Sheet 1: Instructions

	
	

		
F-185 Instructions
	
	

		


	
	

		
PURPOSE
	
	

		
Form F-185 requires ESDs to display amounts in a prescribed format to OSPI. This facilitates an accurate compilation of the ESDs' financial activities into a statewide financial summary. These instructions contain information for preparing and submitting Educational Service District (ESD) Annual Financial Statements (F-185) for Fiscal Year (FY) 2018–19.
	
	

		


	
	

		
TIME SCHEDULE—FORM SPI F-185
	
	

		
According to WAC 392-125-085, each ESD must submit a financial report to the Office of Superintendent of Public Instruction (OSPI) within 90 calendar days following the end of its fiscal year. For FY 2018–19, due to the timing of the Thanksgiving holiday, this due date is December 2, 2019. If financial information, applicable to all ESDs, is not available in a timely fashion and deprives the ESDs of the ability to complete their financial reporting by this deadline, OSPI is prepared to extend this due date by up to 30 calendar days.
	
	

		


	
	

		
Utilization of—FORM SPI F-185
	
	

		


	
	

		
Form SPI F-185, ESD Annual Financial Statements, is the format specified by OSPI. The F-185 is a spreadsheet-driven report. The completed F-185 excel workbook should be returned without modifications to row descriptions or cells containing formulas. Row and columns in the F-185 worksheets should remain intact. Spreadsheets not applicable to an individual ESD should remain intact and not deleted. Adding rows or columns in any worksheets is not authorized without prior notification and approval from OSPI. 
	
	

		
F-185 financial reports not submitted to OSPI in the original format will not be accepted and will require resubmission. A number of informational edits can be found on the F-185. These should be corrected before the F-185 is submitted to OSPI. 
	
	

		
The F-185 Annual Financial Statements and the F-185 template are available on the OSPI website by selecting the “ESD Reports and Resources” link from the School Apportionment website at 
	
	

		
ESD Reports and Resources
	
	

		
Because the ESDs prepare the F-185 on an excel template, each ESD may need to modify their financial statements for GAAP presentation. If circumstances require the district to modify financial reports, retain a copy of the completed F-185 as submitted to OSPI and prepare appropriate financial statements for other reporting purposes.
	
	

		
Immaterial differences are anticipated between the F-185 reports prepared for OSPI and other financial reporting requirements. These differences include, but are not limited to: converting the documents to PDF or Word format; modifications to row descriptions; changing cell formulas to values; deleting blank rows or columns; deleting spreadsheets or supplemental reports which are not applicable; adding rows or columns as necessary for appropriate financial statement presentation. 
	
	

		
PLEASE NOTE: SAO provides their observations about the F-185 and the ESD Financial Statements prepared for audit purposes — below.
	
	

		


	
	

		
FILING
	
	

		
Filing of the Annual Financial Statements is with School Apportionment and Financial Services at OSPI and with Audit Services at the Office of the State Auditor. Form F-185 may be filed electronically via email, with an attached file. 
	
	

		
The signed Certification Page must still be mailed to: OSPI, School Financial Services, Old Capitol Building, PO Box 47200, Olympia, WA; 98504-7200.
	
	

		


	
	

		
If an ESD has a Property, Casualty, and Liability Risk Pool, please file that portion of the Annual Financial Statements within 150 days with State Risk Management, Office of Financial Management 360-902-7311, PO Box 41027, Olympia, WA 98504, and with each participating member of your insurance pool. The part of the statement concerning the Industrial Insurance Fund is to be filed with Certification Services Manager, Department of Labor and Industries, within six months after the end of the fiscal year 360-902-6867.
	
	

		


	
	

		
ASSISTANCE
	
	

		
If you have any questions regarding the ESD Annual Financial Statements, please contact Ralph Fortunato, Supervisor ESD Financial Reporting, at 360-725-6304 or Paul Stone, Supervisor ESD Accounting at 360-725-6303. The agency TTY number is 360-664-3631.
	
	

		


	
	

		
GENERAL OBSERVATIONS ABOUT THE F-185 TEMPLATE FROM THE STATE AUDITOR'S OFFICE
	
	

		


	
	

		
Since ESDs are proprietary fund type entities, they can also refer to SAO’s guidance on 
	
	

		
proprietary fund financial statements
	
	

		
in BARS to help ensure their statements are fairly presented.
	
	

		


	
	

		
The GFOA checklist is also an excellent resource.
	
	

		


	
	

		
The template does not include a column for discreetly presented component units (if applicable).
	
	

		
The template does not include a line for Improvements other than buildings (or Other Improvements) capital assets. Also, “Land” is typically used (instead of “Land and Land Improvements”).
	
	

		
Intangible assets and infrastructure are not included in the template (if applicable).
	
	

		
The template does not include other deferred outflows/inflows of resources prescribed by GAAP (i.e. Grants Paid in Advance”).
	
	

		
The template does not include asset line items for OPEB and Pensions (if applicable).  
	
	

		
Amounts in the financial statements and notes should be reported in whole dollars only, no cents. 
	
	

		
Lines with nothing to report should not be included.
	
	

		


	
	

		
Several line items include a “_” (i.e. “Unemployment_”). This isn’t a typical presentation. 
	
	

		
From OSPI:  The “_” in the title description is necessary for reports submitted to OSPI. The tag segregates data for state-wide compilation. This departure from the typical presentation is noted for ESD financial preparers.
	
	

		


	
	

		
On the Statement of Revenues, Expenses, and Changes in Fund Net Position 
	
	

		
“Pension Expense” and “OPEB Expense” balances could be misleading. Pension and OPEB expense are generally not noticeable on the operating statement because they are components of salaries and benefits, which are allocated across other balances/activities and funds. By not allocating these adjustments to the balances/activities and funds where salaries and benefits costs are reported, the ESD could be misstating these expense categories on the financial statements.
	
	

		
“Change in Compensated Absences” balance could be misleading. Wages and benefits are an operating expense and we would expect any adjustment to be allocated to General Operations and Administration, Instructional Support Programs, and Non-Instructional Support Programs.
	



Sheet 2: CERTIFICATION-COVER

	
	
	
	
	
	
	
	

		
ANNUAL FINANCIAL REPORT
		
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		
Educational Service District #113
		
	

		
For the Fiscal Year Ended August 31, 2019
		
	

		


		


		


		


		


		


		


	
	

		
Submitted pursuant to WAC 392-117-035 to the Office of Superintendent of Public Instruction
		
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		
Certified correct this
		


		
day of
		


		
, 20
		


		
to the best of my knowledge and belief.
	
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		
ESD Address
		
6005 Tyee Drive SW
		


	
	

		


		
Tumwater, WA 98512
		


	
	

		


		


		


	
	

		


		


		


		


		


		


		


	
	

		
ESD Website
		
www.esd113.org
		


	
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		
Preparer Information
		


		


		


		


		


		


	
	

		
Name
		
Calvin W. Brodie
		


	
	

		
Phone
		
360 464 6700
		


	
	

		
E-Mail
		
cbrodie@esd113.org
		


	
	

		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


	
	

		
Signature
		


		


	



Sheet 3: NET POSITION

	
	
	
	
	
	
	
	
	
	
	
	
	
	
	

		
 Educational Service District #113 
		


		


		


		
 Note to preparer:  Please be sure to hide rows that contain all zeros as well as the "check" rows when printing. 
		
	

		
 STATEMENT OF NET POSITION - ALL FUNDS 
		


		


		


		
	

		
 AUGUST 31, 2019 
		


		


		


		
	

		


		


		


		


		


		


		


		


		
	

		


		
 NOTE REF 
		
 OPERATING 
		
 WORKERS COMPENSATION FUND 
		
 UNEMPLOYMENT FUND 
		
 TOTAL ALL FUNDS 
		


		

		Paul Stone:
Note References are removed from the financial reporting template. They are copied here as a resource for future use. Note numbers may have changed. 
		 NOTE REF 
		


		


		


		


		


	
	

		
 ASSETS 
		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 CURRENT ASSETS 
		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Cash and Cash Equivalents 
		
 Note 1 
		


		
 $10,006,109 
		
 $22,829,270 
		
 $4,972,357 
		
 $37,807,736 
		


		
 Note 1 
		


		
 Would be equal to Imprest Cash + Cash on Hand + Cash and Cash Equivalents - Warrants Outstanding 
		
 200, 230, 240 241 
		


		


		


	
	

		
 Accounts Receivable 
		
 Note 1 
		


		
 $3,276,070 
		
 $478,604 
		
 $32,982 
		
 $3,787,656 
		


		
 Note 1 
		


		


		
 340 
		


		


		


	
	

		
 TOTAL CURRENT ASSETS  
		


		


		
 $13,282,179 
		
 $23,307,873 
		
 $5,005,339 
		
 $41,595,391 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 NONCURRENT ASSETS 
		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Land and Land Improvements 
		
 Note 3 
		


		
 $1,500,000 
		


		


		
 $1,500,000 
		


		


		


		


		
 490 
		


		


		


	
	

		
 Building 
		
 Note 3 
		


		
 $9,713,825 
		


		


		
 $9,713,825 
		


		


		


		


		
 491 
		


		


		


	
	

		
 Equipment 
		
 Note 3 
		


		
 $2,453,881 
		


		


		
 $2,453,881 
		


		


		


		


		
 492 493 
		


		


		


	
	

		
 Less: Accumulated Depreciation 
		
 Note 3 
		


		
 $(4,306,427)
		


		


		
 $(4,306,427)
		


		


		


		


		
 498 499 
		


		


		


	
	

		
 Net Capital Assets 
		


		


		
 $9,361,278 
		
 $-   
		
 $-   
		
 $9,361,278 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Net Cash/Investments Held for Compensated Absences 
		
 Note 10 
		


		
 $892,236 
		


		


		
 $892,236 
		


		


		


		


		
 452 
		


		


		


	
	

		
 TOTAL NONCURRENT ASSETS  
		


		


		
 $10,253,514 
		
 $-   
		
 $-   
		
 $10,253,514 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 TOTAL ASSETS 
		


		


		
 $23,535,693 
		
 $23,307,873 
		
 $5,005,339 
		
 $51,848,906 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 DEFERRED OUTFLOWS OF RESOURCES 
		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Deferred OutFlows Related to Pensions 
		
 Note 5 
		


		
 $1,642,477 
		


		


		
 $1,642,477 
		


		


		


		
 Deferred OutFlows – Pension Plans  
		
 The line item description is changed. 
		
 711 
		


		


	
	

		
 Deferred OutFlows Related to OPEB 
		
 Note 6 
		


		
 $1,617,933 
		


		


		
 $1,617,933 
		


		


		


		
 Deferred OutFlows – OPEB Plans 
		
 The line item description is changed. 
		


		


		


	
	

		
 TOTAL DEFERRED OUTFLOWS OF RESOURCES 
		


		


		
 $3,260,410 
		
 $-   
		
 $-   
		
 $3,260,410 
		


		
 Note 1 
		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 LIABILITIES 
		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 CURRENT LIABILITIES 
		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Accounts Payable 
		
 Note 1 
		


		
 $842,586 
		
 $462,710 
		
 $107,113 
		
 $1,412,408 
		


		
 Note 1 
		


		


		
 601 600 650 
		


		


		


	
	

		
 Accrued Interest Payable 
		
 Note 1 
		


		
 $50,488 
		


		


		
 $50,488 
		


		
 Note 5 
		


		


		
 604 
		


		


		


	
	

		
 Accrued Salaries 
		
 Note 1 
		


		
 $160,058 
		


		


		
 $160,058 
		


		
 Note 1 
		


		


		
 605 
		


		


		


	
	

		
 Payroll Deductions & Taxes Payable 
		
 Note 1 
		


		
 $76,673 
		


		


		
 $76,673 
		


		
 Note 1 
		


		


		
 610 613 619 
		


		


		


	
	

		
 Public Employees' Retirement System 
		
 Note 1 
		


		
 $323,107 
		


		


		
 $323,107 
		


		


		


		


		
 616 
		


		


		


	
	

		
 Deferred Compensation 
		
 Note 1 
		


		
 $17,483 
		


		


		
 $17,483 
		


		


		


		


		
 617 
		


		


		


	
	

		
 Bonds Payable 
		
 Note 4 
		


		
 $235,000 
		


		


		
 $235,000 
		


		
 Note 5 
		


		


		
 670 
		


		


		


	
	

		
 Capital Leases Payable 
		
 Note 4 
		


		
 $10,178 
		


		


		
 $10,178 
		


		
 Note 5 
		


		


		
 602 
		


		


		


	
	

		
 IBNR 
		


		


		


		
 $1,209,663 
		
 $138,478 
		
 $1,348,141 
		


		


		


		


		


		


		


		


	
	

		
 Open Claims 
		


		


		


		
 $1,369,050 
		


		
 $1,369,050 
		


		


		


		


		
 603 
		


		


		


	
	

		
 Unallocated Loss Adjustment Expenses 
		


		


		


		
 $425,000 
		
 $26,000 
		
 $451,000 
		


		


		


		


		


		


		


		


	
	

		
 Future L&I Assessments 
		


		


		


		
 $871,000 
		


		
 $871,000 
		


		


		


		


		


		


		


		


	
	

		
 OPEB Liability, short term 
		
 Note 6 
		


		
 $278,600 
		


		


		
 $278,600 
		


		
 Note 1 
		


		
 CY Net Costs from Actuarial Report 
		


		


		


		


	
	

		
 TOTAL CURRENT LIABILITIES 
		


		


		
 $1,994,171 
		
 $4,337,423 
		
 $271,591 
		
 $6,603,184 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 NONCURRENT LIABILITIES 
		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Compensated Absences_ 
		
 Note 10 
		


		
 $1,153,973 
		


		


		
 $1,153,973 
		


		
 Note 1 
		


		
 Please note: Dash Lines " _ " in the title descriptions are necessary for OSPI F-185 data reporting compilation. 
		
 452 
		
 261,737.00 
		


		


	
	

		
 IBNR_ 
		


		


		


		
 $2,200,066 
		
 $2,838 
		
 $2,202,904 
		


		


		


		


		


		


		


		


	
	

		
 Open Claims_ 
		


		


		


		
 $942,221 
		


		
 $942,221 
		


		


		


		


		
 604 
		


		


		


	
	

		
 Net Pension Liability_ 
		
 Note 5 
		


		
 $6,509,364 
		


		


		
 $6,509,364 
		


		
 Note 6 
		


		
 Net Pension Liability 
		
 The line item description is changed. 
		
 660 
		


		


	
	

		
 OPEB Liability_ 
		
 Note 6 
		


		
 $9,049,485 
		


		


		
 $9,049,485 
		


		
 Note 7 
		


		
 Total OPEB Liability 
		
 The line item description is changed.  
		
 661 
		


		


	
	

		
 Bonds Payable_ 
		
 Note 4 
		


		
 $3,880,000 
		


		


		
 $3,880,000 
		


		
 Note 5 
		


		


		
 680 
		


		


		


	
	

		
 Investment in Joint Venture 
		
 Note 11 
		


		
 $92,915 
		


		


		
 $92,915 
		


		
 Note X 
		


		


		
 453 
		


		


		


	
	

		
 TOTAL NONCURRENT LIABILITIES 
		


		


		
 $20,685,737 
		
 $3,142,287 
		
 $2,838 
		
 $23,830,862 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 TOTAL LIABILITIES 
		


		


		
 $22,679,908 
		
 $7,479,710 
		
 $274,429 
		
 $30,434,046 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 DEFERRED INFLOWS OF RESOURCES 
		


		


		


		


		


		


		


		
 Note 1 
		


		


		


		


		


		


	
	

		
 Deferred InFlows Related to Pensions 
		
 Note 5 
		


		
 $2,301,887 
		


		


		
 $2,301,887 
		


		
 Note 6 
		


		
 Deferred InFlows – Pension Plans  
		
 The line item description is changed. 
		
 751 
		


		


	
	

		
 Deferred InFlows Related to OPEB 
		
 Note 6 
		


		
 $359,048 
		


		


		
 $359,048 
		


		
 Note 7 
		


		
 Deferred InFlows – OPEB Plans 
		
 The line item description is changed. 
		
 756 
		


		


	
	

		
 TOTAL DEFERRED INFLOWS OF RESOURCES 
		


		


		
 $2,660,935 
		
 $-   
		
 $-   
		
 $2,660,935 
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 NET POSITION 
		


		


		


		


		


		


		


		


		


		
 Fund Balance Report 
		
 Diff 
		


		


		


	
	

		
 Net Investment in Capital Assets 
		
 Note 3 
		


		
 $5,246,278 
		
 $-   
		
 $-   
		
 $5,246,278 
		


		


		


		
 $5,246,278.00 
		
 $(0.28)
		


		


		


	
	

		
 Restricted for Debt Service 
		
 Note 4 
		


		
 $431,750 
		


		


		
 $431,750 
		


		
 Note 10 
		


		
 $431,750.00 
		
 $-   
		
 830 
		


		


	
	

		
 Restricted for Support Programs 
		
 Note 9 
		


		
 $1,312,436 
		


		


		
 $1,312,436 
		


		
 Note 10 
		


		
 $1,312,436.00 
		
 $-   
		
 6405 1201 0264 
		


		


	
	

		
 Restricted for Risk Pool Net Position 
		
 Note 8 
		


		


		
 $15,828,163 
		
 $4,730,910 
		
 $20,559,074 
		


		


		


		


		
 $-   
		


		


		


	
	

		
 Restricted for Joint Venture 
		
 Note 11 
		


		
 $(92,915)
		
 $-   
		
 $-   
		
 $(92,915)
		


		
 Note 12 
		


		
 $(92,915.00)
		
 $-   
		


		


		


	
	

		
 Unrestricted 
		
 Note 9 
		


		
 $(5,442,289)
		
 $-   
		
 $-   
		
 $(5,442,289)
		


		


		


		
 $(5,749,164.00)
		
 $(306,875.11)
		
 $3,606,875.00 
		
 $306,875.00 
		
 $(0.11)
	
	

		
 TOTAL NET POSITION 
		


		


		
 $1,455,260 
		
 $15,828,163 
		
 $4,730,910 
		
 $22,014,334 
		


		


		


		
 $1,455,260.00 
		
 $(0.39)
		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 CHECK (should be zero) 
		


		


		
 $-   
		
 $-   
		
 $-   
		
 $-   
		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Unrestricted for Net Pension Liability 
		


		


		
 $-   
		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Unrestricted for Net OPEB Liability 
		


		


		
 $-   
		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Unrestricted for Other 
		


		


		
 $-   
		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Unrestricted Combined 
		


		


		
 $-   
		


		


		


		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


		


		


		


		


		


		


	
	

		
 Unrestricted on Financial Statement 
		


		


		
 $(5,442,289)
		


		


		


		


		


		


		


		


		


		


		


	
	

		
 CHECK (should be zero) 
		


		


		
 $5,442,289