LEGAL NOTICE
NOTICE IS HEREBY GIVEN: the Shoshone County Planning and Zoning Commission will hold a public meeting that is scheduled for April 9th, 2008 at 7:00 p.m. in the Public Safety Facility, 717 Bank Street, Wallace, Idaho, to consider the following:
A. FILE: CU-215-08
APPLICANT: Saunders Outdoor Advertising
LOCATION: 53901 Silver Valley Road, Kellogg
PARCEL: 48N03E038400
REQUESTING: Approval for a Conditional Use Permit to install and maintain two (2) billboard type, off premises advertising signs in the (GC) General Commercial Zone.
B. FILE: CU-216-08
APPLICANT: Zanetti Bros. Inc
LOCATION: I-90 Eastbound On-Ramp at Pinehurst
PARCEL: 49N02E329060 & 49N02E336200
REQUESTING: Approval for a Conditional Use Permit to expand operations of surface mining of gravel in the (NR) Natural Resource Zone.
C. FILE: PUD-012-08
APPLICANT: Silver Mountain Ventures, LLC
LOCATION: East Ridge of Silver Mountain Ski Resort
PARCEL: 48N03E200800 / 0900
REQUESTING: Approval for a Planned Unit Development with 875 Units in the (NR) Natural Resource Zone.
Written testimony or other misc. information, in support or opposition to this proposal, which is intended to be submitted at the Public Meeting be submitted to the Planning Administration. Additionally, all information presented and or submitted shall become the property of Shoshone County will be on file at the Planning Administration office.
Additional information concerning the above item may be obtained from the Shoshone County Planning Administration Office, County Courthouse, 700 Bank Street Suite 25, Wallace, Idaho (208) 752-8891 or Fax (208) 556-5135 or E-mail: pz@co.shoshone.id.us. Anyone with disabilities requiring special assistance in order to attend the public meeting must call the Planning Administration Office at least two (2) days prior to the public meeting.
SHOSHONE COUNTY PLANNING & ZONING COMMISSION
Jeff Legg, Planning Administrator
Legal # SHO897
2 x 3/25/2008 4/1/2008
PEND OREILLE HOSPITAL DISTRICT
INDEPENDENT AUDITORS REPORT
Board of Trustees
Pend Oreille Hospital District
Sandpoint, Idaho
We have audited the accompanying balance sheets of Pend Oreille Hospital District (District) of and for the years ended December 31, 2007 and 2006, and the related statements of operations, changes in net assets, and cash flows for the year then ended December 31, 2007. These financial statements are the responsibility of the District1s management. Our responsibility is to express an opinion on these financial statements based on our audit.
We conducted our audits in accordance with auditing standards generally accepted in the United States of America and standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by managemment, as well as evaluating the overall financial statement presentation. We believe that our audits provides a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly in all material respects, the financial position of Pend Oreille Hospital District at December 31, 2007 and 2006, and the results of its operations and its cash flows for the year then ended December 31, 2007, in conformity with generally accepted accounting principles in the United States of America.
In accordance with Governmental Auditing Standards, we have also issued our report dated March 14, 2008 on out consideration of Pend Oreille Hospital District internal control over financial reporting and our test of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of the audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of our audit.
This report is intended for the information of the Board of Trustees, management, and federal and state agencies. However, this report is a matter of public record and its distribution is not limited.
MICHAEL R. BELL & COMPANY, PLLC
March 14, 2008
Balance Sheets
December 31, 2007 and 2006
Assets
2007 2006
Property taxes receivable (note 1) $710,607 $654,682
Liability and Net Assets
Liability, due to Bonner
General Hospital, Inc. (note 1) $710,607 $654,682
Net Assets - -
Total liabilities and net assets $710,607 $654,682
See accompanying notes to financial statements
PEND OREILLE HOSPITAL DISTRICT
Statement of Revenue and Expenditures and Changes in Net Assets For the Year Ended December 31, 2007
2007
Revenue (note1)
Property Taxes $823,514
$823,514
Expenditures (note 1)
In support of Bonner Geneal Hospital, Inc. (823,514)
Revenue in excess of Expenditures
Net assets- beginning of year
Net assets- end of year
Statement of Cash Flows
For the Year Ended December 31, 2007
2007
Cash Flows From Operating Activities
Revenue in excess of expenditures
Adjustments to reconcile revenue in
excess of expenditures to net cash provided by
operating activities: Decrease in property taxes receivable (55,925)
Increase in liability, due to Bonner General Hospital, Inc. 55,925
Net cash provided by operating activities
Cash, Beginning of Year
Cash, End of Year
See accompanying notes to financial statements
PEND OREILLE HOSPITAL DISTRICT
Notes to Financial Statements
December 31, 2007 and 2006
Note 1 Organization and Summary of Significant Accounting Policies
Organization
Pend Oreille Hospital District (District) is a political subdivision of the State of Idaho and was established to support and/or operate hospital facilities within the District, the geographical boundaries of which include the city of Sandpoint and approximately two-thirds of Bonner County, Idaho.
Bonner General Hospital, Inc (Hospital) is a tax-exempt Idaho corporation organized for the purpose of constructing, maintaining, operating, and holding title to the Hospital facility in Bonner County. A cooperative agreement has existed between the District and the Hospital since 1981. This agreement provides that the Boards will jointly formulate the Hospital's operating budget and that certain operating costs shall be the responsibility of the District to be paid from the tax revenue available to the District. The District functions an intermediary through which property taxes are levied for the purpose of providing financial support to the Hospital by Board resolution, toward payment of maintenance and operation expenditures.
Significant Accounting Policies
Property Tax
Property taxes are levied as of January 1 on property values assessed on the same date. The property is subject to lien on January 1. Tax levy notices are issued in November and payments are due on December 20 and June 20. The billings are considered past due on one day after the respective payment dates at which time penalties and interest are assessed.
Use of estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires the Trustees to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING
STANDARDS
Boards of Trustees
Pend Oreille Hospital District
Sandpoint, Idaho
We have audited the financial statements of Pend Oreille Hospital District (District) for the year ended December 31, 2007 and have issued our report thereon dated March 14, 2008. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.
Internal Control Over Financial Reporting
In planning and performing our audit, we considered the District's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinions on the financial statements and not to provide an opinion on the internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the District's internal control over financial reporting.
A control deficiency exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the District's ability to initiate, authorize, record, process, or report financial data reliably in accordance with generally accepted accounting principles such that there is more than a remote likelihood that a misstatement of the District's financial statements that is more the inconsequential will not be prevented or detected by the District's internal control.
A material weakness is a signficant deficiency, or combination of significant deficiencies, that result in more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the District's internal control.
Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and would not necessarily identify all deficiencies in internal control that might be significant deficiencies or material weaknesses. We did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses, as defined above.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regualtions, contracts and grant agreements, noncompliance with which could have direct and material effect on the determination of financial statement amounts. However, providing an opinion compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The result of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
This report is intended solely for the information and use of the Board of Trustees, management, and federal and state agencies and is not intended to be and should not be used by anyone other than these specified parties. However, this report is a matter of public record and its distribution is not limited.
MICHAEL R. BELL & COMPANY, PLLC
March 14, 2008
SNP LEGAL 9409
APRIL 1, 2008