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INTRODUCTORY SECTION Letter of Transmittal ..... 1 County of Adams Organizational Chart ..... 7 County of Adams Listed of Elected Officials ..... 8 Map of Adams County ..... 9 Certificate of Achievement for Excellence in Financial Reporting ..... 10 FINANCIAL SECTION Independent Auditor's Report ..... 11 Management's Discussion and Analysis ..... 15 Basic Financial Statements ..... 31 Statement of Net Position/(Deficit) ..... 32 Statement of Activities ..... 33 Balance Sheet – Governmental Funds ..... 34 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position ..... 36 Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds ..... 37 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities ..... 38 Statement of Fund Net Position/(Deficit) – Proprietary Funds ..... 39 Statement of Revenues, Expenses, and Changes in Fund Net Position – Proprietary Funds ..... 40 Statement of Cash Flows- Proprietary Funds ..... 41 Statement of Fiduciary Net Position – Fiduciary Funds ..... 42 Statement of Changes in Fiduciary Net Position – Fiduciary Funds ..... 43 Notes to Financial Statements ..... 44 Required Supplementary Information ..... 80 Schedules of Changes in the County's Net Pension Liability and Related Ratios – Last 10 Years ..... 81 Schedule of County Contributions – Last 10 Years ..... 82 Schedule of Revenues, Expenditures, and Changes in Fund Balances Budget and Actual – General Fund ..... 83 Schedule of Revenues, Expenditures, and Changes in Fund Balances Budget and Actual – Children and Youth Fund ..... 84 Schedule of Revenues, Expenditures, and Changes in Fund Balances Budget and Actual – 911 Fund ..... 85 Notes to Required Supplementary Information ..... 86