660 $120,212,246 $128,207,685 $134,041,897 $133,523,482 $132,961,604 $140,497,421 $136,447,123 Restricted13,801,552 14,755,634 13,836,281 15,683,571 12,582,749 12,193,858 13,596,784 10,195,459 9,540,154 17,334,737 Unrestricted5,437,482 4,756,655 6,274,785 477,5682,410,741 (6,728,666) (2,909,220) 2,570,983 (2,249,655) 10,856,288Total governmental activities net position$137,805,468 $135,637,252 $138,606,726 $136,373,385 $143,201,175 $139,507,089 $144,211,046 $145,728,046 $147,787,920 $164,638,148Business-type activities Net investment in capital assets$49,674,810 $48,893,581 $42,459,708 $57,478,203 $60,435,926 $61,355,299 $62,290,002 $61,630,070 $61,475,133 $62,564,955 Restricted4,577,210 2,818,846 4,211,475 7,516,9694,227,319 4,841,393 5,958,147 5,960,928 6,326,046 7,213,296 Unrestricted4,558,727 8,892,901 15,065,220 5,260,9748,669,190 8,479,417 7,165,360 8,809,622 8,434,555 7,461,070Total business-type activities net position$58,810,747 $60,605,328 $61,736,403 $70,256,146*$73,332,435 $74,676,109 $75,413,509 $76,400,620 $76,235,734 $77,239,321Primary government Net investment in capital assets$168,241,244 $165,018,544 $160,955,368 $177,690,449 $188,643,611 $195,397,196 $195,813,484 $194,591,674 $201,972,554 $199,012,078 Restricted18,378,762 17,574,480 18,047,756 23,200,540 16,810,068 17,035,251 19,554,931 16,156,387 15,866,200 24,548,033 Unrestricted9,996,209 13,649,556 21,340,005 5,738,542 11,079,931 1,750,751 4,256,140 11,380,605 6,184,900 18,317,358Total primary government activities net position$196,616,215 $196,242,580 $200,343,129 $206,629,531 $216,533,610 $214,183,198 $219,624,555 $222,128,666 $224,023,654 $241,877,469*The net position of business-type activities was restated to reflect the adoption of GASB Statement No. 68, Accounting and Financial Reporting for Pensions, as amended by GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date.CITY OF JEFFERSON, MISSOURINet Position by ComponentLast Ten Fiscal Years(accrual basis of accounting)113
Expenses2012201320142015201620172018201920202021Governmental activities: General government$7,343,140 $7,615,659 $5,977,243$6,090,518 $886,115 $10,942,357 $6,415,042 $4,428,872 $1,463,381 $7,367,653 Public safety18,469,673 17,719,009 17,449,482 18,638,206 17,147,856 30,569,479 17,602,637 19,171,208 20,120,476 16,262,844 Community development11,833,352 14,410,449 15,175,137 12,123,795 12,951,871 13,481,422 13,988,575 14,893,432 15,055,266 14,609,472 Cultural and recreation6,722,411 5,683,676 6,638,378 6,711,667 12,105,604 2,967,251 7,430,214 9,911,023 13,989,198 5,617,349 Interest on long-term debt3,2626,672 14,605 - - 663,853 117,133 47,220 222,397 253,699 Total governmental activities expenses44,371,838 45,435,465 45,254,845 43,564,186 43,091,446 58,624,362 45,553,601 48,451,755 50,850,718 44,111,017Business-type activities: Wastewater8,715,736 9,121,9009,626,406 10,365,892 10,834,575 11,196,930 11,189,218 12,471,554 13,025,301 10,173,684 Water32- - - - - - - - - Airport595,746 589,241 611,216 636,229645,311 719,872 1,566,462 1,606,834 1,562,151 1,585,881 Parking789,367 825,745 849,881 854,406868,399 957,093 900,551 825,714 917,674 766,514 Transit2,701,193 2,533,094 2,697,888 2,945,168 2,923,807 2,912,755 2,939,414 2,757,987 2,898,404 2,474,424Total business-type activities expenses12,802,074 13,069,980 13,785,391 14,801,695 15,272,092 15,786,650 16,595,645 17,662,089 18,403,530 15,000,503Total primary government expenses$57,173,912 $58,505,445 $59,040,236 $58,365,881 $58,363,538 $74,411,012 $62,149,246 $66,113,844 $69,254,248 $59,111,520Program RevenuesGovernmental activities: Charges for services: General government$1,562,864 $1,811,738 $1,804,045 $2,159,316 $2,271,973 $2,243,034 $2,279,587 $2,209,559 $2,191,219 $2,212,187 Public safety1,244,519 1,403,041 1,415,712 1,435,845 1,390,273 1,299,350 1,254,158 1,205,831 1,048,277 1,070,177 Community development1,519,309 1,024,935805,576 768,463 835,024 943,260 1,020,201 1,064,508 1,274,890 1,075,804 Cultural and recreation1,701,663 1,692,3951,812,254 1,853,613 2,013,969 2,239,193 2,391,800 2,539,743 2,504,930 3,048,389 Operating grants and contributions2,914,432 2,258,055 3,881,626 2,614,754 2,898,038 2,974,494 2,804,979 3,152,113 5,520,772 7,016,643 Capital grants and contributions6,727,873 2,617,542 4,686,143 4,582,044 5,043,425 9,580,655 1,195,546 3,107,206 3,825,569 6,301,791Total governmental activities program revenues 15,670,660 10,807,706 14,405,356 13,414,035 14,452,702 19,279,986 10,946,271 13,278,960 16,365,657 20,724,991Business-type activities: Charges for services: Wastewater9,090,009 9,288,076 9,573,325 10,155,178 10,801,343 11,171,366 11,562,862 11,562,345 11,460,941 11,506,334 Airport123,957 152,171 131,852 181,726 189,042 172,504 160,186 184,543 117,912 174,977 Parking1,061,862 1,036,486 1,056,109 1,109,797 1,134,660 1,081,816 1,122,039 1,120,412 873,385 855,781 Transit229,124 220,298 217,698 214,150 204,257 191,717 186,787 232,462 138,963 147,356 Operating grants and contributions984,268 1,082,556 1,131,889 1,147,824 1,130,405 1,178,539 1,169,604 1,162,330 1,950,752 1,496,501 Capital grants and contributions821,345 745,380 1,082,360 5,902,401 1,934,757 691,871 703,394 1,507,967 1,342,403 641,808 Total business-type activities program revenues 12,310,565 12,524,967 13,193,233 18,711,076 15,394,464 14,487,813 14,904,872 15,770,059 15,884,356 14,822,757Total primary government program revenues $27,981,225 $23,332,673 $27,598,589 $32,125,111 $29,847,166 $33,767,799 $25,851,143 $29,049,019 $32,250,013 $35,547,748CITY OF JEFFERSON, MISSOURIChanges in Net Position Last Ten Fiscal Years(accrual basis of accounting)114
2012201320142015201620172018201920202021Net (expense) revenueGovernmental activities($28,701,178) ($34,627,759) ($30,849,489) ($30,150,151) ($28,638,744) ($39,344,376) ($34,607,330) ($35,172,795) ($34,485,061) ($23,386,026)Business-type activities(491,509) (545,013) (592,158)3,909,381 122,372 (1,298,837) (1,690,773) (1,892,030) (2,519,174) (177,746)Total primary government net expense($29,192,687) ($35,172,772) ($31,441,647) ($26,240,770) ($28,516,372) ($40,643,213) ($36,298,103) ($37,064,825) ($37,004,235) ($23,563,772)General Revenues and Other Changes in Net PositionGovernmental activities: Taxes Sales taxes and other user taxes$20,144,663 $20,213,180 $21,125,412 $22,628,475 $23,015,744 $23,656,655 $23,891,622 $24,155,498 $25,260,601 $26,584,704 Property taxes5,176,442 5,190,439 5,135,715 5,188,759 5,214,737 5,362,603 5,420,869 5,396,050 5,522,666 5,767,561 Franchise/utility license taxes8,170,738 7,287,504 7,669,316 7,294,904 7,258,460 7,058,070 7,687,404 6,693,922 6,213,429 6,272,140 Investment earnings400,145 414,868 374,779 377,858 424,385 433,715 406,718 396,943 460,532 477,584 Miscellaneous382,302 533,266 345,831 483,339 1,033,442 506,110 449,967 1,557,454 518,375 2,071,473 Transfers(1,460,126) (879,401)(832,090) (1,515,275) (1,480,234)(1,366,863) (1,503,960) (1,510,072) (1,430,668) (937,208)Total governmental activities32,814,164 32,759,856 33,818,963 34,458,060 35,466,534 35,650,290 36,352,620 36,689,795 36,544,935 40,236,254Business-type activities: Investment earnings1,433,006 1,384,525 1,335,879 1,281,939 1,187,179 1,186,959 1,057,561966,364 812,845 191,893 Miscellaneous(56,505) 75,668 191,996 68,769 286,504 88,689 108,529 402,705 110,776 286,060 Transfers1,460,126 879,401 832,0901,515,275 1,480,234 1,366,863 1,503,960 1,510,072 1,430,668 937,208Total business-type activities2,836,627 2,339,594 2,359,9652,865,983 2,953,917 2,642,511 2,670,050 2,879,141 2,354,289 1,415,161Total primary government$35,650,791 $35,099,450 $36,178,928 $37,324,043 $38,420,451 $38,292,801 $39,022,670 $39,568,936 $38,899,224 $41,651,415Changes in Net PositionGovernmental activities$4,112,986 ($1,867,903) $2,969,474 $4,307,909 $6,827,790 ($3,694,086) $1,745,290 $1,517,000 $2,059,874 $16,850,228Business-type activities2,345,118 1,794,581 1,767,8076,775,364 3,076,289 1,343,674 979,277 987,111 (164,885) 1,237,415Total change in net position$6,458,104 ($73,322) $4,737,281$11,083,273 $9,904,079 ($2,350,412) $2,724,567 $2,504,111 $1,894,989 $18,087,643CITY OF JEFFERSON, MISSOURIChanges in Net Position (continued)Last Ten Fiscal Years(accrual basis of accounting)115
FiscalSales PropertyUtilityCigaretteLodgingYearTax TaxTaxTaxTaxTotal 201218,993,278$ 5,176,442$ 8,170,738$ 134,435$ 1,016,950$ 33,491,843$ 201318,983,2495,190,4397,287,504128,2231,101,70832,691,123201419,854,1245,135,7157,669,316121,7811,149,50733,930,443201521,376,5315,188,7597,294,904120,6581,131,28535,112,138201621,717,5965,214,7377,258,460119,1471,179,00135,488,941201722,297,3765,362,6037,058,070114,2331,245,04636,077,328201822,569,5775,420,8697,687,404107,4601,214,58536,999,895201922,708,5815,396,0506,693,92298,6181,348,29936,245,470202024,136,1725,522,6666,213,42996,7761,027,65236,996,696202125,240,7775,767,5616,272,14094,8051,249,12238,624,405 CITY OF JEFFERSON, MISSOURIGovernmental Activities Tax Revenues by SourceLast Ten Fiscal Years(accrual basis of accounting)116
2012201320142015201620172018201920202021 General Fund Nonspendable232,441$ 282,373$ 252,625$ 241,242$ 377,934$ 403,711$ 466,700$ 460,896$ 453,087$ 552,210$ Restricted167,543 193,967 324,674 312,638 298,003 241,658 251,090 338,645 431,005 505,131 Committed165,306 113,200 48,550 1,831,544 1,540,785 433,562 949,331 115,000 338,986 382,208 Assigned- - - - - - - - - 790,918 Unassigned4,681,316 4,944,983 6,466,439 7,010,330 8,844,970 9,231,503 8,289,017 7,181,863 6,845,662 8,000,255 Total General Fund5,246,606$ 5,534,523$ 7,092,288$ 9,395,754$ 11,061,692$ 10,310,434$ 9,956,138$ 8,096,404$ 8,068,740$ 10,230,722$ All other governmental funds Nonspendable18,479$ 1,340$ 1,360$ 1,298$ 1,298$ 1,277$ 1,214$ 29,692$ 32,174$ 34,204$ Restricted: Parks6,412,064 7,191,904 8,193,448 9,533,750 6,753,629 4,653,567 5,719,653 3,277,785 3,224,890 7,539,521 Capital projects 6,798,414 6,968,580 4,941,338 5,515,637 5,531,117 7,298,633 7,626,041 6,579,029 5,884,259 9,090,085 Police training- - - - 36,318 40,632 58,059 73,471 84,549 65,196 Lodging tax- - - - 29,879 43,108 42,852 45,064 46,464 49,911 JC Veterans Plaza- - - - 129,738 132,324 131,158 129,526 61,902 5,529 City Hall Art- - - - 18,727 19,143 19,570 19,923 20,343 20,744 USS Jefferson City Submarine- - - - 16,840 17,175 13,568 13,813 14,065 14,322 Woodland Cemetery- - - - 44,842 43,393 39,423 30,812 31,374 27,602 Other purposes352,206 359,679 326,345 289,270 - - - - - - Committed- - - - - - - 4,630,976 6,839,463 1,873,231 Total All Other Governmental Funds 13,581,163$ 14,521,503$ 13,462,491$ 15,339,955$ 12,562,388$ 12,249,252$ 13,651,538$ 14,830,091$ 16,239,483$ 18,720,345$ CITY OF JEFFERSON, MISSOURIFund Balances of Governmental FundsLast Ten Fiscal Years(modified accrual basis of accounting)Fiscal Year117
2012201320142015201620172018201920202021RevenuesSales and other user taxes21,688,707$ 20,213,180$ 21,125,412$ 22,628,475$ 23,015,744$ 23,656,655$ 23,891,622$ 24,155,498$ 25,260,601$ 26,584,704$ Property taxes5,178,611 5,237,547 5,190,969 5,261,508 5,267,657 5,419,824 5,484,475 5,447,766 5,571,683 5,834,154 Utility/franchise taxes7,430,945 7,289,415 7,670,316 7,295,904 7,258,960 7,060,237 7,687,404 6,695,255 6,213,429 6,271,140 Licenses, permits and fees1,048,494 750,254 828,254 760,615 818,420 897,213 911,495 999,288 1,192,052 1,035,569 Intergovernmental6,374,525 3,953,313 5,642,708 4,608,038 4,423,255 5,261,966 3,562,158 5,796,576 5,740,548 6,714,765 Local grants- - - - - - - - 78,065 3,345,904 Charges for Services3,661,509 4,187,634 4,000,927 4,432,834 4,741,235 5,006,456 5,241,920 5,340,021 5,388,665 5,885,882 Fines and forfeitures1,008,168 994,220 1,008,406 1,023,787 951,585 821,174 792,331 680,331 438,599 485,105 Investment earnings374,975 391,884 352,551 361,156 406,004 417,668 384,174 373,687 445,087 473,140 Contributions- 188,663 209,725 176,879 317,104 334,912 335,096 364,083 382,999 388,918 Miscellaneous1,448,952 223,279 297,817 389,478 672,367 367,014 244,424 382,815 412,095 722,232 Total revenues48,214,886 43,429,389 46,327,085 46,938,674 47,872,331 49,243,119 48,535,099 50,235,320 51,123,823 57,741,513ExpendituresGeneral government7,935,233 6,478,306 5,940,300 5,725,817 5,473,387 5,667,308 5,923,438 6,349,279 6,250,285 6,556,518 Public Safety16,061,284 15,819,408 15,871,211 16,026,365 16,510,754 17,230,032 17,920,197 18,391,085 18,431,354 18,688,025 Community development7,480,827 6,784,987 8,537,749 6,969,904 7,373,632 7,654,282 7,969,032 8,177,317 8,549,008 8,571,874 Cultural and recreation5,449,562 5,413,554 5,400,290 5,572,731 6,037,672 6,459,097 6,556,633 6,842,304 7,240,909 7,657,219 Capital outlay13,245,272 7,135,462 8,902,901 7,025,382 12,479,889 16,906,542 6,619,392 10,421,083 14,553,522 11,167,905 Debt service Principal76,399 - 370,524 - - 154,101 1,082,867 352,780 639,326 607,136 Interest3,262 - 21,277 - - 45,899 117,133 47,220 230,035 262,032 Total Expenditures50,251,839 41,631,717 45,044,252 41,320,199 47,875,334 54,117,261 46,188,692 50,581,068 55,894,439 53,510,709 Excess of revenues over (under) expenditures(2,036,953) 1,797,672 1,282,833 5,618,475 (3,003) (4,874,142) 2,346,407 (345,748) (4,770,616) 4,230,804 Other financing sources (uses)Proceeds from sale of assets31,530 309,986 48,010 77,729 377,208 139,070 205,543 1,174,639 106,280 1,349,245 Loan proceeds- - - - - 5,037,541 - - - - Issuance of debt- - - - - - - - 7,305,000 - Premium on issuance of debt- - - - - - - - 164,573 - Capital Contributions9,014 - - - - - - - 7,158 - Transfers in19,806 347,618 23,122 32,944 202,647 24,871 24,102 26,850 338,036 1,623,458 Transfers out(1,479,932) (1,227,018) (855,212) (1,548,218) (1,688,481) (1,391,734) (1,528,062) (1,536,922) (1,768,703) (2,560,666) Total other financing sources (uses)(1,419,582) (569,414) (784,080) (1,437,545) (1,108,626) 3,809,748 (1,298,417) (335,433) 6,152,344 412,037 Net change in fund balances(3,456,535)$ 1,228,258$ 498,753$ 4,180,930$ (1,111,629)$ (1,064,394)$ 1,047,990$ (681,181)$ 1,381,728$ 4,642,841$ Debt service as a percentage of noncapital expenditures0.21% 0.00% 0.97% 0.00% 0.00% 0.46% 2.88% 0.95% 1.99% 1.96%CITY OF JEFFERSON, MISSOURIChanges in Fund Balances of Governmental FundsLast Ten Fiscal Years(modified accrual basis of accounting)Fiscal Year118
TotalFiscalSales Motor Vehicle Gasoline Tax CigaretteLodgingSales and PropertyUtilityYearTax Tax Disbursement Disbursement TaxTax Other User Taxes TaxTaxTotal 201218,993,278$ 447,194$ 1,096,851$ 134,435$ 1,016,949$ 21,688,707$ 5,178,611$ 7,430,945$ 34,298,263$ 201318,983,248469,0111,091,729128,2231,101,708 21,773,9195,237,5477,289,41534,300,881201419,854,123512,5481,111,896121,7811,149,507 22,749,8555,190,9697,670,31635,611,140201521,376,532542,7001,147,135120,6581,131,285 24,318,3105,261,5087,295,90436,875,722201621,717,595556,6931,147,230119,1471,179,001 24,719,6675,267,6577,258,96037,246,284201722,297,385575,4001,162,718114,2231,245,046 25,394,7725,419,824 7,060,237 37,874,833201822,569,577583,3681,156,866107,4601,214,585 25,631,8555,484,475 7,687,404 38,803,734201922,708,580587,8991,166,60998,6181,348,299 25,910,0055,447,766 6,695,255 38,053,026202024,136,173597,6111,093,35696,7761,027,652 26,951,5675,571,683 6,213,429 38,736,679202125,240,778681,8731,165,34794,8051,249,122 28,431,9255,834,154 6,271,140 40,537,219CITY OF JEFFERSON, MISSOURIGeneral Governmental Tax Revenues By SourceLast Ten Fiscal Years(modified accrual basis of accounting)119
TotalDirect &Fiscal General Fund Capital Improvement ParksTotalCountyState OverlappingYearRateRateRate City Rate Rate RateRates 20121.000%0.500%0.500%2.000%1.500%4.225% 7.725%20131.000%0.500%0.500%2.000%1.500%4.225% 7.725%20141.000%0.500%0.500%2.000%1.500%4.225% 7.725%20151.000%0.500%0.500%2.000%1.500%4.225% 7.725%20161.000%0.500%0.500%2.000%1.500%4.225% 7.725%20171.000%0.500%0.500%2.000%1.500%4.225% 7.725%20181.000%0.500%0.500%2.000%1.500%4.225% 7.725%20191.000%0.500%0.500%2.000%1.500%4.225% 7.725%20201.000%0.500%0.500%2.000%1.500%4.225% 7.725%20211.000%0.500%0.500%2.000%1.500%4.225% 7.725% City of JeffersonCITY OF JEFFERSON, MISSOURISales Tax Rates Direct and Overlapping GovernmentsLast Ten Fiscal Years120
Percentage ofPercentage ofTotal TaxableTotal TaxableRetailRetailTaxpayerRankSalesRankSalesAmeren Missouri 121.18%24.01%Wal-Mart213.82%114.35%Target39.66%72.39%Dillion Stores48.40%43.06%MFA Petroleum56.24%Sam's Club63.33%Lowes Home Centers72.55%33.11%Menards82.37%62.63%Hy-Vee 91.84%52.94%Walgreens101.52%Schnucks81.83%Best Buy, Inc91.44%A T & T Mobility101.39% Totals70.91%37.13%Source: State of Missouri, Department of Revenue20212012CITY OF JEFFERSON, MISSOURIPrincipal Sales TaxpayersOctober 31, 2021121
FiscalAssessedYearTotal Taxable Total Direct Estimated Value of aEnded Residential AgriculturalCommercial 1PersonalAssessedTaxActualPercentage ofOctober 31PropertyPropertyProperty PropertyValueRateTaxable Value Actual Value 2012355,395,460$ 929,130$ 329,398,567$ 161,547,258$ 847,270,415$ 0.5561$ 3,392,257,467$ 24.98%2013357,602,180904,680 332,482,807157,397,748848,387,4150.5561 3,400,857,75324.95%2014361,333,140739,480 335,086,436156,554,546853,713,6020.5561 3,424,724,45224.93%2015364,536,160731,280 332,777,887158,731,376856,776,7030.5561 3,440,830,39324.90%2016367,304,150734,480 334,885,789160,211,277863,135,6960.5561 3,466,452,32524.90%2017369,260,340735,850 335,252,186178,061,610883,309,9860.5561 3,531,455,46825.01%2018372,686,830746,572 343,432,677177,039,181893,905,2600.5561 3,572,075,72425.02%2019376,119,907753,403 340,893,830177,187,380894,954,5200.5561 3,582,712,17524.98%2020379,794,997745,717 347,470,570182,328,228910,339,5120.5561 3,637,965,56025.02%2021381,444,052735,893 352,254,437192,546,152926,980,5340.5561 3,692,166,28725.11%Note: The County assesses real estate-residential property at 19% of actual taxable value, real estate-agricultural at 12%, real estate-commercial at 32% and personal property at 33 1/3%. Estimated actual value is calculated by dividing assessed value by those percentages. Tax rates are per $100 of assessed value. Tax assessment for 2020 relates to the City's fiscal year 2021.1 Includes local and state assessed railroad & utilities.Real PropertyCITY OF JEFFERSON, MISSOURIAssessed Value and Estimated Value of Taxable PropertyLast Ten Fiscal Years 122
TotalDirect &Fiscal Operating Debt Service Total Operating Debt Service Total Operating Debt Service Total OverlappingYear Rate Rate City Rate Rate Rate County Rate Rate Rate School Rate Rates 2012 0.5561$ -$ 0.5561$ 0.7018$ -$ 0.7018$ 3.6770$ -$ 3.6770$ 4.9349$ 2013 0.5561 - 0.55610.6973 - 0.69733.6770 - 3.6770 4.9304 2014 0.5561 - 0.55610.6891 - 0.68913.6934 - 3.6934 4.9386 2015 0.5561 - 0.55610.6901 - 0.69013.6928 - 3.6928 4.9390 2016 0.5561 - 0.55610.6655 - 0.66553.6928 - 3.6928 4.9144 2017 0.5561 - 0.55610.6687 - 0.66873.6928 - 3.6928 4.9176 2018 0.5561 - 0.55610.6743 - 0.67434.5428 - 4.5428 5.7732 2019 0.5561 - 0.55610.6641 - 0.66414.6928 - 4.6928 5.9130 2020 0.5561 - 0.55610.6722 - 0.67224.6928 - 4.6928 5.9211 2021 0.5561 - 0.55610.6346 - 0.63464.8686 - 4.8686 6.0593 Source: County Clerk's office/County AssessorNote: Tax assessment for 2020 relates to the City's fiscal year 2021.CITY OF JEFFERSON, MISSOURIProperty Tax Rates (Per $100 Assessed Valuation)City of JeffersonCountySchool DistrictDirect and Overlapping GovernmentsLast Ten Fiscal Years 123
Percentage ofPercentage ofTaxableTotal TaxableTaxableTotal TaxableAssessedAssessedAssessedAssessedTaxpayerValueRankValueValueRankValueMissouri American Water$19,265,340 12.08%$6,529,986 40.77%Conopco/Chesebrough/Unilever18,396,140 21.99%17,878,940 12.11%Wal-Mart8,832,000 30.95%10,438,704 21.23%Command Web Offset Co. Inc.8,666,380 40.94%Ameren Missouri/Union Electric8,487,957 50.92%Jefferson City Medical Center6,072,000 60.66%4,992,740 80.59%Central Missouri Realty5,720,000 70.62%5,505,180 50.65%Scholastic5,545,650 80.60%4,752,000 90.56%Wildwood Crossing LLC4,640,000 90.50%4,640,000 100.55%Menard3,504,770 100.38%5,161,083 60.61%Von Hoffman Press8,996,613 31.06%Capital Mall Inc/GGP Limited Partnership5,136,000 70.61% Totals$89,130,2379.64% $74,031,2468.74%Note: Tax assessment for 2020 relates to the City's fiscal year 2021Source: Cole County Collector of Revenue2021CITY OF JEFFERSON, MISSOURIPrincipal Property TaxpayersOctober 31, 20212012124
Fiscal Year Net Tax EndedLevy 1 for Collections inOctober 31 Fiscal YearAmount % of Levy Subsequent Years Amount % of Levy 20124,641,391$ 4,571,039$ 98.5%49,922$ 4,620,961$ 99.6%20134,647,526 4,574,81198.4%57,337 4,632,149 99.7%20144,676,700 4,514,12496.5%59,752 4,573,875 97.8%20154,693,499 4,558,91697.1%66,588 4,625,504 98.6%20164,728,336 4,589,28797.1%46,578 4,635,865 98.0%20174,838,766 4,720,21697.5%55,745 4,775,961 98.7%20184,896,931 4,761,80597.2%61,956 4,823,760 98.5%20194,902,680 4,760,93297.1%44,249 4,805,181 98.0%20204,986,954 4,874,23697.7%- 4,874,236 97.7%20215,076,231 4,978,70098.1%- 4,978,700 98.1%1 "Net Tax Levy" is the total levy less one percent collection fee by Counties.Fiscal Year of the Levy Total Collections to DateCITY OF JEFFERSON, MISSOURIProperty Tax Levies and CollectionsLast Ten Fiscal Years Collected within the125
General SpecialLong General TotalFiscal Obligation Assessment Capital Term Wastewater WastewaterParkingWater Obligation CapitalPrimaryPer Per CapitaYear Bonds BondsLeasesDebt BondsNotesBondsBondsBonds Leases GovernmentCapita 1Income2/3 2012 -$ -$ -$ -$ 37,805,000$ -$ -$ -$ -$ -$ 37,805,000$ 878$ 02013- - - 370,524 44,995,309- - - - - 45,365,8331,053 4.06%2014- - - - 58,280,645- - - - - 58,280,6451,353 5.26%2015- - - - 55,642,805- - - - - 55,642,8051,292 5.10%2016- - - - 62,387,824- - - - - 62,387,8241,448 5.85%2017- - - 4,883,440 58,631,974- - - - - 63,515,4141,474 5.94%2018- - - 3,800,572 54,716,324- - - - - 58,516,8961,358 5.37%2019- - - 3,447,792 50,620,774- - - - - 54,068,5661,255 4.68%2020- - - 10,270,401 46,651,384- - - - - 56,921,7851,321 4.71%2021- - - 9,654,932 42,184,339- - - - - 51,839,2711,199 4.27%Notes: Details regarding the city's outstanding debt can be found in the notes to the financial statements.1 See the Schedule of Demographic and Economic Statistics for population data. 2 Source: United States Census BureauGovernmental ActivitiesBusiness-Type ActivitiesCITY OF JEFFERSON, MISSOURIRatios of Outstanding Debt by TypeLast Ten Fiscal Years126
Percentage of EstimatedGeneral Actual TaxableFiscal Obligation Value of PerYear Bonds Service Fund Total Property Capita 2012 - - - - -2013 - - - - -2014 - - - - -2015 - - - - -2016 - - - - -2017 - - - - -2018 - - - - -2019 - - - - -2020 - - - - -2021 - - - - -Less: AmountsAvailable in DebtCITY OF JEFFERSON, MISSOURIRatios of General Bonded Debt OutstandingLast Ten Fiscal Years 127
EstimatedEstimatedShare of DebtPercentage OverlappingGovernment UnitOutstandingApplicable 1Debt Debt repaid with property taxes: Cole County$875,00061.26%$536,062Subtotal, overlapping debt536,062City of Jefferson direct debt9,654,932Total direct and overlapping debt$10,190,994 1The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated bydetermining the portion of the county's taxable assessed value that is within the government's boundaries and dividing it by the county's totaltaxable assessed value. Sources: Assessed value data used to estimate applicable percentages anddebt outstanding data provided by the Cole County (12/31/20 AnnualComprehensive Financial Report).CITY OF JEFFERSON, MISSOURIDirect and Overlapping Governmental Activities DebtAs of October 31, 2021 Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the city. This schedule estimates theportion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City of Jefferson. Thisprocess recognizes that, when considering the city's ability to issue and repay long-tern debt, the entire debt burden borne by the residents andbusinesses should be taken into account. However, this does not imply that every taxpayer is a resident and therefore responsible for repaying thedebt, of each overlapping government.128
2012201320142015201620172018201920202021Debt Limit: 10 percent of total assessed value-for general purposes$84,727,042 $84,838,742 $85,371,360 $85,677,670 $86,313,570 $88,330,999 $89,390,526 $89,495,452 $91,033,951 $92,698,053 10 percent of total assessed value-for specific improvements84,727,042 84,838,742 85,371,360 85,677,670 86,313,570 88,330,999 89,390,526 89,495,452 91,033,951 92,698,053 Total debt limitation169,454,084 169,677,484 170,742,720 171,355,340 172,627,138 176,661,996 178,781,052 178,990,904 182,067,902 185,396,107Total net debt applicable to limit----------Legal debt margin$169,454,084 $169,677,484 $170,742,720 $171,355,340 $172,627,138 $176,661,996 $178,781,052 $178,990,904 $182,067,902 $185,396,107Total net debt applicable to the limit as a percentage of debt limit----------CITY OF JEFFERSON, MISSOURILegal Debt Margin InformationLast Ten Fiscal Years129
SewerLess:Net FiscalCharges Operating Available Year and Other Expenses Revenue Principal Interest Coverage 201210,448,653$ 4,764,596$ 5,684,057$ 2,040,000$ 2,048,925$ 1.392013 10,585,111 5,106,704 5,478,407 2,150,000 1,564,622 1.472014 10,944,592 5,142,457 5,802,135 2,552,000 2,090,341 1.252015 11,367,177 5,405,800 5,961,377 2,984,000 2,212,611 1.152016 11,964,744 5,698,309 6,266,435 3,101,048 1,964,873 1.242017 12,267,295 5,834,648 6,432,647 3,637,800 2,083,465 1.122018 12,735,776 5,536,848 7,198,928 3,797,600 2,268,213 1.192019 12,641,983 6,812,546 5,829,437 3,977,500 2,091,095 0.962020 13,285,971 7,276,869 6,009,102 9,918,30011,911,058 0.512021 12,183,913 5,322,039 6,861,874 4,319,200 1,128,492 1.26Note: Details regarding the government's outstanding debt can be found in the notes to the financial statements.Sewer charges and other includes investment earnings. Operating expenses do not include interest or depreciation.1 An additional $6,015,000 in bonds were retired during fiscal year 2020 due to refunding which was part of a new bond issue.Debt ServiceSewer Revenue BondsCITY OF JEFFERSON, MISSOURIPledged-Revenue CoverageLast Ten Fiscal Years130
Fiscal YearPopulation 5Median Age 3Per CapitaIncome 3Personal IncomePopulation 25and Over, HighSchool Graduateor Higher Jefferson CitySchool DistrictSchoolEnrollment 4UnemploymentRate 5 2012 43,079 36.8 25,934$ 1,117,210,786$ n/a18,0175.1%201343,07937.525,699 1,107,087,221 n/a18,1634.8%201443,07937.225,349 1,092,009,571 n/a18,2313.9%201543,07937.924,763 1,066,765,277 n/a18,2843.4%201643,07937.424,810 1,068,789,990 n/a18,0793.4%201743,07937.825,315 1,090,544,885 90.9%8,0621.9%201843,07937.726,797 1,154,387,963 91.0%8,0471.9%201943,07937.928,073 1,209,356,767 91.1%8,1062.0%202043,079222 28,0723.0%202143,228222 27,9312.4%1 Education Level prior to 2017 is unavailable2 Figures for fiscal year are not yet availableSource: 3 United States Census Bureau4 Missouri Department of Elementary and Secondary Education (MODESE) 5 Missouri Economic Research and Information Center (MERIC)CITY OF JEFFERSON, MISSOURILast Ten Fiscal YearsDemographic and Economic Statistics131
PercentagePercentage of of Total TotalEmployerEmployees*RankEmployment EmployeesRankEmploymentState of Missouri14,174127.0%14,466128.3%Jefferson City Public Schools1,62723.1%1,33742.6%Capital Region Medical Center1,52732.9%1,43032.8%Scholastic, Inc.1,50042.9%2,18224.3%Central Bancompany1,02051.9%86271.7%SSM Health - St. Marys Hospital98261.9%1,02252.0%ABB, Inc86571.6%68081.3%Walmart Supercenter (2)66581.3%95561.9%Jefferson City Medical Group62991.2%58391.1%Unilever467100.9%Lincoln University500101.0% Totals23,45624,017 *Includes full and part-time employeesSource: Jefferson City Chamber of Commerce/United States Census Bureau2021CITY OF JEFFERSON, MISSOURIPrincipal EmployersOctober 31, 20212012132
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021Governmental activities: General government36.25 35.25 32.25 32.25 33.25 33.25 33.25 33.25 33.25 33.25 Public safety Police Police officers89.00 89.00 88.00 88.00 88.00 89.00 89.00 90.00 90.00 90.00 Civilians39.75 39.75 37.75 37.75 37.75 38.75 38.75 38.75 38.7538.75 Fire Firefighters and officials75.00 75.00 72.00 72.00 73.00 75.00 75.00 75.00 75.00 75.00 Civilians1.001.001.001.001.001.001.001.001.001.00 Planning & Protective Svcs/Public Works69.50 69.50 63.50 63.50 64.50 68.50 70.50 73.50 73.50 73.50 Cultural and recreation46.00 47.00 47.00 47.00 47.00 48.00 50.00 52.00 52.00 52.00Total governmental activities FT Employees356.50 356.50 341.50 341.50 344.50 353.50 357.50 363.50 363.50 363.50Business-type activities: Wastewater/Water35.00 35.00 35.00 35.00 35.00 36.00 36.00 36.00 36.00 36.00 Airport2.002.002.002.002.003.003.003.003.003.00 Parking7.507.507.507.507.507.507.507.507.507.50 Transit25.00 25.00 25.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00Total business-type activities FT Employees69.50 69.50 69.50 70.5070.50 72.50 72.50 72.50 72.50 72.50Total primary government FT Employees426.00 426.00 411.00 412.00 415.00 426.00 430.00 436.00 436.00 436.00Source: City of Jefferson Adopted BudgetFull-time Equivalent Employees as of October 31, CITY OF JEFFERSON, MISSOURIFull-time Equivalent City Government Employees by FunctionLast Ten Fiscal Years133
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021FunctionPolice Total # Activities Calls for Service67,570 64,719 65,888 67,067 67,986 64,117 58,235 57,423 46,478 46,140 Crimes Reported4,4734,0904,2104,2634,1304,1274,0133,9253,4123,233 Arrest/Detentions5,3035,0674,3665,2545,7144,8945,1034,8423,8133,728 Traffic Accidents1,2861,3001,2521,2981,3741,2111,2081,2881,0401,092 Traffic Citations11,808 11,278 10,925 11,787 10,719 11,3689,8937,1835,6714,564Fire Number of calls answered4,2324,2044,5824,6305,0604,6264,8375,1515,0565,663 Number of inspections conducted1,8321,8417331,6271,1951,5521,4001,6351,0291,391Planning and Protective Services Number of inspections on fixed food establishments***800800797720724705683 Number of property maintenance code violation cases investigated1,6881,7462,9061,3781,6673,2174,4245,3236,0117,928 Number of residential building permits issued2742532482353012142413943,0231,078 Number of commercial building permits issued132147155161167170167203522416 Number of building inspections for all disciplines** 1,8042,1212,0292,4592,8492,7565,3072,142Central Maintenance Number of vehicle/major equipment work orders completed2,9442,8432,8502,8412,9112,9552,9523,1902,9832,888Streets Number of square yards of pavement repair5,3634,6145,6633,6445,3115,7353,8273,6776,011 10,231 Number of lane miles receiving surface treatment15.833.523.716.118.616.712.412.540.935.2 Number of street miles swept5,1785,0636,3134,7216,5077,1773,8055,7555,5784,157Aiport Number of aircraft operations30,996 29,821 30,184 27,268 34,413 33,577 33,211 23,401 30,819 34,028 Number of aircraft based at the airport59586265696563606371Parking Parking violations20,779 20,155 17,637 19,678 21,813 20,523 20,584 19,905 11,268 12,911Transit Number of fixed routes9999999999 Number of fixed route revenue miles traveled291,242 252,887 253,451 291,744 296,449 294,479 295,049 293,925 288,040 306,077 Number of fixed route passengers, transfers included287,285 276,811 272,789 258,239 248,944 235,042 231,638 215,442 139,747 148,449 Number of Handi-Wheels passengers57,659 57,329 57,331 55,407 50,464 51,930 50,387 50,949 29,406 41,733Wastewater Number of service connections20,258 20,260 20,260 20,260 20,173 20,192 20,192 20,299 20,569 20,709 Daily average treatment in gallons6,000,000 6,000,000 5,890,000 5,897,000 8,877,000 7,157,000 9,779,153 11,732,617 7,819,726 8,331,640 Maximum daily design capacity in gallons11,000,000 11,000,000 11,000,000 11,000,000 11,000,000 11,000,000 11,000,000 11,000,000 11,000,000 11,800,000*Information for this timeframe not availableSource: Various city departments.CITY OF JEFFERSON, MISSOURIOperating Indicators by FunctionLast Ten Fiscal Years134
2012201320142015201620172018201920202021FunctionPolice Number of stations1 1 1 1 1 1 1 1 1 1 Number of patrol units34 34 34 34 34 34 32 32 32 32 Fire Number of stations 5 5 5 5 5 5 5 5 5 5 Public Works Area in square miles38 38 38 38 38 38 38 38 38 38 Center line miles of streets251 251 253 253 253 253 253 255.3 255.3 255.3 Number of street lights3,401 3,401 3,401 3,401 4,066 4,123 4,123 4,123 4,123 4,123 Number of parking spaces (surface lot and garage)2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 Number of fixed route buses12 12 12 12 12 12 12 12 12 12 Culture and Recreation Parks17 17 17 18 18 18 18 18 18 18 Parks acreage1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 RV Campground1 1 1 1 1 1 1 1 1 1 Primitive Campsite3 3 3 3 3 3 3 3 3 3 Golf Course - 18 hole1 1 1 1 1 1 1 1 1 1 Driving Range- 1 1 1 1 1 1 1 1 1 Swimming pools/aquatic centers2 2 2 2 2 2 2 2 2 2 Tennis courts - lighted7 7 7 7 7 7 7 11 11 12 Skate Park - lighted1 1 1 1 1 1 1 1 1 1 Handball/racquetball courts-lighted4 4 4 4 4 4 4 4 4 4 Horseshoe courts-lighted12 12 12 12 12 12 12 12 12 12 Bocce courts2 2 2 2 2 2 2 2 2 2 Sand volleyball courts-lighted2 2 2 2 3 3 3 3 3 3 Boat Ramps2 2 2 2 2 2 2 2 2 2 Radio controlled car track1 1 1 1 1 1 1 - - - Radio controlled flying field1 1 1 1 1 1 1 1 1 1 Amphitheater-lighted1 1 1 1 1 1 1 1 1 1 Rugby field1 1 1 1 1 1 1 1 1 1 Dog Park2 2 2 2 2 2 2 2 2 2 Indoor Ice Arena1 1 1 1 1 1 1 1 1 1 Playgrounds13 13 13 13 13 13 13 13 13 13 Lighted athletic game fields11 11 11 11 11 11 11 15 15 15 Unlighted athletic game fields2 2 2 2 2 2 2 2 2 3 Picnic shelters - rentable6 6 6 9 9 9 9 9 11 11 Indoor Pavilions/Multipurpose Rooms3 4 4 5 5 5 5 5 5 5 Multi-Use trails including mountain bike trails (miles)34 34 37 38 38 38 38 38 38 38 Lakes 3 3 3 3 3 3 3 3 3 3 Missouri River overlooks3 3 3 3 3 3 3 3 3 3 Rentable Garden Plots- 200 200 200 200 200 200 200 200 200 Practice Ball Fields- 12 12 12 12 12 12 12 12 12 Outdoor Basketball Courts- 8 8 8 8 8 8 8 9 9 Single Picnic Units w/ table & grill- 42 42 42 44 44 44 44 44 44 Splashpad- - - - - - - - - 1 The Linc Indoor Basketball Courts- - - - - 4 4 4 4 4 Indoor Volleyball Courts- - - - - 6 6 6 6 6 Fitness Center- - - - - 1 1 1 1 1 Cycling Room- - - - - 1 1 1 1 1 Meeting Rooms- - - - - 5 5 5 5 5 Walking Track- - - - - 1 1 1 1 1 Wastewater Miles of sanitary sewer425 429 432 436 436 437 437 440 442 443 Number of treatment plants2 2 2 2 2 2 2 2 2 2 Source: Various city departments.CITY OF JEFFERSON, MISSOURICapital Asset Statistics by FunctionLast Ten Fiscal Years135
FEDERAL AWARDS
SECTION
136
Federal Grantor/Pass-Through
Grantor/Program Title
Federal
Assistanace
Listing
Number
Pass-Through Entity Identifying
Number
Federal
Expenditures
Expenditures
to Subrecipients
U.S. Department of Transportation - Federal Transit Administration
Passed Through MO Department of Transportation:
Section 5307 Operating Assistance Grant 20.507 MO-2020-025-00 752,258$ -$
COVID-19 - CARES ACT Funding 20.507 MO-2020-028-00 467,267 -
1,219,525
Total Federal Transit Cluster 1,219,525 -
Passed Through University of Central MO:
National Priority Safety Programs:
Click It or Ticket Enforcement Campaign 20.616 21-M2HVE-05-034 240 -
Total University of Central MO 240 -
Passed Through MO Department of Transportation:
State and Community Highway Safety:
Hazardous Moving Violations 20.600 22-PT-02-017 406 -
Hazardous Moving Violations 20.600 21-PT-02-030 16,782 -
Child Passenger Seat Safety Program 20.600 1,300 -
Total Missouri Department of Transportation 18,488 -
Total Highway Safety Cluster 18,728 -
Passed Through University of Central MO:
Alcohol Open Container Requirements:
Holiday DWI Enforcement Campaign 20.607 20-154-AL-037 387 -
St. Patricks Day DWI Enforcement 20.607 20-154-AL-037 685 -
Total University of Central MO 1,072 -
Passed Through MO Department of Transportation-
Highway Safety Division:
Alcohol Open Container Requirements:
DWI Enforcement 20.607 21-154-AL-032 4,651 -
Total DWI Enforcement 4,651 -
Total MO Department of Transportation - Highway Safety Division 4,651 -
Passed Through MO Department of Transportation:
Airport Improvement Programs:
Design and Construction for Airport Apron 20.106 20-040B-1 50,159 -
Operational Expenses 20.106 20-040B-1 36,999 -
Total MO Department of Transportation 87,158 -
Highway Planning and Construction 20.205 MO-81-0018 131,199 -
Total Highway Planning and Construction Cluster 131,199 -
Total U.S. Department of Transportation 1,462,333 -
U.S. Department of Justice
COVID-19 Coronavirus Emergency Supplemental Funding Program 16.034 2020-VD-BX-0756 3,550 -
Edward Byrne Memorial Justice Assistance Grant Program 16.738 2020-DJ-BX-0414 10,415 -
Bulletproof Vest Partnership Program 16.607 2018BUBX18094421 1,031 -
Bulletproof Vest Partnership Program 16.607 2020BUBX 2,063 -
Bulletproof Vest Partnership Program 16.607 2019BUBX19096730 10,660 -
Total Department of Justice 27,719 -
CITY OF JEFFERSON, MISSOURI
Schedule of Expenditures of Federal Awards
For the Year Ended October 31, 2021
The accompanying notes are an integral part of this schedule.
137
Federal Grantor/Pass-Through
Grantor/Program Title
Federal
Assistanace
Listing
Number
Pass-Through Entity Identifying
Number
Federal
Expenditures
Expenditures
to Subrecipients
CITY OF JEFFERSON, MISSOURI
Schedule of Expenditures of Federal Awards
For the Year Ended October 31, 2021
Executive Office of the President
Passed Through U.S. Department of Justice:
Passed Through MO State Highway Patrol:
High Intensity Drug Trafficking Areas Program 95.001 G20MW0001A 5,696 -
High Intensity Drug Trafficking Areas Program 95.001 G19MW0001A 3,762 -
Total Executive Office of the President 9,458 -
Total U.S. Department of Justice 37,177 -
U.S. Department of Housing and Urban Development
Community Development Block Grants/Entitlement Grants 14.218 B-20-MC-29-0012 218,139 -
Community Development Block Grants/Entitlement Grants - CV 14.218 B-20-MW-29-0012 3,000 -
Total CDBG Entitlement Grants Cluster 221,139 -
Total U.S Department of Housing and Urban Development 221,139 -
U.S. Department of Health and Human Services
Passed Through Missouri Department of Health and Senior Services:
Child Care and Development Block Grant (CCDF Cluster)93.575 5,250 -
Total U.S. Department of Health and Human Services 5,250 -
U.S. Department of Homeland Security
Passed Through State Emergency Management Agency:
Disaster Grants - Public Assistance (Presidentially Declared Disaster):
COVID-19 Emergency Protective Measures 97.036 440DR-MO 355,572 -
FEMA Maximum Management Costs Allowed 97.036 FEMA-4451-DR-MO 79,013 -
SEMA Maximum Management Costs Allowed 97.036 FEMA-4451-DR-MO 26,338 -
Total State Emergency Management Agency 460,923 -
Passed Through Missouri Department of Public Safety:
Jefferson City PD Vehicle Megaphone 97.067 EMW-2020-SS-0051 9,999 -
Total U.S. Department of Homeland Security 470,922 -
Total Expenditures of Federal Awards 2,196,821$ -$
The accompanying notes are an integral part of this schedule.
138
CITY OF JEFFERSON, MISSOURI
Notes to Schedule of Expenditures of Federal Awards
For the Year Ended October 31, 2021
NOTE 1 – BASIS OF PRESENTATION:
The accompanying schedule of expenditures of federal awards (the Schedule) includes
the federal award activity of the City of Jefferson, Missouri under programs of the federal
government for the year ended October 31, 2021. The information in this Schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents
only a selected portion of the operations of the City of Jefferson, Missouri, it is not
intended to and does not present the financial position, changes in net position, or cash
flows of the City of Jefferson, Missouri.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in the Uniform
Guidance wherein certain types of expenditures are not allowable or are limited as to
reimbursement.
NOTE 3 – PROGRAM INCOME:
In accordance with terms of the grant, program income is available to be used to reduce the
amount of federal funds used for specific projects:
HUD:
Program Income Carryforward $ -
Expenses paid with program income (39,988)
Program Income 39,988
Remainder program income $ -
NOTE 4 – INDIRECT COST RATE:
The City of Jefferson has elected to use the 10% de minimis cost rate allowed under the
Uniform Guidance.
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INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER
FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN
ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the Honorable Mayor and
Members of the City Council
City of Jefferson, Missouri
We have audited, in accordance with the auditing standards generally accepted in the
United States of America and the standards applicable to financial audits contained in
Government Auditing Standards issued by the Comptroller General of the United States,
the financial statements of the governmental activities, the business-type activities, each
major fund, and the aggregate remaining fund information of the City of Jefferson,
Missouri, as of and for the year ended October 31, 2021, and the related notes to the
financial statements, which collectively comprise the City of Jefferson, Missouri’s basic
financial statements and have issued our report thereon dated April 8, 2022. The financial
statements of the Jefferson City Convention and Visitors Bureau were not audited in
accordance with Government Auditing Standards and accordingly, this report does not
include reporting on internal control over financial reporting or instances of reportable
noncompliance associated with the Jefferson City Convention and Visitors Bureau.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered City of
Jefferson, Missouri’s internal control over financial reporting (internal control) as a basis
for designing audit procedures that are appropriate in the circumstances for the purpose of
expressing our opinions on the financial statements, but not for the purpose of expressing an
opinion on the effectiveness of City of Jefferson, Missouri’s internal control.
Accordingly, we do not express an opinion on the effectiveness of City of Jefferson,
Missouri’s internal control.
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A deficiency in internal control exists when the design or operation of a control does not
allow management or employees, in the normal course of performing their assigned
functions, to prevent, or detect and correct, misstatements on a timely basis. A material
weakness is a deficiency, or a combination of deficiencies, in internal control such that
there is a reasonable possibility that a material misstatement of the entity’s financial
statements will not be prevented, or detected and corrected on a timely basis. A
significant deficiency is a deficiency, or a combination of deficiencies, in internal control
that is less severe than a material weakness, yet important enough to merit attention by
those charged with governance.
Our consideration of internal control was for the limited purpose described in the first
paragraph of this section and was not designed to identify all deficiencies in internal control
that might be material weaknesses or, significant deficiencies and therefore, material
weaknesses or significant deficiencies may exist that were not identified. Given these
limitations, during our audit we did not identify any deficiencies in internal control that we
consider to be material weaknesses. We did identify a certain deficiency in internal control,
described in the accompanying schedule of findings and questioned costs as item 2021-001
that we consider to be a significant deficiency.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City of Jefferson,
Missouri’s financial statements are free from material misstatement, we performed tests
of its compliance with certain provisions of laws, regulations, contracts, and grant
agreements, noncompliance with which could have a direct and material effect on the
financial statements. However, providing an opinion on compliance with those provisions
was not an objective of our audit, and accordingly, we do not express such an opinion.
The results of our tests disclosed no instances of noncompliance or other matters that are
required to be reported under Government Auditing Standards.
City of Jefferson, Missouri’s Response to Finding
City of Jefferson, Missouri’s response to the findings identified in our audit is described
in the accompanying schedule of findings and questioned costs. City of Jefferson,
Missouri’s response was not subjected to the auditing procedures applied in the audit of
the financial statements and, accordingly, we express no opinion on it.
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Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control
and compliance and the results of that testing, and not to provide an opinion on the
effectiveness of the entity’s internal control or on compliance. This report is an integral part
of an audit performed in accordance with Government Auditing Standards in considering
the City’s internal control and compliance. Accordingly, this communication is not suitable
for any other purpose.
EVERS & COMPANY, CPA’s, L.L.C.
Jefferson City, Missouri
April 8, 2022
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INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE FOR EACH MAJOR
PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE
REQUIRED BY THE UNIFORM GUIDANCE
To the Honorable Mayor and
Members of the City Council
City of Jefferson, Missouri
Report on Compliance for Each Major Federal Program
We have audited the City of Jefferson, Missouri’s compliance with the types of
compliance requirements described in the OMB Compliance Supplement that could have
a direct and material effect on each of the City of Jefferson, Missouri’s major federal
programs for the year ended October 31, 2021. The City of Jefferson, Missouri’s major
federal programs are identified in the summary of auditors’ results section of the
accompanying schedule of findings and questioned costs.
Management’s Responsibility
Management is responsible for compliance with federal statutes, regulations, and the
terms and conditions of its federal awards applicable to its federal programs.
Auditors’ Responsibility
Our responsibility is to express an opinion on compliance for each of the City of
Jefferson, Missouri’s major federal programs based on our audit of the types of
compliance requirements referred to above. We conducted our audit of compliance in
accordance with auditing standards generally accepted in the United States of America;
the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States; and the audit requirements of
Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Those standards and the Uniform Guidance require that we plan and perform
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the audit to obtain reasonable assurance about whether noncompliance with the types of
compliance requirements referred to above that could have a direct and material effect on
a major federal program occurred. An audit includes examining, on a test basis, evidence
about the City of Jefferson, Missouri’s compliance with those requirements and
performing such other procedures as we considered necessary in the circumstances.
We believe that our audit provides a reasonable basis for our opinion on compliance for
each major federal program. However, our audit does not provide a legal determination
of the City of Jefferson, Missouri’s compliance.
Opinion on Each Major Federal Program
In our opinion, the City of Jefferson, Missouri complied, in all material respects, with
the types of compliance requirements referred to above that could have a direct and
material effect on each of its major federal programs for the year ended October 31, 2021.
Other Matters
The results of our auditing procedures disclosed instances of noncompliance which are
required to be reported in accordance with the Uniform Guidance and which are
described in the accompanying schedule of findings and questioned costs as item 2021-
002. Our opinion on each major federal program is not modified with respect to these
matters.
City of Jefferson, Missouri’s response to the noncompliance findings identified in our
audit is described in the accompanying schedule of findings and questioned costs. City of
Jefferson, Missouri’s response was not subjected to the auditing procedures applied in the
audit of compliance and, accordingly, we express no opinion on the response.
Report on Internal Control over Compliance
Management of the City of Jefferson, Missouri is responsible for establishing and
maintaining effective internal control over compliance with the types of compliance
requirements referred to above. In planning and performing our audit of compliance, we
considered the City of Jefferson, Missouri’s internal control over compliance with the
types of requirements that could have a direct and material effect on each major federal
program to determine the auditing procedures that are appropriate in the circumstances
for the purpose of expressing an opinion on compliance for each major federal program
and to test and report on internal control over compliance in accordance with the Uniform
Guidance, but not for the purpose of expressing an opinion on the effectiveness of
internal control over compliance. Accordingly, we do not express an opinion on the
effectiveness of the City of Jefferson, Missouri’s internal control over compliance.
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A deficiency in internal control over compliance exists when the design or operation of a
control over compliance does not allow management or employees, in the normal course
of performing their assigned functions, to prevent or detect and correct, noncompliance
with a type of compliance requirement of a federal program on a timely basis. A material
weakness in internal control over compliance is a deficiency, or combination of
deficiencies, in internal control over compliance, such that there is a reasonable
possibility that material noncompliance with a type of compliance requirement of a
federal program will not be prevented, or detected and corrected, on a timely basis. A
significant deficiency in internal control over compliance is a deficiency, or a
combination of deficiencies, in internal control over compliance with a type of
compliance requirement of a federal program that is less severe than a material weakness
in internal control over compliance, yet important enough to merit attention by those
charged with governance.
Our consideration of internal control over compliance was for the limited purpose
described in the first paragraph of this section and was not designed to identify all
deficiencies in internal control over compliance that might be material weaknesses or
significant deficiencies. We did identify a certain deficiency in internal control over
compliance, as described in the accompanying schedule of findings and questioned costs
as item 2021-002 that we consider to be a material weakness.
City of Jefferson, Missouri’s response to the internal control over compliance findings
identified in our audit is described in the accompanying schedule of findings and
questioned costs. City of Jefferson, Missouri’s response was not subjected to the auditing
procedures applied in the audit of compliance and, accordingly, we express no opinion on
the response.
The purpose of this report on internal control over compliance is solely to describe the
scope of our testing of internal control over compliance and the results of that testing
based on the requirements of the Uniform Guidance. Accordingly, this report is not
suitable for any other purpose.
EVERS & COMPANY, CPA’s, L.L.C.
Jefferson City, Missouri
April 8, 2022
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CITY OF JEFFERSON, MISSOURI
Schedule of Findings and Questioned Costs
For the Year Ended October 31, 2021
Section I – Summary of Auditors’ Results
Financial Statements
Type of auditors’ report issued on whether the financial
statements audited were prepared in accordance with GAAP Unmodified
Internal control over financial reporting:
Material weakness(es) identified? No
Significant deficiency(ies) identified that are not
considered to be material weaknesses? Yes
Noncompliance material to financial statements noted? No
Federal Awards
Internal control over major federal programs:
Material weakness(es) identified? Yes
Significant deficiency(ies) identified that are not
considered to be material weakness(es)? No
Type of auditors’ report issued on compliance for major
federal programs: Unmodified
Any audit findings disclosed that are required to be reported in
Accordance with section 2CFR 200.51(a)? No
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CITY OF JEFFERSON, MISSOURI
Schedule of Findings and Questioned Costs
For the Year Ended October 31, 2021
Identification of Major Programs:
Federal Assistance Listing Number(s) Name of Federal Program or
Cluster
20.507 US Department of Transportation
– Operating 5307 Funds
20.507 US Department of Transportation
Federal Transit – CARES Grant
Dollar Threshold Used to Distinguish between
Type A and Type B Programs: $750,000
Auditee qualified as low-risk? No
Section II – Financial Statement Findings
Significant Deficiency
2021-001 Internal Control over Preparation of Schedule of Federal Awards
Criteria: It is the responsibility of the auditee to have available for auditors a
complete and accurate Schedule of Federal Awards (SEFA) by the start of audit
fieldwork.
Condition: The SEFA provided to the auditors at the start of fieldwork was not
complete. Federal expenditures for the major program were not calculated
correctly.
Context: Adjustments to allowed expenditures as a result of an audit by the
cognizant agency were not reflected in the initial SEFA provided to the auditors.
This is not the exact same circumstances as noted in the October 31, 2020
finding number 2020-001, however, both relate to the fact the SEFA provided at
the start of the audit was not correct.
Effect: The auditors were not able to correctly determine major programs at the
start of audit fieldwork.
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CITY OF JEFFERSON, MISSOURI
Schedule of Findings and Questioned Costs
For the Year Ended October 31, 2021
Section II – Financial Statement Findings (Cont’d)
2021-001 (Cont’d) Internal Control over Preparation of Schedule of Federal Awards
Cause of Condition: Insufficient and/or inadequate training of personnel
responsible for calculating allowable expenditures.
Recommendation: The City should reinforce its grant program management to
insure proper training of personnel responsible for calculating allowable
expenditures.
Views of responsible officials and planned corrective actions: Management
concurs with the above recommendation and will insure proper training of
personnel responsible for calculating allowable expenditures.
Section III – Federal Award Findings and Questioned Costs
U.S. Department of Transportation Federal Transit Administration
Material Weakness
2021-002 Incorrect calculation of eligible federal expenditures for reimbursement
Criteria: It is the responsibility of the auditee to submit an accurate accounting
of costs for reimbursement to a federal granting agency.
Condition: In the request for reimbursement of transit operating expenses, the
auditee included other program income as an expense which should have
reduced the expenses claimed for reimbursement. Additionally, the auditee
improperly calculated the 10% de minimis cost rate for reimbursement.
Context: This was the first year for this individual to complete the
reimbursement request forms and request reimbursement.
Effect: Prior period adjustments for funds that will have to be returned to the
federal agency had to be reflected in the financial statements.
Cause of Condition: Insufficient and/or inadequate training of individual
responsible for completing reimbursement request forms.
Recommendation: The City should reinforce its grant program management to
insure proper training of all grant managers.
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CITY OF JEFFERSON, MISSOURI
Schedule of Findings and Questioned Costs
For the Year Ended October 31, 2021
Section III – Federal Award Findings and Questioned Costs (Cont’d)
2021-002 (Cont’d) Incorrect calculation of eligible federal expenditures for
reimbursement
Views of responsible officials and planned corrective actions: Management
concurs with the above recommendation and will insure proper training of all
grant managers.
Section IV – Summary of Status of Prior Audit Findings
2020-001
The discussion for finding 2021-001 also applies to this finding.
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