All financial transactions of the offices of elected
officials of Larimer County are included in the General Fund of
the County's Comprehensive Annual Financial Report. The Board
of County Commissioners has budgetary authority over the elected
officials and is accountable for all fiscal matters. County property
taxes fund a significant portion of the costs of operating the
elected officials' offices. Services provided by the elected
officials are for the benefit of Larimer County residents and
are conducted within the boundaries of the County. The District
Attorney's office encompasses the entire 8th Judicial District,
a portion of which is in Jackson County. Jackson County reimburses
Larimer County for its portion of costs. Receipts and disbursements
of federal and local crime victim compensation funds administered
by the District Court are accounted for in an agency fund. The
District Attorney appoints the local crime victim compensation
board, who has governing responsibility for the funds.
This Comprehensive Annual Financial Report presents
the financial statements of Larimer County (the primary government)
and its component units in accordance with Statement 14 of the
Governmental Accounting Standards Board, "The Financial Reporting
Entity". The component units discussed below are included
in the County's reporting entity because of the significance of
their operational or financial relationships with the County
Blended Component Units:
The Larimer County Pest Control District, a separate
legal entity according to State statutes, is included in Larimer
County's Comprehensive Annual Financial Report as a special revenue
fund. The District is not governed by a separately elected governing
body other than the Board of County Commissioners. There are
no separate financial statements.
Larimer County General Improvement Districts have
been included in Larimer County's Comprehensive Annual Financial
Report as special revenue funds. These districts are: Imperial
Estates, Pinewood Springs, Carriage Hills, Namaqua Hills Maintenance,
Homestead Estates, Meadowdale Hills, Red Feather, Little Valley
Road and Club Estates. The districts are separate political subdivisions,
but the Board of County Commissioners serves as the board of each.
Those districts do not issue separate financial statements.
Discretely Presented Component Unit:
The Office of the Public Trustee has been included in Larimer County's Comprehensive Annual Financial Report as a discretely presented component unit. The Office of the Public Trustee is a legally separate entity and governed by state regulations, but was designated as part of the County for budgetary and audit purposes by an act of the Colorado General Assembly in 1989. There are no separate financial statements.