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<br />TABLE 4
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<br />SAN LUIS VALLEY IRRIGATION DISTRICT
<br />CENTER, COLORADO
<br />COMPARATIVE STATEMENT OF INCOME AND EXPENSES AND CHANGES IN FUND BALANCE
<br />FOR YEARS ENDED DECEMBER 31, 1979 AND DECEMBER 31, 1980
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<br /> Year Ended Year Ended
<br /> December 31, 1979 D:'cember 31, 1980
<br /> Amount Percent Amount Percent
<br /> Income
<br />, .;- ,,_ Property Taxes 173,278.51 98.4 231,003.58 86.8
<br />! . Interest on Savings 1,165.07 .7 -0- -0-
<br /> Miscellaneous Income 1,521. 92 .9 4,609.22 1.7
<br /> Machine Hire 30,380.49 11.5
<br /> Total Income -175,965.50 100.0 265,993.29 100.0
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<br /> Expenses
<br /> Salaries and Related Costs
<br /> Superintendent 19,260.00 10.9 21,180,00 7.9
<br /> Reservoir Caretaker 9,300.00 5.2 10,500.00 3.9
<br /> Ditch Riders -43;983.40 25.0 53,053.78 19.9
<br /> Directors and Legal 6,774.73 3.9 8,261. 72 3.1
<br /> Secretary 3,628.00 2.1 3,960.00 1.5
<br /> Total 82,946.13. 47.1 96,955.50, 36.3
<br /> Repairs and Supplies
<br /> Heavy Equipment 2,341. 39 1.3 16,941. 90 6.4
<br /> Vehicles 8,7B1.39 ,4.9 9,184.01! 3.5
<br /> Tools and Misc. Repairs 3,013.46 1.8 2,470.65' .9
<br />. Total 14,136.24 8.0 28,596.56 10.8
<br />Other Expenses
<br /> Reservoir Upkeep 5,016.53 2.8 7,631. 78 2.9
<br /> Gas, Oil and Diesel Fuel 8,393.06 4.7 16,110.97 6.1
<br /> Water Assessment 76,756.40 44.1 21,930.40 B.2
<br /> Insurance, Taxes and Fees 16,517.67 9.3 19,538.76 7.4
<br /> Shop and Office Supplies 3,721. 70 2.1 9,926.63 3.7
<br /> Weed Control 1,356.08 .7 1,902.'43 .7
<br /> Miscellaneous 5,101.20 2.6 4,473.96 1.7
<br /> Interest Expense 6,375.33 3.6 8,369.85 3.2
<br /> Total Expenses 220,320.34 125.2 215,436.84 81.0
<br /> Net Income or (loss)
<br /> From Operation (44,354.84) ( 25.2) 50,556.45 19.0
<br /> Less: Depreciation 22,514.77 12.7 25,041.51 II 9.4
<br /> Net Income or (loss) ( 66,869.61) ( 37.9) 25,514,94 9.6
<br /> Fund Balance (deficit) 1/1 ( 34,563.35) ( 101,432.96)
<br /> Less: Transfer to Fixed
<br /> Asset Fund ( 133,173.56)
<br /> Fund Balance (deficit) 12/31 101,432.96 ( 209,091. 58)
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