Comprehensive Annual Financial Report

County of Hanover, Virginia
For the Year Ended June 30, 2011

The Comprehensive Annual Financial Report (CAFR) is a detailed presentation of the County's financial position and activities for the fiscal year and is organized in four main sections. The Introductory Section includes a financial overview and an organization chart for the County's government. The Financial Section includes the independent auditors' report, management's discussion and analysis, audited basic financial statements and notes, required supplementary information and the underlying combining and individual fund financial statements and schedules.  The Statistical Section contains selected financial trend, revenue and debt capacity, demographic, economic and operating information on a multi-year basis. The Compliance Section includes the independent auditors' reports on internal control and compliance, the Schedule of Expenditures of Federal Awards, and the required Schedule of Findings and Questioned Costs.

• Introductory Section
• Financial Section
• Statistical Section
• Compliance Section
   
• Entire 2011 Annual Report - all sections combined (3.4 Mb)

Note: All topics listed below are Portable Document Files which can only be viewed with the Adobe Acrobat Reader program. Click here to download the free Reader.

Table Of Contents

Cover & Table of Contents (561K)

Introductory Section

Letter of Transmittal (1.89Mb)
GFOA Certificate of Achievement (1.7Mb)
Organizational Chart (1.7Mb)
Directory of Principal Officials (1.68Mb)

Financial Section

Independent Auditors’ Report (2.9Mb)
Management's Discussion and Analysis (3.4Mb)

 

Basic Financial Statements:

Government-wide Financial Statements (2.9MB)
Fund Financial Statements (856kb)
Notes to the Financial Statements (1.1Mb) 

Required Supplementary Information :

Schedules of Funding Progress – Virginia Retirement System and Retiree Medical Benefits Trust (804K)

Other Supplementary Information -
Combining and Individual Fund Statements and Schedules:

General Fund (1.76Mb)
County Improvements Fund (1.74Mb)
School Improvements Fund (1.7Mb)
Nonmajor Governmental Funds (1.7Mb)
Internal Service Funds ( 1.7Mb )
Agency Funds ( 1.7MB)
Discretely Presented Component Unit-School Board (1.7Mb)
Discretely Presented Component Unit-Economic Development Authority (1.7Mb)

Statistical Section

Financial Trends Information:

Net Assets by Component ( 1.7Mb)
Changes in Net Assets (8.9Mb)
Fund Balances, Governmental Funds (1.6Mb)
Changes in Fund Balances, Governmental Funds (2.9Mb)

Revenue Capacity Information:

Assessed Value and Estimated Actual Value of Taxable Property (1.7Mb)
Direct and Overlapping Property Tax Rates (1.7Mb)
Principal Property Tax Payers (1.7Mb)
Property Tax Levies and Collections (1.7Mb)

Debt Capacity Information:

Ratios of Outstanding Debt by Type, and Self-Imposed Debt Limit Information (1.7Mb)
Direct and Overlapping Governmental Activities Debt (1.7Mb)
Pledged Revenue Coverage (1.7Mb)

Demographic and Economic Information :

Demographic Statistics (1.7Mb)
Principal Employers (1.7Mb)

Operating Information:

Full-time Equivalent Government Employees by Function (1.7Mb)
Operating Indicators by Function (1.7Mb)
Capital Asset Statistics by Function (1.7Mb)

Compliance Section

Reports on Internal Control and Compliance, Schedule of Expenditures of Federal Awards, and Schedule of Findings and Questioned Costs (851K)

The information in this CAFR has not been updated for developments subsequent to the date of the independent auditor's report.