Combined Balance Sheet

LARIMER COUNTY, COLORADO
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND DISCRETELY PRESENTED COMPONENT UNIT
December 31, 1998
(With comparative totals for December 31, 1997)

Fiduciary

Governmental Fund Types Proprietary Fund Types Fund Types Account Groups

Enterprise Expendable General

Special Debt Capital Solid Internal Trust & General Long-Term Memorandum Totals

General Revenue Service Projects Waste Service Agency Fixed Assets Obligations 1998 1997

ASSETS AND OTHER DEBITS

Petty cash $ 18,570 $ 103,947 $ - $ 100 $ 3,080 $ 680 $ - $ - $ - $ 126,377 $ 113,138

Equity in Treasurer's pool (Note 3) 7,613,109 17,693,875 7,169,206 65,486,164 4,805,448 7,422,697 10,123,976 - - 120,314,475 46,111,221

Taxes receivable 30,562,395 13,808,180 - - - - - - - 44,370,575 40,585,219

Special assessments receivable - - 1,807,510 - - - - - - 1,807,510 2,059,366

Accrued interest receivable 65,391 27,061 33,048 150,009 - - - - - 275,509 182,770

Due from other County funds (Note 4) 1,889,864 2,131,776 32 186,439 182,808 144,037 655,171 - - 5,190,127 3,180,262

Due from other governmental units 205,912 3,944,675 - - 18,327 16,646 - - - 4,185,560 3,577,014

Other receivables 70,935 230,694 - 31,337 358,419 59,059 33,832 - - 784,276 1,383,432

Prepaids - - - - - 47,130 - - - 47,130 130,089

Inventories - 459,947 - - - 117,543 - - - 577,490 539,002

Food stamps/commodities - - - - - - - - - - 189,890

Restricted assets:

Cash 47,273 391,589 - - 9,600 - 772,100 - - 1,220,562 1,150,400

Deferred compensation plan investments - - - - - - - - - - 8,475,081

Advances to other County funds (Note 4) 30,000 - - - - - - - 30,000 -

Assets held for resale - - - - - 163,125 - - - 163,125 -

Land - - - - 369,760 - - 13,168,044 - 13,537,804 10,450,367

Buildings - - - - 3,565,966 52,334 - 15,304,031 - 18,922,331 18,779,093

Improvements - - - - 88,751 1,043,770 - 10,763,972 - 11,896,493 11,552,819

Equipment - - - - 2,419,327 1,687,697 60,454 27,557,103 - 31,724,581 30,995,943

Construction in progress - - - - - - - 10,427,286 - 10,427,286 440,546

Less: Accumulated depreciation - - - - (1,821,808) (1,613,233) - - - (3,435,041) (3,094,195)

Amount available in Debt Service Funds - - - - - - - - 7,138,117 7,138,117 601,584

Amounts to be provided for retirement of general

long-term obligations           -           -           -           -           -           -           -           - 69,148,426 69,148,426 6,791,563

TOTAL ASSETS AND OTHER DEBITS $ 40,503,449 $ 38,791,744 $ 9,009,796 $ 65,854,049 $ 9,999,678 $ 9,141,485 $ 11,645,533 $ 77,220,436 $ 76,286,543 $ 338,452,713 $ 184,194,604

LIABILITIES, EQUITY AND OTHER CREDITS

LIABILITIES:

Warrants payable $ - $ 423,923 $ - $ - $ - $ - $ 364,460 $ - $ - $ 788,383 $ 630,170

Accounts payable 427,235 658,484 200 1,556,461 115,172 155,619 5,719,804 - - 8,632,975 5,567,202

Arbitrage liability - - 49,915 370,432 - - - - - 420,347 -

Due to other County funds (Note 4) 653,274 3,717,097 - 21,920 15,388 141,604 640,844 - - 5,190,127 3,180,262

Due to other governmental units 47,121 1,356,622 - 1,351 31,587 6,872 4,083,871 - - 5,527,424 6,678,073

Deferred revenue 30,848,285 11,912,017 1,801,564 - 5,607 37,349 - - - 44,604,822 42,738,301

Payable from restricted assets:

Customer deposits - - - - 9,600 - - - - 9,600 10,400

Employee deferred compensation - - - - - - - - - - 8,475,081

Other liabilities - 6,115 - - - - 747,470 - - 753,585 794,827

Advances from other County funds (Note 4) - 20,000 - 10,000 - - - - - 30,000 -

Accrued compensated absences - - - - 52,818 127,817 - - 4,807,053 4,987,688 4,681,549

Closure and postclosure care (Note 8) - - - - 3,245,994 - - - - 3,245,994 3,047,638

Claims payable (Note 6) - - - - - 1,261,533 - - - 1,261,533 919,109

Capital lease obligation (Note 7) - - - - 1,772,958 31,210 - - - 1,804,168 2,366,594

Certificates of participation (Note 11) - - - - - - - - 68,340,000 68,340,000 -

Special assessment debt (Note 9) - - 20,000 - - - - - 1,564,693 1,584,693 1,857,926

Note payable (Note 10)           -           -           -           -           -           -           -           - 1,574,797 1,574,797 775,000

Total Liabilities 31,975,915 18,094,258 1,871,679 1,960,164 5,249,124 1,762,004 11,556,449           - 76,286,543 148,756,136 81,722,132

EQUITY AND OTHER CREDITS (Note 16):

Contributed capital (Note 13) - - - - 116,936 934,039 - - - 1,050,975 1,050,975

Investment in general fixed assets (Note 5) - - - - - - - 77,220,436 - 77,220,436 63,294,230

Retained earnings:

Reserved - - - - 1,788,303 6,445,442 - - - 8,233,745 7,930,898

Unreserved - - - - 2,845,315 - - - - 2,845,315 2,134,723

Fund balances:

Reserved 313,106 10,075,656 7,138,117 57,077,894 - - - - - 74,604,773 6,270,217

Unreserved:

Designated 8,214,428 10,621,830 - 6,815,991 - - - - - 25,652,249 21,654,056

Undesignated           -           -           -           -           -           - 89,084           -           - 89,084 137,373

Total Equity and Other Credits 8,527,534 20,697,486 7,138,117 63,893,885 4,750,554 7,379,481 89,084 77,220,436           - 189,696,577 102,472,472

TOTAL LIABILITIES, EQUITY AND OTHER CREDITS $ 40,503,449 $ 38,791,744 $ 9,009,796 $ 65,854,049 $ 9,999,678 $ 9,141,485 $ 11,645,533 $ 77,220,436 $ 76,286,543 $ 338,452,713 $ 184,194,604

Back to 1998 Financial Report

							Fiduciary
	Governmental Fund Types				Proprietary Fund Types		Fund Types	Account Groups
					Enterprise		Expendable		General
		Special	Debt	Capital	Solid	Internal	Trust &	General	Long-Term	Memorandum Totals
	General	Revenue	Service	Projects	Waste	Service	Agency	Fixed Assets	Obligations	1998	1997

ASSETS AND OTHER DEBITS

Petty cash	$ 18,570	$ 103,947	$ -	$ 100	$ 3,080	$ 680	$ -	$ -	$ -	$ 126,377	$ 113,138
Equity in Treasurer's pool (Note 3)	7,613,109	17,693,875	7,169,206	65,486,164	4,805,448	7,422,697	10,123,976	-	-	120,314,475	46,111,221
Taxes receivable	30,562,395	13,808,180	-	-	-	-	-	-	-	44,370,575	40,585,219
Special assessments receivable	-	-	1,807,510	-	-	-	-	-	-	1,807,510	2,059,366
Accrued interest receivable	65,391	27,061	33,048	150,009	-	-	-	-	-	275,509	182,770
Due from other County funds (Note 4)	1,889,864	2,131,776	32	186,439	182,808	144,037	655,171	-	-	5,190,127	3,180,262
Due from other governmental units	205,912	3,944,675	-	-	18,327	16,646	-	-	-	4,185,560	3,577,014
Other receivables	70,935	230,694	-	31,337	358,419	59,059	33,832	-	-	784,276	1,383,432
Prepaids	-	-	-	-	-	47,130	-	-	-	47,130	130,089
Inventories	-	459,947	-	-	-	117,543	-	-	-	577,490	539,002
Food stamps/commodities	-	-	-	-	-	-	-	-	-	-	189,890
Restricted assets:
Cash	47,273	391,589	-	-	9,600	-	772,100	-	-	1,220,562	1,150,400
Deferred compensation plan investments	-	-	-	-	-	-	-	-	-	-	8,475,081
Advances to other County funds (Note 4)	30,000	-	-	-	-		-	-	-	30,000	-
Assets held for resale	-	-	-	-	-	163,125	-	-	-	163,125	-
Land	-	-	-	-	369,760	-	-	13,168,044	-	13,537,804	10,450,367
Buildings	-	-	-	-	3,565,966	52,334	-	15,304,031	-	18,922,331	18,779,093
Improvements	-	-	-	-	88,751	1,043,770	-	10,763,972	-	11,896,493	11,552,819
Equipment	-	-	-	-	2,419,327	1,687,697	60,454	27,557,103	-	31,724,581	30,995,943
Construction in progress	-	-	-	-	-	-	-	10,427,286	-	10,427,286	440,546
Less: Accumulated depreciation	-	-	-	-	(1,821,808)	(1,613,233)	-	-	-	(3,435,041)	(3,094,195)
Amount available in Debt Service Funds	-	-	-	-	-	-	-	-	7,138,117	7,138,117	601,584
Amounts to be provided for retirement of general
long-term obligations	-	-	-	-	-	-	-	-	69,148,426	69,148,426	6,791,563

TOTAL ASSETS AND OTHER DEBITS	$ 40,503,449	$ 38,791,744	$ 9,009,796	$ 65,854,049	$ 9,999,678	$ 9,141,485	$ 11,645,533	$ 77,220,436	$ 76,286,543	$ 338,452,713	$ 184,194,604

LIABILITIES, EQUITY AND OTHER CREDITS

LIABILITIES:
Warrants payable	$ -	$ 423,923	$ -	$ -	$ -	$ -	$ 364,460	$ -	$ -	$ 788,383	$ 630,170
Accounts payable	427,235	658,484	200	1,556,461	115,172	155,619	5,719,804	-	-	8,632,975	5,567,202
Arbitrage liability	-	-	49,915	370,432	-	-	-	-	-	420,347	-
Due to other County funds (Note 4)	653,274	3,717,097	-	21,920	15,388	141,604	640,844	-	-	5,190,127	3,180,262
Due to other governmental units	47,121	1,356,622	-	1,351	31,587	6,872	4,083,871	-	-	5,527,424	6,678,073
Deferred revenue	30,848,285	11,912,017	1,801,564	-	5,607	37,349	-	-	-	44,604,822	42,738,301
Payable from restricted assets:
Customer deposits	-	-	-	-	9,600	-	-	-	-	9,600	10,400
Employee deferred compensation	-	-	-	-	-	-	-	-	-	-	8,475,081
Other liabilities	-	6,115	-	-	-	-	747,470	-	-	753,585	794,827
Advances from other County funds (Note 4)	-	20,000	-	10,000	-	-	-	-	-	30,000	-
Accrued compensated absences	-	-	-	-	52,818	127,817	-	-	4,807,053	4,987,688	4,681,549
Closure and postclosure care (Note 8)	-	-	-	-	3,245,994	-	-	-	-	3,245,994	3,047,638
Claims payable (Note 6)	-	-	-	-	-	1,261,533	-	-	-	1,261,533	919,109
Capital lease obligation (Note 7)	-	-	-	-	1,772,958	31,210	-	-	-	1,804,168	2,366,594
Certificates of participation (Note 11)	-	-	-	-	-	-	-	-	68,340,000	68,340,000	-
Special assessment debt (Note 9)	-	-	20,000	-	-	-	-	-	1,564,693	1,584,693	1,857,926
Note payable (Note 10)	-	-	-	-	-	-	-	-	1,574,797	1,574,797	775,000
Total Liabilities	31,975,915	18,094,258	1,871,679	1,960,164	5,249,124	1,762,004	11,556,449	-	76,286,543	148,756,136	81,722,132

EQUITY AND OTHER CREDITS (Note 16):
Contributed capital (Note 13)	-	-	-	-	116,936	934,039	-	-	-	1,050,975	1,050,975
Investment in general fixed assets (Note 5)	-	-	-	-	-	-	-	77,220,436	-	77,220,436	63,294,230
Retained earnings:
Reserved	-	-	-	-	1,788,303	6,445,442	-	-	-	8,233,745	7,930,898
Unreserved	-	-	-	-	2,845,315	-	-	-	-	2,845,315	2,134,723
Fund balances:
Reserved	313,106	10,075,656	7,138,117	57,077,894	-	-	-	-	-	74,604,773	6,270,217
Unreserved:
Designated	8,214,428	10,621,830	-	6,815,991	-	-	-	-	-	25,652,249	21,654,056
Undesignated	-	-	-	-	-	-	89,084	-	-	89,084	137,373
Total Equity and Other Credits	8,527,534	20,697,486	7,138,117	63,893,885	4,750,554	7,379,481	89,084	77,220,436	-	189,696,577	102,472,472

TOTAL LIABILITIES, EQUITY AND OTHER CREDITS	$ 40,503,449	$ 38,791,744	$ 9,009,796	$ 65,854,049	$ 9,999,678	$ 9,141,485	$ 11,645,533	$ 77,220,436	$ 76,286,543	$ 338,452,713	$ 184,194,604