Revenues-All Funds

LARIMER COUNTY, COLORADO
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES -
ACTUAL AND BUDGET - ALL GOVERNMENTAL FUND TYPES
December 31, 1998
(With comparative totals for December 31, 1997)

General Fund Special Revenue Funds Debt Service Funds Capital Projects Funds

Actual Budget Variance Actual Budget Variance Actual Budget Variance Actual Budget Variance

REVENUES:

Taxes $ 32,391,959 $ 31,944,000 $ 447,959 $ 28,792,724 $29,512,512 $ (719,788) $ - $ - $ - $ - $ - $ -

Assessments - - - - - - 262,462 227,234 35,228 - - -

Intergovernmental 935,264 994,326 (59,062) 28,498,964 29,186,813 (687,849) - - - 2,025 2,026 (1)

Licenses and permits 32,769 36,496 (3,727) 2,143,797 2,082,561 61,236 - - - - - -

Charges for services 7,197,613 6,416,137 781,476 4,868,891 4,517,182 351,709 - - - 131,124 123,734 7,390

Interest earnings 2,125,629 2,300,000 (174,371) 507,136 397,476 109,660 353,345 317,550 35,795 2,335,538 2,408,419 (72,881)

Miscellaneous 1,695,834 1,276,548 419,286 1,725,696 1,869,540 (143,844) 1,071 1,071           - 144,464 149,468 (5,004)

Total Revenues 44,379,068 42,967,507 1,411,561 66,537,208 67,566,084 (1,028,876) 616,878 545,855 71,023 2,613,151 2,683,647 (70,496)

EXPENDITURES:

Current operating:

General government 15,359,372 15,934,095 574,723 4,287,066 4,562,323 275,257 - - - 271,784 598,839 327,055

Judicial and public safety 19,219,177 20,052,200 833,023 3,601,285 3,824,444 223,159 - - - 113,014 108,636 (4,378)

Streets and highways 1,415,032 1,523,144 108,112 10,643,836 11,887,159 1,243,323 - - - 3,058 2,373 (685)

Recreation - - - 3,045,445 4,917,704 1,872,259 - - - 2,069 - (2,069)

Projects 836,336 1,089,510 253,174 432,977 570,993 138,016 - - - 444,636 462,520 17,884

Health and human services 500,451 511,025 10,574 30,457,694 31,762,734 1,305,040 - - - 2,979 - (2,979)

Capital outlay 42,378 24,345 (18,033) 4,237,610 4,484,235 246,625 - - - 13,019,475 21,653,234 8,633,759

Debt service           -           -           - 345,724 5,047 (340,677) 5,284,879 5,357,067 72,188 1,406,189 1,422,892 16,703

Total Expenditures 37,372,746 39,134,319 1,761,573 57,051,637 62,014,639 4,963,002 5,284,879 5,357,067 72,188 15,263,204 24,248,494 8,985,290

EXCESS (DEFICIENCY) OF REVENUES

OVER EXPENDITURES 7,006,322 3,833,188 3,173,134 9,485,571 5,551,445 3,934,126 (4,668,001) (4,811,212) 143,211 (12,650,053) (21,564,847) 8,914,794

OTHER FINANCING SOURCES (USES):

Sale of assets 752 300 452 254,060 250,000 4,060 - - - 223,381 165,000 58,381

Financing provided by debt - - - 1,058,130 - 1,058,130 6,574,429 6,574,429 - 64,908,959 64,908,959 -

Operating transfers in 1,281,277 1,436,373 (155,096) 6,292,964 6,199,632 93,332 4,794,105 4,850,690 (56,585) 4,966,201 5,284,170 (317,969)

Operating transfers out (6,590,809) (6,551,357) (39,452) (10,456,441) (10,768,107) 311,666 (164,000) (164,000)           - (205)           - (205)

Total Other Financing Sources (Uses) (5,308,780) (5,114,684) (194,096) (2,851,287) (4,318,475) 1,467,188 11,204,534 11,261,119 (56,585) 70,098,336 70,358,129 (259,793)

EXCESS (DEFICIENCY) OF REVENUES AND

OTHER SOURCES OVER EXPENDITURES

AND OTHER USES 1,697,542 (1,281,496) 2,979,038 6,634,284 1,232,970 5,401,314 6,536,533 6,449,907 86,626 57,448,283 48,793,282 8,655,001

FUND BALANCES, January 1 6,829,992 6,826,744 3,248 14,048,529 13,937,127 111,402 601,584 601,584 - 6,444,168 6,444,214 (46)

INCREASE (DECREASE) IN RESERVE

FOR INVENTORIES - - - 14,673 - 14,673 - - - - - -

RESIDUAL EQUITY TRANSFER IN (NOTE 15)           -           -           -           -           -           -           -           -           - 1,434           - 1,434

FUND BALANCES, December 31 $ 8,527,534 $ 5,545,248 $ 2,982,286 $ 20,697,486 $15,170,097 $ 5,527,389 $ 7,138,117 $ 7,051,491 $ 86,626 $ 63,893,885 $ 55,237,496 $ 8,656,389

The Notes to Financial Statements are an integral part of this exhibit.

Back to 1998 Financial Report

	General Fund			Special Revenue Funds			Debt Service Funds			Capital Projects Funds

	Actual	Budget	Variance	Actual	Budget	Variance	Actual	Budget	Variance	Actual	Budget	Variance

REVENUES:
Taxes	$ 32,391,959	$ 31,944,000	$ 447,959	$ 28,792,724	$29,512,512	$ (719,788)	$ -	$ -	$ -	$ -	$ -	$ -
Assessments	-	-	-	-	-	-	262,462	227,234	35,228	-	-	-
Intergovernmental	935,264	994,326	(59,062)	28,498,964	29,186,813	(687,849)	-	-	-	2,025	2,026	(1)
Licenses and permits	32,769	36,496	(3,727)	2,143,797	2,082,561	61,236	-	-	-	-	-	-
Charges for services	7,197,613	6,416,137	781,476	4,868,891	4,517,182	351,709	-	-	-	131,124	123,734	7,390
Interest earnings	2,125,629	2,300,000	(174,371)	507,136	397,476	109,660	353,345	317,550	35,795	2,335,538	2,408,419	(72,881)
Miscellaneous	1,695,834	1,276,548	419,286	1,725,696	1,869,540	(143,844)	1,071	1,071	-	144,464	149,468	(5,004)
Total Revenues	44,379,068	42,967,507	1,411,561	66,537,208	67,566,084	(1,028,876)	616,878	545,855	71,023	2,613,151	2,683,647	(70,496)

EXPENDITURES:
Current operating:
General government	15,359,372	15,934,095	574,723	4,287,066	4,562,323	275,257	-	-	-	271,784	598,839	327,055
Judicial and public safety	19,219,177	20,052,200	833,023	3,601,285	3,824,444	223,159	-	-	-	113,014	108,636	(4,378)
Streets and highways	1,415,032	1,523,144	108,112	10,643,836	11,887,159	1,243,323	-	-	-	3,058	2,373	(685)
Recreation	-	-	-	3,045,445	4,917,704	1,872,259	-	-	-	2,069	-	(2,069)
Projects	836,336	1,089,510	253,174	432,977	570,993	138,016	-	-	-	444,636	462,520	17,884
Health and human services	500,451	511,025	10,574	30,457,694	31,762,734	1,305,040	-	-	-	2,979	-	(2,979)
Capital outlay	42,378	24,345	(18,033)	4,237,610	4,484,235	246,625	-	-	-	13,019,475	21,653,234	8,633,759
Debt service	-	-	-	345,724	5,047	(340,677)	5,284,879	5,357,067	72,188	1,406,189	1,422,892	16,703
Total Expenditures	37,372,746	39,134,319	1,761,573	57,051,637	62,014,639	4,963,002	5,284,879	5,357,067	72,188	15,263,204	24,248,494	8,985,290

EXCESS (DEFICIENCY) OF REVENUES
OVER EXPENDITURES	7,006,322	3,833,188	3,173,134	9,485,571	5,551,445	3,934,126	(4,668,001)	(4,811,212)	143,211	(12,650,053)	(21,564,847)	8,914,794

OTHER FINANCING SOURCES (USES):
Sale of assets	752	300	452	254,060	250,000	4,060	-	-	-	223,381	165,000	58,381
Financing provided by debt	-	-	-	1,058,130	-	1,058,130	6,574,429	6,574,429	-	64,908,959	64,908,959	-
Operating transfers in	1,281,277	1,436,373	(155,096)	6,292,964	6,199,632	93,332	4,794,105	4,850,690	(56,585)	4,966,201	5,284,170	(317,969)
Operating transfers out	(6,590,809)	(6,551,357)	(39,452)	(10,456,441)	(10,768,107)	311,666	(164,000)	(164,000)	-	(205)	-	(205)
Total Other Financing Sources (Uses)	(5,308,780)	(5,114,684)	(194,096)	(2,851,287)	(4,318,475)	1,467,188	11,204,534	11,261,119	(56,585)	70,098,336	70,358,129	(259,793)

EXCESS (DEFICIENCY) OF REVENUES AND
OTHER SOURCES OVER EXPENDITURES
AND OTHER USES	1,697,542	(1,281,496)	2,979,038	6,634,284	1,232,970	5,401,314	6,536,533	6,449,907	86,626	57,448,283	48,793,282	8,655,001

FUND BALANCES, January 1	6,829,992	6,826,744	3,248	14,048,529	13,937,127	111,402	601,584	601,584	-	6,444,168	6,444,214	(46)

INCREASE (DECREASE) IN RESERVE
FOR INVENTORIES	-	-	-	14,673	-	14,673	-	-	-	-	-	-

RESIDUAL EQUITY TRANSFER IN (NOTE 15)	-	-	-	-	-	-	-	-	-	1,434	-	1,434

FUND BALANCES, December 31	$ 8,527,534	$ 5,545,248	$ 2,982,286	$ 20,697,486	$15,170,097	$ 5,527,389	$ 7,138,117	$ 7,051,491	$ 86,626	$ 63,893,885	$ 55,237,496	$ 8,656,389