LARIMER COUNTY, COLORADO
NOTES TO FINANCIAL STATEMENTS
Year Ended December 31, 1997

NOTE 12 - CHANGES IN GENERAL LONG-TERM OBLIGATIONS:

A summary of activity in the General Long-Term Obligations Account Group is as follows:

Balances 1997 1997Balances
1/1/97 Additions Reductions 12/31/97
Accrued compensated absences:
General Fund$ 2,191,227 $ 485,019$ 291,733 $ 2,384,513
Special Revenue Funds 1,965,995384,959 214,2522,136,702
Capital Projects Funds 1,214               - 1,214               -
4,158,436 869,978507,199 4,521,215
Special assessment debt:
Debt Service Fund 2,187,995 - 395,0691,792,926
Capital leases:
Special Revenue Funds 9,070 - 4,2984,772
Capital Projects Funds 667,801               - 368,567299,234
676,871 - 372,865304,006
Note payable:
Special Revenue Funds                - 775,000               - 775,000
Totals$ 7,023,302 $ 1,644,978$ 1,275,133 $ 7,393,147

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