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III
<br /> 2.0 Construction Fund
<br /> 1 2.1 Fund Equity
<br /> IFund 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 $193.5 million on June 30, 1997, the end of FY 96-97.
<br /> IThis included approximately $102.1 million in outstanding loan principal receivable from
<br /> borrowers with completed projects, $21.3 million in cash funds reserved for projects authorized by
<br /> Ithe Legislature which are under contract or under construction, $67.3 million in cash funds reserved
<br /> in special accounts or for future projects authorized by the Legislature, and $2.8 million in
<br /> unreserved cash. The total "cash balance" on June 30, 1997, was $91.4 million.
<br /> ITABLE 1
<br /> 1 Colorado Water Conservation Board
<br /> Financial Statements FY 96-97
<br /> I
<br /> I Fund Equity June 30,1996 June 30,1997
<br /> Outstanding Loans Receivable $ 96,049,917 $102,068,208
<br /> Reserved for Authorized Projects-Under Contract 20,424,403 21,279,596
<br /> Reserved for Authorized Projects-Not Under Contract 65,953,620 67,320,703
<br /> IUnreserved Cash or"Working Balance" 2,664,758 2,812,981
<br /> Total Fund Equity on June 30 $185,092,698 $193,481,488
<br /> I
<br /> I Cash Reserved in Special Accounts June 30, 1996 June 30,1997
<br /> Emergency Infrastructure Repair Loan Account $ 1,532,501 $ 1,532,501
<br /> Small Projects Loan Account 1,875,000 712,836
<br /> I Arkansas River Augmentation Plan Loan Account 750,000 2,204,911
<br /> Fish and Wildlife Resources Account 4,670,436 5,143,663
<br /> Litigation Account 4,000,000 4,000,000
<br /> Salinity Control Program Loan Account 0 1,000,000
<br /> I Horse Creek Basin Loan Account 0 915,000
<br /> Publications Account 5,410 2,986
<br /> 1 Total $ 12,833,347 $ 15,511,897
<br /> I
<br /> ICWCB FY97 Annual Report,page 5
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