Annual Financial Report 2015-2016

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SALT LAKE COMMUNITY COLLEGE A Component Unit of the State of Utah ANNUAL FINANCIAL REPORT 2015-2016

CONTENTS President’s Message

3

Independent State Auditor’s Report

4

Management’s Discussion and Analysis

7

Basic Financial Statements

17

Statement of Net Position

18

Statement of Revenues, Expenses, and Changes in Net Position

19

Statement of Cash Flows

20

Notes to Financial Statements

23

Required Supplementary Information

43

Governing Boards and Executive Cabinet

47

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