_____ 11. What Required Supplementary Information (RSI) and other supplementary information is included in the TX CAFR report?

_____ 12. What was the total $ amount of the States combined net assets for governmental and business-type activities for the fiscal year 2015?

_____ 13. What were the States two major revenue sources, and what were the $ amounts? Together, they accounted for _______ percent of total revenues.

_____ 14. Expenses reported on the Government-wide financial statements are reported on a functional basis. Name the 10 functional categories of expenses for the States governmental activities and rank them for 2015 in $ amounts from largest to smallest:

_____ 15. The bulk of the States total expenses for fiscal 2015 were related to the health and social services function. What was the $ amount of the expenses for this function, and what % of total primary government expenses do these expenses represent?

_____ 16. What is the chief operating fund of the State, and what was its ending fund balance as of Aug. 31, 2015?

_____ 17. As of August 31, 2015, outstanding general obligation debt for the State was $_________, net of premiums, discounts and deferred amount on refunding.

___ 18. What were the States ratings from various rating agencies related to its outstanding debt?

_____ 19. The States average unemployment rate for the calendar year 2015 was ______% compared with the national average of _______%.

_____ 20. The majority of funding for the States health and social services function is provided by the federal government. What is the $ amount of operating grants and contributions for health and human services for the 2015 fiscal year?

_____ 21. What are the titles of the financial statements for the States Governmental Funds?

Note that reconciliations are included to reconcile the Governmental Fund financial statements to the Government-Wide financial statements. Why are these reconciliations necessary?

_____ 22. What are the titles of the financial statements for the States Proprietary Funds?

_____ 23. What are the titles of the financial statements for the States Fiduciary Funds, and what 4 categories of Fiduciary Funds are reported?

_____24. Discretely presented component units, which are legally separate from the State, are reported in a separate column of the government-wide financial statements. None of the component units for the State of Texas meet the criteria for major component unit presentation. List 5 blended component units:

_____ 25. Nonmajor discretely presented component units are combined into the nonmajor column for financial statement presentation. List 5 nonmajor component funds (not the same as #24):

_____ 26. Capital assets, excluding land and construction in progress, are depreciated using the straight-line method over the estimated service lives of the respective assets. Estimated service lives include the following:

______________ Software

______________ Buildings and building improvements

______________ Facilities and Other improvements

______________ Furniture and equipment

______________ Other Capital Assets

______________ Land Use Rights-Term

______________ Vehicles

______________ Infrastructure

______________ Other Intangible Capital Assets

_____ 27. As of August 31, 2015, what was the net $ amount of amounts held in trust for Individuals, Organizations, and other governments?

_____ 28. In the statistical section-operating information, how many tax returns were processed in 2014? How ma y licenses were issued?

_____ 29. For the Teacher Retirement System of Texas (TRS) Program, what are the contribution rates for the State and Plan members?

_____ 30. Included in RSI is a Budgetary Comparison Schedule of budget to actual results for all budgetary funds. What is the largest expenditure item included on the schedule, and what is the final budget $ amount and actual results (budgetary basis) $ amount for that expenditure for the year ended August 31, 2015?

_____ 31. Due to the complexity of the States budget, a separate report is prepared to present final budget to actual comparisons at the legal level of control and can be obtained from the Department of Finance and Administration. What is the name of this report?

_____ 32. Included in the Statistical section of the CAFR is information related to taxable sales by industry. Texass largest industry is __________________, with taxable sales of $_____________ for fiscal year 2014.

_____ 33. What was Texass population in fiscal year 2015?

_____ 34. What was Texass per capita Personal Income for fiscal year 2015? For the US?

_____ 35. What industry is the largest employer in the State of Texas in 2015 by number of jobs? (For example: Wholesale trade, finance and insurance, etc.)

_____ 36. What is the number of state prisons in 2015? What is the number of higher education institutions?

_____ 37. GASB Standards require that a CAFR include a table of contents. What 3 sections are reported in the TX CAFR Table of Contents?

_____38. What is the largest category of debt for governmental activities? Business-type activities?

_____39. How much does the State of Texas owe per capita (for each citizen)? Is this more or less than last year?

_____40. What is the number of state parks and park acreage?