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<br />CONDENSED BALANCE SHEET - GENERAL FUND
<br />'7:> SOUTHEASTER.", COLORADO WATER CONSERVANCY DISTRICT
<br /><7) DECEMBERJt, 1998
<br />~
<br />CO
<br />~ ASSETS LIABILITIES ~''D FUl'<'D BAL~'1CE
<br />
<br />Casb and equivaJeolS
<br />U.S. Treasul')' notes, at fair value
<br />Receivables -
<br />Due from collecting agents
<br />Property taxes
<br />Accrued interest
<br />Prepaid contract obligauon
<br />
<br />$ 2,287,459
<br />4,610,753
<br />
<br />50,768
<br />3,694,277
<br />41,667
<br />1.278.946
<br />
<br />Liabilities -
<br />Accounts payable
<br />Deferred property tax revenue
<br />Deferred coomet revenue
<br />T eta.! Liabilities
<br />
<br />$ 12,058
<br />3,694,277
<br />1,278.946
<br />4,985.281
<br />
<br />Fund Balance.
<br />Reserved for emergencies
<br />Designated for -
<br />Working capital
<br />Water rights
<br />Rights of """ay
<br />Contract repa~ment
<br />Undeslgnated
<br />Total Fund Balance
<br />
<br />125,000
<br />
<br />50,000
<br />200,000
<br />150,000
<br />3,~83.1.54
<br />2.970.335
<br />6.978,589
<br />
<br />$11.963 870
<br />
<br />SIl 963 870
<br />
<br />CONDENSED STA TDIENT OF REVENUES AND E.'\PE;\'DITURES
<br />ACTUAL AND BUDGET - GE;\'ERAL FUND ALONG \\1T1I 1999 BUDGET
<br />YEAR ENDED DECE~IBER 31,1998
<br />
<br /> 1999
<br /> Actual Bud~et Budget
<br />REVENUES
<br />Property ta..xes $ 3,372.306 $ 3,388,312 $ 3,685,854
<br />Specific ov.nership faxes 481,005 490,000 450,000
<br />Sale of project water 645,341 644,000 485,000
<br />Storage of wimer ....Olter 45,000
<br />Contract revenue 1,260.296 1.279,182 1,297,834
<br />lnterest 462,261 440,000 300,000
<br />Other lL~96 12.500 2.000
<br /> 6.23.U05 6.253.99~ 6.265.688
<br />EXPENDITURES
<br />Current -
<br />Outside sef\'ices 26~, 197 390.000 395,860
<br />Administration 108,919 213.10~ 199,83~
<br />Tr3vel and related expenses 21,52J 21,000 23,000
<br />Office expenses 82.J32 114,700 106,400
<br />Collection fees :55,O~1 64,000 73,000
<br />Capital outlay 890 12,000 40,000
<br />Contr.Lct obligatlons 5.1-19.015 5,170.310 5.311,O88
<br />Con[jng:enc~' 10,000 10.000
<br /> 5.783.018 5.996.11J 6.159.182
<br />'XCE5S OF RE\'ENL 105 OVER EXPE>o:DIT1.;RES $ J51 Ji7 $ 157.780 5 106.506
<br />ee lndependent Auditors' Repon. 13
<br />be accompanymg notes Me an integral p3lt of this statement,
<br />
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