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TOWN OF DEBEQUE, COLORAI�O <br />NOTES TO FINANCIAL STATEMENTS - continued <br />December 31, 2004 <br />NOTE G- DUE TO/DUE FROM OTHER FUNDS ' <br />, <br />Interfund ''� Interfund <br />Receivable Payable <br />General Fund $ 134,282 $ - <br />Special Revenue Funds: ' <br />Parks � ' 11,198 <br />CapitalImprovements 2,09� 61,930 <br />Enterprise Funds: ; <br />Water � 44,854 <br />Sewer 18,392 <br />$ 136,374 $ 136,374 <br />NOTE H- COMMITMENTS AND CONTINGENCIES : <br />The Town is exposed to various risks of loss related to limited torts; theft of, damage to and <br />destruction of assets; errors and omissions and natural disasters. 'The Town is a member of the <br />Colorado Intergovernmental Risk Sharing Agency (CIRSA): CIRSA was formed by <br />intergovernmental agreement by member municipalities which belong to the Colorado Municipal <br />League. As of December 3l, 2004, there were 113 member municipalities in the property and <br />casualty pool, including the Town of DeBeque, Colorado, each having one vote. Because this is not <br />commercial insurance but rather a risk sharing pool, a large unanticipated loss by one or more of the <br />members of the pool could result in an unanticipated assessmen� against the Town and loss of <br />coverage. ; <br />Amounts received or receivable from grantor agencies are subject to audit and adjustment by <br />grantor agencies. Any disallowed claims, including amounts already collected, may constitute a <br />liability of the applicable funds. The amount, if any, of expenditures which may be disallowed <br />by the grantor cannot be determined at this time although the Town expects such amounts, if <br />any, to be immaterial. ! <br />21 <br />