NOTE 16 - RESERVATIONS AND DESIGNATIONS OF FUND EQUITY

LARIMER COUNTY, COLORADO
NOTES TO FINANCIAL STATEMENTS
Year Ended December 31, 1999

NOTE 16 - RESERVATIONS AND DESIGNATIONS OF FUND EQUITY:

Reservations:

Reservations of fund equity either indicate that a portion of fund equity is legally segregated for a specific future use or indicate that a portion of fund equity is not appropriable. The following reservations are used by the County:

Reserved Retained Earnings - segregates a portion of retained earnings to indicate it is committed to a specific future use. Reserved retained earnings consist of the following:

	Capital		Working	Future
December 31, 1999	Outlay	Insurance	Capital	Projects	Total

Enterprise Fund:
Solid Waste	$ 2,848,466	$ -	1,359,449	$ -	$ 4,207,915

Internal Service Funds:
Fleet Services	-	-	531,110	855,749	1,386,859
Print Shop	93,106	-	22,514	21,777	137,397
Telecommunications	-	-	113,798	814,783	928,581
Self-Insured Reserve	-	3,847,975	-	-	3,847,975
	93,106	3,847,975	667,422	1,692,309	6,300,812

Total	$ 2,941,572	$ 3,847,975	$ 2,026,871	$ 1,692,309	$ 10,508,727

Reserved Fund Balances - segregates a portion of fund balances to indicate that prepaid expenditures and inventories do not represent available, spendable resources even though they are a component of net current assets. Fund balance reserved for capital projects indicates the fund balance is restricted for the payment of sales tax distributions, open lands purchases and major facilities construction. Fund balance reserved for debt service indicates the fund balance is restricted for the payment of debt principal and interest maturing in future years. Fund balance reserved for emergencies represents a 3% legal restriction pursuant to Article X, Section 20 of the State Constitution (Tabor Amendment). Reserved fund balances consist of the following:

		Capital			Debt
December 31, 1999	Advances	Projects	Prepaids	Inventory	Service	Emergencies	Total

General Fund	$ 253,359	$ -	$ -	$ -	$ -	$ 533,755	$ 787,114

Special Revenue Funds:
Contingent	-	-	-	-	-	1,755,541	1,755,541
Health and Environment	-	-	-	46,541	-	-	46,541
Health and Human Services	-	-	4,695	-	-	-	4,695
Open Lands	-	4,334,033	-	-	-	-	4,334,033
Pest Control	-	-	-	-	-	6,382	6,382
Road and Bridge	-	-	5,000	-	-	-	5,000
Sales Tax	-	9,799,563	-	-	-	-	9,799,563
Homestead Estates	-	-	-	-	-	19	19
Imperial Estates	-	-	-	-	-	78	78
Meadowdale Hills	-	-	-	-	-	153	153
Namaqua Hills Maintenance	-	-	-	-	-	626	626
	-	14,133,596	9,695	46,541	-	1,762,799	15,952,631

Debt Service Funds:
Assessment Debt	-	-	-	-	965,960	-	965,960
Larimer County Building
Authority Debt	-	-	-	-	6,602,056	-	6,602,056
	-	-	-	-	7,568,016	-	7,568,016

Capital Projects Fund:
Larimer County Building
Authority Construction	-	36,945,454	-	-	-	-	36,945,454

Totals	$ 253,359	$ 51,079,050	$ 9,695	$ 46,541	$ 7,568,016	$ 2,296,554	$ 61,253,215

Designations:

Designations of fund balances are not legally required segregations, but indicate that portion of fund balances the County has made tentative plans for. The following designations are used by the County:

	Designated for	Capital
	Subsequent Year's	Outlay &	Working	Future
December 31, 1999	Expenditures	Projects	Capital	Projects	Total

General Fund	$ -	$ -	$ 6,000,296	$ 3,476,392	$ 9,476,688

Special Revenue Funds:
Building Inspection	252,440	74,866	293,591	595,705	1,216,602
Community Corrections	-	50,000	290,839	465,099	805,938
Conservation Trust	-	-	-	144,432	144,432
Enterprise Zone	-	-	-	3,326	3,326
Fair	30,112	-	30,695	70,640	131,447
Health and Environment	78,239	-	150,000	358,045	586,284
Health and Human Services	-	-	-	107,146	107,146
Human Development	32,823	-	-	297,895	330,718
Human Services	62,960	-	2,722,931	1,122,739	3,908,630
Parks	147,000	-	-	269,361	416,361
Payments in Lieu of Taxes	-	-	-	591,875	591,875
Pest Control	68,506	13,862	96,937	24,593	203,898
Public Trustee	-	-	-	221,772	221,772
Road and Bridge	460,526	-	-	4,578,702	5,039,228
Workforce Center	14,004	-	-	77,380	91,384
Carriage Hills	-	-	-	16,195	16,195
Club Estates	-	-	-	6,631	6,631
Country Meadows	-	-	-	24,780	24,780
Homestead Estates	-	-	-	4,621	4,621
Imperial Estates	9,500	-	-	31,022	40,522
Kitchell Subdivision	-	-	-	9,879	9,879
Little Valley Road	-	-	-	2,894	2,894
Meadowdale Hills	-	-	-	237	237
Namaqua Hills Maintenance	-	-	-	125,123	125,123
Pinewood Springs	-	-	-	54,681	54,681
Red Feather	-	-	-	3,492	3,492
Skyview South	12,640	-	-	2,644	15,284
Venner Ranch	535	-	-	4,035	4,570
	1,169,285	138,728	3,584,993	9,214,944	14,107,950

Capital Projects Funds:
Capital Communications Equipment	-	-	-	782,806	782,806
Capital Expenditures	103,226	3,071,254	-	1,040,086	4,214,566
Improvement District Construction	9,214	5,378	-	192,670	207,262
Replacement Fund	579,860	1,869,917	100,000	1,330,074	3,879,851
	692,300	4,946,549	100,000	3,345,636	9,084,485

Total	$ 1,861,585	$ 5,085,277	$ 9,685,289	$ 16,036,972	$ 32,669,123

Designated for Subsequent Year's Expenditures represents fund balance commitments for appropriated expenditures in excess of anticipated revenues for the year ending December 31, 1999. Fund balances are also designated for the following other purposes:

(a) Capital outlay and projects - purchases of equipment, land, buildings or capital improvement projects.

(b) Working capital - balances which the County Commissioners determined should be maintained at all times and are not available for appropriation; or

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