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The County has agreed to provide funding to Foothills-Gateway Rehabilitation Center, Inc. (which provides education of mentally retarded and seriously handicapped persons) as long as funds are available to be appropriated, payable at $166,250 annually. The County has paid Foothills-Gateway $1,566,250 since the inception of the agreement in 1992.

In November 1997, Larimer County citizens voted for a temporary sales tax of four-tenths of one percent to finance a major facility construction program. Current projects include a new justice center in Loveland; sheriff's administration building; and remodeling of the existing administrative offices in Fort Collins and Loveland. At December 31, 2000, construction costs totaled $4.3 million, with $.3 million remaining.

On November 3, 1998, citizens voted for a temporary sales tax of one-tenth of one percent to purchase land and build Larimer County Fairgrounds and Event Center. The land was purchased in June 2000 for $1,822,500.

In November 2, 1999, citizens voted for a 20-year temporary sales tax of one-fifteenth of one percent for the construction, operation, and maintenance of a new fairgrounds and events center. The tax will be terminated on December 31, 2001 if either of the following two contingencies are not met by November 1, 2001: (1) the County receives commitments for private sector participation of not less than $3 million and (2) a comprehensive traffic study is completed and the Board determines that traffic issues have been adequately addressed. At December 30, 2000, $187,735 has been expended towards the development and planning of the Fairgrounds and Event Center.

The County is currently the defendant in several pending lawsuits. Legal counsel is of the opinion that potential claims against the County resulting from such litigation not covered by insurance do not pose a threat of significant liability to the County.

Back to 2000 Financial Report