ii VILLAGE OF GRAFTON Comprehensive Annual Financial Report For the Fiscal Year Ended December 31, 2016 TABLE OF CONTENTS REQUIRED SUPPLEMENTARY INFORMATION Schedule of Revenues, Expenditures, and Changes in Fund Balances Budget and Actual - General Fund............................................................................. 89 Schedule of Proportionate Share of the Net Pension Liability/(Asset) – Wisconsin Retirement System.................................................................................................... 90 Notes to Required Supplementary Information ............................................................. 91 SUPPLEMENTARY INFORMATION Combining Balance Sheet - Nonmajor Governmental Funds ....................................... 94 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Governmental Funds...................................................... 96 Budgetary Comparison Schedule - General Fund ........................................................ 98 Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Debt Service..................................................................................................... 102 Capital Projects ................................................................................................ 103 Tax Incremental Financing District No. 3.......................................................... 104 Schedule of Operating Revenues and Expenses - Water Utility................................. 105 Schedule of Operating Revenues and Expenses - Wastewater Utility........................ 107 Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Park and Open Space ..................................................................................... 109 Revolving Loan................................................................................................. 110 Woodlawn Cemetery Capital............................................................................ 111 Park and Recreational Facilities ...................................................................... 112 Recreation ........................................................................................................ 113 Library .............................................................................................................. 114 Environmental .................................................................................................. 115 Aquatics............................................................................................................ 116 Fire Department ............................................................................................... 117 Room Tax......................................................................................................... 118 Impact Fees...................................................................................................... 119 Tax Incremental Financing District No. 2.......................................................... 120 Tax Incremental Financing District No. 4.......................................................... 121 Tax Incremental Financing District No. 5.......................................................... 122 Equipment ........................................................................................................ 123 Fire and Rescue Equipment............................................................................. 124 Woodlawn Cemetery Perpetual Care............................................................... 125