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<br />I
<br />l.
<br />BALANCE SHEET 6ENERAL FUND
<br />SOUTHEASTERN COLORADO W . RCONSERVANCY DISTRICT
<br />Year Ended Dec ,~ber 31,1976 .
<br />,
<br />r
<br />
<br />II
<br />
<br />II
<br />Iii
<br />II
<br />II
<br />I:
<br />:1
<br />III
<br />Iii
<br />II
<br />II
<br />II
<br />I
<br />I!
<br />,I
<br />II
<br />Ii
<br />II
<br />II
<br />Ii
<br />II
<br />I
<br />,
<br />
<br />Assets
<br />
<br />CURRENT ASSETS
<br />Cash - general
<br />Cash in savings account - retirement
<br />Receivables from counties
<br />U.S. Treasury bills - at cost
<br />(maturity value $2,650,000)
<br />Accrued interest receivable-
<br />U.S. Treasury bills
<br />Prepaid insurance
<br />
<br />Liabilities
<br />
<br />I
<br />
<br />tCURRENT LIABILITIES
<br />
<br />Accounts payable
<br />Payroll deductions-
<br />,. Taxes
<br />.." United Fund of Pueblo, Inc.
<br />11':+
<br />'l'\ TOTAL CURRENT L1ABILlTIES
<br />"?""
<br />
<br />P~.~UND BALANCE - NOTE C
<br />
<br />Interest
<br />Sale of project water
<br />Miscellaneous
<br />TOTAL REVENUES
<br />EXPEND]TURES
<br />Legal
<br />Engineering
<br />River adminisl.ration and education
<br />Legislation and public relations
<br />Capital outlay
<br />Administration
<br />Collection costs paid to countie!l
<br />Purchase of project water
<br />Repayment of contract obligations
<br />TOTAL EXPENDITURES
<br />EXCESS OF REVENUES ~I.
<br />OVER EXPENDITURES !, 170,062 , 200,935 , 171,795
<br />
<br />NOTE A - SIGNIFICANT ACCOUNTING POLICIES ~:
<br />Revenue and expenditures are recorded on the acerrual basis. Depreciation is not provided on the general fixed
<br />assets.
<br />
<br />In accordance with provisions of the budget, the fund balance
<br />has been allocated as follows:
<br />
<br />ALLOCATED FUND BALANCE -
<br />
<br />Working Capital Fund. Gen. Fund
<br />Acquisition of Water Rights
<br />Acquisition of Rights of Way
<br />Repayment of Contract Obligations
<br />(Debt Service)
<br />Total Allocated Fund Balance
<br />Unallocated Fund Balance
<br />Total Fund Balance
<br />
<br />$
<br />
<br />82,050
<br />7,188
<br />2,~97
<br />2,582,411
<br />
<br /><::)
<br />C)
<br />....
<br />~
<br />~
<br />
<br />30,433
<br />5,242
<br />$2,709,821
<br />
<br />'jIC"
<br />ni.
<br />Statement of Revenu~; arr.d Expenditures
<br />GENERAl:' FUND
<br />Year Ended Dec~;'ber 31, 1976
<br />
<br />REVENUES
<br />Coun ties --
<br />General prQperty tax and interellt -
<br />Specific ownership tax
<br />Total Counties
<br />
<br />1976
<br />Actual
<br />S 447.008
<br />34.848
<br />S 481,856
<br />145.]27
<br />66.344
<br />1,998
<br />$ 695,325
<br />
<br />S 71,833
<br />49.062
<br />8.435
<br />9,997
<br />3,634
<br />99,785
<br />6,845
<br />53,808
<br />221,864
<br />, 52S,263
<br />
<br />NOTE B - LAND, BUlLDlNCS AND EQUIPMENT
<br />
<br />The cost of the land, buildings and equipment of
<br />the District at December 31, 1976 was $117,23'1, an
<br />increase of $345 from 1975.
<br />
<br />NOTE C - FUND BALANCE
<br />
<br />The General Fund balance at December 31, 1976
<br />increased $170,062 over 1975. This is the excess
<br />of revenues over expenditures for the year.
<br />
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<br />
<br />- '. .' ,'~. -. ".-:,-
<br />
<br />. . ~. .~.~~.: ,~,,:,~"'w'~\~, '_~;,__~:~:
<br />
<br />"':~:':.:.:-
<br />
<br />:;':~":'
<br />
<br />1976
<br />Budget
<br />, 456,500
<br />55,500
<br />, 512.000
<br />200,000
<br />163,200
<br />
<br />, 875,200
<br />
<br />, 80,000
<br />50,000
<br />10,500
<br />20,000
<br />12,500
<br />138.765
<br />7,500
<br />120,000
<br />235,000
<br />
<br />S 674,265
<br />
<br />.,
<br />
<br />$ 19,409
<br />
<br />501
<br />36
<br />$ 19,9~6
<br />
<br />2,689,875
<br />$2,709,821
<br />
<br />.1
<br />..
<br />
<br />1977
<br />Budget
<br />, 478,190
<br />55,500
<br />S 533,690
<br />200,000
<br />]51,200
<br />~
<br />S 885,890
<br />
<br />S 90,000
<br />75,000
<br />15,500
<br />20,000
<br />12,500
<br />146,000
<br />8.000
<br />108,000
<br />239,095
<br />S 714.095
<br />
<br />c.
<br />
<br /> 1976 1975
<br />$ 25,000 $ 25.000
<br /> 200,000 200,000 ',.
<br /> 150,000 150,000
<br /> .' I
<br /> 2,207,703 1,885,357 ,....
<br />$2,582.703 $2,260,357
<br /> 107,172 259,456
<br />$2,689,875 $2.519,813
<br />
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