2008 Comprehensive Annual Financial Report The Comprehensive Annual Financial Report (CAFR) is the County's official annual presentation of financial statements. The report consists of three basic sections. The Introductory Section provides general information on the County's incorporation, form of government, major initiatives and accounting systems and budgetary control. The Financial Section contains the independent auditor's report, the Management's Discussion and Analysis - a narrative introduction, overview, and analysis of the County's overall financial position and results of operations, and the basic financial statements, including required note disclosures. The Statistical Section provides a variety of trend data covering key financial indicators from the past several fiscal years, as well as other demographic and miscellaneous statistical data useful in assessing the County's financial condition.

» Table of Contents  [23.8 KB]
INTRODUCTORY SECTION
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Letter of Transmittali-xi
Certificate of Achievement for Excellence in Financial Reportingxii
List of Principal Officialsxiii
Organizational Chartxiv
FINANCIAL SECTION
» pp. 1-85  [358 KB]
Independent Auditors' Report1-2
Management's Discussion and Analysis3-16
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Audited Basic Financial Statements
» pp. 1-85  [358 KB]
Statement of Net Assets (Government-Wide)17-19
Statement of Activities (Government-Wide)20
Balance Sheets – Governmental Funds21-23
Statements of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds24-26
Balance Sheets – Proprietary Funds27-28
Statements of Revenues, Expenses and Changes in Net Assets - Proprietary Funds29-30
Statements of Cash Flows - Proprietary Funds31-32
Statement of Fiduciary Net Assets - Fiduciary Funds33
Note to Financial Statements34-85
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Required Supplementary Information
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Budgetary Comparison Statement – General Fund86-89
Budgetary Comparison Statement – Hospitality 1.5% Special Revenue Fund90
Required Supplementary Information for Governments that use the Modified Approach for Infrastructure Assets91-92
Schedule of Funding Progress for Other Post Employment Benefits Plan93
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Other Financial Information
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Combining Non-Major Governmental Financial Statements:
Combining Balance Sheets - Non-Major Governmental Funds94
Combining Statements of Revenues, Expenditures and Changes in Fund Balances - Non-Major Governmental Funds95
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Individual Fund Financial Statements

General Fund:
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Balance Sheets96
Schedules of Revenues, Expenditures and Changes in Fund Balances - GAAP Basis97-112
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Special Revenue Funds:
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Combining Balance Sheet - Non-Major Special Revenue Funds113-114
Combining Statement of Revenues, Expenditures and Changes in Fund Balance - Non-Major Special Revenue Funds115-116
Balance Sheets - Fire Special Revenue Fund117
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Special Revenue Fund118
Balance Sheets - Accommodations Tax Special Revenue Fund119
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Accommodations Tax Special Revenue Fund120
Balance Sheets - Waste Management Recycling Special Revenue Fund121
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Waste Management Recycling Special Revenue Fund122
Balance Sheets - Watershed Special Revenue Fund123
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Watershed Special Revenue Fund124
Balance Sheets - Mt. Gilead Special Revenue Fund125
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Mt. Gilead Special Revenue Fund126
Balance Sheets - Socastee Recreation Special Revenue Fund127
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Socastee Recreation Special Revenue Fund128
Balance Sheets - Road Maintenance and CTC Special Revenue Fund129
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Maintenance and
CTC Special Revenue Fund130
Balance Sheets - Beach Nourishment Special Revenue Fund131
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Beach Nourishment
Special Revenue Fund132
Balance Sheets - Grants Special Revenue Fund133
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Grants Special Revenue Fund134
Balance Sheets - Admissions Tax Special Revenue Fund135
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Admissions Tax Special Revenue Fund136
Balance Sheets - Hospitality Fee 1.0% Special Revenue Fund137
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Hospitality Fee 1.0% Special Revenue Fund138
Balance Sheets - Victim Witness Assistance Special Revenue Fund139
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Victim Witness Assistance Special Revenue Fund140
Balance Sheets - Senior Citizens Special Revenue Fund141
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Senior Citizens Special Revenue Fund142
Balance Sheets - Railroad Special Revenue Fund143
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Railroad Special Revenue Fund144
Balance Sheets - Arcadian Shores Special Revenue Fund145
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Arcadian Shores Special Revenue Fund146
Balance Sheets - CDBG Revolving Loan Special Revenue Fund147
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - CDBG Revolving Loan Special Revenue Fund148
Balance Sheets - Stormwater Management Special Revenue Fund149
Schedules of Revenues, Expenditures and Changes in Fund Balance – Budget (GAAP Basis) and Actual - Stormwater Management Special Revenue Fund150
Balance Sheets - GIS/IT Special Revenue Fund151
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - GIS/IT Special Revenue Fund152
Balance Sheets - Multi-County Business Park Rollback Special Revenue Fund153
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Multi-County Business Park Rollback Special Revenue Fund154
Balance Sheets - E-911 Special Revenue Fund155
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - E-911 Special Revenue Fund156
Balance Sheets - Local Accommodations Tax Special Revenue Fund157
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Local Accommodations Tax
Special Revenue Fund158
Balance Sheets - Recreation Special Revenue Fund159
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Recreation Special Revenue Fund160
Balance Sheets - Industrial Parks Special Revenue Fund161
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Industrial Parks Special Revenue Fund162
Balance Sheets - Hospitality Fee 1.5% Special Revenue Fund - Major Fund163
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Hospitality Fee 1.5%
Special Revenue Fund - Major Fund164
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Capital Projects Fund:
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Combining Balance Sheet - Major Capital Projects Funds165
Combining Statement of Revenues, Expenditures and Changes in Fund Balance - Major Capital Projects Funds166
Balance Sheets - General Improvement Capital Projects Fund167
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - General Improvement Capital Projects Fund168
Balance Sheets - Capital Projects Sales Tax Fund169
Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Capital Projects Sales Tax Fund 170 Balance Sheets - Developer Contributions Capital Projects Fund 171 Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Developer Contributions Capital Projects Fund172
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Debt Service Funds:
» pp. 165-205  [231 KB]
Combining Balance Sheet - Non-Major Debt Service Funds173
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Non-Major Debt Service Funds174
Balance Sheets – General Debt Service Fund175
Schedules of Revenues, Expenditures and Changes in Fund Balance – Budget (GAAP Basis) and Actual - General Debt Service Fund176
Balance Sheets – Higher Education Debt Service Fund177
Schedules of Revenues, Expenditures and Changes in Fund Balance – Budget (GAAP Basis) and Actual - Higher Education Debt Service Fund178
Balance Sheets – Horry – Georgetown TECH Debt Service Fund179
Schedules of Revenues, Expenditures and Changes in Fund Balance – Budget (GAAP Basis) and Actual - Horry – Georgetown TECH Debt Service Fund180
Balance Sheets – Special Obligation Fund181
Schedules of Revenues, Expenditures and Changes in Fund Balance – Budget (GAAP Basis) and Actual - Special Obligation Fund182
Balance Sheets – RIDE Program Debt Service Fund – Major Fund183
Schedules of Revenues, Expenditures and Changes in Fund Balance – Budget (GAAP Basis) and Actual - RIDE Program Debt Service Fund – Major Fund184
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Proprietary (Enterprise) Fund:
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Balance Sheets – Department of Airports Enterprise Fund185-186
Statements of Revenues, Expenses and Changes in Net Assets – Department of Airports Enterprise Fund187-188
Statements of Cash Flows – Department of Airports Enterprise Fund189-190
Balance Sheets – Baseball Stadium Enterprise Fund191
Statements of Revenues, Expenses and Changes in Net Assets – Baseball Stadium Enterprise Fund192
Statement of Cash Flows - Baseball Stadium Enterprise Fund193
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Internal Service Fund:
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Balance Sheets – Fleet Service Internal Service Fund194
Statements of Revenues, Expenses and Changes in Net Assets – Fleet Service Internal Service Fund195
Statements of Cash Flows – Fleet Service Internal Service Fund196
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Fiduciary (Agency) Fund:
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Combining Statement of Changes in Assets and Liabilities – All Agency Funds197-201
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Capital Assets Used in the Operation of Governmental Funds:
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Schedules of Capital Assets Used in the Operation of Governmental Funds by Source202
Schedule of Capital Assets Used in the Operation of Governmental Funds by Function and Activity203
Schedule of Changes in Capital Assets Used in the Operation of Governmental Funds by Function and Activity204
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Victim's Rights:
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Schedules of Court Fines, Assessments and Surcharges205
STATISTICAL SECTION
(Unaudited and Not Covered by The Report of Independent Auditors)
» pp. 206-228  [119 KB]
Net Assets by Component206
Changes in Net Assets207-208
Fund Balances of Governmental Funds209
Changes in Fund Balances of Governmental Funds210-211
Assessed Value and Estimated Actual Value of Taxable Property212
Property Tax Rates213-214
Principal Property Taxpayers215
Property Tax Levies and Collections216
Ratios of Outstanding Debt by Type217
Ratios of General Bonded Debt Outstanding 218
Direct and Overlapping Governmental Activities Debt219
Legal Debt Margin Information220
Pledged-Revenue Coverage221
Demographic and Economic Statistics222
Principal Employers223
Gross Retail Sales Figures224
Full-Time Equivalent Government Employees by Function225
Operating Indicators by Function226-227
Capital Asset Statistics by Function228
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