|
<br />"
<br />,
<br />
<br />. COLORADO WATER CONSERVATION BOARD
<br />CONSTRUCTION FUND
<br /> Statements of Revenue, Expenses and Changes in Retained Earnings
<br /> Years ended June 30, 2001, 2000 and 1999
<br /> (see accountant's compilation report)
<br /> 2001 2000 1999
<br />INTEREST REVENUE
<br /> Net investment income $ 5,592,115 $ 5,686,367 $ 5,666,540
<br /> Interest earnings - loans 3,966,160 5,044,114 4,497,454
<br /> Total Interest Revenue 9,558,275 10,730,481 10,163,994
<br />OTHER REVENUE
<br /> Mineral lease income 6,069,323 4,194.325 3.820,661
<br /> Severance tax 133,495
<br /> Other 26,273 121,804 37,418
<br /> Total Other Revenue 6,095,596 4,449.624 3,858,079
<br /> Total Revenue 15,653,871 15,180,105 14,022,073
<br />OPERATING EXPENSE
<br /> Interdepartmental operations 2.364,408 2.091,341 3,975.624
<br />e Non-reimburseable investments 1,960,644 243,835 118,865
<br />Salaries and other operating expenses 2.085,816 2.067,525 1,258.782
<br /> Total Operating Expense 6,410,868 4,402,701 5.353.271
<br />OTHER EXPENSE
<br /> Species Conservation Trust contribution 2,000,000 1.000.000
<br /> Total Other Expense 2.000,000 1,000.000
<br /> Total Expense 6,410.868 6,402.701 6.353.271
<br />EXCESS REVENUE OVER (UNDER)
<br /> EXPENSES 9,243,003 8.777,404 7.668,802
<br />RETAINED EARNINGS - BEGiNNING
<br /> OF YEAR 222,373.347 213.595,943 205,927,141
<br />RETAINED EARNINGS - END OF YEAR $ 231.616,350 $ 222.373,347 $ 213,595,943
<br />
<br />.
<br />
|