2000 Severance Tax Financial Statement

• Year: 2000
• Title: Severance Tax Trust Fund
• Description: Severance Tax Trust Fund 2000 Financial Statement
• Publications - Doc Type: Financial Statement

COLORADO WATER CONSERVATION BOARD
SEVERANCE TAX TRUST FUND - PERPETUAL BASE ACCOUNT
Statement of Revenue, Expenses and Changes in Retained Earnings
Years ended June 30, 2000 1999 and 1998
(see accountant's compilation report)
2000 1999 1998
INTEREST REVENUE
Net investment income ' $ 1,309,405 $ $
Interest income loans 374,964 218,000
Total Interest Revenue 1,684,369 218,000
OTHER REVENUE
Severance tax 7,986,967 8,475,626 7,434,929
Total Revenue 9,671,336 8,693,626 7,434,929
EXCESS REVENUE OVER EXPENSES 9,671,336 8,693,626 7,434,929
FUND EQUITY/RETAINED EARNINGS
BEGINNING OF YEAR 30,264,366 21,570,740 14,135,811
FUND EQUITY/RETAINED EARNINGS -
END OF YEAR $ 39,935,702 $ 30,264,366 $ 21,570,740