|
I
<br /> I
<br /> 2.2 Fund Equity
<br /> IlFund equity includes the sum of all outstanding project loans and the cash balance in
<br /> I Y
<br /> the fund that has been invested by the State Treasurer. The total fund equity reported by
<br /> the Colorado Financial Reporting System (COFRS) was $203.7 million on June 30, 1999,
<br /> the end of FY 98-99.
<br /> IThe $203.7 million included approximately $105.8 million in outstanding loan
<br /> principal receivable from borrowers with completed projects, $25.9 million in cash funds
<br /> I reserved for projects authorized by the Legislature that are under contract or under
<br /> construction, $71.8 million in cash funds reserved in special accounts or for future
<br /> projects authorized by the Legislature, and $0.11 million in unreserved cash. The total
<br /> I "cash balance" on June 30, 1999, was $94.7 million.
<br /> ITABLE 1
<br /> Colorado Water Conservation Board
<br /> itFinancial Statements FY 98-99
<br /> Fund Equity
<br /> I June 30, 1998 June 30, 1999
<br /> Outstanding Loans Receivable $106,424,160 $105,804,198
<br /> Reserved for Authorized Projects - Under Contract 19,691,598 `( 25,921,936
<br /> Reserved for Authorized Projects - Not Under Contract 72,651,732 71,861,291
<br /> Unreserved Cash or"Working Balance" 5,930,252 108,421 -_—...
<br /> ITotal Fund Equity on June 30 -- $204,697,742 $203,695,846
<br /> I Cash Reserved in Special Accounts June 30, 1998 June 30, 1999
<br /> Emergency Infrastructure Repair Loan Account $ 1,700,570 $ 1,064,945
<br /> Small Projects Loan Account 631,304 1,081,000
<br /> I Arkansas River Augmentation Plan Loan Account 1,033,827 570,844
<br /> Fish and Wildlife Resources Account 4,670,436 1,042,400
<br /> Litigation Account 4,000,000 3,000,000
<br /> I Species Conservation Trust Fund Transfer 1,500,000 1,000,000
<br /> Colorado River Recovery Program Loan Account 2,000,000 2,000,000
<br /> Salinity Control Program Loan Account 1,000,000 1,000,000
<br /> IPublications Account 7,809 6,322
<br /> Total $ 16,543,946 $ 10,765,511
<br /> I
<br /> I
<br /> ICWCB FY99 Annual Report,page 9
<br />
|