Contents

1. Introductory Section
   1. Front Cover
   2. Title Page
   3. Acknowledgements
   4. Table of Contents
   5. Introductory Section
   6. Transmittal Letter
      1. Profile of the Government
      2. Economic Condition
   7. Certificate of Achievement for Excellence in Financial Reporting
   8. State Government Organization
   9. Statewide Elected Officials
2. Financial Section
   1. Auditor's Report
   2. Management's Discussion and Analysis
      1. Financial Analysis of the State as a Whole
         1. Net Position
         2. Changes in Net Position
            1. Percentage Changes Explanation
         3. Governmental Activities
            1. Governmental Revenue & Expense Charts
         4. Business-Type Activities
      2. FInancial Analysis of State's Funds
         1. Governmental Funds
         2. Proprietary Funds
      3. General Fund Budgetary Highlights
      4. Capital Assets and Debt Administration
         1. Capital Assets
         2. Long-Term Debt
      5. Economic Facts and Next Year's Budget
      6. Contacting the State's Financial Management
   3. Basic Financial Statements
      1. Statement of Net Position
         1. Seal
      2. Statement of Activities
      3. Governmental Balance Sheet
         1. Seal
      4. Reconciliation of the Governmental Funds Balance Sheet
      5. Statement of Revenues, Expenditures, and Changes in Fund Balances
         1. Seal
      6. Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds to the Statement of Activities
      7. Propriety Statement of Net Position
      8. Propriety Statement of Revenues, Expenses, and Changes in Fund Net Position
      9. Propriety Statement of Cash Flows
      10. Fiduciary Statement of Net Position
      11. Fiduciary Statement of Changes in Net Position
      12. Component Units Statement of Net Position
      13. Component Units Statement of Revenues, Expenses, and Changes in Fund Net Position
      14. Index for Notes to the Financial Statements
      15. Notes to Financial Statements
          1. Note 1. Summary of Significant Accounting Policies
             1. A. Reporting Entity
             2. B. Government-Wide and Fund Financial Statements
             3. C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation
             4. D. Financial Statement Elements
             5. E. Net Position/Fund Balance
          2. Note 2. Deposits, Investments, and Restricted Assets
             1. A. Deposits
             2. B. Investments
                1. Fair Value
                2. Interest Rate Risk of Investments
                3. Credit Risk of Debt Securities
                4. Concentration of Credit Risk
                5. Foreign Currency Denominated Investments
             3. C. Restricted Assets
          3. Note 3. Derivative Instruments
          4. Note 4. Intraentity Transactions
             1. A. Interfund Balances
             2. B. Interfund Transfers
             3. C. Significant Transactions with Related Parties
          5. Note 5. Noncurrent Receivables
          6. Note 6. Capital Assets
          7. Notes 7. Deferred Outflows of Resources and Deferred Inflows of Resources
             1. A. Deferred Outflows of Resources
             2. B. Deferred Inflows of Resources - Government Wide
             3. C. Deferred Inflows of Resources - Governmental Funds
          8. Note 8. Pension Plans
             1. A. Summary of Plans Administered by the Public Employee Retirement System of Idaho
             2. B. Other State-Sponsered Retirement Plans
          9. Note 9. Postemployment Benefits Other Than Pensions
             1. Summary of Plans
          10. Note 10. Risk Management
          11. Note 11. Leases
              1. A. State as Lessee
              2. B. State as Lessor
          12. Note 12. Short-Term Debt
          13. Note 13. Bonds, Notes, and Other Long-Term Liabilities
              1. A. Compensated Absences
              2. B. Revenue Bonds
              3. C. Advance and Current Refundings
              4. D. Notes Payable
              5. E. Claims and Judgments
              6. F. Changes in Long-Term Liabilities
              7. G. Conduit Debt
          14. Note 14. Equity
              1. A. Restatement of Beginning Fund Balances and Net Position
              2. B. Net Position Restricted by Enabling Legislation
              3. C. Governmental Fund Balances - Restricted, Committed, and Assigned
              4. D. Budget Stabilization and Minimum Fund Balance
          15. Note 15. Donor-Restricted Endowments
          16. Note 16. Litigation, Contingencies, Commitments, and Encumbrances
              1. A. Litigation and Contingencies
              2. B. Commitments
              3. C. Encumbrances
          17. Note 17. Tax Abatements
          18. Note 18. Subsequent Events
              1. Primary Government
3. Required Supplementary Information
   1. Budgetary Comparison Schedule
   2. Note to Budgetary Reporting
   3. Infrastructure - Modified Approach Reporting
   4. Pension - Schedules and Note
   5. Other Postemployment Benefits - Schedules
4. Combining Financial Statements
   1. Nonmajor Governmental Funds
      1. Balance Sheet
      2. Statement of Revenues, Expenditures, and Changes in Fund Balances
      3. Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual
      4. Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual MPF
   2. Nonmajor Enterprise Funds
      1. Statement of Net Position
      2. Statement of Revenues, Expenses, and Changes in Fund Net Position
      3. Statement of Cash Flows
   3. Internal Service Funds
      1. Statement of Net Position
      2. Statement of Revenues, Expenses, and Changes in Fund Net Position
      3. Statement of Cash Flows
   4. Fiduciary Funds
      1. Statement of Fiduciary Net Position - Pension and Other Employee Benefit Trust Funds
      2. Statement of Changes in Fiduciary Net Position - Pension and Other Employee Benefit Trust Funds
      3. Statement of Fiduciary Net Position - Investment Trust Funds
      4. Statement of Changes in Fiduciary Net Position - Investment Trust Funds
5. Statistical Section
   1. Index to the Statistical Section
   2. Schedule 1 - Net Position by Component
   3. Schedule 2 - Changes in Net Position
   4. Schedule 3 - Fund Balances - Governmental Funds
   5. Schedule 4 - Changes in Fund Balances - Governmental Funds
   6. Schedule 5 - Revenue Base
   7. Schedule 6 - Revenue Rates
   8. Schedule 7 - Revenue Payers by Industry/Category
      1. Charts
   9. Schedule 8 - Outstanding Debt Ratios
   10. Schedule 9 - Other Long-Term Liabilities
   11. Schedule 10 - Pledged Revenue Coverage
   12. Schedule 11 - Demographic and Economic Indicators
   13. Schedule 12 - Principal Employers
   14. Schedule 13 - Education Enrollment
   15. Schedule 14 - State Employees by Function
   16. Schedule 15 - Operating Indicators by Function
   17. Schedule 16 - Capital Assets by Function
       1. Seal
   18. Schedule 17 - General Fund Assets, Liabilities, and Fund Balances
   19. Schedule 18 - General Fund Revenues, Expenditures, and Changes in Fund Balances
   20. Schedule 19 - Miscellaneous Statistics
6. Inside Back Cover
7. Back Cover