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C150274 Financials 2009
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C150274 Financials 2009
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Last modified
8/12/2014 3:54:38 PM
Creation date
8/12/2014 3:38:51 PM
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Loan Projects
Contract/PO #
C150274
Contractor Name
Yuma County
Contract Type
Loan
Loan Projects - Doc Type
Report
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Overview of the Financial Statements (continued) <br /> Governmental Funds (continued): <br /> General Fund (continued): <br /> Community Auxiliary Services: <br /> > Yuma County Fair is held during the month of August each year, under direction of the County <br /> Commissioners through the Yuma County Fair Board. <br /> > The County is providing financial assistance to the Irrigation Research Foundation to support <br /> agriculture research. <br /> ' > Economic Development provides assistance to retain current businesses and assists in attracting <br /> new business into the County. <br /> > The Veterans'Office assists veterans living in the County. <br /> > W-Y Communications(in Fund 1)is used to handle charges for communications towers and phone <br /> lines necessary for fire and ambulance communications. <br /> > Yuma County provides funding to the Eastern Colorado Developmentally Disabled, Inc.,which in <br /> turn provides services for developmentally disabled individuals in Yuma County and nine other <br /> counties. <br /> > The Yuma County Water Authority Public Improvement District,which is reported as a blended <br /> component unit of the County, was created to address an imminent threat to the economic viability <br /> 1 of a significant area within Yuma County and to assist in the State of Colorado's compliance with <br /> its obligations under a compact by purchasing surface water rights in the North Fork of the <br /> Republican River basin. <br /> Intergovernmental Co-Operations: <br /> > The County, in partnership with other counties of the region, supports the Extension Service, NE <br /> Colorado Association of Local Governments, NE Colorado Bookmobile, and NE Colorado <br /> Transportation Authority. <br /> > The W-Y Communications Center dispatches E911 calls from Yuma and Washington Counties. Its <br /> operational revenues come from Washington County,Yuma County,and the Authority Board,which <br /> handles the telephone surcharge. <br /> The County supports the Landfill along with the City of Yuma, City of Wray, and the Town of Eckley. <br /> Governmental Funds-Special Revenue Funds:The County's special revenue funds account for <br /> specific revenues that are legally restricted to expenditures for particular purposes. The County's special <br /> revenue funds include the Road and Bridge Fund, Landfill Fund, Landfill Closure Fund, Human Services <br /> Fund, Contingent Fund, Recreation Fund, Conservation Trust Fund, Self Insurance Fund, Capital <br /> Acquisition Fund, Useful Public Service Fund, Sheriff's Victim Assistance and Grant Fund, Grant Fund, <br /> Water Authority Public Improvement District Fund,TASK Force Fund, Separation of Employment Fund, <br /> 1 Emergency Reserve Fund and Gravel Fund. <br /> Fiduciary Funds-Agency Funds: The County has assets held as an agent for other governments <br /> and/or other funds. The County Treasurer holds agency funds on behalf of other governments. The <br /> County Clerk is holding funds for the State of Colorado and others. The Employees' Section 125 Plan, <br /> Sheriff's funds, Public Trustee and Payroll Clearing Funds also had funds at year end. Sheriffs funds <br /> consist of the Sheriff's Inmate and Commissary and Reserve Training and Equipment accounts. <br /> Information regarding the agency funds is available on page C7. <br /> Schedules and Notes to the Financial Statements: <br /> The notes provide additional information that is essential to a full understanding of the data provided in <br /> the government-wide and fund financial statements. The Notes to the Financial Statements can be found <br /> in Section D of this report. <br /> I <br /> B3 <br /> r <br />
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