Obtain a copy of the Comprehensive Annual Financial Report (CAFR) for the State of Texas for the Fiscal Year Ended August 31, 2014 from the Texas Department of Finance and Administration website - http://www.texastransparency.org/State_Finance/Budget_Finance/Reports/Comprehensive_Annual_Financial/14/ ,

and answer the following questions. Provide page numbers where you found the information. You may copy and paste text from the CAFR. Please submit type-written answers.

Page numbers (1-283) can be found at the bottom of each page of the CAFR document and should be included in the blank provided to the left of each question to reference where your selected answers were located within the CAFR report. Note that the PDF Adobe page numbers (1-294) at the top of the screen will be different from the CAFR page numbers and should not be referenced for purposes of this exercise.

_____ 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, 2014, 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 2013? How may licenses were issued?

_____ 29. For the Optional Retirement 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, 2014?

_____ 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?

Appropriation Summary report