North Naples Fire District Receives an Excellent Financial Bill of Health


Each year, the North Naples Fire Control and Rescue District undergoes a rigorous process to prepare for and assist independent auditors who review the District's financial practices and statements in accordance with Government Auditing Standards, and then submit a report to the Auditor General as required by state statute.  We are pleased to report to our residents that the audit of the fiscal year ended September 30, 2013, for the seventh consecutive yearThis is indeed an achievement of which we are extremely proud, referenced "no comments", meaning the auditors found no areas of non compliance or issues which needed to be corrected or identified for the Board of Fire Commissioners.  This is indeed an achievement of which we are extremely proud, and reflects the progress the District has made more than the last several years in the establishment and maintenance of internal controls, policies and procedures, reporting accuracy, and financial solvency.  It also means that the financial information the Board receives on a monthly basis, and which is the basis for their financial decisions, is accurate.

The District now has sufficient general fund reserves to meet current operational and emergency needs.  Just ten short years ago, the District's reserves were depleted to the point that sufficient reserves did not exist to fund operations during the first three months of the fiscal year, the time period before property tax revenue is received.  In fact, the funds in reserves were not even enough to meet the financial demands of one payroll cycle.  It's also important to note that the District has no external debt.

It is even more significant that the District is financially solvent as we face unforeseen financial challenges.  Tax reform, combined with the recent decline in taxable property value, have significantly impacted the District's revenue.  Since 2007, the taxable property value in the District has decreased 20%.  As an independent district, property taxes represent 95% of our revenue, so that 20% reduction in property value translates to a 20% reduction in revenue.  We do not receive sales or other taxes, and have no other means to replace this lost revenue. 

Our goal is to continue to maintain the level of service to our residentsOur goal is to continue to maintain the level of service to our residents, and the Board of Fire Commissioners continues to investigate means to ensure our revenue is adequate to meet this goal.  It is important to remember that any reduction in staffing levels, first responding stations or apparatus has a financial impact on the property owners within the District.  The Fire District's ability to respond to emergencies directly affects property insurance rates, so reducing our level of service not only puts life and property at risk; it comes with a financial cost to our property owners! 

If you have any questions or comments relating to the District's financial information, please contact Assistant Chief Becky Bronsdon at 597-3222 or click here to contact via email. 

2013 AUDIT

Click to view 2013 Final Audit for year ending September 30, 2013.

Click to view 2013 Final Audit graphs for year ending September 30, 2013.

2012 AUDIT

The North Naples Fire Control and Rescue District audit for 2012 is available as a PDF. The original document was separated into seven parts to assist in downloading, as many firewalls and internet services do not allow file transfers greater than 5 mb. 

 North Naples Fire Control & Rescue District 2012 Audit

Audit 2012 Index and Independent Auditor's Report 
Audit 2012 Management's Discussion and Analysis
Audit 2012 Pages 4-19
Audit 2012 Pages 20-35
Audit 2012 Pages 36-51
Audit 2012 Pages 52-63
Audit 2012 Pages 64-68 with Letter of Acceptance

2012 Income/Expense Graphs: 

Click on Graphs for Larger View

























Return to Top of Page