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I
<br /> I2.0 Construction Fund
<br /> I 2.1 Fund Equity
<br /> I Fund equity includes the sum of all outstanding project loans and the cash balance in the fund
<br /> which has been invested by the State Treasurer. The total fund equity reported by the Colorado
<br /> Financial Reporting System(COFRS)was$185.1 million on June 30, 1996, the end of FY 95-96.
<br /> This included approximately $96.0 million in outstanding loan principal receivable from
<br /> borrowers with completed projects, $20.4 million in cash funds reserved for projects authorized by
<br /> Ithe Legislature which are under contract or under construction, $66.0 million in cash funds reserved
<br /> in special accounts or for future projects authorized by the Legislature, and $2.7 million in
<br /> unreserved cash. The total "cash balance" on June 30, 1996,was $89.0 million.
<br /> ITABLE 1
<br /> I Colorado Water Conservation Board
<br /> Financial Statements FY 95-96
<br /> IActual Actual
<br /> Fund Equity J ne 30.1995 June 30.1996
<br /> I Outstanding Loans Receivable 73,642,953 96,049,917
<br /> Reserved for Authorized Projects-Under Contract 26,587,562 20,424,403
<br /> Reserved for Authorized Projects-Not Under Contract 74,215,404 65,953,620
<br /> I Unreserved Cash or "Working Balance" (490,674) 2,664,758
<br /> Total Fund Equity on June 30 $173,955,245 $185,092,698
<br /> I
<br /> I Actual Actual
<br /> Cash Reserved in Special Accounts June 30. 1995 June 30. 1996
<br /> Emergency Infrastructure Repair Account 1,532,501 1,532,501
<br /> I Small Projects Account 2,000,000 1,875,000
<br /> Arkansas River Augmentation Plan Loan Account 985,667 750,000
<br /> Wildlife Mitigation Account 5,799,580 4,670,436
<br /> Litigation Account 4,000,000 4,000,000
<br /> l Publications Account -- _ 5,312 - --� 5,410
<br /> Total $14,323,059 $12,833,347
<br /> I
<br /> I
<br /> CWCB FY96 Annual Report,page 5
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