HomeMy WebLinkAbout20080433.tiff SUSIE VELASQUEZ
PUBLIC TRUSTEE OF WELD COUNTY
809 9th Street,#1
Greeley, CO 80631
(970) 352-4365
(970) 352-5091 (fax)
January 23, 2008
Mr. Donald D. Warden, Director
Weld County Finance & Administration
915 10th Street
Greeley, CO 80631
Dear Don:
Enclosed is the October to December 2007 Quarterly Report as mandated by CRS 38-37-104(3).
During this time period, 2,990 Releases and 834 Foreclosures were processed. Excess funds
total $19,305.48. Enclosed is check#11464 payable to the Weld County Treasurer in the
amount of$19,305.48.
If you have any questions, please do not hesitate to contact me.
Sincer ,
Velasquez
Public Trustee
ACKNOWLEDGMENT
Susie Velasquez upon oath duly sworn deposes and says the information contained in
the October to December 2007 Quarterly Report consistin ages_is true and correct to
the best of her knowledge.
s e'/e :squez, Weld Coun.tY.Publ cTrustee
STATE OF COLORADO
COUNTY OF WELD
The foregoing was knowledged before me on this' J day of January 2008 by
i ez ire5r M
Susie Velasquez commi s uez as t p c e o
' f Weld Coin_c
ANA BLANCO i Ana L. Blanco
qIF eiv.vo
L=Ern n rue itac tALI 2008-0433
WELD COUNTY PUBLIC TRUSTEE
QUARTERLY REPORT OF REVENUES AND EXPENSES
FOURTH QUARTER-OCTOBER TO DECEMBER 2007
OPERATING ACCOUNT
REVENUES
Foreclosure Revenues $197,490.34
Release Revenues $42,244.00
Miscellaneous Revenues/Fees $193.37
Interest Revenues $16,087.12
TOTAL REVENUES $256,014.83
EXPENSES
Personnel Services 68,151.93
Operating and Maintenance 40,300.81
Charges for services 42,861.23
Capital outlay 1,281.56
TOTAL OPERATIONAL EXPENSES $152,595.53
EXCESS REVENUES OVER EXPENSES $103,419.30
SPECIAL RESERVE ACCOUNT
MAX ALLOWABLE=LAST YEARS
OPERATING EXPENSES $687,498.00
RESERVE ACCOUNTS BALANCE $603,384.18
ADDITIONS TO RESERVE $84,113.82 $84,113.82
EXCESS DUE TO COUNTY $19,305.48
SUMMARY
WELD COUNTY PUBLIC TRUSTEE ACCOUNTS
FOURTH QUARTER-OCTOBER TO DECEMBER 2007
OPERATING ACCOUNT
October 1, 2007 BEGINNING BALANCE $ 584,252.63
Excess cash over expenses $ (141,996.59)
December 31, 2007 ENDING BALANCE $ 442,256.04
ESCROW ACCOUNT
October 1, 2007 BEGINNING BALANCE $ -
Excess cash over expenses $ 10,128.77
December 31, 2007 ENDING BALANCE $ 10,128.77
SPECIAL RESERVE FUND
October 1, 2007 BEGINNING BALANCE $ 405,113.67
Excess cash over expenses $ 14,392.38
December 31, 2007 ENDING BALANCE $ 419,506.05
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