HomeMy WebLinkAbout800580.tiff COMPREHENSIVE
rseges,_
ANNUAL
FINANCIAL
WI ' G REPORT
Year Ended December 31, 1979
COUNTY of WELD
STATE of COLORADO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
COUNTY OF WELD
STATE OF COLORADO
YEAR ENDED DECEMBER 31 , 1979
Issued by:
Department of Finance
& Administration
Donald D. Warden
Director of Finance
& Administration
Z
O
F-
C)
(I)
O
I
V
C
O
OC
I
Z
TABLE OF CONTENTS
Page
INTRODUCTORY SECTION:
Table of Contents 1
Letter of Transmittal 7
Principal County Officials 13
Organization Chart 14
FINANCIAL SECTION:
GENERAL PURPOSE FINANCIAL STATEMENTS 15
Auditor's Report 16
EXHIBIT A-1 COMBINED BALANCE SHEET - ALL FUND TYPES AND
ACCOUNT GROUPS 17
EXHIBIT A-2 COMBINED STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE - ALL GOVERNMENTAL
FUND TYPES AND FIDUCIARY FUND TYPE 19
EXHIBIT A-3 COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE - BUDGET AND
ACTUAL - ALL GOVERNMENTAL FUND TYPES 20
EXHIBIT A-4 COMBINED STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND BALANCES/RETAINED EARNINGS -
ALL PROPRIETARY FUND TYPES AND PENSION TRUST FUNDS 22
EXHIBIT A-5 COMBINED STATEMENT OF CHANGES IN FINANCIAL
POSITION - ALL PROPRIETARY FUND TYPES AND
PENSION TRUST FUNDS 24
NOTES TO FINANCIAL STATEMENTS 26
COMBINING STATEMENTS, INDIVIDUAL FUND AND ACCOUNT GROUP
STATEMENTS AND SCHEDULES 50
GENERAL FUND 51
EXHIBIT B-1 BALANCE SHEET 52
EXHIBIT B-2 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE 53
(Continued on next page)
-1-
TABLE OF CONTENTS - Continued
Page
GENERAL FUND - Continued
Schedule 1 Schedule of Revenues Compared with Estimate 54
Schedule 2 Schedule of Expenditures Compared with Budget 56
Schedule 3 Schedule of Operating Transfers In Compared
with Estimate 59
Schedule of Operating Transfers Out Compared
with Budget 59
SPECIAL REVENUE FUNDS 60
EXHIBIT C-1 COMBINING BALANCE SHEET 61
EXHIBIT C-2 COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE 63
Schedule 1 Road and Bridge Fund - Schedule of Revenues
Compared with Estimate 65
Schedule 2 Road and Bridge Fund - Schedule of Expenditures
Compared with Budget 66
Schedule 3 Road and Bridge Fund - Schedule of Operating
Transfers In Compared with Estimate 67
Road and Bridge Fund - Schedule of Operating
Transfers Out Compared with Budget 67
Schedule 4 Social Services Fund - Schedule of Revenues
Compared with Estimate 68
Schedule 5 Social Services Fund - Schedule of Expenditures
Compared with Budget 69
Social Services Fund - Schedule of Operating
Transfers In Compared with Estimate 69
Schedule 6 Federal Revenue Sharing Fund - Schedule of
Revenues Compared with Estimate 70
Federal Revenue Sharing Fund - Schedule of
Operating Transfers Out Compared with Budget 70
Schedule 7 Conservation Trust Fund - Schedule of Revenues
Compared with Estimate 71
Conservation Trust Fund - Schedule of Expenditures
Compared with Budget 71
(Continued on next page)
-2-
TABLE OF CONTENTS - Continued
Page
SPECIAL REVENUE FUNDS - Continued
Schedule 8 Contingent Fund - Schedule of Revenues Compared
with Estimate 72
Contingent Fund - Schedule of Operating Transfers
Out Compared with Budget 72
Schedule 9 Public Health Fund - Schedule of Revenues
Compared with Estimate 73
Schedule 10 Public Health Fund - Schedule of Expenditures
Compared with Budget 74
Public Health Fund - Schedule of Operating
Transfers In Compared with Estimate 74
•
Schedule 11 Library Fund - Schedule of Revenues Compared
with Estimate 75
Library Fund - Schedule of Expenditures Compared
with Budget 75
Schedule 12 Library Fund - Schedule of Operating Transfers In
Compared with Estimate 76
Schedule 13 Human Resources Fund - Schedule of Revenues
Compared with Estimate 77
Schedule 14 Human Resources Fund - Schedule of Expenditures
Compared with Budget 78
Schedule 15 Solid Waste Fund - Schedule of Revenues
Compared with Estimate 79
Schedule 16 Community Development Fund - Schedule of Revenues
Compared with Estimate 80
Community Development Fund - Schedule of
Expenditures Compared with Budget 80
Schedule 17 Subdivision Park Site Fund - Schedule of Revenues
Compared with Estimate 81
Subdivision Park Site Fund - Schedule of
Expenditures Compared with Budget 81
CAPITAL PROJECTS FUNDS 82
EXHIBIT D-1 COMBINING BALANCE SHEET 83
EXHIBIT D-2 COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE 84
(Continued on next page)
-3-
TABLE OF CONTENTS - Continued
Page
CAPITAL PROJECTS FUNDS - Continued
Schedule 1 Library Expansion Fund - Schedule of Revenues
Compared with Estimate 85
Library Expansion Fund - Schedule of Expenditures
Compared with Budget 85
Schedule 2 Library Expansion Fund - Schedule of Operating
Transfers In Compared with Estimate 86
Schedule 3 Public Works Fund County Buildings - Schedule of
Revenues Compared with Estimate 87
Public Works Fund - County Buildings - Schedule of
Expenditures Compared with Budget 87
Schedule 4 Public Works Fund - County Buildings - Schedule of
Operating Transfers In Compared with Estimate 88
ENTERPRISE FUNDS 89
EXHIBIT E-1 WELD COUNTY GENERAL HOSPITAL FUND - BALANCE SHEET 90
EXHIBIT E-2 WELD COUNTY GENERAL HOSPITAL FUND - STATEMENT OF
REVENUES, EXPENSES AND CHANGES IN FUND BALANCES 92
EXHIBIT E-3 WELD COUNTY GENERAL HOSPITAL FUND - STATEMENT OF
CHANGES IN FINANCIAL POSITION 94
INTERNAL SERVICE FUNDS 95
EXHIBIT F-1 COMBINING BALANCE SHEET 96
EXHIBIT F-2 COMBINING STATEMENT OF CHANGES IN CONTRIBUTED
CAPITAL 97
EXHIBIT F-3 COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS 98
EXHIBIT F-4 COMBINING STATEMENT OF CHANGES IN FINANCIAL
POSITION 99
Schedule 1 Motor Vehicle Fund - Schedule of Operating
Revenues Compared with Estimate 100
Motor Vehicle Fund - Schedule of Operating Expenses
Compared with Budget 100
(Continued on next page)
-4-
TABLE OF CONTENTS - Continued
Page
INTERNAL SERVICE FUNDS - Continued
Schedule 2 Motor Vehicle Fund - Schedule of Nonoperating
Revenues Compared with Estimate 101
Motor Vehicle Fund - Schedule of Operating Transfers
In Compared with Estimate 101
Motor Vehicle Fund - Schedule of Fixed Asset
Acquisition Compared with Budget 101
Schedule 3 Printing and Supply Fund - Schedule of Operating
Revenues Compared with Estimate 102
Printing and Supply Fund - Schedule of Operating
Expenses Compared with Budget 102
Schedule 4 Computer Services Fund - Schedule of Operating
Revenue Compared with Estimate 103
Computer Services Fund - Schedule of Operating
Expenses Compared with Budget 103
Schedule 5 Computer Services Fund - Schedule of Nonoperating
Expenses Compared with Budget 104
Schedule 6 Insurance Fund - Schedule of Operating Revenue
Compared with Estimate 105
Insurance Fund - Schedule of Operating Expenses
Compared with Budget 105
Schedule 7 Insurance Fund - Schedule of Operating Transfers
In Compared with Estimate 106
TRUST AND AGENCY FUNDS 107
EXHIBIT G-1 COMBINING BALANCE SHEET 108
EXHIBIT G-2 STATEMENT OF CHANGES IN FUND BALANCE - ALL
EXPENDABLE TRUST FUNDS 109
EXHIBIT G-3 STATEMENT OF REVENUES, EXPENSES AND CHANGES IN
FUND BALANCE - ALL PENSION TRUST FUNDS 110
EXHIBIT G-4 STATEMENT OF CHANGES IN FINANCIAL POSITION - ALL
PENSION TRUST FUNDS 111
EXHIBIT G-5 COMBINING STATEMENT OF CHANGES IN ASSETS AND
LIABILITIES - ALL AGENCY FUNDS 112
Schedule 1 Weld County Retirement Fund - Schedule of
Administrative Expenses 113
(Continued on next page)
-5-
TABLE OF CONTENTS - Continued
Page
GENERAL FIXED ASSETS ACCOUNT GROUP 114
EXHIBIT H-1 STATEMENT OF CHANGES IN GENERAL FIXED ASSETS 115
STATISTICAL SECTION:
Table I General Governmental Expenditures by Function 116
Table II General Revenues by Source 117
Table III Property Tax Levies and Collections 118
Table IV Assessed and Estimated Actual Value of Taxable
Property 119
Table V Property Tax Rates and Tax Levies - All
Overlapping Governments 120
Table VI Special Assessment Collections 121
Table VII Computation of Legal Debt Margin 122
Table VIII Tables Relating to Bonded Debt 123
Table IX Demographic Statistics 124
Table X Property Value, Construction, Bank Deposits and
Other Economic Indicators 125
Table XI Principal Taxpayers 126
Table XII Miscellaneous Statistics 127
Table XIII Insurance in Force 129
Table XIV Salaries of Principal Officials 130
Table XV Surety Bond Coverage for Principal Officials 131
-6-
OFFICE OF FINANCE & ADMINISTRATIOr
PHONE 1303)356-4000 EXT.21
P.O.BOX 75
GREELEY,COLORADO 8063
C.
COLORADO
Honorable Board of Commissioners
County of Weld
915 10th Street
Greeley, CO 80631
Dear Board Members :
The Comprehensive Annual Financial Report of the County of Weld, State
of Colorado, for the year ended December 31 , 1979, is presented on
behalf of the Board and published as a public document. This report was
prepared by the County's Finance Department. Responsibility for both
the accuracy of the presented data and the completeness and fairness of
the presentation, including all disclosures , rests with the County. It
is believed the data, as presented, is accurate in all material aspects;
that it is presented in a manner designed to fairly set forth the finan-
cial position and results of operations of the County as measured by the
financial activity of the various funds; and that all disclosures neces-
sary to enable the reader to gain the maximum understanding of the
County's financial activity have been included.
ACCOUNTING SYSTEM AND BUDGETARY CONTROL
The County's accounting records for general governmental operations are
maintained on a modified accrual basis , with the revenues being recorded
when available and measurable and expenditures being recorded when the
services or goods are received and the liabilities are incurred. Ac-
counting records for the proprietary funds and fiduciary pension trust
funds are maintained on the accrual basis.
In developing and altering the County's accounting system, consideration
is given to the adequacy of internal accounting controls. Internal
accounting controls are designed to provide reasonable, but not abso-
lute, assurance regarding:
the safeguarding of assets against loss from unauthorized use or
disposition, and
the responsibility of financial records for preparing financial
statements and maintaining accountability for assets.
-7-
Honorable Board of Commissioners - Continued:
Increase (Decrease)
Revenue Sources Amount Per Cent of Total for 1979
Taxes $ 10,828,271 37.7% $ 592,655
Licenses and Permits 196,545 .7 9,478
Intergovernmental
Revenue 14,280,094 49.7 762,814
Charges for Services 1 ,159,849 4.0 (118,388)
Fines and Forfeits - - (2,171 )
Miscellaneous Revenue 2,280,142 7.9 303,828
$ 22,744,901 100.0% $ 1 ,548,216
Assessed values of $663 million represented an increase of 14.2% over
the preceding year. A part of this increase is due to the increased oil
production activity in Weld County. With the 5% Charter limitation on
property tax revenues in Weld County, the increased assessed value
permitted the mill levy to be reduced 1 .48 mills .
Current tax collections were 99.6% of the tax levy, down .2% from last
year. Delinquent tax collections were $26,703, compared with $5,116
last year. Allocations of property tax by purpose for 1979 and the
preceeding fiscal year are shown as follows:
Purpose 1978 1979
General Fund 8.79 7.23
Special Revenue Funds 7.39 7.91
Capital Project Funds .05 .64
Enterprise Funds 2.03 1 .00
Total Tax Rate 18.26 16.78
Intergovernmental Revenues represented 49.7% of total governmental
revenues , compared with 49.7% for the preceeding year.
Expenditures and encumbrances for general governmental purposes total
$28,411 ,606, an increase of 6. 3% over 1978. Increases in levels of ex-
penditures for major functions of the County over the preceeding year
are shown in the following tabulation:
-9-
Honorable Board of County Commissioners - Continued:
Increase (Decrease)
Function Amount Per Cent of Total for 1979
General Government $ 3,787,537 13.3% $ (445,32/)
Judicial 365,882 1 .3 17 ,373
Public Safety 2,808,358 9.9 256,909
County Roads and
Bridges 6,157,485 21 .7 664,193
Health 2,516,569 8.9 149 ,078
Public Welfare 8,259,405 29.1 935,698
Capital Outlay 98,289 .3 98,049
Auxiliary Services 3,692,883 13.0 (291 ,507)
Intergovernmental
Expenditures 169,316 .6 47,555
Miscellaneous 555,882 1 .9 249,067
$28,411 ,606 100.0% $1 ,681 ,088
Expenditures for road and bridge increased from 20.6% of total govern-
mental expenditures in the preceeding year to 21 .7% in the current year.
This increase in level of expenditure is a result of expansion of road
and bridge construction projects and inflationary trends in this area,
caused by cost of petroleum products.
Unreserved fund balance and retained earnings in the major operating
funds were maintained at adequate levels. The General Funds fund balance
of $869,934 was up $176,682 from last year; and the $1 ,464,916 balance
in the Special Revenue Funds was down from the previous year by 35.8%.
DEBT ADMINISTRATION
In 1979 the County continued to have no bonded indebtedness , nor does it
have any significant lease/purchase agreements for public facilities or
equipment. Thus, Weld County maintains over a ten million dollar allow-
able debt capacity in accordance with Colorado State Statutes.
CASH MANAGEMENT
Cash temporarily idle during the year was invested in time deposits
ranging from 10 to 180 days to maturity. During the fiscal year ended
December 31 , 1979, the County's average cash resources were divided
between demand deposits and investments as follows ; demand deposits ,
23.1% and bank time deposits, 76.9%. Interest earned on investments of
cash held by the County Treasurer was recorded as revenue in the General
Fund, with exception of interest attributed to the Federal Revenue
Sharing Fund, Capital Project Funds , Enterprise Funds, and the interest
earned on certain deposits held for other taxing authorities. The
amount of interest received was $1 ,227,484 in 1979.
-10-
Honorable Board of County Commissioners - Continued:
CAPITAL PROJECT FUNDS
The Capital Outlay transactions of the Library Expansion Fund, which
began in 1975, will be completed in 1980. The projects total cost to
date is $931 ,944.
The Public Works - County Buildings Fund for the purpose of accounting
for the capital improvement projects on County buildings, had an unreserved
fund balance of $265,376 at the end of 1979. There are no anticipated
or designated projects pending at the end of 1979 for the funds accummulated.
WELD COUNTY GENERAL HOSPITAL
Weld County provides funds to the Weld County General Hospital from
property taxes obtained through a mill levy on assessed property valua-
tions. These funds are restricted for capital improvements and ad-
ditions to the Hospital . The capital improvements and additions must be
approved by the Board of County Commissioners of Weld County, Colorado.
During 1979, the $2.5 million power plant project at the Weld County
General Hospital was completed.
GENERAL FIXED ASSETS
The General Fixed Assets of the County are the fixed assets used in the
performance of general governmental functions and exclude the fixed
assets of the Enterprise Funds and the Internal Service Funds . As of
December 31 , 1979, the General Fixed Assets of the County amounted to
$17,250,416. This amount represents the original cost of the assets and
is considerably less than their present value. Depreciation of General
Fixed Assets is not recognized in the County's accounting system.
INDEPENDENT AUDIT
The Weld County Home Rule Charter requires an annual audit of the books
of accounts, financial records , and transactions of all administrative
departments of the County by independent certified public accountants
selected by the Board of County Commissioners, and engaged for a five
year period. This requirement has been complied with and the auditor' s
report has been included in this report.
-11-
Honorable Board of County Commissioners - Continued:
CERTIFICATE OF CONFORMANCE
It is my opinion that this Comprehensive Annual Financial Report sub-
stantially conforms to the financial reporting principles and standards
promulgated by the National Council of Governmental Accounting, and will
be submitted to the Municipal Finance Officers' Association to be judged
for a Certificate of Conformance in Financial Reporting.
ACKNOWLEDGEMENTS
Financial reports are valuable in that they provide a permanent his-
torical record of a governmental agencies' operation to the management
and the general public. It is our belief that this is a comprehensive
report of the 1979 financial transactions under our. control and that the
following statements present an accurate, informative record of the
financial activities of the County of Weld and it's financial condition
at December 31 , 1979. The preparation of this report on a timely basis
could not be accomplished without the efficient and dedicated services
of the entire staff of the Accounting/Finance Department. I should like
to express my appreciation to all members of the department who assisted
and contributed to its preparation. The assistance of Anderson & Whitney
in the preparation of this report is also sincerely appreciated. I
should also like to thank the members of the Board of County Commis-
sioners for their interest and support in planning and conducting
financial operations of the County in a responsible and progressive
manner.
Respectful y submitted,
Donald D. Warden, Director
Finance and Administration
-12-
COUNTY OF WELD
STATE OF COLORADO
PRINCIPAL COUNTY OFFICIALS
December 31 , 1979
Board of County Commissioners
Norman Carlson
Lydia Dunbar
C. W. Kirby
Leonard Roe
June K. Steinmark
Director of Finance and Administration
Donald D. Warden
Independent Auditor
Anderson & Whitney
Certified Public Accountants
-13-
Z
CC O
w F-
° Q
CC
« « 0
O w0 — (n
w J 2< Z
U
QTv7
CC >I- « cnz_
Ui w2 z - ^cnQ 4 >
cc 2° v � 0cc l W cc
.- ¢ C
0 Q zw"' W LL I 00 O
U) > L�O — Z LL U U U -
V) Y d CC> 001- 2 ^ c _ '
UJ w Ov a R
OO r-. 0 CC W I - W W -7 - C ao 6
(� /J! — WO _lW -J O�♦ = Q CL Q . _- a it - _
<_ __V- «2 W LY U -V Cl).- .[ _l-" `_-_ _._ lL J `.• S U LL
. 1._
1
2
FINI «« z a
co i
Z _
6
ZQ Z W _ ,, m
W2 ..r.,... C.)_. LI ?
S -¢ O. 2 Q Q ,� v C - L
G ]
W - a •
7 _ 00 p~ N 3 5 -ia ( ro ... tl4
°. r. _ = ';
W 'i 'n ' •t
CC n cc 2 rimni ^. n 7 L
W O W a
Ca)
z o -
o r z
O p aJ ix
cn W d w
r' W 0a z 0 7
inz U ,
— - «_. . Z CC L a v
r LL O 20 u' U) wQ �
0 a ✓ri
Z O W mj - ao
�] 0C U T 4 CA
0 ........-. 3 C-
-
oC o __ ... _.
O w 0 .73
O aea
0
3 >
CI 0Q w w S
V) Z _ W V e c.., r" -
M y
_.J ` 2—z i OC i J y l a 13 73
W 00 w cn a r. f s'mm �
_ U 0 ° e
J 71 -1,-,
2 2 i a Q U a L 2 Z
Z
z
Lai cn
OD
a
wzO1Z =W
U 0 -• - crz „..
N
r iz « ? z �Z
Y
z 5- 0 & Qw 3 ' � > p -
O " U a -CL r, 77,
t• LI
O z y = = -
- ' = =
0
.+ - LL '.J IL •1
-14-
z
0
I
V
W
CO
J
a
V
Z
Q
Z
u.
GENERAL PURPOSE
FINANCIAL STATEMENTS
Board of County Commissioners
Weld County, Colorado
Greeley, Colorado
We have examined the financial statements of the various fund types
and account groups of Weld County, Colorado, a home rule county, listed
as General Purpose Financial Statements in the foregoing table of contents ,
as of December 31 , 1979 and for the year then ended. Our examination was
made in accordance with generally accepted auditing standards and, accord-
ingly, included such tests of the accounting records and such other auditing
procedures as we considered necessary in the circumstances. We did not
examine the financial statements of the Weld County General Hospital Fund
(an Enterprise Fund) which statements reflect total assets and revenues
constituting 27 percent and 35 percent, respectively, of the related
combined memorandum totals. These statements were examined by other
auditors whose report thereon has been furnished to us, and our opinion
expressed herein, insofar as it relates to the amounts included for the
Weld County General Hospital Fund, is based solely upon the report of the
other auditors.
In our opinion based upon our examination and the report of other
auditors, the aforementioned financial statements , present fairly the
financial position of those fund types and account groups of Weld County,
Colorado at December 31 , 1979, and the results of operations of such fund
types and changes in financial position of the proprietary funds for the
year then ended, in conformity with generally accepted accounting principles
applied on a basis consistent with that of the preceding year except for the
changes, with which we concur, in the method of accounting for encumbrances
as described in Note 6 of the Notes to Financial Statements , in the method
of reporting the Weld County General Hospital Fund as described in Note 11
of the Notes to Financial Statements and in the method of investment valua-
tion for the Weld County Retirement Fund as described in Note 16 of the
Notes to Financial Statements.
The accompanying supplemental statements and schedules, listed as
Combining Statements, Individual Fund and Account Group Statements , and
Schedules in the foregoing table of contents, are presented for purposes
of analysis and are not necessary for a fair presentation of the basic
financial statements in conformity with generally accepted accounting
principles. The supplemental statements and schedules have been sub-
jected to the auditing procedures applied in the examination of the basic
financial statements and, in our opinion, the supplemental statements and
schedules are stated fairly in all material respects in relation to the
basic financial statements taken as a whole. Our examination did not
include the information presented in the Statistical Section and, accord-
ingly, we express no opinion on it.
(61100\ Okrihe
May 29, 1980 -16-
'y .--I.--.V)U).--.r1 M M CO V O U)SO U)t0 tb t0 V N-O M
01 tO r-N O1 V I W.O O M N 00 M 01 10 V Q 01 M!
Q 7 W Ot N V N U) V O V V t0 O M M d1 W M N Ot M,
A
4J C H 111 M4:1:1014-4 N- U)M W W M n W V 10 01'W
-. O
r A V f\M.--. 01 0 COMM M W V N111 OU')V.-•1
10 A L Q M n 01'0 w U) t0 N R O M n n M CW C)N r-1 V O
a O 1
2 E 11'1 ti N N •.--I Q1 ti ^a .-1 10 �!) v O
x y • N 1\
W = I
W M
N .--I N.--1 N K) )O
1••.is 139 N 1\N I 01 I ^I
0.•4 UI t\t0 01 V V
*. ,- N 1
C aA N S 01.--IMO O O
O O O)Q )0 N 01 M N to
U L C V_
O N N O
4 O A w .--I .-1
ti v w w
U1 r\ U9 t11 .--I M
>I W .•'. 01 M $ n IV) 1 I I I 1 I N h
.--I MO N N O 01
•7 N O) n N, ON .-s V
.
0)=
W W►•• W
w w
of 0 CO to M N.. r\to to V 0 10
N U. I I I r. IIMWINMIOIMII M
WW' ^. .--I N-N 111 r\ 01 O V M t\ O
>'.L•r lL 4D O N 111 U)N N 1f)M 01 Mt (V
H w > b 4.41 U) U N 01 U) 1 M
LS W ^IM M W M .1 O hI
V C y x
C W U) N U)1
7
W �' W
VI L r\q Qr-1 N M O U)$0 N-1"')0 V N O O
O. A O)--- t0N- I O N V V I I 1 I N,10010 N N O I QO W
•4 N.--. WW O V 0 U) .-1 O O O 0 W W CO N W
O 4)
CC r L W WV pC)O pwmV I. t1) O01 01
C.A L O. .-a U) Oh U) r` Q O N V t19 1` NM O
0. L U) O'0 N )0 M N r\N M NM
I— O O)S
Z L a.)X r+ .--1 N r-1 N M O 01
0 4 C w .--1 .-I
O W
V W H
U
4
Q .
Q 0~ M 1 1 1 1 1 I 1W O O
A~' ' O) 0t W N- O)
4, V O
w CUH OT N A
a= T JE K U'f N
W C .-r O 4 v W H X
fy O M t0 O1.4 ON .-1 T M V N
0 l.i V 01 U)0 11 0 1 I r.U) I MN 4 I 1 4 I 4 I M C
i C .--1 tp V N M 01 n n.--. M 0
IIO J d ly '.0 = -ILL, 01 119 r�to N 111 O V
L Q C M N N NM 0h M O)
O L U 4) N .-1 N..--I V N 7
U 6 0 F4- 1 UJ a-. MW ... W O
0 C =W rI c
W E C
W
CCE w O
✓�
M U
V) L y
6) .-. O O V M OV V V V
4W.1 0 '"'' WM^t0 1 1 1 I WQ 1 $ C
1 1 1 1 r I 1 1 C1
z co A ' .. . . . . .
im CO At V 11)M M 01
Q 6) , CD O CO W M M M V V
C I, V 01 N
2
m P W N
O v
w w w
z
O
X
0
V
c
0
44
A
v
6) 6) v
>$ Y a)
0•-. O L L
L = A 0.
A Y E N
N N V L
0 V O)•1 0 V
U L C C ^+ W
7 44 •) 44
N N L N N U C A
►- 10 •-. ).-- o c 0 a. 4)
W '— Al V O U O 7.. J
V1 W - E a N c-
N U a.l 7 A C 7 L 4..
a 6) 6) U L 4J # 440 01 7 N U
44 •-. C4- ^ E N 0 L O'6) V
0 U 6) C >,•.- L N 70 L A
M N'.- 6).-.U L•-1 C 0) 6) 44 01
L Y.N L 4 .--1 N O C A 0 ^ >1 O L
6) O♦+�-a^+ L > 7 0)0 N C > L 0 N
L p U 0 0 A 00v L r A N 1.- An
F-
7 01 6) A > O) N 01 U 0 Y mw W
N 44 N 4.- >•.- v 6) 44 b C 1H L C 0) V)
A U A -'-' U) 0 L IC C 6) ^ U V)
O) PWOMAWWW 7 E V U C 4
L L L U 4)•--•44-C.C.C .N 4- U C C C IC
44 6)•+ N N 6) L 44+•3 L N•..I > A A 0 X J
L N L N N O O O O) 6)L 0 O 4
= W cc C G V N C _ 00 v0
a+ O L E E N+N V 7 0 7 7 0 A u E C N 0 7 4 IO
X 1 I 1.+ a+ C A C L L L 44 ^ c C i
V) N 7 F 6) C k 4- C L L V 4'^ -. •
CLL N N 0 rn•^ WWVVL N N
1-- N N N > T U a-1 A W 6) W >L N C C•^ 7 U C
w A A A C C U N y 7 7 7 C 4+ O) A A 7 O'A O 0 -17-
Vl V V V--•.-- ‹W 0 0 0 0.'-.0= ..W S U,
. t/1
4
4-4 OC.-.fn u)u).-.en.--.M O O en O 10 Co I-01 C7 01 01 ry N- o WO (7 r'7I
CD CD H-.LO.-.en V I,N.--t u) on on urn �•.V OM N M 1-%Or,O )V N on
4C N 7 on 01 0)f`10 u•1 O CT CO 10 0) on on CJ V•-. LA V u•)!\n Moo O 1•)u) t0 M
11- 4) C re Ono,VV 0)u)N N.00 u)10 N. In O O N O N- 0)N01 CO en O 1, NU),
0 O N N.-4 01 NCO u7.••I on 10 u) 10 on u)u) on.-. 10 O n u)N 0)V CV N I
m cn b L V u)N V N O N.O 00 .--r LO N u) •D to V 10 ..r, .•.V V O
=CL E I'- -...-4 .r C)CO tv 4 Q c .-•e W IO O
>4 R N ti .....a0
'a ^
Li) 01 w
VI 10 10 LO
Y.--. I 344344 I I 1 I I 1 I -.3 r I I 1 1 1 e 1 1 I I .--1 .-.
41.-. V Q V
C O. 0 N= O O O
7 7 L 4
O O 4) •
N N N
U L G .
VCO 4.1 yX n N. n
4 40 X W '-4 .-. e.
LL. H V►
M .. V 01 (71 on
• Ql r 1 u•1 I II r V I I I I 01 I I I I 1 I I I n I I I I I N.
N-
• d u CD Cu N n 01 4
C CO CO
• J 0.1 n N. O 10 Q I
7
C L Q x 01 as V V to I
14.W
H 1 W
CO O.-.O r- en 01 Cn CO O.0) Q siD
N N CV 00 1 Q I I I r e I O r) I Q O on 1 ) 1 1 1 1 I I 01 O1
4)�O 41'•,' N W N 00 O LO IO On -. to V O O
C I+- .-.r)u)O O u-
) ID in N O IN. O N
I- L > V .•-.u) 0. e•) ID LD In on.••. O •n
« z ,--., 1n , Ln D N 1 1 •
C.-.Nv .0.
In to I A
.-
Us. W W •r-
.0
4/1 L .--1.O M C? O O 10 V O O I 4/
0. q 01-'. I O 01 MI I 3 1 I IV) 0) 1 Ln I I I I I I I 1 I O I 'Cr U) CO
= y 01.••I V V O 01 00 O O 01 Cl CO VI
O U I . . ., .. _ .. w . ._
Ct L W in N.... 0 u1 O
C.7 •O. O. • Lc)O on LO 01 1O N LO CO O Y
n O. V .-.
I— 0 O1 S w
N . 4-417 W- I Y
C.) H I I w s-
4.-3 r4
q O.
CD .-.
= Y -1 •.
.. O 0 .•I In W - N Ia
q In 1 I LA I N) V I I 1 1 11 m 1 I 1 1 1 n I L0 O L
e0 V 01 ^ CO on 01 M r) n N. N
N Y QJ 10 N LO V7 .••. I)) 10 N aL
O W on p L
>• r-- 0.VI N O S Cu m N N Q Ln •�
0141 L X~ .-. 0. 0..W... W C p w 3
z
W O 01 M 10 U1O1 CT.-. 47 V In N.V V V 10 N N
0 W in '0 V U1 N I N- r O I 010. I I . I 1 I I I I O en 1 alp O 1 .-1 01 .-I P••) •0
1 L
L C .-r en O V7 Lf1 01 COO V .•-I 0- CO CO O1 V 01 e
F- J 0 U. .0 J 1 In.•.I 03 CT N CO n en 0 N 01 O O Q CO 0
2 < A ..- C U LC1 N LO 01 Q 10.••. N. 0.1 VO' ^ n V n C
b 0 4)S Cu --I Nn N. N
O I . • 4)
C-1 ++ d 4J n 01 .-1 O
In W G N t/1 d'v .••1 L
w E ••q 1••I b
= C +'
117 L
Ln
.-• 4" CO Cu V V
W > 1 n LO I V N I M O .1 1 01 I I I ) I I fn 1 I 1 N I 01 00 01
C, O 10 V N ...4 1--- N 0 V Wen N. 01 .0
Z C7 e0 ., - . . . w
OD
4 L N—CO 10 01.•. - CO In 01 V V C
0--01 M CO C O
J C= CD •-. N V .-4 in CO N 0
3. I Cu
p
La-
U.1 %A W
Z_ O
Y
CO
X En
0 4/
C..) +)
0
vt Z
4.
.—. L 41
'" 4-' I-
4)
Y V
4) 0 C
C Z 4) n-
.0 o --- O. I—
ra x .-.
>5 Y W 41
Y 20 •0 J N Cr
0. 0. N
I-- Q 41
V
O 0 5) >- Y 41 V1 L 0
CU Y•.- 4 N N ••ysr X
W 0.Y 0• 0 an Op L V/ VI M .0 .0 >1 4.
O w •I•)— Y 'G .0 C1 N 10 •.• >V
0
0 L .- .0 C 0. Y I-• TD 41 0 0 7 C 2
1L V . ?'1 7 . 4) 4 4) 0 0 CCU w 41 SC
L 0 •O 4) 0 5< 04 4) 01 41 0 4) 7
) L 0 O C1.- V b •-t I.r. V U V.0•' L Q to
Z > >1 b'0 4) I 4) .0 U. V- C C'-' Y CU W
4 0 .0 4)Y C 'J an— •0 •-• •O .0 L 41 7 N Y N >5 ^
0.CT C 7 CC •.-• ^ N - L L O 4 .0 Y U .0 Y I-
Vl I Q 4)w 4) 0 w J N IY •0 0 .0 E Y >1•r- C.� 7 '-•
n L C•r >1 01 4) r O a.1 .--1 U 4)- § 7 4!.-Y O+1 N 0• .--•
I-- 4) .O PO L Y V L w V1 C 4) C 10 •• V U > 0.C U 0 L W CO
44-4 L +) 41 C•� V. 0 4) 4) Y Z 4) Y 0 C C C 0 U 4) 0 4
J 7 0 In 5U > 7 C Y 4) 4- L 0 O 01•-- 01 CU 4)..- 40 V .0 L w' C
V1 r U L O O J C.r C • L z .-. O.C 4) C -1
CO .0 O•.- 01 U 0++ 0 — 7 I— C IO.r L •• L L L L L L p Y 7
4 4) •0 L'0 CT L L U Z •- U C 0 .n 0 0 0 0 0 0 •• 41 •0 u. J
L T'd C S. L C 01.-Y 7 H 0. S.sr-V N•.-•wwwwwD Y C 4
J ♦.) .0.•- .1 CU O)•.- . L Y C0 •-• In L q CU U 4) •0 01 b O
n•O t.C x'0 0 0 T b W u ••Y 01 W C > C"0 b C'0 a'4 > C••-
N 4c OH+ 1 .O 41 .0 n E Y 0 •--• >- C Y O) L i10 41 4) Cu 4) 4) 4) L 0)0 Y I—
LL)Y an +2 0 0 Y'0.. 0 I— I•- 4) 7'O > 4)1 > > > > T > 4)••— 4) 0
4,'V V C.— .••.2 I— Cl.' F 0 CU L N '0 L L L L L 5. Vl V1 V I-
1— 3 C 4) •0 0 0 0 4) CC IX Q O '•- C 0 4).0 4) 41 4) 41 CU 4) 41 6) C
7 7 5. .-1 ..1 Y 0.1_ 41 41 534 O- C7 Vt L , 0 L 0 0 yr ✓! VI VI L Oh 0
J C N U U C 4) 41 CU 4) C L 5. t W > C W Y IX C CC C C CC CC O
CO .0 1, U O 7 7 C ... 7 7 I•) v1 O CO O) 7 -�8-
Q VQ Q CJ O QM=00LI L 4 Z•--•CJ CC U.
Q W O
J _J J 11
CU COUIQ•at CO V e-,N OU)al u-)e7N 1ON at U) .701 LL) O N .-1 ti
/ E I,R Q)Q03 CO U) on CO U)CO UO O CO Ch.-,CO O 4 u').•r 10 N al U) CO
CC 7 N.Ul O 0D., v In CO 01 d ul 4 CO O/'l CO 4 O C-CO CD O n e'1 01
F- C CO)C O COO U) r•U)O h U)Cn N U)O)U) CO N. u)CO 4,) 1D et 0 O
A CO O)CO U)CO O CO U)O u).•r ul cm O ID ul .-1 O OO C) .-I Cu R .--1 O
p
CO L-, N.-r N.-e(..1 N e.M O.--1 ul N U000,-4 U) .•1 N e0 ct en N .--1 CO
• • • • • • • • ... • .. ••
I.
= E .-4 V.--I N O) e•) CV)O N CO el O) el on e') N
X 4) .•+ •. N N v
W Z
W 4,
>1 0 O — C' r')
b q VIe� 4 I I 1 1 I 1 CO.IllIn 1
W O
C
U • -1 ....ti
V C 0.I—X N NI
W O.W U W I M
N N N. O M en e'I O N N N O) .-e
V 1 Of I 14 u) IIIIIIICIII O U) ti I .-q ID 0) I ID
4, U O U) U) CO CO N e•/ M O ID n
-•o-) • O O )D co ID .1. CO CO )D
A 0 2 U) IC O O a CT eT v et Os
L X a N. N. N O et N N ?
tri CU ay H ..-.• I w
10 Cn O at < U)O U)on-,U) l'I O M CO U) U) O C-) LO •
W V et I n N.-I )D I I I CO In C)in O I, I e') e•) Ul U) .-1 CO Q u) .•1 ,-I
U C a,N O CO.-1 O O V N Q CO U))0 N CO C)ID N. CO O) CO O) •—
Q u..,.... C(•.) p MOO N U)M Cn U)Q N e) CO 10 O )0 n P —' C
W U O! '0 C N e•l .Cr u)CO Ul 2—,u) en O )D.—e c) M CO N ID 2
QLXI >_ O CO N. N .-•1 Cr,N O U) N. e.)O) U) CO N et X
• 41
4, CS X l!'1 e7 O )D—1 O C) I at .--I N `,, V N O c411 CC W .-1 N •-•e Ln
0.U. E I ! I ! �^
2 4L) •--. .••+ .^. w
r G > U)44)44)01 e+)1 N. N.N CO V O CO.•+N N U) 01.••1 CO In N •--I of O
O N a.-+N N 1 r) r)O U) 4 .-4 I ul O Q co N. M co ul M O U) uil O
N 0 co •-N N U)N N..-1 O U)CO e+) M C00,ID CO e.1 In d•.-1 e') CO N M I 0, 4-,
M L
CWD W L CO CO ID 01 N N N.ul CO CO N.C,))D Ul O VI N.CO O) C4.1 M C) )0 10
2 Y CJ O 0)O)e.)en V O CO.D O r') NCO.•-.U) N. N. N O M ID O) CO CL
Q C y= ...r1 V .,U) U) r-.r.)co ul )D .-I to co M a-N. )D N )C COCC _
U.cc n C.7 v •
in .-1.-.i CO .. N CO.. .-e v ~ A
L
01
zO ..4 W H 61
.-I C
O Go P)
La CC L CC
0 7•Z 41
J 4 .0
E d
O Z W u .Le
I--O La 0.Y CI N
2,_ W V 41
oc_.),— V117� E)
C
VI WII,•. W N
b
l QI I. V)
7 eyLI _
2
CC E
2 U
W OC C
O W O
7 C
0
W e, U.-
WIli N
.4X CC
1— ' In
N 1— 41
O 0 O
W I 2 2
2 w
I at
CL L
O X N I..C) W W
O CF N
U CC v V)
C W C W
} CC N
O IA CC 4.1
In 41 O V) e•'1
— 41 v) U 0 7 4) 01
J L of w L V) Y N.
-CI 0 01
4, 2 W0 MU) N 2 .r
41 V, V .- W N_ u) W 2 O1
C 'C .4 C w 4-I 0) F-O V) -.•
41 ; 4) ye C7 C O • Cr e')
> 4) L CL V)•- 0 O .--I W
In 41 in J p)N X N It W U 0 2 W L
.-, L 41 C '0 41 4) 0 V VI VI C 2 Q 71 V) 4)
U y a, CM In.- I- Ce L L 10 < L 2 E
• - > C a, C1 J ^-. 7 4.1W C N .0 4
t.. .O > 41 N 4) V-- U . •0 44 >- O 4-Ie- VI W 7 CC (11
4)4, L L. 4) I C 0. r V •— U V) N N w Wee C F- U
0.C C) J •0 O 41 > >,C V 2 C C a 0 '0 41
4) VI VI C L >I O L L R) 4) VI C W O R1 R) L 2 I— ') Y O
V E 7 4) CO a, VI C 10 4).- E 7 04 •-. ZS- L 4/ w—. F-
C 'L'L'' L 0 > •• > 41 V 4- N 4-• C 0 n U -.4...+ C }O
R) L 0 CO 41 VI 0 •.. '0 V•.- 7 L 61 X •-.. U 4-' W 2 W O W
4)IF C 0.' w 00 '0 0 C 41 >I 0 4) C La W 2 Of on O Wu.; V O• LI
✓I > RI CC .-• VI L '0 3 L > b W Q C C CL 2 W
41 0 VI 4- 4- 7.-. .p '0 4- 0 O .2..•-•- .-- U.>C Q
N VI O)4) '0 F- b•.-• V >).C U-- b 014... A +,+-I .0 O W J J J
W VI C L O)4/ u -+ L U•- N .., .-. a, L 41 a, U. 10 '0 44 Q Q Q
7 41 4) 41 L U 0 04.1.4-.- C.-,- 4.-•••••• 0.1U 0 VI L L 0 VI CC CO 7 CO
2 X (.1♦, MIA N C 0 O J 40 0 X 0.N VI I.- V) CC 6) 4) 1- V1 W O
W '4•- C .C . I.,, 41 7 7 0 4) .) J MC - W W 0.0. W 7 O I.-• O
7 I- -I.-.LI}_ Cl.CJ`7 0.(.1 =CL •I L.>•--•2 U 7_e)a V O 2 V) 2
IU rr X I- X = W 7
2 U La C) W L. CC u_
-19-
el I
N Cu...11 u',.0a U) aiM a U1 O, — ON 0) n
K— u 41— ..-.a 2CC,r. CO HMO, �O OION a es LA m, O)I
a r.N v-O .. O9.-. rn r.In at CO CO 0.1 —I m
u C A L O)a O M M OD es-N CO.D r\.0 d F. nP 1+)
CO O ..._ L 0 M m v — .-I CO M F.CO O M .n
r Q i 0 > r•. LA — CO .O N
_ > .0
LU y.4,1. .O .n .n r. —
W W C
0 M
.0
O U)O 0,M N 91 .0— '0 O1 CJ N in .o V N N
1-• NO M.O.-. C C)—,U7 V`0 v-4.--I M 2 M 0,I .n
0 M U7,O•-• •a' U1 CT Vl a M 0,M U a— Ul O,
CU� 4! ON N C)0'F. CO to N 0 '0 Fl.tl 0, 04 r.I 4‘.41 .0
0 . 0. .O. 0.0 U)O, V O�N n.f Mr. 0 .001 ti N
C _.ID CV— O—.0 INN O,c m r+).0.n r. a —In rn O
L m —— U, M N .0 N(0 0' •-• Ua 6-4
O W •-• N rn M ....
F I M I
S
CO.f) a Ch 03 a F...CV CO Ln Cn.n M N .DN ChI V,
M1 Q Ch sr CO Cn M0 VI m.0003 O) .....m O a
N.Ul O W— a .f)m rn a.n a CO 0 in 0) a 0
.c 03,0 0030 in N to co 4.O O,N .n 0,UN m 1.
7 O ON m ul c O 00.C 0 .L1—50 O, O '0 1n — m
V N— N—N N N.rn m —U7 N VC, m —in
V
CC a—N 01 in N '0 N OD M CT
— — N N
M
u
0d i-.0 en r I I Q m I I 11 I 1 M I I M
C.0 .0 Cn M m 00 N
L O — — 0, O) -
L O O .0 N.
> 14 I u-. .n I In
Ci C —
a
N v
'.7
V
I 44 O 0 2 •O .O
• \ •••• I — O .
rI 1 I I I 1 r I I I M I I rn .O
W0 4• ,.-• . 0 a
'aJ
01 q
0. _E 0, 5) U) _
e .o n
J .— O V a N N CO
RI .l CO
CO N N — —
W
O M I M
= A
a 1.7
IA.0d
M M M O
2... O r I , ,O I to I I I I oil O • I P Ul
2.. .n a ,f1 CO CO N
,n r ,J,,I o o 0 .n .Ci
Znr
41 Q a n Os N
M
2 ,T
U J O
—
2 4J O, 2 O,.0 0, rr.,O.n O) 0, a, '..I N O,
2 a,0rn N 1 r . ‘4,•-•.O,0 V I CV O .V
0 4 ..a 4J°l.0 0 I 0 M, a rn CO In M a, 0 Cr. .n n
CIIO V
< W M C A L M N O,O, r. CO O,e...•-• M N m — .-I
LI L _ L 0 NON ,n V CO m r.r. . --- M 0,,
Z CC, cuO >I v r• a M O V 4.,
O 0IO 4, tI c0 LO 0
•_ C
1 2�, U 0 I M I O
2Ixa 0 _
O W , V C Ln .n..-•M a .O—0 N O .D m
01
O d u r` I ...N m 1 I I a rn.--I O rn en r .(n N C
C..> I •NJ C u� u 0 .O—.0 a a—01N a O .-• M
W W Cel 1 d M UJ—m T '0 M'0 I. CO 0 N C
O £ 0, .O M—r. CO a r.MC.1 N .11 N. N.
0
2 L V .0 t0 N in M 9 M— T 10 v
}4 v ''''CO .A O .O .O N CO T .n
a 0 >- W W N N N
2 M
W N
O .0 al 0 Ot R ,4)to.n rn — ..-) v 0
1 ,a1
-- a 1 r.N.••1 .0 I 1 1 Caul O M m N. 1 M M
2 O MOOO a CV V CO In NO N c0
U.! ,— • . . n n n • .
E' b 0 &I CD m N N.M T.n .-4-C N M
W3 a 2NM a U)m.L1 40 LI, M
H r .0 CO N. N —0,N O .n hi
N CC .n r•) O .0—CO rn Ch
V) — N
O M
W
2 _
CO 4!
2 4J.-- a In —M a a a rn CO O O, CO N O) Cr,
O d—(a Qa U)N M 1/) .0 Mp. I .0 In .O 40 N r.
4.) C.0 .0 ?N rn a)t0 m O0— I 0, O I'.N a N
aC , - - - - . - - n -
L O . N m M N m r..N+ .0 (1) n CO —
0 > LO, tV•v eV 0 — M N M a In
T .a N N a
}W CI M
O
O V N O, .O CO— N 0 O,V O a
\ 03 0 .O LAM CO 0)—.n r on 1 — t0 0 M O
•V 4)a.l n M CO.n a O, U)0,Al N •-• 00 a— CO m
L Y
41 .V u .ON Mmm a, y'1 NO O N C) •••••M .0 21
c E CV a 01 O h.(V a C) —0. - N
a1 j 2—2 N at in CO ,n UJ —to m
O N m .cl -- CO M N 0.
w
M
' Ln PP 4ri 0,M r.I N.N m V O CO .-•NI N.. .n
N V N N M i rn m.n )... I LAN l 0 a a, M
CV LA Cu es— CO Ln 0M M O N. 2 C M Ul
0tO WON N Cu I.U'1 m rn N. M .O 14) CO ,n
a Men ai O CO.00 M N m —In 1. r.
V • a .n .n I.M m .n .0 —IL) W v
11'1 --� m M N CO
M
N
N N 7 an in I
.L
a+ V 4, a.+ .0 N C Ob > a) N a) - O y >-a l M i y EE 0. V0.C u J C a N N •.^ C N u N C L. >, O L. 7 u u N K
E 7 a) a .. . .C O u—a E L J u W V,
C L 1)c C O • > a)V II N M 4 3 0 0 l..) 4l
.4 L0 al al V1 0 4- 0 N ~ J 0 L..r a) X 0 0 CL'
a) 44.r LX .n C J O) O >, Q1 Ns. O C C 41 C W U. J
V SrQ VI I J N i q ,11u .4 40 r4 W N F-
• N 0 C ../. J b t .-— O C O W.-.
Vl In 4. 4 04(4 'o h 2 O V >.L G 'J.� 00a,010 O— N 27 0
W V 0 L 01 4) -- l U. I-. 0,a+in'.N 0 L 041 N 2 2
J a,dl a a1 L. u, 0 O al C •- 3 C—r.-.•fl .-0 N .I X N O N W Q. -20-
. u L N a C O a J C .O G X 0..—a+ u ti LA,3 CL
LI HJ L., .
C .t 4.4770 U770 C.. W W?C
V 2 CL L3—D0- Ma. V S C.),2 LJ
w x ac
M
y CJ in N •U O an
I ,0
Cl
L,'-.0 Cl A} 1 rn I M
„..,01 C., L ^ m I
'IC I� L 0 0, N M Un
M
S d L O a �. M r'1 Q Q
Cc I } .e Y. I '-, .+
W, L. C
�I r r
C
V (0
O I _ Q M CO 0, m ,0 ll
I— . .Qn M
y ^ V M CO Q O
.-,
OJ N r+ Q
V q O• IO 0, es W M
• C „j M 0 I n es
m M
•"'m M .Q.. v� v M r-r
W
M M
Q O• r O 01 CO
A m
10 N01 01 CO
0 0 m Q M
_
N L.n co N CO CO
0 W Cl on IC N N m O
4 N ID
4.. " IV Co .
•
d M M M N
WOyI UI
d
W^.- Co CO CO 03 I
L Q .O I
CO` I I fV
C L f .n u-.
„.. L O M M
L O T W VS I V J ,D O 0•
w U) se
V
C
0
N �.
Y
U
• a 8 0 ,o o, ;�
'•-J I o to m 1 ,o
U O , O O Q b 4,-,
¢ �` E rn .mil Imn N, SO O� a
4 V M O sel YlI NI.N. L
Oa d
2 .0 W I H , I M N
O U .C
N
W eNJ •
N N 0
2 _ . _ ,O 01 1 IO
'�> q m M O IG 0....
O
W N 4 4 CO CO 10 F+LI 0,2 O,00 z 4 M 4 N N Sr •0
Ng
d
�
U
r T q
.. o
O .
L r 41 M M t!1' I/1 N
O G •-• y 01^ I N N N I 1 N
Oa ;or M u.0 C L. co Q ' p
ma
U. -10 r
T .-
O or N t`G L
2 V __.....g
M w m
,- W-; N
I- ICI.a 0 d 0,
2 I x
or s-± N_o a ...Ls._
rn:11 i , ', 'ao 1 oQ+ m`�' v r�i+
iel I W W L' ,0 01 �l O M O .--1 Or
O r• L. ^ E W Y) I+) CO N .0; •O
W L A j M M 01 M N O,,
}4 Ci Co .ti M N N
W >• U W v v ...'
K 2 61 'O
0. r r
O H L
I'^ se▪ L0 r ,--, m K In I •
- C
•-
__
0, 40 N' e0 O, m 0
Z= Cl I0 I. �I w
W J O .0. M SO 0
CI n') Cl Il) CO NI N V ...
ti -
4 .-. .N.. �.� N ti N
N S.. u
C. r+ r it o
i al
z ell 1^ 0, m n N 1 N 1^
o a ,a OS ,o ,
u y a r0 N IC1 cc, Q R
r0 L . .
▪ L O en ern CO N N
L O T MI M
,e a V
,.. V v Q' Q
W C r I r
CO M IA 01 N Cu•
q 01 Is. sI! N l00 N M N
L F
C 'a I
O N mc E v Imo rn �om „ w i'02
v In QN .. �f 0
•,.,.,
I 1
M rp
01 CO rn N Q
CO O u') V1 R m N M.11
n M M O IOQ N IO O, .�-, Q
rr V 1r` m
' 41 r v
; r
N Q (.71J
J M T
7 01 C
_ O .0.- N J H.4 K O, O1 al'• V N 2 U Iy W es. u r.
CO V1 N N O C V W L O, 3r 0
2 W L L r0 L LI O CC I- I-v
N 0101 Cr,N — c 7 U r L.Cl
�O Cw C V..• 0 ¢, . M 4...1 4.1,2 v•r N•^ N u. .0 0 Li..., O V1 CJ
C F. C 0 W N Mr W C0 2 L
N I. •0 A .3 I— 0 W n 2 K 3., W 4 N
...us L L L L V J L .0_J
t.V as...0 60 r .^a'CN S an r E
a O. O. In 41:Y W 10 7 .7 t Co UY -21-
w Ca W 71 CJ(Y a! z'J In r— n U
7
.7 ..O N v r\ Met CO CO O CO 1`ID 'O M to O LO Co M MM r\ 10
C
E G).-.Net 10 I C)t!)ID N N.f.....r CO 1()n U)47 0 CO N N N.•I N CO
7 M r.c...to M .-1 O st•.••r Cn O u'1 1`,.tO O CO M.--1 .-4 N W N In CO .--1
I- a C ,a .-1 O M CC •O' 000 to n N In N.N01 CO. e M O+01 0 of et M
.O 4.) .-I M1 U)t0 CO Mtn MM O)M NO..+M N OM 117 CO 0 Mn ti rl CO ,O O O SO N CO SO CO t0 M C)W CO N CO .--1 N O M .-1 N
in E� •
0 N .I U)— .-I ....
X 67 N N .••I N
I.61
S . H
>4 4.1 I O N I' CO 1 1 1 I I I I I 1 I U)1100 0 W .--,-1 I I I 1 I
L. O.C nr- c CO M...I e) .-I
N T,0..1 N w . . . . .
~`IA 7 C 0 141 C30 CO.-I CO O1 cLO
n
7'G C L 7 N CO .--1 .N-1 NJ CI M M n
0 C N 1-LI.
7 a .-1
L.L.I.L.I M
M M 01 CO r...OM CO 10 e<M U) N M M Is. CO
SO 1 1 1 10 O I lO Co n r\as CO 10 M 1 I I
a) al a) CO IA 'a co Cl,a N r•.ID.-. .-r m 1 N It)O t[)
1'•C.-L7 CO m Ln 00 c..N COI-Net W 01 0VQ 01 T L > C ID 10 .--I M.0 cr.M 1V.-IM O M Mn O
~ ""' 1. 7 er cr O ,_, Ul CO U) —
C)LL.
_.c+VI CO CO .--I M
lL H
CO N U CO
L)2 LW 0 .O 4.1 v N I 1 R N R SO M O) n M Os M CO
et N Cl 1() 1 M I O N 1 I CO 1 I 1 to .--I N 1 1 I N
2 LL CU N U) I) 0 tr)O N 10 N 01 10 nt 10 0
J L N co .--I er 0 ID 01 h Q N co M C')
AC IF-• 0.C et 10 .--I 10 co N.M r- CO O O
CO N O L > .. ID CO Co M Cl N 1- ..-I 10 1-1
.-I
Q K 0. 4.1 n N- O •I'
2 I- C ! .-I .r .-. ..I
O w
LS.12 1 H
Q z
....N
2
CO LO
W d
CO
2 0
CC 2 O)
=4 N. cU
U Cl 171
CO .r ro
O W ix.
O <> .-y 4-,
0 Q M x
w VI L 1U
W.2 a) 1_
N= 43
O W a1 C
Q
/L t U 77
1-O WICC I 4 0 Cu
W C
1_
st
W CC -O a1
vl =d C O
2 O w LJ
}Cl- L
w a
CC J a)
J >-
0`a
1-!VI
wI
ICI
V)iQI
411 0
W 2�
r2
•
E
0ICC.
U
N
N 41
N 7
N N V1 01 C
4) 04 N In a)
N 7 o 0 N >
a) C a) N C J .a 41
7 a) U a) a) .-" a
C > L C N O
N 4) 4) N 4) .O C X a1 •• O) 7 CI
4) 111 > CC 41 3 C a) W E on X C c
C L 01 4) U 0. ..+ X 01 U 0 •N > aI
41 >-.- C VI U ./I > C N WC C Z 41 .0
W S.. C CI La)..- 41 L '0 •. N W 41 I,_ L S-
0 11 L C +•I VI > OP CU C lO N C W V > 0 n)
2 In .,3 N•.- III Z L.._ In .o E a) 4) > b 01 W 0 IA 0.
W 41 C a1 L W O) C N E L C ce U a) 7 0
>. 1- O N 4) 4 N N r +I 0'O C >, a.. 4) C 4)•- O C
W 0 a.-.- L 0. X ♦-1 10 t-.. C a) .O .O 0. Y 1.9... E •0 II) 0
CC 9- C.-) C) 0 CO.-- N 7 N 171.41 47 0. 0. L 0 q 0 .n C 2
CI) 7 0, 4)-• 4) VI 1-..- IO X N 1.. L ••-.V U .O
C O N E JO O C9 C.- V a1 41.- N a) N Y N N r 4) I'- N C C
2 41 - 47 .2 C 4 10-.•.. U L 41-.- 0•.^ 10 0. Q I))•.- 0 r )O
•-4 CT In t L. .. -. 0 - L5. .•4)'. L L 4.. C C N O CC L 4) .1
I- L C)a-1 11 0 1- N U•..1 O.a)V L .O a) 4) a) 7-^ 0 w a) E C U 0•4 1 > C C 1-• i L •V C 0 N I) o.n..c: +: . C 4- f l + L 0.a
' •c C 0 ._I •) N .1 4) 1 .) N N N N c- •U ,U T) } C •7 .O
1.11.1.. -.•7 7.1 r1 I.l. ,I!I>• r Cr t). ..i,rY. .Y r-.LL.CO X-
(1 'L t:)
-22-
Q e N 01 0 N C)0 CO v 0 9 N O CON LO 1n
I E '-+ 1O n M L0 LO(0 01 10 10 LO v 10 r'. p r`
Q N V v N40 CO U) N4-4 Q O 10 Q Q.--1 Cu O 10
4.4CI c AO N. Q — 00 et QONO 00 ..00.-4 M .--1
Cfl
'o y v O Lo M N ..O M.-+ CO Q O C0 10 N r+
CO 10 L O U) M m ..v n Q O N n Q N N. 00
O
S E~ .-1 .. 10 v U--r•1 .r C•7 v .--4
x 2 N NJ
W
w i w
>Y O) .v p-. O 'Q a (n. 0% 471
O W O1 U) I I I h.OI r I I 1 I N.
'0 C Y ./1 .-4 .-1 N 10 O LL) h N.
--r•- N V LC) 01 Q Q 0% L{') •
U VI J C M M N. M N O O^1 CT
7 V C L 7 N. N. NJ M a) a0 L0
V C O)Y-LL
e 1h O e
7
U.La.
to* w
0 t0
L0 L
r- 0 N CO 10 (VIII v 1 I I 1 1 Q
01 .O as N .. v C11 Q Ln 01 01
>L L.-V O WI V) r\Lcl N f\ N.
M. O) > C IN 10 M Cl a1 .-4 a v
y L7 N Ma M 0 (O
ti
7
W w w
V) .
W O JO N Cu O O COQ O Q N O CON 10 O r
U 2 4-4
O) Q I Q CO 1 m t0 01 LO Sr 10 Q'D I-. p Lfl 0
2 0 Cl N O O H ...-a<0 01 v Q.-I N O 01
Q L n NQ Cu LO LO O N O 0 .-1 00.. M M x
CO a L C N. N Q Q v M~ N N N v N n Q N
O O 0. 7 •O Cl' L y CL .-L .-1 M N
2 W CL C .-.1 .-( .may M Y I .=
O w �
W 2 w4.4
w
2 L0
0
► 2 Y
N 1-
U.)C1 .O
LO CI
C1
2
Q 2 0% _
Z N. Al
C..) 01 L
f CA
Q C)
O Q> r( 4-4
C
Q d I— M
J •
W V)C7 S..
q W2 C) C
N a 0E V o
O W La 2
4) 41
O
0. 0 et el
Y L L
> x 0) ..-I
H W C
N N
O Iv-
V L C
O V) O) a l
U . W K V 4)
vl
i 0 w ° g
Li U
}�C.. L .-
W I R) N. N. M N
IY J 0) O1 O)
I-1 >- .., .. L
O Q 4) V a
.0 O)
• N .--
I-Vl Y CEl In C
W2 >4 > C U C) 'U
Z.-. L.
o b a) M >
W 2 7 7
C
H Q - W
. W A R 7 N
I- 7^ "7 C C N 01 Y
Vl
0 W
V V V C)
W 4 C -' C L U y
2 Y •
-H U .co u � w 0
C7 K N 4-4-4 y C V co .4 O) O)
U I L N N•- C .-1 0..•tl O) )-
O) O) N 0)V r-Y O
"- L CJ L.- 'U v.-I 7
In C Y C 4r y' CT V
C O 0 O 7 6) >1 N C V
'0 2 0 d L 7 4)
L I v 1 —. A0 N,17 4- p
I- L V 7 V C V)
(1) N V) 0 C) C 0 b r
01 0 V C - Y 0 C) .0. V 2
0'a
C Z 0 2 U A Y"7 U 1 0) 4-4
_
"' ')4 y r 0 CT•4- Y 2
Y rr2yy S. cq2� N C L • L CO. U OC
S. d a Q y 0. N Y >4,— 4.4
u •4 w
O .--. L •� L U >•r C N Cl
O O 0 Cl V 7 C C) J O 01 W
W•.- La) C Cr O L r'.0 CC 2
Cam) CZ 2 L 2 6/ O) Y 6) 4.-.
0 W E O K 4-4 0. Q 4-4 0.IK� I N )0 1- 0 I Q
'1- U. C I-C.- F 0) 0 O) CC Y w U 0) W
CO O 2 C CC x V C C I V N.C C CCN.
CC 4..•. w♦N.. La) 7.O b C O) .0 I/)
C)
E l— J-+ U C U'a- Y q W J L Y .^ UJ
UO O z 2 0 2 7 (0 2 Q) CO 2.
•C 2' _J 4-+ J MI Q V J .0 V. V -J
Q N Y L L C [ 1•a C In C Q
N CO 7 al Y .)) J CO 4) O) 7 Ca
•'C 'n Cl C C LL a a> Li
et CM'V C) '0 O N 0 Al x C 0
W 2•L I.)C.)r) 2(J W-. 2
a J 0 7
O 11 LL U. W
-23-
141 01 N l •O wr 0...0 Csi nt O N 0- P.10 Co.-.. N. I`W M
7
Q E N. .-1 O+ N.'.0p,Q 1.Cr U!1 u'1 .-. (O N.M CO 10 .0 W to
..-. 10 N'! ,4 Owl 0'sr N 0-O N. 1'- Q1 f..•.1 CO N 01 P. h
r- y a ID .--I L N. M CO Cr 0,4N 0 CO .--1 c N V.r O Co r+ O
10 v1 10 .--. 0 0 0 0 10 M M N M N. 0 (0 M —/N .t
CO LCn CO N H N I .N 1O H Cr,M M N .--. H
O
Z d E N ..r � rn 0 I.7.-r tin
W Y
W 1.4 W M
0• 0- V- V-
, I 1 1 I I 1 I
L 0.C N N N CV
+-I— .n V v c v c
U N 7 a N. r� N. N.
O C L 7 N. N. N. N.
v C O I-N..
W li In
W W M W
M CO .--I Q I!1..4 ..-I 1C Or" N.ID C•1
N CO N t..40 f1 f I I I 1 N 1 I�M 01 1O CO u7
O - 4) v N r'. v In Q N I.....--1 10 T r` n
>IL•.-V N CO M M O01 O N4O- .--. ON O
> C M (s4 tO 10 CO 0 N Mr O- 10 .-I N Q
I- '3.1 L 7 M In CO N N M ..•I N .-i
C W ,4 -I
Li-
0 W W W M
>11 _
L N T O CV 0-0 CV 01 CO
N 41.1 Q N n I I I cf.r�CT In In M1 0 I 1
4.)CV V1 C] N N QNsr01. N 01 100 1 1 1
w
L L N n [r 0.-I N0 CO N N V N
a 0.C V M r' 0 IOM on N M N. 0)
O v 7 n N. Q n N VD —I 01 01 CO
1 L ..1 1L 'y M M v
VI 0-
C
z0 W
0 Z W 1 W W MI
VI r
O.O
J CG
Q~
0•
U= 0.
z rr p1
Q I. 4-, y
C CP
I2 Z
O .. .. 01 A
II O.
D Q 0.p. In EL
w x 0 L 0 X
3 J 2 4) Cr O
W V14..1
0) '5 C
Q 0N g IO I..0 O O.
O
>�Jp 0. O Y r) ea/-V Z> O O. 7 C U )
Z I- LI 0. 7 y
OI W U V U E O Qf
UO P Z V 0. OV III��V) O C C
.. Y 4.1
W V- !.1 J L C
.C oL c0 L ..r
W O 3 0 L 0. 0)
> 7 Q c
¢ 4- CI U
0 4.,
`^a >, V O 2 41
0 0 O O 4-
I.).1 ocI O. 4, .-. Y 4-
,2,,,j0. ro Q1 C .4 4.I O ¢
mIJI 0 > a .0 3 4-1
o4I .c C y 0
O v v a n c
ell L O O . -0
C 3 In a+ aJ E a 6)
7 0 V 10 a L I-- 7 41
Cr ✓t V C y u ECE a) C-1 4.-
L 0 rCa —O U 4- Q a.I u- >I a.I
.0 4-' 0 01 W ..I >
O R O a L Cr 0 ¢ 0 4-I
C L L C G1 41 .- ...I I 0 U
•_ 0. O CO a "Cl4- I- 2 ¢
a
O V U IJ C 41 C O V .-•r L 01
O V 10 41 0.. In 0 C
• 0 a V In•- ¢ UJ-C
.C o VI - VI C .-1 > N O.- U 4.+ 4.•
U C. a 0 r0 0 01 n C- 0 an
V- N a 0)4- 0. L C 10. O 4)
Y CI) O CL Q .2-I .>.. >I >
V O T co +• U V L .0 'C
Cy an — O IV C 7.- Y 1- .
7 V 0 1.. (JCL,-1_.7.-I 41.-C 10 r +a U V L. .) 10 CC
L ., 7 C •O..+ O Q O O V
O .-• > 4- CO 0.CI.N - ••.0 y E'- 3 .9 4. C
W U C 0 4-. V1 L >..O.- 0. 0. 0 0. C0 0 VI N
O 0 0 L O C > V ICI 4 0 I1 • 490 2 Z_.O C
'- 0. •O 01 O Q O U 7-7 V•- CCU .-' - •0 01
> y..1 4.. L C- C y V1 J C 0 O ►- L L C
O V CU - VI N 0 r0 01 CL 10 Cr L 01 •-•, N.-I 4, -
CL' - r0 0 U X 4- O) C O.r- O L C 41 W C U
CL N 0 .•.• U >I C .0 O 0 r- •-
4) y ..I '0.-1 E Y4.-4-4- U Y Q 2 U a1 10
J IA L 0. a• C O N E L J 0 0 L W C
a CO. r0 0 7•-a U C ap
I-- y 4) U .-1 0.4. C C 0 L. 0 C- C C C 3 U 0 4 Cr Ia_
0 a ro 0 7•- 4. .. 0 0 0 W 2 al 01 0 C U L .d 0 V1 Z N N A. Q Q _
Q W V.— b
U U •— 41 .4 .11-- 0 .700 4, U'— ' 1.1 a, CO 0 10 N
C •• Y L 0...1 '0 N•— al O N in C 0 W Z 0 0
0•--•V L 0.V I .J L L 6) L I.— (0•— 4)C- N —V 0 .-
2 V 0 41 On— 41 .+ U N Z 0 O E ¢ U 4)•-
-.-•"C 3 V V1 C 1 ..' C 0.C - Cr CS>. W 2 X vt
Y O C y O .0 C O L . Y U U R1 CC 2•— O
0 Z Vre _JLJ.-+Ufl0 CC0-0-0. = L 21 CC
'1C — V-
-24-
U) 01 O10.-+.•+1010N 10..y O OO.•..10OMN OM0 h' h
a
E M Q h b.-r M CT.••I 1n.•-I CO N10.-.co on M co.-.U) 17 LO
N 7 N O 47 m.r N.l0 CO 447 Cl O N M LO COON 03 LC)01 fV —
V
F- a C 'CI O1 10 O O to N O h V.-•I M .--1 Q'10 O.-r m.-•1 4-)1D M O
•O h N.--i Q N.-�1A�.-1 h R In Nl 1l1 LO C'J 10 O M
CO b L O v O CO Q.•-I.--I M... M ..y�N M y 10 N'
T O. E~ -4
YC �. v
LU
01 10 CT .-1 N. M CI>1 V1 CO h U) I I I I 1 .-1 I() 1 I I 1 I I I t V H
L 0.C ..r l/)01 Cr, N N
MI >, V .
H 1/1 V Cl O O .•1 V' .t
U UI 7 C 10.-.M h h
7 V C L 7 CO h h
V C II I--ca_
.-. 76
W W
w H
0 h 1010 et.--1 O 03 1.0 O O N O M h M
M 1 t h I M 01 V M I O N Q h co I M CO..•q 1 O 01
CU co C h 10 0.N. h N 10 CO Cm M 10 O 10
[1 C.�V O CO N C".1 N h .•.s V 01 O CO rl U) '0 .--1
y T C 01 CO .--.1f)M h of h.••.1() a----•M .r L0
V CU 7 v .-+M.--. Cu .--1 v NJ v
C -NLL
c.-.
7
U-. W M
T. _ ••••-••L �-1.--i 01.r O .--I a) ~
aJ 01 10 I r-......., I 1 N I I n I 0) I rM.) 1 I I Lo CO
.12
4-1-1 VI in a) CO.-, CO 01 V O.--I O Cl N LO
'L L. .-•.10 CO'0 U).--1 IM O.--1 ,- 10 01 Ni K
{y n C .CO O Ni . NJ NJ h 0 p .+ Q CV
O L 7 -'Cl U).-•. r.. N M r+ CO
I L 4014. VI
r
V) 0. C
z6 L.-1
t
O 2 44 44 ++
l-U-
0
In
4"
+•+
O
4 L
b
CD
Q a
*"..Z
C-'o ^ C,
z i . V
O O W C1 M C
Q
W0 CD F C
cu
WC> V)4 E '6
O O WV
VI 47 L
2 '0
I- Y) Q VI
2 u�" V V
0 O CU CLI
4-)F 02 -0
V) 0 C
I.L. W 4,
2 T L. .0
Lli
f CC Q ICI
N
1.).>►- r
a, M 40
�- V
N 0. A C
O O 10
W CC C
Z 0. N 4- 01 •.-•
CO J C) .- W
£ 1I L N 0
O d 1-3
C N v u
V 4.) a) . .11
01 V •- C 0 CU
10 VI VI .0 0 .0 4+
V 1/1 C) '00
•r ^
41 y 10 10 2
J •• N (... V 0. 0. v (I)
Q VI 0 •0 C C .0
I- J 0. 0. a) r NU CI J I--
0. 0' V V V L '0 X .0 V L M-
4 VI L 0 V cc, 0.1 L 7
V N I4. •4- C V ^4- 44 V '0 V O.
o .C 7 .0 n a
C7 V N C V L C V
.2-. CC) 01 �0 V C V ^ E 01 •.-
Q L 0 C) N
Y L 4+ 0 a-1 C L v V1 V)4/ b z
CC L .0 L C 0 V L > - V C) IV V
CD 0 CD V 4.. V44..'. VI 7 0 '0 C•' 04 Y 01.-
0
L.L. C C) L CC
L C 1 Q. VI 4-" 0 4- C. O
O F V C)^ CU C U L V ^ >,.�N. 0 L 3
(I) L .-.0 T 7 CU a/ .0 .0 V.0 4- N C) 2
- V)�L (1) .O •O 0 0 V -.L C) 1V C IU O V V .-.
I- a) 7 V .o > CT 0 1n ---. a) 7 a) VI^ T.7 ...
2 VI VI > al 1n vl^ 0).0 •O 0^ C u .-.
W 10 •0 V V L L VI O) 41 .0.0•.• .7 C1 U 0•.- C) W
2 C) a) C a U C) a) C N C) C) .0 L T, .7•.- L 1/1 N
O L L •0 V C).C.C C) III .0 L L ?).0 .0 C L C V 7 '0 d
0 0 V IA a) L 4,.) 01 n 4-1 C) U V '0 r-• C1 0 01 a) L V a/ W
X C) .C N L a 0 0 C) X C) L O n•0 •. .C L 0 .0 L C'
O V u .11 al U 4 V1 Ol E E L N C V 4+ .n N 0'U 0 7 n E C W
41 V O 0 0 V '0 �.. 4-'V '0 7 V V 41 CJ
2 a) 3 1..1 C •I L L 4+•.- (U D C N C L 0 CC
r--. 'a t a) C) O.F 4-4- CMS.. ....1 VI 0 7•". N 4J L. V C) V
y Cl C) a) 10.004. 1001 V L L a) La
V1 (1) 'n .C > V 4+ C) V > 'U C 7_ 4) VI V 4 1-4 C C).C L L Z N
41 L .0 41 C 4 4.11 7 7 C L ..' L IOU V IU O O 4. 7 0 •_
C7 'J I.J lJ•--.•I W C,1')•-.rl/D t)L1-L'C CC L)(D O L.)V U•I
C C CC
•r- t
t t
-25-
NOTES TO
FINANCIAL STATEMENTS
COUNTY OP WELD
STATE OF COLORADO
•
NOTES TO FINANCIAL STATEMENTS
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies:
The Summary of Significant Accounting Policies outlines specific
accounting principles and methods of applying those principles for
the various funds and account groups of the County except for signi-
ficant accounting policies related to the Weld County General Hospital
Fund which are combined at the end of Note 1 .
Basis of Presentation:
Each fund is an independent fiscal and accounting entity with a
self-balancing set of accounts recording cash and other finan-
cial resources together with all related liabilities , residual
equities and balances which are segregated for the purpose of
carrying on specific activities or attaining certain objectives
in accordance with special regulations , restrictions , or limita-
tions. In addition to the funds , self-balancing account groups
are established to account for the general fixed assets of the
County. The following funds and account groups are currently
being used by the County.
Governmental Funds:
General Fund:
The General Fund accounts for all financial trans-
actions of the County that are not properly accounted
for in other funds. Ordinary operations of the
County such as public safety, county administration
and other activities financed from taxes and general
revenues are reflected in this fund.
Special Revenue Funds:
Special Revenue Funds are established to account for
taxes or other earmarked revenues of the County which
finance specified activities as required by law or
administrative action.
Road and Bridge Fund:
The Road and Bridge Fund records all costs
related to Weld County road and bridge construc-
tion and maintenance. This fund is also utilized
for allocation of monies to cities and towns for
use in their road and street activities .
Social Services Fund:
The Social Services Fund accounts for the various
Federal and State public welfare programs adminis-
tered by the County.
(Continued on next page)
-27-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Basis of Presentation - Continued:
Federal Revenue Sharing Fund:
Federal Revenue Sharing entitlements and expen-
ditures are recorded in this fund in accordance
with the regulations of the Office of Revenue
Sharing.
Conservation Trust Fund:
The Conservation Trust Fund accounts for revenue
received from the State of Colorado to be used
for the acquisition, development and maintenance
of new conservation sites within Weld County.
Contingent Fund:
The Contingent Fund records the property tax
revenues levied by the Board of County Commis-
sioners to cover reasonably unforeseen expen-
ditures.
Public Health Fund:
The Weld County Public Health Department pro-
vides health services to County residents . The
fund reflects revenues and expenditures for
health care, health education, health monitoring
and other related activities.
Library Fund:
The Library Fund accounts for revenues and ex-
penditures associated with the operation of the
County library system.
Human Resources Fund:
The Human Resources Fund accounts for various
Federal and State human service grants. Primary
funding agencies are DOL, HEW, and CSA.
Solid Waste Fund:
This fund accounts for revenue received from a
surcharge on dumping fees at solid waste disposal
sites for the purpose of combating environmental
problems and for further improvement and develop-
ment of landfill sites within the County.
(Continued on next page)
-28-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Basis of Presentation - Continued:
Community Development Fund:
Community Development Block Grant awards and ex-
penditures are recorded in this fund in accordance
with the regulations of the Department of Housing
and Urban Development. Upon the completion of
the project in 1979, the fund was closed.
Subdivision Park Site Fund:
The Subdivision Park Site Fund accounts for park
fees paid by subdividers for the purpose of
dedicating, developing and/or reserving land for
parks and/or other necessary public purposes .
Capital Projects Funds:
Capital Projects Funds are established to account for
financial resources used for the acquisition or im-
provement of the capital facilities of the County.
Library Expansion Fund:
The Library Expansion Fund records construction
costs of new library facilities.
Public Works Fund - County Buildings:
This fund accounts for capital improvement pro-
jects on County buildings.
Proprietary Funds:
Enterprise Funds:
Enterprise funds are established to account for the
acquisition, operation and maintenance of govern-
mental facilities that provide services to the general
public or a user charge basis .
Weld County General Hospital Fund:
This fund accounts for all acquisition, opera-
tion and maintenance activities of the Weld
County General Hospital .
(Continued on next page)
-29-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Basis of Presentation - Continued:
Internal Service Funds :
Internal Service Funds are established to account for
goods and services provided to other departments of
the County on a cost-reimbursement basis.
Motor Vehicle Fund:
This fund accounts for the revenues and costs
generated by equipment and vehicles rented to
the Road and Bridge Fund and to various depart-
ments of other County funds .
Printing and Supply Fund:
This fund accounts for revenues and costs as-
sociated with providing printing services and
the supply and stores function of the County.
Computer Services Fund:
This fund accounts for all data processing
services provided to both Weld and Boulder
counties on a cost-reimbursement basis .
Insurance Fund:
This fund accounts for all insurance cost for
the County. The program is a combination of
insured risks and protected self-insurance
risks.
Fiduciary Funds:
Trust and Agency Funds:
Trust and Agency Funds are established to record
transactions relating to assets held by the County in
the capacity of trustee, custodian or agent for
individuals, governmental entities and non-public
organizations.
Trust Funds:
Weld County Retirement Fund:
The Weld County Retirement Fund accounts for the
defined benefit retirement pension plan which
covers substantially all permanent, full-time
employees of Weld County.
(Continued on next page)
-30-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Basis of Presentation - Continued:
Agency Funds:
Weld County Clerk and Recorder Fund:
This fund accounts for all receipts of the motor
vehicle and recording departments held for
subsequent distribution to the State of Colorado,
the individual funds of Weld County, and to
local tax agencies within the County.
Weld County Treasurer Fund:
This fund accounts for all monies collected by
the County of Weld for its various individual
funds as well as tax collections for local
agencies within the County.
General Fixed Assets Account Group:
Investments in property and equipment, except for those of
the Internal Service Funds and the Enterprise Funds , are
recorded in this account group.
Basis of Accounting:
The governmental funds and expendable fiduciary trust funds
utilize the modified accrual basis of accounting. Under this
method revenues are recognized in the year in which they become
both measurable and available. Expenditures are recorded when
liabilities are incurred.
Revenues susceptible to accrual , that is , measurable and avail-
able to finance the County's operations , or of a material
amount and not received at the normal time of receipt are as
follows in General and Special Revenue Funds:
State Highway users tax
Revenue Sharing entitlements
Property taxes , assessed in 1978 payable in 1979
Proprietary funds and fiduciary pension trust funds follow the
accrual basis of accounting whereby revenues are recognized in
the year in which they are earned and become measurable. Ex-
penses are recorded when liabilities are incurred.
(Continued on next page)
-31-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Basis of Accounting - Continued:
Fiduciary funds follow the cash receipts and disbursements
basis of accounting. Under this method, receipts and related
assets are recognized when received rather than when earned and
disbursements are recognized when paid rather than at the time
the obligation is incurred.
On January 1 , 1979 the County adopted the encumbrance method of
recording commitments related to unperformed contracts for
goods and services. Under this method, outstanding encum-
brances at year end are recorded as a reservation of fund
balance/retained earnings with an appropriation made in the
subsequent year to provide authority to complete the trans-
action.
Budget:
An annual budget and appropriation ordinance is adopted by the
Board of County Commissioners in accordance with the Colorado
State Budget Act and Weld County Home Rule Charter. The budget
is prepared on the generally accepted accounting principles basis
for all funds. The accounting system provides the basis for
appropriate budgetary control . Budgetary comparisons are
included in the appropriate financial statements and schedules
for all funds except the Enterprise Funds and fiduciary pension
trust funds. The Board of County Commissioners , by a two-
thirds vote, can amend the budget by a supplemental appro-
priation ordinance. During 1979, five supplemental appropriation
ordinances were enacted. Annual appropriations lapse at year
end.
Property Taxes:
The 1979 property taxes levied January 1 , 1979 are due and
payable in 1980 and, accordingly, the receivable and related
revenue have not been recorded at December 31 , 1979.
(Continued on next page)
-32-
COUNIY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Property Taxes - Continued:
The levies for the County Funds are as follows :
1979 1980
LEVY REVENUE
General Fund 9.680mills $ 6,556,123.45
Road and Bridge Fund 4.267 2,889,977.14
Social Services Fund 2.240 1 ,517,119.47
Contingent Fund -0- -0-
Public Works Fund -
County Buildings .075 50,796.41
Weld County General
Hospital Fund .985 667,126.20
17.247mills $ 11 ,681 ,142.67
The 1978 property taxes collected in 1979 represented 99.6% of
the tax levy.
Delinquent property taxes (primarily personal property taxes)
are recorded net of estimated (100%) allowance for uncollecti-
ble taxes as follows :
General Fund $ 28,122
Road and Bridge Fund 18,439
Social Services Fund 7,989
Contingent Fund 3,521
Library Expansion Fund 72
Public Works Fund - County Buildings 3,103
Weld County General Hospital Fund 4,849
$ 66,095
Accounts Receivable:
Accounts receivable are recorded net of the allowance for
doubtful accounts. The allowance is based on experience in
previous years and examination of substantial noncurrent ac-
counts.
(Continued on next page)
-33-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Interfund Transactions:
Interfund receivables and payables are not eliminated and are
reflected in the appropriate funds as follows:
Interfund transactions resulting from reimbursements ,
operating transfers , and charges for services rendered,
are recorded as due to or due from other county funds .
Residual equity transfers represent nonrecurring or nonroutine
transfers of equity between funds. All other interfund trans-
fers are recorded as operating transfers .
Inventories:
Inventories of governmental funds are stated at cost, deter-
mined by the first-in, first-out method. These funds utilize
the consumption method whereby expenditures are recorded at the
time the inventory items are used. Fund balance is reserved
for the unexpended inventory on hand at year end.
Inventories of proprietary funds are recorded at the lower of
cost (average) or market.
Sale of Property:
In accordance with the Colorado Revised Statutes , all proceeds
from the sale of county property must be deposited in the
General Fund account of the Weld County Treasurer. At the
discretion of the Board of County Commissioners , an operating
transfer may be made to the fund which originally purchased
the property.
Fixed Assets and Depreciation:
Fixed asset additions of Internal Service Funds are recorded at
acquisition cost. Depreciation on these assets is computed
using the straight-line method over the useful lives as follows:
Years
Land improvements 20
Buildings 30
Machinery and equipment 3-10
(Continued on next page)
-34-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Fixed Assets and Depreciation - Continued:
Internal Service Fund expenditures for maintenance and repairs
are charged to expense as incurred whereas major property' re-
placements and betterments which extend the life of the asset
are capitalized and subsequently depreciated. When assets are
sold or abandoned, the cost and accumulated depreciation are
removed from the accounts and any resulting gain or loss is
recognized.
Property and equipment in the General Fixed Assets Account
Group are stated at cost. Fixed assets contributed are re-
corded at fair market value at the time received. Purchases of
such assets , except for those purchases which relate to the
Internal Service funds , are recorded as expenditures in budge-
tary funds when the liabilities are incurred and capitalized in
the General Fixed Assets Account Group. Maintenance and re-
pairs are recorded as expenditures in various budgetary funds
when incurred, and are not capitalized. Depreciation is not
recorded on general fixed assets . Upon disposal of a fixed
asset, the General Fixed Assets Account Group is relieved of
the related cost.
Sick-Leave and Vacation Pay:
Sick-leave is earned when vested but recorded as an expenditure
upon payment. In the event of retirement or termination , an
employee is paid for 50% accumulated sick-leave hours up to the
equivalent of one month. At December 31 , 1979, the liability
for accumulated sick-leave approximated $318,000.
Unused vacation time is forfeited annually at December 31 .
Contributed Capital :
Contributions of fixed assets to the Internal Service Funds ,
are recorded at the acquisition cost of the contributing fund.
Depreciation is recognized as outlined in Fixed Assets and
Depreciation.
Designated Fund Balance:
Fund balance designated for subsequent years ' expenditures re-
presents fund balance commitments for appropriated expenditures
in excess of anticipated revenues for the year ending December
31 , 1980.
(Continued on next page)
-35-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Equipment Rental Rates:
Rentals are charged by the Motor Vehicle Fund for equipment
provided to other County funds. The rates are established to
cover fuel , repairs and maintenance and equipment replacement.
Beginning in fiscal year 1980, the rate structure will be
adjusted at year end to insure that costs equal revenues.
Grant Revenue:
Grant revenue is recognized to the extent of expenditures in-
curred. The portion of the total grant which has not been
spent is reflected as unexpended grant revenue and is repre-
sented by cash and receivables , less related liabilities.
Interest on Investments:
Interest earned on investments of cash held by the County
Treasurer is recorded as revenue in the General Fund, with the
exception of interest attributable to the Federal Revenue
Sharing Fund, the Capital Projects Funds, the Weld County
General Hospital Fund and the interest earnings on certain
deposits held for other taxing authorities. This income is
allocated to the respective funds and accounts.
General Purpose Financial Statements:
The General Purpose Financial Statements present a combined
overview of all generic fund types and account groups of the
County which are individually shown in the following part of
the Financial Section.
Weld County General Hospital Fund:
Contractual Allowances:
A significant portion of the Hospital 's services are
provided to Medicare and Medicaid patients, and to Blue
Cross subscribers. The Hospital is paid for these ser-
vices based on defined allowable costs of services (Medi-
care) , at prospective rates (Medicaid) , or at charges less
5% (Blue Cross) rather than on the basis of its standard
charges for each service performed. The excess of billings
at standard charges over the actual reimbursements results
in "contractual allowances" which are recorded as deduc-
tions from patient service revenues.
(Continued on next page)
-36-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Weld County General Hospital Fund - Continued:
Revenues and contractual allowances for Medicare, Medicaid
and Blue Cross were as follows in 1979:
Contractual
Gross Revenues Allowances
Percent of Percent of
Total Reimburse- Related Gross
Revenues Amount ment _ Amount _ Revenues
Medicare 36.8% $ 7,081 ,370 $ 6,091 ,947 $ 989,423 14.0%
Medicaid 4.6 881 ,631 778,241 103,390 11 .7
Blue Cross 12.3 2,373,525 2,260,097 113,428 4.8
53.7% $10,336,526 $ 9,130,285 1 ,206,241 11 .7%
Other 6,099
$ 1 ,212,340
Accounts Receivable:
The Hospital provides an allowance for uncollectible patient
receivables based on a review of specific accounts and on
historical collection data.
During January 1980, Choice Care, a health maintenance organi-
zation which owed the Hospital $225,000 at December 31 , 1979,
for services provided to its subscribers , declared bankruptcy.
Hospital management estimates that approximately $90,000 of
this amount will be collectible, based on financial statement
data on Choice Care obtained from the receiver in bankruptcy,
and, as a result, provided a reserve of $135,000 against the
Choice Care receivable at December 31 , 1979.
(Continued on next page)
-37-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 1 - Summary of Significant Accounting Policies - Continued:
Weld County General Hospital Fund - Continued:
Contributions and Grants:
Unrestricted contributions and grants are included in non-
operating revenue when received or pledged. Donor restricted
contributions are recorded in the restricted fund when pledged
or received. When expenditures are made for the purpose in-
tended by the donor, they are transferred to operations or, if
for land, buildings and equipment additions , to unrestricted
fund balance. Income earned on restricted contributions ,
unless also restricted by the donor, is recorded as nonoperating
revenue. Contributions of equipment are credited directly to
unrestricted fund balance.
Capital Fund Tax Levy:
Weld County provides funds to the Hospital from property taxes
obtained through a mill levy on assessed property valuations.
These funds are restricted for capital improvements and addi-
tions to the Hospital . The capital improvements and additions
must be approved by the Board of Commissioners of Weld County.
Investment income on these funds is also similarly restricted.
Land, Buildings and Equipment:
Land, buildings and equipment are stated at cost. Improvements
and replacements are capitalized and repairs and maintenance
are expensed. The cost and accumulated depreciation of property
sold or retired are removed from the accounts and the resulting
gain or loss is reflected in nonoperating revenues (expense).
Depreciation:
The provision for depreciation is calculated using the straight-
line method, which allocates the cost of tangible property
equally over its estimated useful life. Estimated useful lives
used are generally those recommended by the American Hospital
Association.
Income Taxes:
The Hospital has been determined to be exempt from Federal
income taxes in accordance with the Internal Revenue Code.
Organization:
The Weld County General Hospital is organized pursuant to the
provisions of Chapter 66, C.R.S. 1963 as amended, Article 7.
Operational responsibilities have been delegated to the ap-
pointed Weld County General Hospital Board of Trustees by the
Weld County Board of County Commissioners , in accordance with
Section 4-36 of the Weld County Home Rule Charter.
-38-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 2 - Deficit Fund Balance/Retained Earnings :
Public Health Fund:
During 1979 the fund balance deficit existing at January 1 , 1979 of
$47,084 was reduced to a deficit of $35,326 at December 31 , 1979.
The County plans to eliminate the deficit in 1980 through excess
revenues over expenditures.
Printing and Supply Fund:
The first year operations of the Printing and Supply Fund resulted
in a net loss of $18,324. Through rate increases to user departments ,
the County plans to cover future costs and to recover the first year
loss.
Note 3 - Residual Equity Transfers:
The Printing and Supply Fund was established on January 1 , 1979.
Inventory of $38,565 was transferred from the General Fund and fixed
assets totaling $10,164 were transferred from General Fixed Assets
(originally purchased prior to 1979 by the General Fund) as the
initial contributions. Subsequently, the General Fund transferred
cash of $50,000 and fixed assets totaling $21 ,786, purchased in
1979, as additional contributed capital .
On January 1 , 1979, the Library Fund was established to record all
transactions of the Weld County Library. The fund was established
by transferring the January 1 , 1979 fund balance, $21 ,853, of the
Library Special Fund.
Note 4 - Budgets:
An annual expenditure budget is adopted for all governmental , pro-
prietary and expendable trust funds of the County. Revisions made
to the original budget for each fund are as follows :
(Continued on next page)
-39-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 4 - Budgets - Continued:
Original Total Revised
Budget Revisions Budget
General Fund $ 9,177,890 $ 731 ,463 $ 9,909,353
Road and Bridge Fund 5,773,810 684,275 6,458,085
Social Services Fund 8,336,910 - 8,336,910
Federal Revenue Sharing
Fund 2,181 ,901 - 2,181 ,901
Conservation Trust Fund 22,438 2,000 24,438
Contingent Fund 1 ,021 ,051 - 1 ,021 ,051
Public Health Fund 1 ,907,931 165,200 2,073,131
Library Fund 285,595 1 ,137 286,732
Human Resources Fund 3,282,951 5,589,212 8,872,163
Solid Waste Fund - - -
Community Development Fund - 3,906 3,906
Subdivision Park Site Fund 28,430 - 28,430
Library Expansion Fund 490,000 169,456 659,456
Public Works Fund -
County Buildings 617,180 - 617,180
Weld County General
Hospital Fund 19,402,478 3,188,372 22,590,850
Motor Vehicle Fund 2,104,062 1 ,409,425 3,513,487
Printing and Supply Fund 126,473 3,028 129,501
Computer Services Fund 759,154 170,956 930,110
Insurance Fund 478,674 - 478,674
TOTAL $55,996,928 $ 12,118,430 $ 68,115,358
Note 5 - Operating Leases:
On May 30, 1973, the County entered into a lease agreement for a
building used by the Department of Social Services. The term of the
lease is for ten years, commencing April 1 , 1974 and expiring March
31 , 1984. The County has the option to extend the lease for two
additional five year periods. Lease expenditures for the year ended
December 31 , 1979, including contingent rentals of $5,775, were
$88,551 .
(Continued on next page)
-40-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 5 - Operating Leases - Continued:
Minimum commitments at December 31 , 1979 under the lease agreement
are $365,594, payable as follows :
Year Amount
1980 $ 82,776
1981 82,776
1982 82,776
1983 82,776
1984 34,490
The County has the option to purchase the building at the termina-
tion of the initial ten year term of the lease. The option purchase
price is the greater of $707,300, or the appraised fair market value
at that time.
The County's Division of Human Resources leases several buildings to
operate various programs. The leases are for one to five year terms
and will expire in 1980. Lease expense for the year ended December
31 , 1979 was $33,275. Commitments at December 31 , 1979 under the
lease agreements are $34,930.
The County's General Fund leases buildings in which the Residential
Child Care Facility and the Southern Weld County Sub-Station are
operated. The leases are for one year terms and will expire in
1980. Lease expense for the year ended December 31 , 1979 was $11 ,200.
Commitments at December 31 , 1979 under the lease agreements are
$7,650.
The County's lease on the residential child care facility lease
includes an option to purchase the property at any time during the
term of the lease for $90,000.
The County, jointly with Boulder County, leases various peripheral
equipment from IBM. These leases are for one year at a time and may
be terminated at the end of that year.
-41-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 6 - Changes in Significant Accounting Policies :
The County changed its method of accounting for encumbrances during
1979 in order to conform to Statement 1 of the National Council on
Governmental Accounting "Governmental Accounting and Financial
Reporting Principles" (GAAFR Restatement). (See Note 1 - Basis of
Accounting. ) Prior to 1979 the County did not record encumbrances
either as a reservation of fund balance or as an expenditure. The
change had no effect on the beginning fund balances/retained earnings
of the various funds.
Note 7 - Legal Actions and Asserted Claims:
The County is currently the defendant in several lawsuits . Legal
counsel is of the opinion that insurance carried by the County is
sufficient to cover any potential adverse settlements.
In addition, there are several claims asserted against the County.
Based upon the opinion of legal counsel , these claims would be
covered by insurance and/or there does not appear to be a threat of
significant liability to the County.
SPECIAL REVENUE FUNDS
Note 8 - Cash - Restricted:
Human Resources Fund:
The Restricted cash of $11 ,263 represents the unexpended balance of
terminated Department of Health, Education and Welfare grants at
December 31 , 1979. Upon authorization from HEW, these funds may be
reprogrammed in a future grant.
Social Services Fund:
Social Services acts as custodian for cash deposited to individual
trust accounts opened for the benefit of children in the foster care
program.
Note 9 - Fund Reporting Changes and Principles:
Old Age Pension Fund - A separate budget has been approved for this
program. This fund has been combined for 1979 financial statement
reporting with the Social Services Fund as it was in 1978.
Effective August 1 , 1979, the Solid Waste Fund was established to
account for revenue received from a 5% surcharge on dumping fees at
any solid waste disposal site within Weld County. These revenues
are earmarked to finance expenditures for the purpose of combating
environmental problems and for further improvement and development
of landfill sites.
-42-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
CAPITAL PROJECTS FUNDS
Note 10 - Total Capital Projects Financial Resources and Expenditures :
The capital outlay transactions of the Library Expansion Fund are
planned and evaluated on a project basis which normally exceeds one
year. Total financial resources and expenditures of these projects
from date of inception are detailed below:
Library
Expansion
Fund
Date of inception 1975
Date of completion 1980
Financial Resources:
Taxes $ 123,450
Earnings on investments 12,048
Operating transfers from:
Federal Revenue Sharing Fund 591 ,880
Public Works Fund -
County Buildings 207,252
Total Financial Resources 934,630
Expenditures 931 ,944
Fund Balance, December 31 , 1979 $ 2,686
ENTERPRISE FUNDS
Note 11 - Weld County General Hospital Fund:
Fund Reporting Changes:
The Weld County General Hospital Fund, which include the current
operations, funded depreciation, and restricted capital fund
transactions of the Weld County General Hospital , is presented this
year in the comprehensive annual financial report. Prior to 1979,
only those activities related to the capital fund portion were re-
ported in the Weld County General Hospital Capital Fund, a capital
projects fund.
(Continued on next page)
-43-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
ENTERPRISE FUNDS - Continued:
Note 11 - Weld County General Hospital Fund - Continued:
Employee Retirement and Health Plans:
In June, 1965, the Hospital adopted a noncontributory retirement
plan covering all regular full-time employees with three or more
years of service. After ten years of service, accrued benefits
become vested to the employee.
As of January 1 , 1979, the date of the latest report on the ac-
tuarial valuation of the plan, the value of the trust fund assets
exceeded the actuarially-computed value of accrued vested benefits
by $54,000.
The provision for pension costs, which the Hospital paid to the
pension trust, was $286,784 in 1979 which included providing for
amortization of unfunded prior service costs over a 30-year period.
In October 1977, the Hospital adopted a self-funded employees health
and welfare benefit plan. The plan provides Hospital employees with
hospital and medical benefits similar to those previously provided
under contract with a commercial insurance carrier. The trust set
up for the plan is administered by an independent party. The pro-
vision for health benefit costs, which the Hospital paid to the
trust, was $119,946 in 1979.
Lease Participation Certificates :
In November, 1979, the Hospital borrowed $697,000 (through the
Colorado Health Facilities Authority) by issuing 8.5% tax-exempt
lease participation certificates to a bank. The proceeds from the
issuance of these certificates , after deducting issuance costs of
$25,740, are to be used in 1980 to pay for a full-body CAT scanner
ordered in 1979. The amount maturing in each of the next six years
is $66,950, $122,755, $133,606, $145,415, $158,269 and $70,005 for
1980-1985, respectively.
(Continued on next page)
-44-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 11 - Weld County General Hospital Fund - Continued:
Commitments:
The Hospital has entered into lease agreements on certain equipment
and facilities. These leases call for minimum annual rentals of
$98,376, $91 ,401 , $58,961 and $1 ,556 in 1980 through 1983, respec-
tively. Lease expense was $132,000 in 1979.
Contingencies:
Professional liability claims in excess of insurance coverage have
been asserted against the Hospital by various claimants . The claims
are in various stages of processing and some may ultimately be
brought to trial . Counsel is unable to conclude as to the ultimate
outcome of these actions. The Hospital ' s management, based on
advice from legal counsel , believes its professional liability is
limited under the doctrine of sovereign immunity for government
entities. The governmental immunity act limits amounts that may be
recovered from a public entity to the amount of insurance coverage
maintained by that entity if this coverage is in excess of amounts
provided in the law. The act also provides that a public entity
shall not be liable for punitive or exemplary damages.
Weld County General Hospital Foundation:
In December 1975, Weld County General Hospital Foundation, Inc.
("Foundation") , a Colorado nonprofit corporation, was formed to
receive gifts and donations to be used for the further improvement
and development of the Hospital . All cash contributions received
directly by the Hospital are transferred to the Foundation to be
invested until such time as the funds are requested by the Hospital
for expenditure. At December 31 , 1979, the Foundation was holding
$150,000 of such funds, which were included in its net assets
(unaudited) of approximately $500,000.
Additional Medicaid Reimbursement:
The State of Colorado Medicaid program has , in the past several
years, failed to adequately reimburse most hospitals for their
defined allowable costs of providing services to Medicaid patients.
In February 1976, nine hospitals (not including Weld County General
Hospital ) filed suit against the state seeking adequate reimburse-
ment. In November 1977, a settlement was reached whereby the state
agreed to negotiate with hospitals in the state to reimburse them
for certain additional amounts for services provided to Medicaid
patients during 1976 and 1977.
(Continued on next page)
-45-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 11 - Weld County General Hospital Fund - Continued:
Additional Medicaid Reimbursement - Continued:
After negotiating for several years , the Hospital and the state, in
1980, agreed on the rates at which the Hospital is to be reimbursed
for 1976 - 1979. Based on this settlement, the Hospital recorded a
receivable for additional reimbursement for 1976 ($135,000) , for
1977 ($175,000) and for 1978 ($230,000) by reducing the 1978 con-
tractual allowance by $540,000, and recorded a receivable of $300,000
for 1979.
INTERNAL SERVICE FUNDS
Note 12 - Long-Term Debt - Computer Services Fund:
Effective November 1 , 1979, Weld County exercised purchase options
allowed in the annual lease agreements of the central processing
unit and for direct access storage units. The purchase agreements ,
which require 60 monthly payments of $4,219 including interest at
8%, are secured by the computer equipment. The principle balance
remaining at December 31 , 1979 is $200,946.
Note 13 - Adjustments of Prior Periods :
Motor Vehicle Fund - During 1979 a physical inventory of fixed
assets was completed and reconciled to the depreciation schedules
and general ledger. Retained earnings at January 1 , 1979 has been
decreased $95,463 to reflect adjustments of prior years earnings
caused primarily by not deleting the undepreciated cost of assets
sold or abandoned.
Note 14 - Fund Reporting Changes:
Internal service funds were established on January 1 , 1979 for Printing
and Supply, Computer Services and Insurance. These activities were
segregated from the General Fund, where they were reported in 1978,
as they record goods and services provided to other departments of
the County on a cost-reimbursement basis.
Note 15 - Subsequent Events:
Effective January 15, 1980, the County converted to a protected
self-insurance program with a $225,000 loss fund through the Insurance
Fund (an internal service fund) . Umbrella coverage exists for
excess losses, over $100,000 for any single loss and/or aggregate
losses over $225,000, in any one year.
-46-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
TRUST AND AGENCY FUNDS
Note 16 - Weld County Retirement Plan:
The Weld County Retirement Plan is a defined benefit pension plan
covering substantially all permanent full-time employees of Weld
County. Established in 1969, the Plan provides for pension, death
and disability benefits. The total pension expense for the year
ended December 31 , 1979 was $426,861 . Based upon the actuarial
valuation report at December 31 , 1979, there is no liability for
unfunded past service cost.
As a condition of employment, employees are required to become
members of the Plan. Employees are required to contribute 4% of
monthly compensation plus 2% of monthly compensation in excess of
$400. The County will match employee contributions and will make
such other contributions as may be necessary to finance prior ser-
vice benefits provided by the Plan.
The County reserves the right to discontinue, at its sole discre-
tion, all County contributions to the Plan. Such discontinuance
shall be deemed to be a complete termination of the Plan. The
County also reserves the right to alter, amend, or terminate the
Plan, or any part thereof, in such manner as it may determine,
provided that no retirement benefit payable to any employee shall be
less than that provided by his accumulated contributions. In addi-
tion, no part of the Fund is recoverable by the County until the
Plan has satisfied all liabilities with respect to current and
former employees.
Accumulated benefits of the Retirement Plan are those annual pension
benefits that individual participants have accumulated under the
Plan' s benefit accrual provision based on their current salary and
service to date. The current value of those accumulated benefits at
December 31 , 1979, detailed below is the aggregate of participants'
accumulated benefits adjusted to reflect the life expectancy of
participants and discounted for the time value of money (that is,
interest).
(Continued on next page)
-47-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS - Continued
Year Ended December 31 , 1979
Note 16 - Weld County Retirement Plan:
Actuarial Present Value of Accumulated Plan Benefits :
Vested Benefits:
Active members $ 2,836,159
Retired members and beneficiaries 1 ,103,482
Terminated vested members 64,560
4,004,201
Nonvested Benefits 197,742
Total Actuarial Present Value of
Accumulated Plan Benefits $ 4,201 ,943
The net assets available for benefits , adjusted for unrealized
appreciation of investments (fair market value at December 31 ,
1979) is as follows:
Fund balance reserved for
employee benefits $ 4,679,779
Unrealized appreciation
of investments 604,356
Net assets available for benefits $ 5,284,135
Note 17 - Accounting Changes:
The Weld County Retirement Fund was established by the County solely
to account for the transactions of the Weld County Retirement Plan.
In 1979, the County changed its method of investment valuation for
the Weld County Retirement Fund for purposes of the comprehensive
annual financial report. Prior to 1979, investments were reported
at fair market values. A change was made to reflect these items at
their original cost in order to conform to reporting concepts ex-
plained in Statement 1 of the National Council on Governmental
Accounting "Governmental Accounting and Financial Reporting Principles"
(GAAFR Restatement) . Fund balance at January 1 , 1979 has been de-
creased by $329,099, representing the unrealized appreciation of
investments originally included as a component of fund balance.
Separate financial statements are prepared for the Weld County
Retirement Plan in accordance with generally accepted accounting
principles in effect for defined benefit pension plans.
-48-
COUNTY OF WELD
STATE OF COLORADO
NOTES TO FINANCIAL STATEMENTS Continued
Year Ended December 31 , 1979
GENERAL FIXED ASSETS
Note 18 - Adjustments of Prior Periods :
Prior to 1979, the County did not have an adequate system of ac-
counting to insure that all fixed assets of the General Fixed Asset
Account Group were properly recorded. During 1979, a physical
inventory of fixed assets was completed and appropriate adjustments
were made.
Fixed assets at January 1 , 1979 have been adjusted to reflect a
decrease in general fixed assets in the amount of $1 ,310,782. The
adjustment was caused primarily by deleting 1 ) assets sold or
abandoned and 2) assets with a unit cost of less than $100.
-49-
COMBINING STATEMENTS,
INDIVIDUAL FUND AND
ACCOUNT GROUP
STATEMENTS,
AND SCHEDULES
GENERAL FUND
The General Fund accounts for all financial transactions of the County that are
not properly accounted for in other funds. Ordinary operations of the County
such as public safety, county administration and other activities financed from
taxes and general revenues are reflected in this fund.
-51-
COUNTY OF WELD EXHIBIT B-1
STATE OF COLORADO
GENERAL FUND
BALANCE SHEET
December 31 , 1979
ASSETS
Cash with treasurer $ 701 ,830
Cash - other 8,775
Cash - restricted 4,764
Accounts receivable - ambulance service,
less allowance of $49,432 78,473
Accounts receivable - other 9,200
Delinquent taxes receivable, net (Note 1 ) -
Due from other governmental units 434,810
Due from other county funds 935,014
Due from other organizations 33,484
Other assets 43,644
TOTAL ASSETS $ 2,249,994
LIABILITIES AND FUND BALANCE
LIABILITIES:
Accounts payable $ 877,673
Accrued payroll taxes payable 98,468
Due to other governmental units 40
Due to other county funds 136,225
Unexpended grant revenue 289 ,134
Other liabilities 1 ,750
Total Liabilities 1 ,403,290
FUND BALANCE:
Reserved for encumbrances 18,031
Reserved for accounts receivable - ambulance 78,473
Unreserved:
Designated for subsequent years' expenditures 153,898
Undesignated 596,302
Total Fund Balance 846,704
TOTAL LIABILITIES AND FUND BALANCE $ 2,249,994
The Notes to Financial Statements are an integral part of this exhibit.
-52-
COUNTY OF WELD EXHIBIT B-2
STATE OF COLORADO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Year Ended December 31 , 1979
REVENUES: (Schedule 1 )
Taxes $ 5,188,225
Licenses and permits 196,545
Intergovernmental revenue 436,215
Charges for services 1 ,139,729
Miscellaneous revenue 1 ,542,123
Total Revenues 8,502,837
EXPENDITURES: (Schedule 2)
General government 3,787,537
Judicial 365,882
Public safety 2,808,358
Health and hospitals 533,314
Auxiliary services 627,050
Capital outlay 83,708
Intergovernmental expenditures 116,641
Miscellaneous 555,882
Total Expenditures 8,878,372
EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (375,535)
OTHER FINANCING SOURCES (USES) :
Operating transfers in (Schedule 3) 1 ,427,489
Operating transfers out (Schedule 3) (788,151 )
Total Other Financing Sources 639,338
EXCESS OF REVENUES AND OTHER SOURCES OVER
EXPENDITURES AND OTHER USES 263,803
FUND BALANCE, January 1 , 1979 693,252
RESIDUAL EQUITY TRANSFERS (Note 3) (110,351 )
FUND BALANCE, December 31 , 1979 $ 846,704
The Notes to Financial Statements are an integral part of this exhibit.
-53-
COUNTY OF WELD Schedule 1
STATE OF COLORADO Page 1
GENERAL FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
TAXES:
General property taxes $ 4,794,378 $ 4,796,231 $ (1 ,853
Specific ownership taxes 383,361 323,550 59,811
Penalties and interest on
delinquent taxes 10,486 7,000 3,486
Total Taxes 5,188,225 5,126,781 61 ,444
LICENSES AND PERMITS:
Business licenses - liquor 4,725 4,000 725
Security licenses 1 ,380 1 ,000 380
Building permits 116,508 126,700 (10,192
Electrical permits 39,816 38,600 1 ,216
Planning commission permits _ 34,116 22,000 12,116
Total Licenses and Permits 196,545 192,300 4,245
INTERGOVERNMENTAL REVENUE:
Payments in lieu of taxes 68,947 100,000 (31 ,053
A-87 cost allocation 25,864 35,000 (9,136
Federal grants - applied 206,598 148,544 58,054
State shared salaries 23,850 23,750 100
Funds from State collection 59,362 65,000 (5,638
State grants or buy-ins - applied 19,573 16,493 3,080
Local sources - other 5,422 2,857 2,565
Communications maintenance -
cities and towns 3,540 3,420 120
Building inspections - cities
and towns 23,059 18,800 4,259
Total Intergovernmental Revenue 436,215 413,864 22,351
CHARGES FOR SERVICES:
Ambulance service 268,956 247,632 21 ,324
Parking charges 7,836 7,500 336
Fees 862,937 893,420 (30,483:
Total Charges for Services 1 ,139,729 1 ,148,552 (8,823:
(Continued on next page)
-54-
COUNTY OF WELD Schedule 1
STATE OF COLORADO Page 2
GENERAL FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
•
Variance
Favorable
Actual Estimate (Unfavorable_
MISCELLANEOUS REVENUE:
Judgments and damages $ 1 ,050 $ - $ 1 ,050
Earnings on investments 865,203 850,000 15,203
Rents 8,465 14,200 (5,735;
Royalties 151 ,325 149,712 1 ,613
Sale of property assets 258,783 232,877 25,906
Overpayments and duplicates 400 - 400
Work release 6,248 10,000 (3,752;
Worker' s compensation 3,772 - 3,772
Advertising 5,664 5,000 664
Donations 2,853 - 2,853
Special events 9,158 - 9,158
Reimbursement of expenditures 145,969 156,700 (10,731 ;
Miscellaneous 83,233 - _ 83,233
Total Miscellaneous Revenue 1 ,542,123 1 ,418,489 123,634
TOTAL REVENUES $ 8,502,837 $ 8,299,986 $ 202,851
The Notes to Financial Statements are an integral part of this schedule.
-55-
COUNTY OF WELD Schedule 2
STATE OF COLORADO Page 1
GENERAL FUND
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget jJnfavorable)
GENERAL GOVERNMENT:
Commissioners - office of the board $ 220,249 $ 224,083 $ 3,834
County Attorney 180,562 182,125 1 ,563
Public Trustee 503 602 99
Planning House Bill #1041 19,149 23,831 4,682
Accounting 168,294 172,317 4,023
Clerk and Recorder 748,785 784,106 35,321
Elections 105,141 105,942 801
County Treasurer 257,843 266,758 8,915
County Assessor 496,287 525,794 29 ,507
County Council 3,252 4,482 1 ,230
Personnel 129,497 129,366 (131 )
Buildings and grounds 730,274 741 ,204 10,930
County wide communications 210,329 210,374 45
Communications 265,500 265,588 88
Purchasing 50,908 51 ,896 988
Total General Government 3,787,537 3,905,581 118,044
JUDICIAL:
District Attorney 365,882 372,916 7,034
Total Judicial 365,882 372,916 7,034
PUBLIC SAFETY:
Civil Defense 1 ,465 1 ,690 225
Jail 1 ,066,524 1 ,068,447 1 ,923
County Sheriff - Special 1 ,856 2,211 355
County Sheriff 521 ,881 522,752 871
Ft. Lupton Substation 1 ,015,467 1 ,015,636 169
Blood alcohol 9,894 10,563 669
County Coroner 29,439 34,631 5,192
Building inspection 161 ,832 164,621 2,789
Total Public Safety 2,808,358 2,820,551 12,193
(Continued on next page)
-56-
COUNTY OF WELD Schedule 2
STATE OF COLORADO Page 2
GENERAL FUND
Schedule of Expenditures Compared with Budget - Continued
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)_
HEALTH AND HOSPITALS:
Weld Mental Health - county
contribution $ 48,000 $ 63,000 $ 15,000
Ambulance service 332,446 338,513 6,067
Pierce ambulance service 3,862 6,032 2,170
Predatory animal control 15,542 15,542 -
County wide animal control 36,000 36,000 -
Pest and weed control 92,945 96,626 3,681
Sanitation - land fills 4,519 14,519 10,000
Total Health and Hospitals 533,314 570,232 36,918
AUXILIARY SERVICES:
Extension service 117,635 116,784 (851 )
County fair 45,747 44,514 ( 1 ,233)
Exhibition building 53,242 54,194 952
Northern Colorado Research Center 3,000 6,000 3,000
West Greeley soil conservation 11 ,119 11 ,141 22
Veteran' s office 29,152 29,567 415
Missile park 7,155 8,745 1 ,590
Urban renewal 13,827 13,828 1
Residential child care facility 82,698 85 ,800 3,102
Consumer affairs 41 ,007 41 ,956 949
Juvenile investigation 64,423 68,677 4,254
Welfare fraud investigation 17,259 17,632 373
Youth shelter home 75,107 75,269 162
Intake classification 64,816 67,138 2,322
Energy crisis assistance 863 865 2
Total Auxiliary Services 627,050 642,110 15,060
CAPITAL OUTLAY:
Equipment _ 83,708 104,867 21 ,159
Total Capital Outlay 83,708 104,867 21 ,159
(Continued on next page)
-57-
COUNTY OF WELD Schedule 2
STATE OF COLORADO Page 3
GENERAL FUND
Schedule of Expenditures Compared with Budget - Continued
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
INTERGOVERNMENTAL EXPENDITURES:
Larimer-Weld COG $ 87,400 $ 87,400 $
Weld County Municipal Airport 29,241 30,009 768
Total Intergovernmental
Expenditures 116,641 117,409 768
MISCELLANEOUS:
Non-departmental 555,882 593,134 37,252
Total Miscellaneous 555,882 593,134 37,252
TOTAL EXPENDITURES . $ 8,878,372 $ 9,126,800 $ 248,428
The Notes to Financial Statements are an integral part of this schedule.
-58-
COUNTY OF WELD Schedule 3
STATE OF COLORADO
GENERAL FUND
Schedule of Operating Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
OPERATING TRANSFERS IN:
Federal Revenue Sharing Fund $ 1 ,407,989 $ 1 ,408,739 $ (750)
Contingent Fund 19,500 19,500 -
Solid Waste Fund - 12,519 (12,519)
TOTAL OPERATING TRANSFERS IN $ 1 ,427,489 $ 1 ,440,758 $ (13,269)
Schedule of Operating Transfers Out Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
OPERATING TRANSFERS OUT:
Library Fund $ 235,482 $ 235,482 $ -
Public Health Fund 506,071 506,071 -
Motor Vehicle Fund 7,498 10,000 2,502
Weld County Retirement Fund 39,100 31 ,000 (8,100)
TOTAL OPERATING TRANSFERS OUT $ 788,151 $ 782,553 $ (5,598)
The Notes to Financial Statements are an integral part of this schedule.
-59-
SPECIAL REVENUE
FUNDS
Special Revenue Funds are established to account for taxes or other earmarked
revenues of the County which finance specified activities as required by law
or administrative action.
-60-
a,y� w2 1 r... M e.;
1 E Ol nCo
6i 7 10 QM Ih Ot f. 1..•n t1
Ala "*A C al NN Nm On CO
mlDO L 0i N .-1 nti or 1.
=1d• E 1-t .. co 0
x:
WI • M VI
a
r a+ In
VI b 2 I 1 1 1 a 1 I I 2
-
C
T. ? 0‘ Of
9 L N lV
Ac. ~
4d
N,C
r
C 1 1 1 1 1 1 1
C
O
J
a'+
M
V G
a
VI N N
A2.
Cl 1 1 1 1 1 1 I a N
e 7
V CO CO
•^�:
w l.+I
(.2
V I'•l tIl ea)01 at
al 103 tD 2 I N 0 I to
a N N C0 0 OA en f
c u _
A L C .-. u, t(1 .-•1
.-I N CT.-• IA
J O T O
_ N h co
a
Ix Ir N •
en 0 00.0 1 1 a'10 I 0 f
L
A V T aJ• ap.r N o
L = Ih 0I' .. 0
la Q
a._
N n
—I
p M
C r N I 2 I o.1T I rh
I-- ll a_ rh w
LO W '^11 O ..Zr r'l V M 01
O w .-t RI
0 Z = 01 .0 y CO .-.I N t>
J
0,, V1 N 0.. '.t
La) U 2: M 41
0=
W J 1"l .
0 0
} CO a C '" r 1 a 1 I 4
1— n y 01 r 1 ^ I P' al
2 E C C - - 0
W 10 N a1 c
Car-
C.3 Z' a-r 1i a N 10
a C , v a
N co 0 u N w' U CO
V
C I
0
00
CO
RI Q M I 1 1 I I I I M
N
L J CO a)
v)L LL
c
C ,, in,
ca• I
c r-o
c
.•- a J I I t 1 I N 1A a
aD Nr+ rn
r g { •
UI
lal 61 a. L
ti
N p H
IN O O n N a t.ft 10 1 0 t'l
030700, Q CO ,-, 10
A U 9 (T1 .^Ow r` 10 In
.... ) 0 r1 N Q
O 1-1L co
In a
u.,
p M
04 1A 2 St on..1I
rya 11D I to CO M N CO
C e a 10 Q0I 1•-.N R,
A UV 2 -+ 0,.Ol N I.0 CO
V C 10 r7 0 O of 2
I an .-..--I v 0
AS L u-
0 m ^'I
CC
M M i
N
.•1 MI
CO C
a' a 7 t,-
O.,W 14- 0
a- c o
O 1/ >A L
L '-tip Y .N+G 7
F• L a C N C 70 N 212 N N 2.a N a I.-
an a .Qa G I S..—al
a.r•` I^
L L L U N OP.0'-r G -al I l v1
Co 0)....1 a N CN N F'1,.. at
.O N L.I.O O 41 O a a
c~a C C ( .- ' In J
oL� 0.- a4. 00 C
3 a I = CU..C Eta L 3.a a.. 0~co L .O
0LL 0•••• a 0 a 0 a -51-
VI an an I.I.— L aJ Cr,0) > V.C
U V I,. O c 0 a-. 0
C en eV On I"�OM Mt
U1y 0 MOM m 0 ui Or CO shI �1�CO W pl V OI MI
.•r W q q i ev 03 en
n N .D.--I rn a n O N O O a CO I
01 .N_.O Cr. 10
00 q L 0 N.--I N h n CO a h a I n l
S". E~
O 0
W I H
I H
C
o m
O .O 01 0
.;V"1 C; 1 1 I I 1 1 I I I Q I r 1 IV ^N-1 a �� CD
b I
J
O LW I . IZM T1 01
ca q ^I N N
/.a H
H
a+
Tr C
a+ 61
• Er'
a I I I 1 1 1 1 1 I I I I 1 11 1 l
C O
J 0 y
L.L.> w H,
0
a
V
N N N N
7 a 1 1 1 I I I I I I I I I I CQJ N N N
C O a a a
J
vU-
.- u1 M ao CO
H H
0 ,
\O M lA co
1.1 a N VI 1 I N .--I I I 1 1 1 1LA ILA n
C aLI • • . .
N.co M u] .--I 10 10 A
a L 0 ID Y'1 LA I0 N U M ^
E7 8 J N 02 N O a 01 Y1 uUY In
svU n O O .+
a m a
cc
n n
H H -C
x
C1
>1 oil m 1 1 03 N I I CO I 0 M OI I(f .-
a C a l V N m T 0. CO 0 .
a� re; coN m ...I N 1A O a+
.N M W
J O
H H a+
s.
q
a M ^ " 0.
C a I 1 I 1 I M O a ...I I I 0 I a Al w
I- ID 10-• a N. m CO M -. a VI I 0 La)W CO .- CO .-, W
O Z' ^. �L N a A. .-y .M.. M
�IC1 O N J�"I N N N M
41 rn d;a
W'in W Q1
M-Vl= x • S! H • 4.1
C
IL `L.I J M q
O Is Q
Iy .10/
Y C L
CO00 L
h.01 1O •O P q
I- Ile LI .0 I I I I I I I I I I I I I a 01
M a VI V Na 01 CI N
UYU CD Z 6V7 4,..Le_ bN CO CO
C.3
VI 0
U)
C O I
QO CO 00 q
N V a I • 1 I I I I I I I 8 I I 1 I C.
> N C LA W M M C
NJ
L 2 I a M CO CO a
L.
8 I H I H U.
U O
4.1
a
C M M M a Is. en
4)
`` I 1 I I 1 I M . M 1 I 1 I 1A n.e J U. u] 10 A V1 M 0
L C y
QI W C 1D 1O a a 01 In
a > I. .4,1 M. .—.I^ a I ar
1LGI
C0 i Ni
q
t
!A M H
N I O I I N. in 1'0 N N M
I O I I I 1 O
0! N 0 M 1A N n n a 10
C 1A u•1 01 n M N 10 M
O L L.
M .--1 N~ m O\M .N-. C
1A 01
N
H
H
OJ 01 0 n 1A M
C q1 I I •I I Al CU I Q^1 ^ I I
1 O CO
aCO
n 10 a
q 01 C� M a1D . ca‘,., v <
0'. J I M Lc 1!'1 a ..O
le L 1L I a 440 .--I a V1 O
0 CO
Ot
H H
W
U _ N C
6.1
Q CI a O a Ci N 0 a yt
Q .0 C a C U .- .- 0•N 0U
N C•C.�+ C1 d C1 .W-.x
02 I q
C1 L. q x 10 W a a+ ^L 0 a a+ .0 J Ca 1-Q-1
2 a 0.a L a+ L a+ .. E C.0 L J 1A� r-- r d
a L aI N W C L. §CIa. O 0 a Jm
Ii a Y to, W T J aI -• '- U > C U L C CO CO 0
vi y
c b n,-^ a o ac 02 c C O I. w .4-.;
_ q O•^ V a Iv. n a J
a
4 L .. L 0 L
V1 ••a•4.1 AS w O.- > - 4) J 0 0 0 O— ..a C al l a+ a
J 0
O l.. L a W C u-4-w.0 0 a+- C W q0
W IA.C q UI O.61 a N a+ a V •e C1 Al N D• F-a
.•-e I.. .- 0 02 Al L a 0 a 0 > > C i'- q
a as 0 a.0-- N C ., 4 a a a W..- L D1•e a 4.1 I-
1- 3 L C W a ro O N O 1 O 1 > > > T 21 H.- 41 01 0
•a N > O C. I. .0 111 H C n m CI N v N Cl N CaC1 C I-
.. -62-
m -. O U V a 0..0 a . a a N N vi IA L L Ca
r4. 02 .0 U U U J 3 C n N W m 0.• c
.R_.IJ •C• Lt O CI t]'.l T.IX IY 00 ex
Cy F.,/V ti a Co in O,•-iW trf ; Vi AZ .�..•. ap
1 S W..-0 O <N V CO V'1 VJ NI CO P 21 A CO
L.)- v
C 7. OLIO CO N IN CO P 111 2 N COI W r`1O 10 h
ro 2 C N CO V1 co VI .••I r'1! C i0 R CO
I.N L Y 10 CO 1\ N' ��pp
oo O ' .-1 P N O 41, I n P Y'1 v CO b E~ L0-,-;..1 O '0_W CO • ti 'I
S 0. N� ..I� N v
W) VI r 1 I
C
0 0 .ti
M N V1 r1 NI
AO
N.O^ 1 1 r 1 I 1 I 1 41 2 I 1 1
OI 11
JC la.M E •
CO CO .2-1 41 2•
.. Or
G ro .CI
S V M
VI N
Y i0
»1G ..n
J N V in
y ) 40.S I I i CA 1 1 I C I I O I I 1 I I
C
G CA ^ QI
ILL 7 M •
CO CO CO
y1.y C 44 .
C)O N
O V)
6 .-I
VI aj I4 I I NI
I NI
1 1 1 I I I II NCV
N
k• N 1 I I
V
DLL
m CD I aGE:
o t M
N in
CO y{�,, .1 V1 17 ID N N
G 4 y.r I 0P I W 1 I I O a) I I CO ^ I I 1 ^
La 'E° L.7 C9CI IN. ..n N O p CO..� CO
7 N W vC 0 N {n CIO OD 00
C 41 NP] N N N /V
IA
CO
0 4)^ ^
W T O N 1 °I.;
I W Vf lA V1 O 1n N N N.
L ^1 v N a I I I Ip I Q .-I CO 1 CO tp
O V/ in v R 0%
..- ,C i c egli V) r CO 111 CG .-1 4 1 in 1-i
an d k L ro N In 1n N N. N 1 l CO .-1
V1 V.' N N U N N
O J V1 M
i v..I
1, P D O W O N in ^
! ..Pr U= 41 0 1 I N I 1 I 1 lNA .M.1 f\ I n {{� Q1
WN Ps V ^ p
N 4 7 r.+ 10..1 CO M VI .n p Iy1Ip - 0.
2 N ,y D C�1 G ^O~ O P OW1 CO P OI Y
O W ..-t ro • . . •...
Jw 4 at 0. ro -. .-I — ...1 41
W 1=- d I P .4 C
O LL W 2 OO
Y W U 41 CO W
W d y Q
1r- W a OpCII 4I M r 1 I C) IIII I I I CI 10 O CO 0
O 9 C C O » 111 Cr. OVI+' 10 C
PAI _.
V yN1 C v k 4) V) An i11 P P 110 C
V)W C •
C L Cr. P 0% IO 10 N O
C1 X W 0 U .1 v
VI 41 U v M
W
CY > G
W O n o
0 N NQ� 1 1 1 { I 1 1 1 1 I tl Mi M I 1 1 0
6. N N N N
2 > >C 7 •
1V L.
L I,0 0 CV I r\ CV
VI I"- •C `
N N NCV
= . v
W •
I.
U N M •
VI
.Z.1 C b N 1A A 1 1 2 A 016 W I CO I ^ U 1 I 1 I 1 P I •O 4 iO
in Y Q CO
C N v. Ol
CO N ICI CO N ...I A
S..= IO .-1 .-I• .•..
O 4 C ro U .-1 .•• N N
./1.—• M v v
0 N 41 I IN In 41 p �
1 i •••I
I r8 Op
.,..y1 Ow IO V r I I 1 P..
TO U 17 O 011. b 0% 0% N In
=y a N C 01 n A
LI L ; ro O I� wM N N v
VO7 1y v d .-I 10 W W W
N
V)V) 0% A Vi V) CO p Vl in 1n
y NCO CA CO I CO 10 W I 11 I I CO O O P N
C 4) 9 0.co 6. .-1 V 4 M O M IO 10
11 C O •' C Q�Ip ... N. I-. r�
O C R�N N.. 4. 2 .�.. N ^O Iii- O N
LL .-+ v v
m in CON V) 10or
IC1
'II I
CI N V) VI
C 0 14 1 4 C OC C V
7 Y 0 41 0
coP N C
L 41 C 0 O 2 •11 N C V, 0 CL
O
U a) VI L A 4.. u W L L 0 CC
•'•
0 ~ a) ...N.0. 41 4) U. 0 •--.W VI
,6 f 41
V V I ro 17 4-YC 4...4- = T S W
N L L C C O. -.- M C LI W •• N III I.v U 4 CC
C W 63 MI N C) > ]I CIA 41 2 -••-C C 41 2 0
V0 0 N N.0 I L 41 N Cl W CC CO V) ro ro .C VI W I-
G 4El- x .-.W yW I. I. V QI C•-•
L 0 OC -•b ... 41+-1 V1 C J W 1, N r1 M CD I. M q
41 0 41 V) 11,11....-C0J
41 r• C .- W O C 41 I'I O C L.
IL O Z P P L.
W W W
4 ro ro a' L ro I L 4 0 a ro W VI 4 CC ro I W V1 d CO
0 N.- 0 O ro.- O 0 a Y C W 2 1/i-^ VI O W 1K S
W III 1.P 41 1 O• —y r V••- ro-- c64)d 0 ...-.0 W M 0 ....=W
•,I-..4. 11 4 1-- z W CC ro.CI F•• Z CC
2 IC N L V Cr C s •-- 0 W x N W Q I. L N W CC W
2 II avC C N Z p7 ro 0 4. 41 C 4I VI W CC 0 410 d V1 IV W
kV III
4U 242 VI .L-.. LaC i VIo 0.O LIOWC o o �w
W x
CC W W 0 W
N� 43 I w v..0 Q P
m
Ala om] m cm, to
m N p
6
WI NE w •
i
-Ia ppI�
- wl
...via.-- V
> j a
9 m N
J 10-LL4 w
V CO
02 ^I
VW
"q.2.11 '
2
9
W W N w
o8 .n
w ui
N N
I I N
9LL0 W
L N
Vlj
2 2
d• WV P 2
Jti
LI a = 5732
C m N ^
!
N LL L N L
• x�
N w
=
LL ^ V^� m 0
^ L.
.9 J ' 0 cc V-
- 00-0 N O
N
« :21+-c A N en `
4 J t— w w a
2 C
U T a , V 10
C CO I N L
yO ti VLL^p O M
o R ^
J c' c iN C
j > "" 2 S N N `
WZ GL C
0!' W "` N
1'. fl j p C O - b
Z , 01•0
C J M P W
W 0 CO
U w C C▪ WL N O
N H = W U Lo N N IIn
W A
C j C .-
u. C
O + m m
I I C
• c J •
wrWw mv Io a
C U N N V
Q J `. in
F U W
N V
O IO O•
V O
Z C O O
` . ,
t LL , N m ,Cd
L C CFI J 01 T g
O >c Cu. d n a
U I5.
N N
m m
W� N
cc
oJv N
a c v c ti
~
V1 L LL L q N N
A rc.O b
-a °'m m
C =v4. to v
-a-- .m. Lc,
q
. OO LLN -
-7 N N
ec
—
in
U 66 4.00+
WOI Vyy.P
O P 8—
W~ J
U.+ d_ U_m
6T en J
11 o2
8« 3 —64—
oce —i ow
- O
LL 6 LL
COUNTY OF WELD Schedule 1
STATE OF COLORADO
SPECIAL REVENUE FUNDS
ROAD AND BRIDGE TUNb
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
TAXES:
General property taxes $ 3,011 ,179 $ 3,014,578 $ (3,399)
Specific ownership taxes 240,727 246,019 (5 ,292)
Penalties and interest on
delinquent taxes 6,589 6,000 589
Total Taxes 3,258,495 3,266,597 (8,102)
INTERGOVERNMENTAL REVENUE:
Matching funds - snow & gravel 1 ,627 2,000 (373)
Mineral leasing act 29,699 30,000 (301 )
Highway users tax 1 ,890,887 1 ,934,000 (43,113)
Motor vehicle registration fees 169,383 210,000 (40,617;
Bankhead Jones Grazing 1 ,615 1 ,614 1
State snow removal 13,672 15 ,000 (1 ,328)
Total Intergovernmental Revenue 2,106,883 2,192,614 (85,731 )
MISCELLANEOUS REVENUE:
Materials and maintenance - other 25 325 (300)
Moving permits 103 ,678 120,000 (16,322)
Miscellaneous 3,969 3,969 -
Rent 1 ,075 1 ,320 (245)
Materials and services, county shops 5,680 6,692 (1 ,012)
Refund of expenditures 7,362 7,321 41
Total Miscellaneous Revenue 121 ,789 139,627 (17,838)
TOTAL REVENUES $ 5,487,167 $ 5,598,838 $ (111 ,671 )
The Notes to Financial Statements are an integral part of this schedule.
-65-
COUNTY OF WELD Schedule 2
STATE OE COLORADO
SPECIAL REVENUE FUNDS
ROAD AND BRIDGE FUND
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget pinfavorable)
COUNTY ROADS AND HIGHWAYS:
Engineering and administration $ 602,111 $ 634,140 $ 32,029
Traffic group 238,670 233,998 (4,672)
Production 474,037 521 ,608 47,571
Road maintenance 1 ,362,753 1 ,364,722 1 ,969
Municipalities 520,921 522,104 1 ,183
Easements and rights of way 5,393 5,395 2
Bridge and culvert group 1 ,015,741 1 ,000 ,923 (14,818)
Paving group 1 ,269,014 1 ,394,710 125,696
Gravel and quarry group 668,845 668,846 1
Total County Roads and Highways 6,157 ,485 6,346,446 188,951
TOTAL EXPENDITURES $ 6,157,485 $ 6,346,446 $ 188,961
The Notes to Financial Statements are an integral part of this schedule.
-66-
COUNTY OF WELD Schedule 3
STATE 6- COLORADO
SPECIAL REVENUE FUNDS
ROAD AND BRIDGE FUND
Schedule of Operating Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
OPERATING TRANSFERS IN:
Contingent Fund $ 150,000 $ 150,000 $ -
TOTAL OPERATING TRANSFERS IN $ 150,000 $ 150,000 $ -
Schedule of Operating Transfers Out Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
OPERATING TRANSFERS OUT:
Motor Vehicle Fund $ 101 ,305 $ 111 ,639 $ 10,334
TOTAL OPERATING TRANSFERS OUT $ 101 ,305 $ 111 ,639 $ 10,334
The Notes to Financial Statements are an integral part of this schedule.
-67-
COUNTY OF WELD Schedule 4
STATE OF COLORADO
SPECIAL REVENUE FUNDS
SOCIAL SERVICES FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
TAXES:
General property taxes $ 1 ,317,887 $ 1 ,350,648 $ (32,771 )
Specific ownership taxes 108,165 92,820 15,345
Penalties and interest on
delinquent taxes 2,960 3,000 (40)
Total Taxes 1 ,429,012 1 ,446,478 (17 ,466)
INTERGOVERNMENTAL REVENUE:
Administration 1 ,379,071 1 ,479,315 (100,244)
Service payments 6,394 5,600 794
Administration - IV D - federal
child support 112,758 103,575 9,183
Aid to dependent children 2,787,826 2,980,800 (192,974)
AFDC - foster care 86,525 10,720 75,805
Aid to the blind 5,955 9,280 (3,325)
Aid to needy disabled 322,447 318,400 4,047
Day care 319,851 415,600 (95,749)
Child welfare 853,845 552,880 300,965
Old age pension 816,223 820,000 (3,777)
Indo-Chinese refugee act 2,460 2,400 60
Medicaid transportation 4,424,474 7,500 (3,026)
4 (6,884)
Day care - WIN 32,400 14,260
General assistance 14,260
Total Intergovernmental Revenue 6,737,605 6,738,470 (865)
TOTAL REVENUES $ 8,166,617 $ 8,184,948 $ (18,331 )
The Notes to Financial Statements are an integral part of this schedule.
-68-
COUNTY OF WELD Schedule 5
STATE OF COLORADO
SPECIAL REVENUE FUNDS
SOCIAL SERVICES FUND
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
PUBLIC WELFARE:
Administration $ 1 ,815,516 $ 1 ,881 ,210 $ 65,694
Service payments 7,957 7,000 (957)
Administration - IV D - federal
child support 145,432 138,100 (7,332)
Aid to dependent children 3,728,841 3,726 ,000 (2 ,841 )
AFDC - foster care 106,649 134,000 27,351
Aid to the blind 7,444 11 ,600 4,156
Aid to needy disabled 395,879 398,000 2,121
Day care 395,134 524,000 128,866
Child welfare 731 ,063 571 ,100 (159,963)
Old age pension 816,223 820,000 3 ,777
Indo-Chinese refugee act 2,460 2,400 (60)
Medicaid transportation 4,475 7,500 3,025
Day care - WIN 28,351 36,000 7,649
General assistance 73,981 80,000 6,019
Total Public Welfare 8,259,405 8,336,910 77,505
TOTAL EXPENDITURES $ 8,259,405 $ 8,336,910 $ 77 ,505
Schedule of Operating Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate Unfavorable)
OPERATING TRANSFERS IN:
Federal Revenue Sharing Fund $ 75 ,000 $ 75,000 $ -
TOTAL OPERATING TRANSFERS IN $ 75,000 $ 75,000 $ -
The Notes to Financial Statements are an integral part of this schedule.
-69-
COUNTY OF WELD Schedule 6
STATE OF COLORADO
SPECIAL REVENUE FUNDS
FEDERAL REVENUE SHARING FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable).
INTERGOVERNMENTAL REVENUE:
Federal entitlements $ 1 ,616,832 $ 1 ,657,235 $ (40,403)
Total Intergovernmental Revenue 1 ,616,832 1 ,657,235 (40,403)
MISCELLANEOUS REVENUE:
Earnings on investments 20,765 37 ,000 _ (16,235)
Total Miscellaneous Revenue 20,765 _ 37,000 (16,235)
TOTAL REVENUES $ 1 ,637,597 $ 1 ,694,235 $ (56,638)
Schedule of Operating Transfers Out Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Bud het DUnfavorable)
OPERATING TRANSFERS OUT:
General Fund $ 1 ,407 ,989 $ 1 ,408,739 $ 750
Social Services Fund 75,000 75 ,000 -
Public Health Fund 75 ,000 75,000 -
Library Expansion Fund 426 ,312 490,000 63,688
Public Works Fund - County
Building 68,000 68,000
Insurance Fund 65,162 65,162
TOTAL OPERATING TRANSFERS OUT $ 2,117 ,463 $ 2,181 ,901 $ 64,438
The Notes to Financial Statements are an integral part of this schedule.
-70-
COUNTY OF WELD Schedule 7
STATE OF COLORADO
SPECIAL REVENUE FUNDS
CONSERVATION TRUST FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate _ (Unfavorable}
INTERGOVERNMENTAL REVENUE:
Allocation from State of Colorado $ - $ 12,000 $ (12,000)
Total Intergovernmental Revenue - 12,000 (12,000)
TOTAL REVENUES $ - $ 12,000 $ (12,000)
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable]
INTERGOVERNMENTAL EXPENDITURES:
Grants-in-aid to cities and towns $ 27,230 $ 24,438 $ (2,792)
Total Intergovernmental
Expenditures 27,230 24,438 _ (2 ,792)
TOTAL EXPENDITURES $ 27,230 $ 24,438 $ (2,792)
The Notes to Financial Statements are an integral part of this schedule.
-71-
COUNTY OF WELD Schedule 8
STATE OF COLORADO
SPECIAL REVENUE FUNDS
CONTINGENT FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
TAXES:
General property taxes $ 880,088 $ 884,925 $ (4,837)
Specific ownership taxes 70,521 65,075 5 ,446
Penalties and interest on
delinquent taxes 1 ,930 - 1 ,930
Total Taxes 952,539 950,000 2,539
TOTAL REVENUES $ 952,539 $ 950,000 $ 2 ,539
Schedule of Operating Transfers Out Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
OPERATING TRANSFERS OUT:
General Fund $ 19 ,500 $ 19,500 $ -
. Road and Bridge Fund 150,000 150,000 -
Public Health Fund 322,400 322,400 -
Motor Vehicle Fund 200,000 200,000 -
Undesignated - 329,151 329 ,151
TOTAL OPERATING TRANSFERS OUT $ 691 ,900 $ 1 ,021 ,051 $ 329 ,151
The Notes to Financial Statements are an integral part of this schedule.
-72-
COUNTY OF WELD Schedule 9
STATE OF COLORADO
SPECIAL REVENUE FUNDS
PUBLIC HEALTH FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
INTERGOVERNMENTAL REVENUE:
Federal grants $ 315,793 $ 350,026 $ (34,233)
State grants 611 ,306 692,229 (80,923)
Local sources 17,055 32,405 (15,350)
Medical supplies 7,914 13,850 (5,936)
Fees 124,276 107,523 16,753
Total Intergovernmental Revenue 1 ,076,344 1 ,196,033 (119 ,689)
CHARGES FOR SERVICES:
Medical supplies 4,094 6,676 (2,582)
Medical exams 7,604 4,435 3,169
Total Charges for Services 11 ,698 11 ,111 587
MISCELLANEOUS REVENUE:
Memorials 102 - 102
Miscellaneous 2,893 1 ,000 1 ,893
Reimbursement of expenditures 9 14,000 (13,991 )
Unclaimed revenues 496 - 496
Total Miscellaneous Revenue 3,500 _ 15,000 (11 ,500)
TOTAL REVENUE $ 1 ,091 ,542 $ 1 ,222,144 $ C130,602)
The Notes to Financial Statements are an integral part of this schedule.
-73-
COUNTY OF WELD Schedule 10
STATE OF COLORADO
SPECIAL REVENUE FUNDS
PUBLIC HEALTH FUND
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget ('JnfavorableJ
HEALTH AND HOSPITALS:
Administration $ 8,536 $ 17,595 $ 9,059
Laboratory 94,422 117,117 22,695
Alcohol rehabilitation 358,712 384,492 25,780
General nursing 594,718 618,086 23 ,368
Home health care 691 ,149 699,201 8,052
Environmental health 235 ,718 236,640 922
Total Health and Hospitals 1 ,983,255 2,073,131 89 ,876
TOTAL EXPENDITURES $ 1 ,983,255 $ 2,073,131 $ 89 ,876
Schedule of 0peratin g Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
OPERATING TRANSFERS IN:
General Fund $ 506,071 $ 506,071 $ -
Revenue Sharing Fund 75,000 75,000 -
Contingent Fund 322,400 322,400 -
TOTAL OPERATING TRANSFERS IN $ 903,471 $ 903,471 $ -
The Notes to Financial Statements are an integral part of this schedule.
-74-
I
COUNTY OF WELD Schedule 11
STATE OF COLORADO
SPECIAL REVENUE FUNDS
LIBRARY FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
INTERGOVERNMENTAL REVENUE:
Grants applied SARC $ 30,409 $ 25,599 $ 4,810
Total Intergovernmental Revenue $ 30,409 $ 25,599 $ 4,810
MISCELLANEOUS REVENUE:
Administration 3,477 10,651 (7,174)
Payment-In-Lending 22,964 15,000 7,964
Contributions 145 - 145
Total Miscellaneous Revenue 26,586 25,651 935
TOTAL REVENUES $ 56,995 $ 51 ,250 $ 5,745
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
AUXILIARY SERVICES:
Administration $ 238,216 $ 246,133 $ 7,917
Payment-In-Lending 14,762 15,000 238
Contributions 87 - (87,
Total Auxiliary Services 253,065 261 ,133 8,068
INTERGOVERNMENTAL EXPENDITURES :
SARC grant 25,445 25 ,599 154
Total Intergovernmental Expenditures 25,445 25 ,599 154
TOTAL EXPENDITURES $ 278,510 $ 286,732 $ 8,222
The Notes to Financial Statements are an integral part of this schedule.
-75-
COUNTY OF WELD Schedule 12
STATE OF COLORADO
SPECIAL REVENUE FUNDS
LIBRARY FUND
Schedule of Operating Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate LUnfavorable)
OPERATING TRANSFERS IN:
General Fund $ 235,482 $ 235,482 $ v
TOTAL OPERATING TRANSFERS IN $ 235 ,482 $ 235,482 S -
The Notes to Financial Statements are an integral part of this schedule.
-76-
COUNTY OF WELD Schedule 13
STATE OF COLORADO
SPECIAL REVENUE FUNDS
HUMAN RESOURCES FUND
Schedule of Revenue Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
INTERGOVERNMENTAL REVENUE:
Federal Grants Applied:
Grants applied CETA $ 1 ,485,065 $ 7,695,732 $(6,210,667)
Grants applied CSA 160,455 145,405 15,050
Grants applied HEW 353,646 389,810 (36,164)
Total Federal Grants Applied 1 ,999,166 8,230,947 (6,231 ,781 )
State Grants Applied:
Grants applied CDSS 144,051 205,164 (61 ,113)
Grants applied WIN 1 ,123 85,000 (83,877)
Grants applied E.S. 19,809 150,000 (130,191 )
Grants applied Weatherization 107,752 139,707 (31 ,955)
Total State Grants Applied 272L735 579,871 (307,136)
Total Intergovernmental Revenue 2,271 ,901 8,810,818 (6,538,917)
MISCELLANEOUS REVENUE
Non-Federal in-kind contributions 440,741 - 440,741
Program income 91 ,259 61 ,345 29,914
Other income 23,684 - 23,684
Total Miscellaneous Revenue 555,684 61 ,345 494,339
TOTAL REVENUES $ 2,827,585 $ 8,872,163 $(6,044,578)
The Notes to Financial Statements are an integral part of this schedule.
_77-
COUNTY OF WELD Schedule 14
STATE OF COLORADO
SPECIAL REVENUE FUNDS
HUMAN RESOURCES FUND
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (infavorable)
AUXILIARY SERVICES:
Federal Grants :
CETA grants $ 1 ,503,387 $ 7,695,732 $ 6,192,345
CSA grants 403,195 145,405 (257,790)
HEW grants 460,303 389,810 (70,493)
USDA grants 30,533 37,334 6,801
Total Federal Grants 2,397,418 8,268,281 5,870,863
State Grants:
CDSS grants 230,715 205,164 (25,551 )
WIN grants 1 ,123 85,000 83,877
E.S. grants 19,809 150,000 130,191
Weatherization grants 144,396 139,707 (4,689)
Total State Grants 396,043 579,871 183L828
Other:
HRD transportation 15,402 24,011 8,609
Total Other 15,402 24,011 8,609
Total Auxiliary Services - 2.1 808,863 8,872,163 6,063,300
TOTAL EXPENDITURES $ 2,808,863 $ 8,872,163 $ 6 ,063,300
The Notes to Financial Statements are an integral part of this schedule.
-78-
COUNTY OF WELD Schedule 15
STATE OF COLORADO
SPECIAL REVENUE FUNDS
SOLID WASTE FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate _Unfavorable)
CHARGES FOR SERVICES:
Fees $ 8,422 $ - $ 8,422
Total Charges for Services 8422 - 8,422
TOTAL REVENUES $ 8,422 $ - $ 8,422
The Notes to Financial Statements are an integral part of this schedule.
-79-
COUNTY OF WELD Schedule 16
STATE OF COLORADO
SPECIAL REVENUE FUNDS
COMMUNITY DEVELOPMENT FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable)
INTERGOVERNMENTAL REVENUE:
Urban renewal $ 3,905 $ 3,906 $ (1)
Total Intergovernmental Revenue 3,905 3,906 J1 )
TOTAL REVENUES $ 3,905 $ 3,906 $ (1 )
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
AUXILIARY SERVICES:
Urban renewal $ 3,905 $ 3,906 $ 1
Total Auxiliary Services 3,905 3,906 1
TOTAL EXPENDITURES $ 3,905 $ 3,906 $ 1
The Notes to Financial Statements are an integral part of this schedule.
-80-
COUNTY OF WELD Schedule 17
STATE OF COLORADO
SPECIAL REVENUE FUNDS
SUBDIVISION PARK SITE FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable
MISCELLANEOUS REVENUE:
Park fees $ 9,695 $ _ $ 9,695
Total Miscellaneous Revenue 9,695 - 9,695
TOTAL REVENUES $ 9,695 $ - $ 9,695
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
CAPITAL OUTLAY - LAND AND BUILDINGS:
Capital outlay - land $ 14,581 $ 28,430 $ 13,849
Total Capital Outlay - Land
and Buildings 14,581 28,430 13,849
TOTAL EXPENDITURES $ 14,581 $ 28,430 $ 13,849
The Notes to Financial Statements are an integral part of this schedule.
-81
CAPITAL PROJECTS
FUNDS
Capital Projects Funds are established to account for financial resources used
for the acquisition or improvement of the capital facilities of the County.
-82-
COUNTY OF WELD EXHIBIT D-1
SPATE OF COLORADO
CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEET
December 31 , 1979
Public Works
Library Fund -
Expansion County Memorandum
Fund Buildings Total
ASSETS
Cash with treasurer $ - $ 511 ,934 $ 511 ,934
Delinquent taxes receivable, net (Note 1 ) - -
Due from other governmental units - 10,966 10,966
Due from other county funds 9,802 - 9,802
TOTAL ASSETS $ 9,802 $ 522,900 $ 532,702
LIABILITIES AND FUND BALANCE
LIABILITIES:
Cash with treasurer - overdraft $ 6,731 $ - $ 6,731
Retainage payable - 2,850 2,850
Due to other county funds 385 25,975 26,360
Total Liabilities 7,116 28,825 35,941
FUND BALANCE (Deficit):
Reserved for encumbrances 2,686 228,699 231 ,385
Unreserved:
Designated for subsequent years'
expenditures - 265,376 265 ,376
Undesignated - - -
Total Fund Balance 2,686 494,075 496,761
TOTAL LIABILITIES AND FUND BALANCE $ 9,802 $ 522,900 $ 532,702
The Notes to Financial Statements are an integral part of this exhibit.
-83-
COUNTY OF WELD EXHIBIT D-2
STATE OF COLORADO
CAPITAL PROJECTS FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE
Year Ended December 31 , 1979
Public Works
Library Fund -
Expansion County
Fund Buildings
(Schedules (Schedules Memorandum
1 and 2) 3 and 4) Total
REVENUES:
Taxes $ 74 $ 460,433 $ 460,507
Miscellaneous revenue 46 - 46
Total Revenues 120 460,433 460,553
EXPENDITURES:
Capital outlay - land and buildings 593,202 113,601 706,803
Total Expenditures 593,202 113,601 706 ,803
EXCESS (DEFICIENCY) OF REVENUES OVER
EXPENDITURES (593,082) 346,832 (246 ,250)
OTHER FINANCING SOURCES:
Operating transfers in 426,312 68,000 494,312
Total Other Financing Sources 426,312 68,000 494,312
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
SOURCES OVER EXPENDITURES (166,770) 414,832 248,062
FUND BALANCE, January 1 , 1979 169,456 79,243 248 ,699
FUND BALANCE, December 31 , 1979 $ 2,686 $ 494,075 $ 496,761
The Notes to Financial Statements are an integral part of this exhibit.
-84-
COUNTY OF WELD Schedule 1
STATE OF COLORADO
CAPITAL PROJECTS FUNDS
LIBRARY EXPANSION FUND
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual _ _ Estimate -_ (Unfavorable)
TAXES:
General property taxes $ 74 $ - $ 74
Total Taxes 74 - 74
MISCELLANEOUS REVENUE:
Earnings on investments 46 - - 46
Total Miscellaneous Revenue 46 - 46
TOTAL REVENUES $ 120 $ - 120
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget kUnfavorablej
CAPITAL OUTLAY - LAND AND BUILDINGS:
Building acquisitions $ 593,202 $ 659,456 $ 66,254
Total Capital Outlay -
Land and Buildings 593,202 659,456 66,254
TOTAL EXPENDITURES $ 593,202 $ 659,456 $ 66,254
The Notes to Financial Statements are an integral part of this schedule.
-85-
COUNTY OF WELD Schedule 2
STATE OF COLORADO
CAPITAL PROJECTS FUNDS
LIBRARY EXPANSION FUND
Schedule of Operating Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate ;Unfavorable
OPERATING TRANSFERS IN:
Federal Revenue Sharing Fund $ 426,312 $ 490,000 $ (63,688)
TOTAL OPERATING TRANSFERS IN $ 426,312 $ 490,000 $ (63,688)
The Notes to Financial Statements are an integral part of this schedule.
-86-
COUNTY OF WELD Schedule 3
STATE OF COLORADO
CAPITAL PROJECTS FUNDS
PUBLIC WORKS FUND - COUNTY BUILDINGS
Schedule of Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate (Unfavorable]
TAXES:
General property taxes $ 425,569 $ 421 ,237 $ 4,332
Specific ownership taxes 33,935 37,933 (3,998)
Interest and penalties on
delinquent taxes 929 - 929
Total Taxes $ 460,433 $ 459,170 $ 1 ,263
TOTAL REVENUES $ 460,433 $ 459,170 $ 1 ,263
Schedule of Expenditures Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (Unfavorable)
CAPITAL OUTLAY - LAND AND BUILDINGS:
Building improvements $ 33,469 $ 567,180 $ 533,711
Land improvements 80,132 50,000 (30,132)
Total Capital Outlay -
Land and Buildings 113,601 617,180 503,579
TOTAL EXPENDITURES $ 113,601 $ 617,180 $ 503t579
The Notes to Financial Statements are an integral part of this schedule.
-87-
COUNTY OF WELD Schedule 4
STATE OF COLORADO
CAPITAL PROJECTS FUNDS
PUBLIC WORKS FUND - COUNTY BUILDINGS
Schedule of Operating Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate Unfavorable)
OPERATING TRANSFERS IN:
Revenue Sharing Fund $ 68,000 $ 68,000 $TOTAL OPERATING TRANSFERS IN $ 68,000 $ 68,000 $ -
The Notes to Financial Statements are an integral part of this schedule.
-88-
ENTERPRISE
FUNDS
Enterprise funds are established to account for the acquisition, operation and
maintenance of governmental facilities that provide services to the general
public on a user charge basis.
-89-
-
COUNTY OF WELD EXHIBIT E-1
STATE OF COLORADO Page 1
ENTERPRISE FUNDS
WELD COUNTY GENERAL HOSPITAL FUND
BALANCE SHEET
December 31 , 1979
ASSETS
CURRENT OPERATING ASSETS:
Cash and certificates of deposit $ 54,670
Cash with treasurer 1 ,071 ,616
Accounts receivable from patient services , net of
allowance for uncollectible accounts of $470,000
(Note 1 ) 2,250,942
Estimated receivables from third-party agencies
(Note 1 ) 1 ,671 ,543
Supplies inventory , at cost 300,170
Prepaid expenses — 206,065
Total Current Operating Assets 5,555,006
CASH INVESTMENTS FOR PURCHASE OF SCANNER (Note 11 ) 679,421
LAND, BUILDINGS AND EQUIPMENT:
Land 214,867
Land improvements 141 ,023
Buildings and fixed equipment 12,151 ,820
Major moveable equipment 3,375,884
Construction in progress 220,802
16,104,396
Less: Allowance for accumulated depreciation (5,399,200)
Total Land, Buildings and Equipment 10,705,196
BOARD DESIGNATED FUNDED DEPRECIATION ,
on deposit with treasurer: 447 ,251
Cash
Certificates of deposit 1 ,000,000
Total Board Designated Funded Depreciation 1 ,447,251
Total Unrestricted Assets 18,386 ,874
RESTRICTED FUND ASSETS (Note 1 ) :
Cash with treasurer 496,760
Certificates of deposit held by treasurer 76 ,246
Investments in bank trust funds
Funds held by Weld County General Hospital 150,000
Foundation (Note 11 )
Delinquent taxes receivable, net (Note 1 )
Total Restricted Assets 723,006
TOTAL ASSETS $ 19,109 ,880
(Continued on next page) -90
COUNTY OF WELD _EXHIBIT E--1
STATE OF COLORADO Page 2
ENTERPRISE FUNDS
WELD COUNTY GENERAL HOSPITAL FUND
BALANCE SHEET
December 31 , 1979
LIABILITIES AND FUND BALANCES
CURRENT LIABILITIES:
Current maturities of lease participation
certificates (Note 11 ) $ 66,950
Trade accounts payable 525,401
Construction payables, including retainage
of $156,977 in 1979 361 ,033
Accrued salaries, wages and employee benefits 1 ,042,496
Total Current Liabilities 1 ,995,880
_
LEASE PARTICIPATION CERTIFICATES PAYABLE
(Note 11 ) 630,050
COMMITMENTS AND CONTINGENCIES
(Note 11 )
FUND BALANCES:
Unrestricted 15 ,760,944
Donor restricted 573,006
Held by Weld County General Hospital
Foundation (Note 11 ) - 150,000
Total Fund Balances 16,483,950
Total Liabilities and Fund Balances S 19,109,880
The Notes to Financial Statements are an integral part of this exhibit.
-91
COUNTY OF WELD EXHIBIT E-2
STATE OF COLORADO W ENTERPRISE FUNDS
FUNDS
WELD COUNTY GENERAL HOSPITAL FUND
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND BALANCE
Year Ended December 31 , 1979
OPERATING REVENUES:
Charges for Services:
Daily patient services $ 8,725,222
Ancillary services -
Inpatient 7,933,837
Outpatient - 2,572,637
Gross patient service revenues 19,231 ,696
Deductions from patient service revenues -
Contractual allowances (Note 1 ) 1 ,212,340
Provision for uncollectible accounts (Note 1 ) 651 ,416
Uncompensated services (charity) 201 ,246
Other —_— 24,166
Total deductions from patient service revenues 2,089,168
Net patient service revenues 17,142,528
Other operating revenues (Note 1 ) 668,544
Total Operating Revenues 17,811 ,072
OPERATING EXPENSES:
Personnel services 10,814,594
Supplies and other expenses 5,265,839
Specialists' fees 350,054
Depreciation (Note 1 ) 737,229
Interest 4,937
Total Operating Expenses 17,172,653
Operating income 638,419
NONOPERATING REVENUES:
Interest income 103,623
Net Income 742,042
FUND BALANCE - UNRESTRICTED, January 1 , 1979 11 ,496,180
Capital fund expenditures for buildings and equipmment 3,480,168
Contribution of equipment 32,494
Other 10,060
Fund Balance - Unrestricted, December 31 , 1979 15,760,944
(Continued on next page)
-92-
COUNTY OF WELD EXHIBIT E-2
STATE OF COLORADO Page
ENTERPRISE FUNDS
WELD COUNTY GENERAL HOSPITAL FUND
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND BALANCE - Continued
Year Ended December 31 , 1979
FUND BALANCE - RESTRICTED, January 1 , 1979 3,241 ,462
Capital fund tax levy proceeds (Note 1 ) 700,440
Expenditures for building and equipment (3,480,168)
Investment income on capital fund tax proceeds
invested (Note 1 ) _261 ,272
Fund Balance - Restricted, December 31 , 1979 723006
FUND BALANCES December 31 , 1979 $ 16,483,950
The Notes to Financial Statements are an integral part of this exhibit.
-93--
COUNTY OF WELD EXHIBIT E-•3
STATE OF COLORADO
ENTERPRISE FUNDS
WELD COUNTY GENERAL HOSPITAL FUND
STATEMENT OF CHANGES IN FINANCIAL POSITION
Year Ended December 31 , 1979
WORKING CAPITAL PROVIDED:
Net Income (EXHIBIT E-2) $ 638,419
Add: Expenses deducted which did not require
outlay of working capital :
Depreciation 737,229
Working capital provided from operations 1 ,3.75,648
Nonoperating revenue 109,731
Capital fund tax levy proceeds 700,440
Interest income on capital fund tax proceeds
invested 261 ,272
Contributions of equipment 32 ,494
Proceeds from lease participation certificates,
net of current amount 630,050
Other 22,644
Total Working Capital Provided 3,132,279
WORKING CAPITAL APPLIED:
Acquisition of land, buildings and
equipment, net 3,974,967
Total Working Capital Applied 3,974,967
DECREASE IN WORKING CAPITAL $ .842,688)
CHANGES IN COMPONENTS OF WORKING CAPITAL:
Increase (decrease) in current assets:
Cash with treasurer $ 111 ,591
Other cash and certificates of deposit (986,851 )
Accounts receivable 598,879
Estimated receivable from third party agencies 125,111
Inventories 15,868
Prepaid expenses 11 ,925
Net increase (decrease) in current assets (123,477)
Increase in current liabilities:
Accounts payable 20,042
Accrued salaries, wages and employee benefits 271 ,186
Construction payables 361 ,033
Current maturities of lease participation certificate 66,950
Net increase in current liabilities 719,211
DECREASE IN WORKING CAPITAL $ (842,688)
The Notes to Financial Statements are an integral part of this exhibit.
-94-
INTERNAL SERVICE
FUNDS
Internal Service Funds are established to account for goods and services
provided to other departments of the County on a cost-reimbursement basis.
-95-
O.O aD a0 m r.e.-. V hLOI(1b No N W CO O.-,Oh rn all M m r- a-•Ro C to '
j NI to t0Nen LL) I..OUJmh , W M NNN WC.-) cm M 'W n^ .-., ti NInh to OIIt)Vm NI.. C 0 NtOtV CO 0 L a0 en .-4 La Kt ON 00
r~-. C q a0 CO N in is:N O Mara..-P 01 .y N M u1 O O u) 10 u) CJ O r.r. O N
—. L O 10 .-.m in in La 0 I,Cu Ol u)Vl... M ^ N .-.41.N-'m LO NO to t').-I P 0 M
G� V) l0 m.r NO N an ✓) tOte N
Wy H ti u)b N O u'f < to N
£ '^ L., I I I I W n
V 11 1 I • 1 • • • • tOO 1 ON I in LO
1 I N cuiCO' CO '"1° '
i 0 a0 ..w b ul f c o O _ ��'
J J M in hl h M CI I M ^ il
Fl
CU. 01 Oth� O) GO
ti p H W H M I!.
L an I 1 lO0 0 to 1 ....t,N to N e N OM Cr, MI I 0 Z I N r.
Y V 1 h M U) t t C<u- 01 U) I O).-a I--- M' , 00 ' u
14
E > 0 ^"C CO 010- O in 01 La O W m .r V) N N a it
0.O y ti N N I N 0) �. •
C...)"e3 .441 tit ON �I a .
H N
C
ULL t in ' PI N)N T , 1 1 01 Cl Cv Tr Ln O In b 0)Ol ni tfa h l0 10 < - 0 O C rniN Cfl VI II
N n O)O)co O O I IV C 1 0 CO I in .r C Ian —1 O Y
) N N00 T mm..� N I .Oi C 4' O .-a NIW N l� I'-
d V l H W It W H H
N
r OOO) Olanh OI f,.0 u)M.-I in ap lO 1 MOW_ II na1 m L.YIN. u) 'D U en m • W O.-I P m�C O)(DV C M 1 )OWO1 I O' I NO in.C. Ni CO ..1 � a
N O. W K m.-. N N In M 1.01.n C WWICD •• "I n• •• O
0. � Vr. hNm.-'OO 0 in Lin W N I.O an.t^I 0p' .1 LL) L
••)U- a0 NN l0 0)(JO 0 ^S nI O --.
La
0 .-• C.ON V' VI WF 1n1 to
") H I I 4"n1
w 'U
La
O LL W q
W=la W "a
O U 0
J rOC:Q q
a-
0 w a M ni
Y n co T
al
I- 0 n
O W Q Z D
,C3 6� z u (1)
N r0 0
u £
O
0
C
0
a:
Y Oj S
°1 m
L
C al V a I-
E
t v a.
L) N
Y O 2 Y N 4
C a
L) U- O CU LL M
R
F- .- 0 0 L J-' Y La_
C
W q O V a
'O C N Q
Vl Y C a L >l N '- m y V Ct VI .0 C 014- N 1) N N > N Y
Q C E Y O Y 4+ y O n C Ot IC X CO C C �•-�
C TL C N ^
niYN L N ~ h 4- 0 J �1 �XU C ~
L y y C 3 a 0 V) J N W E N J
N > J o C Y ¢ F L X i+ J
N an n U) N R Y- C N V
0 q p1 V^ L Y 0 V N N M W J N Y ' C O CU Y N C N Q
N _> N Li C N C % C .-. N I-.-O O C L 0 6 Q y .- n J
VI L L V WOW N '0 3 LL J CO O T CJ 0 C O V
1-Y N `Y In O. E C Q M1y Y R > g L L. L a O N .-
I'- T n C L COm a q 41 L
N L L O O y X q v) 0 �- q O ] n q Co q W N W'O R 0
E F " y co U) n r,-,i C 0 ~ Q. n Cu n 0 0 Y > i
<._ O a 0 0 0 v N E c C V- Y p m O Y LO- £ n N L In R I--
3 1 C L L J 3 C N C O C l- J V-V- C R e .n 0 0- 0 W J« !-
La N V. V N N > C) C] C - N L N O L q 1- H N IC C
LX rt. J V V as N ? C N (C J
K0 A2 C]O.-C+11 J.V j) Y J rC of� IJN 0 ON
L!L¢L')tJ E a.
0 C
L) u. .) J V
-96-
N J 0 CO t(1 04-4 m
en T 0b Vl ti
U. V CO <m.4m
I-- ,4,9 1-10 N -.no N
t. 4.) N O'+_4 Ll
GO C O m ul
S E < <
X
U.1
w N
W II
U I till I
C 9
L
C
NV
✓ w w I
L N I
W w I
Y U V
J•.- C
E i• u
u.
O CU
0 N w if,
C
N▪ CiaC'i I/
u7 1n
Cn .4 m In
• T
O O O y
Y N 1]
C
J wi R
a W
Vi
J y
0
00 LO I I CI Y
`� m cm %mo
0- .
¢ N O N .-1 I o
u > N �0 In I
0 rl
L 4L V. L
F- ° I < 1 a
CO 01I I
w w
n F
p1 L
H = 0
O O W
2 W
a
o lSw p .2. Cl
W 0 W L C
N
3 J VI
U.O w E CU
L
0 U 5 W N L
W 2 U O
H O 2 O
U ,
0 6 IL TJ C
Q O
ill W
W CZ
W 43
C 4
N~ 2 w ti
ti Zs- Y
w N N
CU
F T A
In
7 C
ra
2 1t_
m O
E
0
0
V a)
C 4.4
= 0
Ii z
-m. a)
A L
L W C11 F-
co Y
rn CO 04
II 2 .4
0 01 LO
... S.
—
O N k L
T L C Y v, N
N1- la N en P
a a W t Y
A 0 T O.,
0 O T 0
Y O 41 Y
J C L %',--
C J a] J
K •,-u- t_ Cr Q
F_ L V W 1-
2 C A N N.- d
Q O L L. A K
Li U II-O N J V
C A C O
O 01 W n 61'ii 0
I......1 C.0 2'0 1n Lai
F CI a I-
C -. D -
m Oa
T V nO
I- V I- ,
t -x it
O a
-97-
•
Ch M O1 C' N.Ot0CC1O•ct M NI MM1� M u0 ON N 1.1 M r) Iv li
A) 10 ID O10mnI�CO 0p 10M 1D O N.-•�N W1 D O40 '0 N CO VP N ••r
W ID CO CO 6r)'t OD 01 et N N.10.-1 .-ti M N 41 CO 111I N O rw N 4 01'a 5n O.F
I— C10 CO CO u'10 CO N.N 03e.e...et CO 01 0C 0. Cr,' O 8�j.O 50 (0 ,IC N r-�
A 4.1 10 I3 .a C1 4 01 M 04,4 M O M 01 N. Or., 50 10 4' 0 CT rw et 1y
m i. 0 et v CO — in c0 In --- •--. N N 1•) 4'.-•; e•1 'O
x M I 1 l wit
w
w I r0 .0 st I of 10 IO N N I OO C.)
01 U C)N. O O I I I I I I ten urn 10 I 1 I I 10 1 10 1 N 0 I I 1 h1
ll
pro-;n n r. Co I CO CO 02 .4 .•I 0 a
r... Y1 (0 M I M
L 3 C) C CO CO 1!) N N C1I )0 10 01
N .CU. I
R M I•I ) C'1 M
c N 4:1 M 1 1 H
VI L w N.-+ ..I ...4 N N.1 IQ et 1 I N 1 IOM .� 1I I I I I I 1 I I 1 I 1 I I I 1
ID 01 In 01 01 111 N. In 1O M 01
Y LI'a J
7r C0'0 N N 1O N.r CO 00< N
> 7 41 C .•/ .-I04 N N .-•1 .-1 I
g LW.C 10 01 01 a o 01
UV) V)4 N I I I I M
C4.r�) .-.. — .•ti .•-.
10 C M M N. N O O 01 01 r-- V I 4 tt QI�
7 C) N N 4 I 1n M 1 so 00.O 1 4 N I I I I CV II 1 N I I I I I N'
2 CAW 0' 01 V• O ID co.-. NC') r..) M 5")'
Z •44 ate) 00) 001 C) n n 0 CO m 44
co co-1 r
CC CL= III a
� Qu I I - .C
W a V I M I I .•1_ i
0
W I+'
x ..-
10 VP CO r.-01 CD u1 M 0'0. O et M M r, '0 01 8 O 01I 1�pp MI M N1 ..+
Q U 0!'••. N N N.Ch.f•t N.O IT Cn a N. 4 N.•a NI 10 .a 1 El .1 OD 10I N 4
W . r-N M M r`00 CJ M 0 0.to O .•1 CO N 111 00 IA n C O I•. 01•-t u9 N•
CC 01 C�� en M CO N in N 0.-,.-.4 C7 N. CO 040. 01 - 0 ^ 0 O• e-..41. N M C
lr1 .-a r)M r1.0 M 4 I M N. 0 50 O O W O cr.' 4 1
Z L W V C O 1 r•1 4 N .-1! ••-••• ..I c, c'.�I NI R....I M. N L
N
W 4, M I I I I 1.0419 rn a
Z I.
01 L
N U rI C.
Q
oI2 Z M
7 C
V OL1 Io
41
aE
LA-
V) CD
L
v Cl 1
z ,�
T a 01 V.
~ X C7 4.)12 C
0 W C) C)
st
N W W 5
Z t s. a✓
W! IO
y
W >•. i
C 0
W U
O C
I— C
Z 4
W
Z 0
W I Y1-- •0
I— y in
Vl
1 C)
.0 a.)
U. .. O
a w 2
2 L CI
,.▪.. VI 01 .C
g7OC C. •-+ b
o w CI
U c 01 0 01ST
.0 I+2 N. .I
L C 01.4 01
VI 4 r••. .- ..a
w `1
7 0/ C N .O
UV In A C) C C 7 L .a 0 .--I
L
7 rti. 0 N > a-1 Ia+ I� 0)•L >1 C)
C C) C .W IC 61 10 O1 N L CI L .0
C) U .1) .. d' L C C q a .0 E
> L C 0. •D 0 IL •. 'C 7 J 01
A 111 In C) .0 X N C) J 01 0. 2 L L C L CU
01 CY C) X C W EE VI IC C C O ... IS M MO V CI
V' U0 W ..-.. 01 r -C '7•• •7 4
01 •• O)•. 0. s+ 01 U .4- > ++ 01 in N 01 L
in > C 1+? U C C C 2 w L L 0 WIZ 01 C in 0. Vl in
= 0LLI
) a.) NaN C) C • .
ICI VI N .-• ? 0 C1 •♦- U. C 7 a.) 0.7 (Dv- C.D O
2 N 0 2 L VI 00 E C) 10 05 W N 0. 0) Ny 7 C 'V g 2 0 a x
W L W C1 C V) L C CY 01 7 0 CO IA-
W U N U 2 to 2 2
Vi
7. C. 01 0. .— a•+ O-0 C) • 0).— 0 C
W b .0 0. X C C Gl ••0. a-' (0 E 10 6) 0 C) CC a-I a) 0. C CC a-I CC Z•
CC'I- O W 4 J VI O14 10 0. 0 IC Z C VI C 2 C- 1- a= 0 .-a W C W W
2 N O C U C) 0.- VI 4) N 0) I- C U C0 0-- 44
C) 0 Z C .0•. UL. C) .0 a. 4-.- O 10 C Y co 10 0) co 5 O O
.-•. 0' a+ 0 L L .Cl•. L L a.' CM CC C) I+ ••-+ `-.•. L 4' Z W in W W
M L 0 I— to+. 0.0)a-' L .0 01 Cl 0 W E C U 0 1-- I•' 01 C .-C .7 2 2
nc b M Gc L 0 0.s+ ^J no.=.' 1- .. s.,•. .n 1-- 4 a'0 H •--•--)
2' 0) 0 7 .0 01 1y 01 4-I C O IO b•. CC 0 C1 aC C 4 nC
W U W 0.U I,)X 2 CI LC 0 4 2 U-(.3 X W U W I--d I-
O 2 O
O CC OC x
-98-
•
eh en W .-1 v U)HI .-I (0 01 v M A'O I .n I O N.U)in v.-. O OD '0 VD CD NJ o,7 i �. CM
1 § N W .H N.CO f•••.j N N.(ry l , O. 'D 00 1rn C')N.C'')CI C'ell 0! N at r-4'V03 C)W.-1 I O I 0)i
U. .9r C' N n V U)•7 N n.--. T LD' 01f`.. 1+ W Os 1.-.UJ 01f. n f\Q cm en cc N$..,$.0 W
I— C • • • • • • • " •I • ..,a .f) co C) C)W 0' in N V I •'D .-4 CO.-. O O:r)N at.-/,-.1 •-+�'W W O,3J.-4 Lf)I lG I .•••
A O (0 N •.0 W 00 C;J N C'V I 03 10 I .--.N V 01 00 r+in C') e.... V N.N �C.r en ti l0 iii
m0 M in W N CJ C) I en .-. - I .-1. .0..-..ti n').-, N .-1"v N .M I
E `•I
W I w I w '4w w
U co co I W I I 03! O1 v CI, 0 in ,n I x)
U N I N I I I N1 1 I ('.I I .I I CJ I I N I 1 LO I (13 , I f 1 I fez CJ
CC O 0 O I O ..-• 0 ..1 CO Ul •-• CJ
L = C) en en) en 10 .-. � ' I 41 t.,y
7 3 01 O1 a'( 01 C) '0 0, T'
N
I
I-. N 1 VI H 4.44 M i M I,I
L of I In .-.I 10 .--.CO 01 P•'1 W CD C7' '0l 'I• N O f•)i Q.I en
I N N I or- 01 r--en O .--. 1 I 1 1 1 „')NI .—I LID. In f I C) 1 01 I .-.I n (
NU b I. M Cr0 V.-I .D LC, 1�M IL)i 41 01 .-. "4' 1J' .-, `C I
7 = W CO Oi Q)Mr C) II',I nI V .--1` CO O 01 00 U) 4 �•"(I
G`Li. 01 N O v 1N C) • .-.afi I 1[) V) .-. en C+ eh(I
-i C...7 Ca r4 i ter; w w1 44 I
.=a - c O et In ..,I v'O( O o1 O N in
v Lo a I II'
a .-• a
N t0 LD I 40 IC, I I 1 C7 W W in I :n I C^)('Si.-1 CV r^ I C
W I .0 I CJ Ir
CC) CO 47 U9 ... — .-r r• O1 R� in U).-'I 01 N V C 03 .,
.-_>3 OD U) Cu CO 1D L0 O.-.I .-I 1V CO N 0 O V I V I W 1yy
0. v CO r�I n .-1 N Ca W 7, ... -. 1
0.
L N 49 1 I M W Vl� W I i I 111
O.
X I .—---. .-.
p Q1 en N Q w 0-3 + in' Cr, C) $-.)r CJ,LO N N 1.... !f 10-O N O C./ U'I 0,p
U .--C O N r\ 1 I 01 O )l O C; O I O 3 VD en , N N co ul I .0.--.U=0')C)'x I I r I 0'I
F. ,- n 0) L0 V O (•) )I N I co 00 01 N 00 et-4 M O O N CO.T1 l•n I ...I N 4r
Jr n n I` • n n _ . . ., n w n .,
I/) a C 0 M v •
C•) 07 C) C) In CO a)a .D.-•. en 01.-.. Q O W.-._).•••. 01 •f?Ill
7 CO ,.-. N. ,O ' fh en r")I 01 O O y N l71 V Q N n(V•--•u)r.-- I N n'II
O.01 7 (1) U) /� W .-. .i 3 ('1,I ., .-I{ ' CuLO ............. L. Ca I
L4- - I I vi . {
J O i .....I I — .li
.
Id.. ✓ I I w! w wt .A I i I fr
V 0 Z �A ...-II
Z ,--
..c T
N( Z .•-, 4,
D C
.- v
OE i �
pfd "" L
Z
W 0 3
• 3p I i✓1 a _ 0
3.4 re
1i O}I ((C E _✓
V ,a L _
O Ix 44 < V ♦-' a CL
u C1 7. 7 Ly
b
Z .J I re 0.
O IL Li '0 U E 0)
(.1.)d2 O 'O O, 1) r
NI— C C .. y
Z U4 4- J L
~I H
W re O C '
3 0 0. 0)
< y ¢ C
I— 4- ✓ V
v) 0 a,
N W U
(7 >1 2 a
Z 'Il 7 4'.
Or x 4-
7 ,a ✓ 0 a I
CO 0 .C .0 # 4,f
pI a '0 4, '0 V in C
V Ill • Z •/1
C 3 C V, +-'
J 0 C F- 7 4) a •• .0
a .n C C a U w VI LA 'V .
W C C O + UJ a)
L 0 re 1 LL >•, IC '-- •
.0 ✓ O1 LL✓ > .. .3
4, 4, N U C Q C J .. 4-1 ..-
0 re a 0 7 +-I < .n C r C
C L L C J I-- 0 V 4-✓ a) a J i
a) O C 4 CO U 6 a ./I L d 44 5- S
'a 11 0 '9 V- I- Z 0. v ✓ L IO .a L 1—
O 0 U 4) 0 '0 .-' L O1 4 ./1 — 7 •. 4-I 4) 7 •-•
_ '0 a) 0. V) a C V b e U r—•--4- '0 U CL.
0 C N Q .Wr.C 0 N al 6..
.C 0 in > al --- U 4.3 +' (7✓ C 4, L p C (--10 L 0 n .�-. 0 in 2 C VI C *C3 .0 n
Y- V, 'O L ✓ C. (.7 6) CO b-0 a L ICI a
-C ✓ 4) 4 N•.- Q 7 7 >-. > Y L 4-' C L a >, V1 V,✓ �--. 2
# -p a > ✓ L L. .-.Q C Cr L C O al L > 4) MI '0 4) C a `•
a in .— 4) 7 X F- '-- 7 a 4- VI 0 C CI. C OI N
.-..0 -0 VI L a re N " .0 CC CD 0 4 C a 17 U MI U .0 7 4-1C 'e CY
•-
.C a U a, N v V >1 a I e) in 4--'- 0 a c.
ca 1 ✓ > 4- a) - re E' 3 "4- 0 u_ C L ✓ L o >) a. C. 3
µJ LL. LJ C 0 V-. V1 t- Cl. O O CO 7 in CO CD., L al W C U .- L CC "' >•-'-�_ U
C) 7 0 L (J C .0 La'0 " ,C -2. Z U' C C)— > 7 a .-..L 0.+� 7l C ca 0 TJ CV 2
I-.I-"0•.- O. 'H Cl LI a C U ,C (71 V).-.L..O 0 0 b _
}'•-+ (1)Ls ✓ .. C J X a .. H L L C F- a 7 R1 ON U N N 7 a VI '-' 0'' C -- W
O CO 0 '0 N✓ 1T 4 .- L a ^ V) a, ✓ .- 2 V v1 > a) .0
03 .- 'Cl 0 U 0 O.'✓ L C 41 UJ 0 U 4) •Q 'e L L N a) IC rC.O•.-
O.2 in U u U T C. Q 7
. V) >. O >1 C a CI) a a a C VI 4) al re L O >) .J•' N V)
>C a a .- 4, re - 4_ U _se
' 2 4.)„. 'C O C.. L U.C.C a rd L L >1.C C.. CO L C✓ 'C 6
J L4J 0 L 0. ID•.- C L J 0 L I4 .--• C U N V
--) a)., 1 0. a1 U.1, 'C.-- �•1 0.4) (1) L a) Ia.;
Q.......C 0. 'a 4) D.,. 0 d 40 J K V, 7 •.- X a L a 0 a) X C. a n re CO 0 L O L 03
F• Cl) 43 U L-, Cr 4- 3 F-• CC DC .-J CO ✓ 0 U.. CO'0 Cl) r a U '0.C In CL•1)✓ L 0 U V
a 0.O re a O C LLD Z Y rU ...DN.,✓ NL C ...a, V. 41 0 0W
x 0) E "' � — — c� ¢ .n .-. E 0 0-0 ✓ -•I - v+) C]
0, C U L b .., •r �C •-. ✓• b Z a )( C ,r L ✓. •^ a)•
# C 4) Qr c 0 C C
I.) U a ea a •U-, CJ +, u (.0 ea 'V .+ —. V 7 I.-4-- c ,C), .-) V, 0 7 0 .44L U) .
_ .. .. L 0✓ n v1C o w 2 7 0 m- o a0. a .o.co L. '0 4) L a)
0.-.'C) L it 1— (7 a) 1- n j- . —'7- I— rn a ,n U 4) a D. a) 2 Win lJ U U✓ a 0 L 2_
Lel
2 Q 0 4)••- 0, 2 7 E •( ) 4.3w L- ,VI 0 O C L L 'C J O LI a 7+, si
.-.4,<'C 3 .0 V, C •-• Q >, L„ r 1( V, Iz.7 U(.3 i[C CI,•••-•0 U V d 4 -a .'Cn 0)C-)
04 a .C a 0 ,C 1, .C O 2 a 4 C =0' 2' 7 C) J K Q 4 C.) 2 L.K 4 ... C-,
3 Q -. I. V
-99-
COUNTY OF WELD Schedule 1
STATE OF COLORADO _.. -- -
INTERNAL SERVICE FUNDS
MOTOR VEHICLE FUND
Schedule of Operatinc_Revenues Compared with_ Estimate
Year Ended December 31 , 1979
Variance
Favorab'e
Actual Estimate unfavorable)
OPERATING REVENUES:
Charges for services $ 2,083,32.6 $ 2,538,551 $ (505 ,225'.•
TOTAL OPERATING REVENUES $ 2,083,326 $ 2,588551 $ (505 ,'25)
Schedule of Operating Exp_fnses Corn ared with Budget
Year Ended December 31 , 1979
Variance
Favorab 1 o
Actual Budget (Unfavorablej
OPERATING EXPENSES:
Personnel services $ 358,778 $ 391 ,200 $ 32,422
Contractual services 2,897 5,000 2,103
Supplies 18,089 21 ,100 3,011
Materials 1 ,134,340 1 ,222,998 88,658
Heat, light and power 32,475 27,500 (4 ,970
Depreciation 513,903 420,620 (93 ,293)
Repairs and maintenance 11 ,597 11 ,500 (97)
Other expenses 60,091 65_2583 5,492
TOTAL OPERATING EXPENSES $ 2,132,170 $ 2,165,501 $ 33,331
The Notes to Financial Statements are an integral part of this schedule.
-100-
COUNTY OF WELD Schedule 2
STATE OF COLORADO - -INTERNAL SERVICE FUNDS
MOTOR VEHICLE FUND
Schedule of Nonoperati ng Revenues Compared with Estimate_
Year Ended December 31 , 1979
Var',ance
a- ;e
�i�f i1 i _l.'
Actual EsTir1:-,te i.nfavorable ;
NONOPERATING REVENUES:
Farm income $ 30,223 $ 29 ,'24 , 977
Gain on sale of fixed assets 74,513 90,154 (i5,64-L
Miscellaneous revenue 4,827 3,589
TOTAL NONOPERATING REVENUE $ 109 ,563 $ 122,98'3
Schedule of Operating_ Tr'nsfers- _l:n_ Compared with Estimate
Year Ended December 31 , 1979
Var ance
Favorably,
Actual ___ Estimate (Unfavorable)
OPERATING TRANSFERS IN:
Contingent Fund ; 200,1)0() $ 200,000 $
TOTAL OPERATING TRANSFERS IN $ 200,000 !Si; 200,000
Schedule of Fixed Asset Acquisitions Compared with Budgt
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget (' nfavorable1
FIXED ASSET ACQUISITIONS:
Machinery and equipment $ 1 ,133,305 $ 1 ,347,986 $ 214,631_
TOTAL FIXED ASSET ACQUISITIONS $ 1 ,133,305 $ 1 ,347,986 214,681
The Notes to Financial Statements are an integral part of this schedule.
-101-
COUNTY OF WELD _Sc.�hedt;l e :3
STATE OF COLORADO � ���
INTERNAL SERVICE FUNDS
PRINTING AND SUPPLY FUND
Schedule of Operating_Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favor rig';
Actual Estimate linravorh Eel
OPERATING REVENUES:
Charges for services $ 90,923 $ 129,501 :• (33,57P'
TOTAL OPERATING REVENUES $ 90,923 $ 17 501 $ (38,5 78 )
Schedule of Operating_ E penses Compared with Budget
Year Ended December 31 ., 1979
Var anc=j
Favorable
Actual Buci�7 :1 (bnfavurab e_
OPERATING EXPENSES:
Personnel services $ 30,447 $ 32,610 i 2,163
Supplies 3,052 3,500 443
Materials 63,630 76,500 12,87')
Depreciation 5,860 9,566 3 ,7('6
Repairs and maintenance 6,189 7,000 811
Other expenses 69 0_._.325 ____256.
TOTAL OPERATING EXPENSES $ 109,247 $ 129,501 `020,25/
The Notes to Financial Statements are an integral part of this schedule.
- 102-
COUNTY OF WELD Schedule 4
STATE OF COLORADO
INTRtia- SERVICE FINDS
COMPUTER SERVICCES FUND
Schedule of Operating Revenues Compared with Estimate:
Year Ended December 31 , 1979
Variance
Actual Ma i `,Ma`-, it`nf-avor F''....).
OPERATING REVENUES:
Charges for services $ 912,914 $ 930 110 $ (17,1 96
TOTAL OPERATING REVENUES $ 912 91 4 $ 930,110 $ s f v
Schedule of Operating.-ExpensesCompared with Budget
Year Ended December 31 , 1979
Vance
Favorable
_Actual Budget (Unfavorablt1.
OPERATING EXPENSES:
Personnel services $ 426,284 $ 432,253 S 5,969
Contractual services 27,566 34,659 7;.093
Supplies 27,746 17,628 (10,118):
Depreciation 8,525 _ fn ,
Other expenses 418,660 60 445 570 26,9_u
TOTAL OPERATING EXPENSES $ 908 781 $ 930,; ;0 $_ ..? 329
The Notes to Financial Statements are an integral part of this schedule. .
•
-13-
COUNTY OF WELD Schedule 5
STATE OF COLORADO
INTERNAL SERVICE FUNDS
COMPUTER SERVICES FUND
Schedule of Nonoperating Expenses Compared with Budget
Year Ended December 31 , 1979
Variance
Favora i e
Actual Budget — (Unfavorable)
NONOPERATING EXPENSES:
Interest expense $ 4,133 $ $_i4,13
TOTAL NONOPERATING EXPENSES $ 4,133 $ - ',._J4,i ,,•
The Notes to Financial Statements are an integral part of this schedule.
-104-
COUNTY OF WELD Schedule 6
STATE OF COLORADO !�
INTERNAL SERVICE FUNDS
INSURANCE FUND
Schedule of Operating Revenues Compared with Estimate
Year Ended December 31 , 1979
Variance
Favorable
Actual Estimate iUnfavorabi '
OPERATING REVENUES:
Charges for services $ 381 ,700 $ 413,512 $ (.11 ,§12)
TOTAL OPERATING REVENUES $ 381 ,700 $ 413,512 $ (31-6J2:
Schedule of Operating Expenses Compared with Budget
Year Ended December 31 , 1979
Variance
Favorable
Actual Budget _ (Unfavorable)
OPERATING EXPENSES:
Other expenses $ 353,834 $ 478,674 $ 124,840
TOTAL OPERATING EXPENSES $ 353,834 $ 478,674 $ 124 840
The Notes to Financial Statements are an integral part of this schedule.
-105
COUNTY OF WELD Schedule 7
STATE OF COLORADO
INTERNAL SERVICE FUNDS
INSURANCE FUND
Schedule of Operating Transfers In Compared with Estimate
Year Ended December 31 , 1979
Variance
rav;orab 1 e
Actual Estimate Unfavorable
OPERATING TRANSFERS IN:
Federal Revenue Sharing Fund $ 65,162 $ 65,162
TOTAL OPERATING TRANSFERS IN $ 65,162 $ 65,162 $_ -
The Notes to Financial Statements are an integral part of this schedu o
-106-
TRUST A
PHN
D
•
•
Trust and Agency Funds are established to record transactions relating to
assets held by the County in the capacity of trustee, custodian or agent for
individuals, governmental entities and non-public organizations.
•
-107-
In C1.110 in.••1 en M.•. . 01 OA1 M
^1 01 0 M N I1).-. 1'.... v.) 01 N. I I\ n'
(.O g en 0'47 N NI -1 Ca.0 01 . N. N. N. 01'
V^ • w . w . . w w w
09-9 C '0 10')).')CO •.. ..
b 01. CV N U 01
O 01.....1..1.•.I 10 CO CO N. N. 4J'
Cp O O N.a 01 01.-•1 R N. N. 1O 10 of
= E~ .. +. 01 rn e v v
W M 44 V► I Vfl
311 h..+O 00 I CO CO CO
1 N.V•0 1 I .-. 1 - ...1 I 1 I
L.C 41 O1 CV O CV N CV N
C
o• 7 CO.-1...1 .•. N. 9, --1
N C CO .^ h.
p 0 0
N.OI 0N. 0 0
r 1 fn 0 O O 0
cu L" N. 01, 01 01 01
1-
M I 44 M 44
C
7
LL 1
CV 0• ,1 V
U S-
C w 0 10 CO en Co M
a, c u 01 N 1 1 1 I 1'7 1 CV N 1 I I N
7 4) M Cr N co C) O
a O� C 10 co O O O
V 7 0 O .-I .--I .•.
C U. N. ..-1 N. N. N.
10 n
I- H VF 44 I • 4 a.1
a)
.0
U
.C
X
v 11.1
a. C
N >1 7 .-1 1.0 4)., I) 1'n CO 01 01I CV III
U 7 4.1 .. 1 1 O1 N.LO.•1 fn .o A N.1 lI N. R)
L C 1")NN O 01 N .. 1.. N. 01 .C
~ 0 C N N.01..a 01 01 T 0) y
C U 4) 4 .I.•I N. n N. N. 11•.
O E 111.-I 1c 1a 10 10 0
tea)
VI .- L I O V V- v a 4,
4) 3 a. M V1 Vi I I IA G.
a v
CC
A
+1 L
N ~ N rp 0)
C) 4-1 7 a)
LU
GV, N. ' u 4)) I I I I I I I
0¢ 0+ n
1114 aC r W — `�C C
=O z 7 b
-�= z w m >1
p V U. --1 f•! C I.. S.
Q 1 A
> U.. CO 1 a) w W w I 44.
0 W.2 M LAJ 4.I
g C
.n O n) 0
az
O
F U Y
N
A
V
C
b
C
k
0
.1J
W
U 0
2 4)
d 4-1
J 0
d 2
CO
W a)
C] U -C
2 Z
0
¢
0 m
2
¢ 0 C] -
..1 2
VI LU •,- O
1--I
) O 4 1
C CI
V)41.I ) J a
C
0o a) in
L I) N N >1 V
0
a) O.0 J 4.' 4) 0 C 1-
t u» •o
7 .e U) W 0 ++ 0. -I
VI .. > H .- 7 Q 1-0
•0 .0•.- LU n .•- m CO
CU a) N .O O1 .a
L V- -u0 V1 >.C d 1. V •.•
.+ C C N a)11 d .C 10 •• 0 C J
.p 10..1 1 a) 0. 15 •r W W V J _
.0.0 a C N J t/) ,0 J C.) 4) IL. J
.•1 4) VI N oar
w. 01.1 2 V > a
C C E.. .0 h- a.+ a 4) L I-
3 0 ..1 C O I- CO .0 J > a) '0 O
N 7 1 1- •• 7-1+ N a 4. N V 1"
1/1 t.C.C a) O d J 0 0 CO 4) 4) O
I- N N N > u L .•. V 4) Y•- VI 1. 1-
LA1 0J TS 05 V)L.)C1 U.C-.4 0 a d o O O C 2 CL
N O
d J U.
-108-
COUNTY OF WELD EXHIBIT G-2
STATE OF COLORADO
TRUST AND AGENCY FUNDS
STATEMENT OF CHANGES IN FUND BALANCE
- ALL EXPENDABLE TRUST FUNDS
Year Ended December 31 , 1979
Library
Special Fund
FUND BALANCE, January 1 , 1979 $ 21 ,853
RESIDUAL EQUITY TRANSFERS (Note 3) X21 ,853;
FUND BALANCE, December 31 , 1979 $ -()-
The Notes to Financial Statements are an integral part of this exhibit.
-109-
COUNTY OF WELD EXHIBIT G-3
STArE OF COLORADO
TRUST AND AGENCY FUNDS
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND BALANCE
- ALL PENMON TRUST FUNDS
Year Ended December 31 , 1979
Weld County
Retirement Fund
OPERATING REVENUES:
Investment earnings $ 250,710
Contributions 853,722
Total Operating Revenues _1 104J432
OPERATING EXPENSES:
Benefit payments 128,853
Refunds 201 ,365
Administrative expenses (Schedule 1 ) 39 '00
Total Operating Expenses 369,318
Income Before Operating Transfers 735,114
OPERATING TRANSFERS IN:
General Fund 392_100
Total Operating Transfers In 39,100
Net Income 774,214
FUND BALANCE, January 1 , 1979 4,234,664
Adjustment of prior periods (Note 17) (329,099`
FUND BALANCE, January 1 , 1979, as restated 32905,565
FUND BALANCE, December 31 , 1979 $ 4,679,779
The Notes to Financial Statements are an integral part of this exhibit.
-110-
COUNTY OF WELD EXHIBIT G-4
STATE OF COLORADO _
TRUST AND AGENCY FUNDS
STATEMENT OF CHANGES IN FINANCIAL POSITION
- ALL PENSION TRUST FUNDS
Year Ended December 31 , 1979
Weld County
Retirement Fund
WORKING CAPITAL PROVIDED:
Net Income (EXHIBIT G-3) $ 774,214
Working capital provided from operations 774.L?14
Total Working Capital Provided 774,214
WORKING CAPITAL APPLIED -
INCREASE IN WORKING CAPITAL $ 77&,214
CHANGES IN COMPONENTS OF WORKING CAPITAL:
Increase (decrease) in current assets:
Cash in bank $ (69,189;
Investments 810,576
Accounts receivable 30,959
Other assets 1 ,911
Net increase in current assets 774,257
Increase in current liabilities:
Accounts payable 4
Net increase in current liabilities 43
INCREASE IN WORKING CAPITAL $ 774,214
The Notes to Financial Statements are an integral part of this exhibit.
-111-
,
COUNTY OF WELD EXHIBIT G-5
STATE OF C6LORADO
TRUSf AND AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS
AND LIABILITIES - ALL AGENCY FUNDS
Year Ended December 31 , 1979
Balance Balance
1/1/79 Receipts Disbursements 12/31/79__
WELD COUNTY CLERK
AND RECORDER FUND
ASSETS:
Cash $ 638,864 $ 6,659,831 $ 6,587,872 $ 710,823
LIABILITIES:
Due to taxing units $ 638,864 $ 6,659,831 $ 6,587,872 $ 710,823
WELD COUNTY
TREASURER FUND
ASSETS:
Cash $ 12,706,491 $ 123,982,319 $ 127,617,592 $ 9,071 ,218
LIABILITIES:
Due to taxing units $ 12,706,491 $ 123,982,319 $ 127,617,592 $ 9,071 ,218
The Notes to Financial Statements are an integral part of this exhibit.
-112-
COUNTY OF WELD Schedule 1
STATE OF COLORADO
TRUST AND AGENCY FUNDS
WELD COUNTY RETIREMENT PLAN
Schedule of Administrative Expenses
Year Ended December 31 , 1979
ADMINISTRATIVE EXPENSES:
Actuarial fees $ 15.870
Trustee fees 20,730
Auditing fees 2 ,500
TOTAL ADMINISTRATIVE EXPENSES $ 39,100
The Notes to Financial Statements are an integral part of this schedule.
-113-
GENERAL FIXED ASSETS
ACCOUNT GROUP
Investments in property and equipment, except for those of the Internal Service
Funds and the Weld County General Hospital, are recorded in this account group.
-114-
-. V1 .H 0.r-r N U) .O Ot N U1 tO
1 +, U)r\0,04 01 .. c1'tin.-1 .-d
= a01 In N.47 Ot•t .7 O Cs).-I v
co n
1— VIA 01.r O1O CO O V n01 O
4.4 c0 ¢M CON N CO N N co v)on a' N
t0 tO 01 N
=I a rV C.-I r, W r. N.
1"L X.. .-. IIX .--t
W
W M M M 44
co.-, NU1Ul N '
1.4., I M 4D Cr a I 11 1 1
CU 7 O ,4 01M' •
4.V1 v CD cr Cr C 1
C CO r.N N.
'V is..r 01
L L C �.
10 .... 49 w W M
a
T 0C C I I O 1 I 8 0 1 1 O
O O O
L.
J 4., O O O O
O a N CV N N
M M on M
N a
a C1 M .w1 W C
10.C N ' UtN .-. tOii
QN •
�+ f•'1MtpM •-
WK -
.--1ONWC01GC Nn 0 Mvr¢ Mww x
a
v.
N .-I U)N N U) to M 01 M ui
+I U)Q M O M tO en Cs)C VD
lVI-I 0)i 13 a T U7 tO M W r--. .7 10 0 W a .,
W VI N r. 01-4—N-. to OD r•-1V tO w
N 6 10\I tp.a C'010 et 01 T In v 0
N 44.--. 03,4 CO V r•'1 tO U)U)cr t0
4 C VI\'
a a-.I Mme. "
CZ .x-cc .... n t0 I L.
W 01 i ✓1 101
l n
x at tL I w w
0-4 r LL S.
►-- W w
ID
O j¢Set Li..1 VIV) CC M 0� tO OW I N N N� 4-,CC
W 4 S. 4.),r-CO 1 N c{ r CO CO 1 1 CO C
30 W a C L^1 cn ON n e. n'
I.L. C9 E F4 a O sr OD
NW Q O O' c
0 U 1--i 2 clJ U L. O v� on n-1 e as
I-- W N O •-,CU 7,0 v .- I a
I"I!GOW`¢ l7 et co
49 w p .9
UI1-1W 5=
4 C C
in= = C a
W C.1 W V1 P,111 NCO U1I 1, to tT r•-1I N. E
C7 ►, to Q U1 O M K .-•.N O V d1
O 10 N 01 0 t0 M O.-. N .70 W N V
•0
a V1 1\ 0:1..u).--I.-1 N.1 01 M et N.' •-+
T 4\ -v I- 1 tO N-O u) 0 Cr.un co vi
= .-. rn.-.NNM 01, Ut Le)v enW '0
E a-.I R N N- 01 0, r\ 10
¢ U. I w w w C
F, w C
VI C
c
1a
0
«,
In
V1 a
I-- ♦-1
W 0
N 2
VI
F ¢ a
0 I-
U Cl I-
W W
X
M
1-- W
W
N J
VI Vi ¢
1- ¢ Or
W
W O 2
VI W W
N H .x CD
L co a 4 . Cn LL .C- 12 7 ..
S. O
L, 01 W J L
VI •C 0 X Q 10 V1
4.4 ce Vt
I- n S..1n U. W to 2 2
W a.+ 7
LW
VI C tf C J W a.VI ... a)a F
VI d E V tO C c C I—
C ,ii, C in
a /_ 0 W ti O > q O LU > p1 C) 2
a a
.W--. L. VI C 4) O V1 L.C CC
n C C U H C
u Eca ` 4 2.+ 0 V J
-.1 �.VI F M a N L. 1--
CD
cC C C.,- 7 C O N L.w-0 I--
W •0 q 7 0.0 U.I 7•.- a
2.J J C U W U ?U‘...1)-1-
U.; 2
C9
-115-
Z
O
I
V
Imo
J
a
g
H
F-
a
I
CA
.,
a a CO O to O Ln CO r-N'-03
a CC r,CCOV1NM CO CO CO
C 0\Cl.C\r.OMN CObN
F- .- bbN.n e-r-r--c0 r�ON
U wN NR CO LO
N
f
C
Y
yC yN
E L
C 0
0 a- Y M M • i lr # C r-b
a•0 N b r-
>V 01 h M
O C
eta .-01
O IA N ID
a X r-r
=W V
C
T
N IONS.-n up{Co l-0 p1
C N MNs1 N CbVlr-?OJ
1= C NNM CO N.CO�I,NN
J O C
O 01 Vf b r-CO N.'-N CO
v v my 000 CO In 00 b 0,
r- Cr- MTV'.-Cn In N In
r0 Cr
11J n w-MMN
co 44
n
T
U
C
O
En
U >1� o�v 0C nublNmm
C CC) OJ CA Cr M 0,U1)LOOM W LL
LL HIO nMMbr-one N a
• to Lo e nap on a
XL .NN ILI OJ Cr CO C
6V1 r-NNM('1 >
rn is} a
8 W K
CI i1•1 ul V'r-Nh.Cr CA LO Cn N. C
J6' L 01bbr-CIAO NOOO
WO V N Ua mon d'N VI CO CObnC U
30 aY Y ' r0 WMM M Mr-0t OMT O.
t4.0 .04- CMr-OOO el'r`N in 1./1
O XO C 7r- N-r-,c.CTC11b Cr--MN
W r Cl [1 a 'O
>. r0 F' 3 N 10 tp tp LO 1p tC VD 1---CO C
F- r- C M r0
2 W CO O Y
0 F- 4+ tn
O C c r0 C
C-3 F- a .l N �01 n N.OD V r�tO r-01 L
La E .-C 01 CO 10 N 01 LO Or tO a
C C C 01 MD f,*0-W 10 CO r-CIO C
L Y 1) w w • - a
> 0O C Cl. i.0 et
Ot0 0J CO 00IOOIO t0 0
00Nt0r
O a r0 tfl NMb01MM -MMus 0
CD S 0 0
S -'MNNNN
A^r- r WW
I.
a
= V NIOCCONMNNtn 1r
a C in MMO.-MCI-r-a'OJ
0 TN a Cw N r.....-.CO Cr o1 CO NC 'a
V 01 C
CNV C CO ONCN OIOMN a
O V-r- r�01 n b CO tOMM On ul 0-
0 MI 4- r--VI en r-.re)0C es-.- x
0 0 0 n n n • w w w • a
= N N N CMCCC N 10
4 0
V
J
N rO b 1p NMCr,I001N U
' Uu o0Cl CO en n mU et en C
a
a4- OO V)R.-VOOJt O rn
J N IO O Lt)10 N 01 CO 0110 0 W
0.N N M M C tO Io 01^IO CO L
J
r-N N Y
W
V
C
a 0
r-- too bbmVen Ta m 00 a 0
nbr-�r-N.M 011.000 r0 Cl
u
01 N C o101 C N r--co tO
V 1�•-��NV CO•-••I'CO r0 r0
= NNNMMM > 41
•D V1 r0 C
. a
a+ C
o C
1+ n co Vl.-.-r-op 01 C n C S-
r-- a V1 N al to r-as i.(3 bM a
cri 0.1 LE Cr 0CM�o1.---CO v1 0 >
0
c sC. ttoor(1enrL..--tco tarn co4) O
0 a CII 0I M CJOr'O0 La Nr� Crr
0 > E 0
0 r-NNN NIr)KM L I.
0 in O a
C
S. to -NMC in tor-.CO01 - 0
C .0.01+.0 r....r.--.nr.nN.
a rn01 CFI a on m on rnmrn
a it
-116-
0
J Lfl WNrN- rWlfl VN
0-4 0 n r O r O r r
—
f.... WW I.O r r I� O r r e t O t M r
C7
a) m C W aOIOOLONLOLOO
r r m on on 01 01 O I I, N ct ON
R J
> M L0 W LD O rrr01
I- >N O/
, 1
U K M r r r N r N
N
b4
-o
CO rCOtO OIretN V' r L
(O 4' N W O W W CO O)LO t-
lfl W r..04 r- 01 r Ci ,--
V) N
W4- N Sr N N N N N N N
C i r
.. 0
Ll-. Li- 00-
S- V'lO Lfl rtf O Cfl
O OILflNrlfl LOOG0OO M 4- 0 LO 01 LO LD N CTl 01 O N cO W
C
00 d' C T 1 L N O N V r W M
air CO CT LO N LO .Zt N W
0) > •
M > 100 Mr\ OJNLllrNr
OJ S- i 0
o U r0 al rrrrr
i L Ln C
J CJ *Pr LL
O 0
CI Ln
N
J
WC 3 d to
r r 0 C)
O 04-' >- +' >
u.. 0 W.r C Lfl VIA N LO rO)N- C V C
J'0 C y 1- I- M OI O Lfl r W OI W
O W C = C) E 01 L fl N M n m W r N O
> 0 N b H cc) r'
F > c i J LAN W LOLnLD WO ^ O t0
Z W cu = i' WC LflOct O1 C' NN W
= I.— C d - N > 0) r M O N T- N C 1 t D L fl N •U
CC r0 0 > _
N
0E- r J S� LD DOJO W OOr M V O.
VD" CO S- n
i Q
C 4-) b9
C C C C0
00 _
0
s-
al
0 C
0 -p W Mt- LOO0INW N Lfl C)
0 E Neill!, 1/40 ^ r 00101 OLfl C7
C i 4-
Ud rLC) CO 01 r--.
n V COW 01
r r r r r 0
J -o a)
C tt.o C
0)
>
N
i
N
LO Ol t.e, O W ct W LO r J
V L fl e t M O C 7 N t\ r r
N LD W LO N W r N LO N C
N
LU InN OLOccM u7 Olfl W r
X MNu7NOLOI.cLO MN
LO rLa a .. n NLOVN W 0
a
MMUTLn trWOWOO J
r r r C
bR >>
LU
s-
r-
(0
S.-
S- OrNM0- LOLOr. W OI a)
M N-.n n N- N N- r`n t+ n C
N OI O) 01 01 01 01 01 01 01 0) O)
T rrr .. . rrr 0
-117-
m4-)
C C
•r C)
►-+ •7 m v1 -k 00 Q1 N 00 CO
•.r C Cr 0J ctcVct01C)
1--C e C X - O r- to tD
0) V▪) r F- r- CV M r N
r 4--I C) r .czt
.0 n O
ro C) t<r
I-
4-
tn 0
C >
O +. CU
r•r C -1 •IC * CO r-. Q1 N
RS +-I O CT Q1 CO VD
4-) U O +-I
O CU Sr C CT Q1 01 Cl
I- r C) O CT Oi CT Ol
r C- S-
O S-
c._) to OI
(CS U
-k -k CV CO 01 tD
V) CV CV O ,-
C CO CV r p1
r 0
RS X •r U) ODr� r-
4-) IC +) lDrCDCD
O H U CO r- tD r^
I-- C)
r 01OOr
r-- r r r
t/) O
C U ksol
0
•r
U V1
C) +) C
r- C O
(I) •r- ie. it CT C) CV I
O 0 M 4-) r` a\ t? O
CD L) CI X U 00 CD CT I
C] Q N C RS C)
J Ce - L r- I-- r r-• 0) D
W O C 'O td r-- r cY r
O 1-) >- C) U CI
4t L) VI •r
O O L C
U- •r- O C)
>- O > RS I-
I- C) C
Z UJ J 4-)
Od X en C > +) VD N- C) COCV O
() - rI3 -1 CU O U r-, VDcrr` COto
V) 1- UJ CD - •
L r 01 CT 01 CI CT CT N
01 CT (J1 Q1 Q1 CT
+—, C� O O rcs
L U C)
C) >,
O S-
5- 0
0. V1 r CO U) N- tD •r-
C VD O1 U) tDr L
4-I 0 CT CV CT r- r-- 0) Cl
C
C) X +a 0) ctr- Cr, Or
S.- MSC.) Mr-r01 C) C
S.- r- C) CV U) 00000r CO
O r A
U r- N. r"+ CTOOr
O r-- r r r�
U 01
44T r- •
CU
E e--
0
r- CV - C) N- S.- CO
N CO <l) r-, Or (4- r-
d- N. CO Cr) CO LO • ••-
r- CU V) (C1
CO X >y N- CO N- r CO cr r-•- CJ >
+-) rO > U') Cr) tD CV r .O X (CS
O I- C1 CV ill CO r- to r (Ce R7
I- .-1 a r +-) 4-)
r- r- 01 CD Or- 0
r r r 'V +) C
7 C
CI R1 C} RS
+)
+) CS rte
0 C b
C •r-
C r 0 C C) N
•r O C S.-
4-) L ct U) t0 r- CO CT •r (CS
U in r- r- r- r` Is, I- +) to C)
CU C) CT CT CT Cl Cr) 01 nzl Cl.) >)
r- >- r r r r r r E O S-
O 0 r 0)
U 4- U .C
C C d-)
- -CD
TL M � U) tDr- OO
> IV r, r` rr N. r` r` -118-
a) a) 01 CT 071 01 01 01
_1 >- r r r—r--r r -t it
1>r rLn MM re Cr)OM 01M
N LC) tO%D • O1 0O CO ON M
0) C) ON 0LC) Ln Or nN ^
.0 C)r CO Lpr-ISM WI. OLn M1'
CO +1 R O M4OrLf MLOLn CD OD
I- a > CO N LO CO O1 ^V) l0 �Lel
•r r d• t Y LC4 r L V O CO LO r
44 CO CO al N. N LID 0100 VD
cn 7 nn COO r• CV CO N r-.
LL1 +4 U N N
r Q
O b4
0
f-
0 0 0 0 0 0 0 0 O 0
O ONNN C0NON rd'
.0
I-I--- L(1Ln O tD et LO CON
C) Cl 01 LC) d et r NIN CO COLO
V) 7 LD 01 r tD r t0 r- r 01(71
V) r- Ln0 OD �NOI
C) 41 LO
VI > O1 O N LO CO N I., OD CO LO 3 3
.N Q rNNNN 01 COX- LO tO (0
S.- r C)
41 7
C) r
p 64 Y f0
L >
CL
u r
C) LC) N MI4 CO OOMMO
r0-- N N M MO 7 ON CO tD
O J1 7
JD 4-1
X Or M I---r CO O10 e r et tD V 10
IV +1 b LncD ON O1 LOON rO C)
I— N 2 > rr CO C) O N re CO LO L1 C V
E •r N
tl-• r r CO r LC) X N M N tD e} M E +I
O +1 LO MX- VDOX CO LC)nC O G E
O 'W NNNMM M V 1.0 1.0 )
or-
al 7 la C) U r C) +1
vl
W 0 b O ¢ 64 V N
3 J > vl
4O-) >- 5- A 4-
U- r r 0
O e0 C r tD LOO10, M OD xr LA CD CD
LL 7 7 C) 10 r-. X'O1et OD O Lnr COO +I 3•¢
Y +1 10 I- C O1 r r., N.O1 VD tON rO1 Ln Ln
U C O V .. .. .. .. 0, A A r
Z Z 40 0 In 01 CV LO M c..O O of rCC If0 Ca
VI 1. 7 01 7 N N. CON IN IN 01 n M OD
0 V N C) VI r n r CO LO M LC) CO d• N ct +I CD
O N +1 J 1tf1 > 4)CU C
Lr) VD M e r n N. LO O 1O E S-
E Q MMMcf LO LO tO00tO (3 i
.r U C)
Y ne
to .0
(Si 64 0 C
V i i
(0 tar)LDM OL0 LO MOO V)01 4- >
rI .MLn I-NLn torn O
CU �COON' k0 CO CO MI.r n1
y y r ' Ln CO O1 ON M CO Ln CF r 0 4.)
in +1 10 LO ID COnLn OUYM NCO M b
C) 10 > ONN.etwet
In E • +1 C)
VI r•r r tD M 01 - Ln O n N O CO CO r
C +� 10 - Ln0OtCO OMN C1 LO .0
VI 7 Ln Ln tD tO r- CO O CO LI)tD "0 it
W }) a A A a C) X
5- U r r r r Ln co
4-3
C) vi C)
Co VI
O in •r •
5- Id C)
CL et d'rr n CV VD Ln CD CD >101
N 0:1- Ni I.CT r sr0 M V r i i
r .•LD hr. 001- M LO CO
C)CO N C) LID 00 M t0 LO 1D O VD ct >) a >
CC in 7 etN CO X- O CO Y O rte
v) r- CO01 O1 Nt0O Mt0O LC) 5- 5-
C) 10 a a A A a a a a a a C) d C
N > COLO N O1 LO d'r lD r-IN d 10
N LO LO COO MtO I- 01 (--.01 0
r r r N N (V L n M V're 5- Re N
O. C R
O
In V
tq 10 L C)
C) C) In
CC D- 7
i Or NM a LntDr•. 0001
it IN IN r-.I--N. r-r-- r- N.t-
C) 01 QY Cr1 01 01 01 01 01 O7 01 04
y ..--•
-119-
Cl t,t0 t0N-rctn ON tM C1 W — N- N- M tnOS
? r W MctM OI W ' LMO Ol tOT01OMOl01l] tM
N OI � N <ttnS0 MO
_
a) tbCTC1 OV r- NOOI
ro CT r Cl r a St a, et In W W N 1. W M r N O ' N
L +� OrCT V Nr W rC1ct O CM W OLIfOrC1t0
co 0 a a a a . .. - .. O cOtMO I0O NtONCI
F-- F- tMN NNNr Nrr
MMM
-r N N N N M M c t ct
OCl OtMNCFLn Lb o 01rf NLr1.
N V o 1. StMN W LLO n MMNMW Ntn<t
MWMM
S- LOrN ct P tnr V St V
a d. V • M V OUMMM C' Mt V tD N- W W NtO
L tM W tM ct M W to C1
N i- t0 CO CO Ch e- VN. Cl Mto
++ O
C r r r N
2 M
C
i
Q)
>
O 0N.N. OOO0 W tO W tO O CI LMSt t,to 0 t0
CD 0 OOO V d' tbtM rtOOlt, tO ,0
i O (MCMC1LMr' Lt,aO cF Ln tl') V V cYMCn (✓) M
C r w tOON- 1- 0.'JOOu7N.N
r •C r m I n N V l O m r St 01 W
7r t0 t� W' OrcttOt,C1
co0 r r r r r r
T. to
Q)
>
0
O
O r OO r O CT W N MtO W V riDDrONCONMMO
0 r Vt O O N S ' <t W r N n U r M W W W M C1 r LO
J Q 5- C T O I- C 1 1. N ct N W 0
W V ro >> 1n to I0MO MMtM r W M N aaaaamaa
J I Q) Q) d•1 Q) rrN NNN N CV Q) N CY V M.N. C1N W N. to
+� > a Y . r W r\�rr CIOOCIN
W VI•r 0 M > (T N N N Cl V'W N Ln r
O WV C 0 LX m
r = Q) V J N MLM U) tb NC1 OOr
Y > ro H X r r r
I- Q) C ro x
Z W F- r6 w
rn I-
0 X it
0 M J
M f
l i') l M M O N N O N N t O W 0 ct O r O 1 r
V N W tM tO U) r d. . . • • to W O U d'tO M M QI
C +) M OO1N W MQ1Na
ro r0 tbW Cr rL0WOO
Or M Ln r tO r t, tO W N r C1 N CT M r N S CT O
N 0 i V ct M t,tO M CV) r to M (T tO W M M N r N N t,
a) L +) .• ct ctMct 0lOCIt, V N
�..1 00 N NN
ro Mr Or•-M V Nln t,rtnN
K O N N N
X —
M
h
+t V OCl MMOI LMC1OO Stt,C1tOC1C1U N. W
i rrO W W tO rN W W t0 ct In tO O ct C/V tON
a) r` St W NO' NtntnC
N V W O 1 M M 0 M M
O Q) C' 'O C1 O r Cl r r r N. Lb In N t,N mm,,--
s- ct ct(n V tM t0 St V'V V W St' NC1 W d' ctN W
r N N St t n W C) O r C'
•r
ramaaaaaa
0 r r r r r r N N N N
h
C
O
i 0rN Mct lt'1 N- N- W 01 0rNMcF W 01
um
ro
a) Q) mmmmmmmmmm,,, ,,. . ... rnrnrnrnrnrnrnrnrnrn
, r r r r r r r r r r r
O
0
>, i. C' Or NMV tM tO t, W C' OrNM V'to t0 t.W
> M
WW CT OI CT C1 Ol Ol CT 010101 MMMMMMMM
J
-120-
COUNTY OF WELD Table VI
STATE OF COLORADO
Special Assessment Collections
(Unaudited)
Last Ten Years
Weld County has had no special assessment from 1970 - 1979.
-121-
COUNTY OF WELD Table VII
STATE OF COLORADO
Computation of Legal Debt Margin
(Unaudited)
December 31 , 1979
Assessed Value, 1979 $ 662,995,240
Debt Limit 1k Percent of Assessed Value 9,944,928
Amount of Debt Applicable to Limit:
Total Bonded Debt $ -
Installment Purchase Agreements -
Total Amount of Debt Applicable to Debt Limit -
Legal Debt Margin $ 9,944,928
Debt Limitation: Under Section 30-27-301 , Colorado Revised Statutes,
1973, the County may incur indebtedness for general
County purposes in an amount not to exceed 11/2% of
assessed valuation of all taxable property.
-122-
COUNTY OF WELD Table VIII
STATE OF COLORADO
Tables Relating to Bonded Debt
(Unaudited)
December 31 , 1979
Weld County is without bonded debt and the following statistical tables as required
by the National Council on Governmental Accounting are not presented:
A. Ratio of Net General Bonded Debt to Assessed Value and
Net Bonded Debt Per Capita - Last Ten Years
B. Computation of Overlapping Debt - December 31 , 1979
C. Ratio of Annual Debt Service for General Bonded Debt to
Total General Expenditures - Last Ten Years
D. Revenue Bond Coverage - Last Ten Years
-123-
COUNTY OF WELD Table IX
STATE OF COLORADO
Demograihic Statistics
(Unaudited)
December 31 , 1979
1. Population: 1960 - 72,344
1970 - 89,297
1975 - 111 ,901
1979 - 120,000 est.
2. Estimated Median Age: 24.6 (1970 Census)
3. Total Personal Income
For Years Available: 1970 - $ 279,766,000
1971 - 327,463,000
1972 - 380,534,000
1973 - 481 ,301 ,000
1974 - 539,833,000
1975 - 597,099,000
4. Per Capita Income
For Years Available: 1970 - $ 3,111
1971 - 3,527
1972 - 3,891
1973 - 4,666
1974 - 5,054
1975 - 5,543
5. Median Family Income
(1970 Census) : 1970 - $ 8,363
Source: Greeley Area Chamber of Commerce Survey.
-124-
COUNTY OF WELD Table X
STATE OF COLORADO
Property Value Construction, Bank Deposits,
and Other Economic Indicators
(Unaudited)
Last Ten Years
1970 1975 1977
Property Value - estimated actual
value (millions) $ 784.3 $ 1 ,264.1 $ 1 ,898.7
Building Permits 1 ,635 586 1 ,044
Estimated Construction (millions) $ 14.1 $ 20.6 $ 39.7
Commercial Bank Deposits (millions) $ 289.2 $ 556.9 $ 685.6
Savings and Loan Savings (millions) n/a $ 123.2 $ 170.0
Retail Sales (millions) $ 417.8 $ 878.0 $ 894.6
Value of Crop Production (millions) $ 64.6 $ 134.6 $ 110.2
Other years ' data not available
Source: Greeley Area Chamber of Commerce Survey
-125-
COUNTY OF WELD Table XI
STATE OF COLORADO
Principal Taxpayers
(Unaudited)
December 31 , 1979
1979
Assessed Valuation
Amoco $ 92,585,180
Eastman Kodak 70,131 ,160
Public Service Co. of Colorado 28,626,660
Mountain Bell 13,408,920
Monfort of Colorado, Inc. 8,681 ,820
Machii-Ross Petroleum Co. 8,445,520
Colorado Interstate Gas Co. 7,238,400
Martin Oil Co. 7,133,080
Panhandle Eastern Pipeline Co. 7,114,900
Energy Minerals 6,572,130
Union Pacific Railroad Co. 5,751 ,300
Beaver Mesa Exploration Co. 5,736,870
Home Light & Power Co. 5,596,890
Monfort Packing Co. 4,954,850
American Telephone & Telegraph 4,522,300
Vessels Oil & Gas Co. 4,298,970
Champlin Petroleum Co. 4,075,920
Crystal Exploration 3,459,130
Union Rural Electric Assn. 1 ,583,000
Coors 1 ,537,170
Greeley National Bank 1 ,387,610
Hillside Shopping Center 1 ,091 ,650
Greeley Gas Co. 1 ,083,000
Burlington Northern 733,900
Greeley Mall Association 719,020
-126-
COUNTY OF WELD Table XII
STATE OF COLORADO Page 1
Miscellaneous Statistics
(Unaudited)
December 31 , 1979
1 . Date of Incorporation: 1861
2. Form of Government: Home Rule Charter
3. Date Present Charter Adopted January 1 , 1976
4. Area - Square Miles: 4,002 square miles
5. County Seat: City of Greeley
6. Employees as of December 31 , 1979 Elected Officials - 16
Division Heads - 5
Department Heads - 6
Other Full Time Employees - 927
Part Time Employees - 146
7. Miles of Roads: Paved - 552
Unpaved - 3,007
8. Building Permits: No. of
Year Permits Valuation
1974 882 $ 18,696,840
1975 1 ,339 25,251 ,542
1976 1 ,624 47,546,973
1977 1 ,177 30,102,553
1978 1 ,546 58,749,363
1979 1 ,592 34,782,283
9. Motor Vehicle Registration: 1974 - 94,484
1975 - 103,818
1976 - 108,529
1977 - 112,849
1978 - 174,393
1979 - 133,437
10. Special Districts
within County: 28 - Cities and Towns
12 - Schools
6 - Fire
9 - Water and Sanitation
1 - College
(Continued on next page)
-127-
COUNTY• OF WELD Table XII
STATE OF COLORADO Page 2
Miscellaneous Statistics - Continued
(Unaudited)
December 31 , 1979
11 . Cities and Towns: Ault Gilcrest Lochbuie
Eaton Greeley Mead
Erie Grover Milliken
Evans Hudson New Raymer
Dacono Johnstown Nunn
Firestone Keenesburg Pierce
Frederick Keota Platteville
Ft. Lupton Kersey Rosedale
Garden City LaSalle Severance
•
Windsor
12. Recreation: Golf Courses - 3
City and Regional Parks
Island Grove Recreational Complex
13. Libraries: Greeley Library 92,500 Volumes
University of No. Colo. 800,000 Volumes
Weld County Library 140,000 Volumes
14. Elections: Number of Number Percent of
Registered of Votes Registered
Voters Cast Voters Voting
1974 General Election 45,175 30,002 66.4
1976 Genera) Election 49,785 41 ,184 82.7
1978 General Election 47,832 29,818 62.3
15. Media Newspapers: The Greeley Tribune, The
Booster, Town & Country
News, Aims College World,
The Mirror (UNC) , Eaton
Herald, Farmer & Miner,
Keene Valley Sun, Greeley
Journal , Johnstown Breeze,
Ft. Lupton Press , Platte-
ville Herald, Windsor
Beacon.
Radio Stations: KFKA/KFKZ, KYOU/KGRE,
KUAD AM and FM, KUNC
FM.
Television: Receives commercial and
public television origi-
nating from both Denver
and Cheyenne stations.
16. Sales Tax as of December 31 , 1979: State - 3%
Source: Greeley Area Chamber of Commerce Survey.
-128-
r-+ N M r r
- l'°. E N N N. N-
- - CD gal- O M LC)
x fp 5 a) 01r r
O r a CO O ^ O O
4) C E Lc) N M CO CO N CO M d CV
C CCU_ LC) N. r N N
b 0. LA-
I-
4.-O
0 O
O r
0 'asE V) CO r 49- CU O O O
E CO >, =t0 rnLC1 43
C Z•
J r 4) r0 �4�R 5. 0.0 . N 0
CV r-- r >. V1 CT E -P i-1
4.3 44.0 � I 4) AIall .(r- •3 4) O >
•r O (0 +) a— C a— +a V O •.--
e•-• O I •r O U N 4) (D U U) OW O 4) L1') 4) In
✓ r ...I 0 0 r -I-) I— O \r C> CC O S- \r C
.0 \ >, O V r 0 4) .0 O O.0 O O O •r CD 0 4)
a Q4,,)� a
•r O S- � OC7 n C 0 +.) CD0 +) 00 O CD cr 0 +� a)
J Lr) 4) S-O t0 ^ E U Oat.) 00 O ^ 4) ^ U S-
0. aLnC v N D 00 = O ^ r-- O S- 0 0 0.
O 0 C tr)O ^ U) S- V ^O'a ^Ln a O O V E
O S- 4) r- 4 0 0 4) r r 4) r N r- N (,) L0 4) 0
' M 0. CO tor*r C 10 tfi VT-CI 4?V1` 44 44 4 44 17 CU
>) 4-3 4—)
+-) r r •r
•r e0 Al r.-
,— Sr 41 ..-
4) .r- 4) S .O
C V) rd
S. •a— CD C O � 5/1 O J
4) J S.. •r -0 C
S-
r
•^ 0
0 0 C 0. LJ f0 ..-• 44-' .0 C.) CoCO S- C(13 �
U +
O 4) alv r-> > VI , • •r- it a 0 0 a
0 U I. 4- 4 4) 0- r C .-- S.. •r- Cr r 4-- •r- C 4)
0 4 Sr V1 >,r--, 01 0 01 LL) 4) O •r Z J 4 S- n •r- >
0
W O L Z7 r ( •'- •a- .0 U •r 4) N .C •r
^ E V) U N )C3 4) r4.) U 0. 4) C.) V)
J 4) r- •r r0 >, - -r^ N •r If) b C •r 4- f0 C
O C 4.) r-- •- N CD 4 S- 4- •r- J a 4- 0 $ 4)
LL U ,-,•r M r0 a •r O 4- E -0 O E ' w a-= L L
O -0 4-) 4) >,a ' 4-) O E RC •r +) O 4- 0. *CS 4)
Li. 4) D S. a) C +-).r- U O r (0 V) S- .C S-
r O U CO 4) a Cv S- .0 ro U r OM U 4.) CU s. 0.
I— C C L CU 1C i -o g) 0) w 40.) .-." ra) EO
=LL) rd O E 0. CZ•r +-) r C
O 1— s-+� 4) E 0 J C .0 ix) .0 C 0 C] .O LL .— •r U
O4 7 U 0 i 0 = E 0 S. = O 0
U N C p U 0. U 0. O X 0. O_ 0. CO
►.4
V1 CO CO CO CO CO CO CO Co CO CO
V C) � \ _- \ \
O S- LC) LC) LC) 01 LC) LC) CT L0 r C1")
•r•r r r r r r r r r 4-
S.- r- r- \ \ \ a r \ r-
� �( r r a- r r r Cf r r r
C L.Ll)
U 01 c-i al al a, 01 01 01 01 Cr$
•r V) N. C. N. N. N. n ^ N. n I.
a- C \ \ \ \
0•r C.O LC) LC) 01 LC) U7 01• LC) r L1)
0- r r r r r r r r \ r
CO r-- r r- a- r r t}•• a- r r
O O
E W O N t.0
O 0 n O
I
Z Cdr) 011 ttoo ^ CO O N r I
..zi' O CV I O O Cr 01 O CO
Co) r N LC) r r U) rz• O M
U O 0. I. O to CD U Ln cr azr
•r N. X U O O gCCo "D NJ r
_
O at -0' CO )47* ' ei Co O O 2
a. M M Cr) N M CO LO Ct J U
C C •
r0 to O
U co
E 4) •r
O S- >, C
CJ •r +I 43
V -0 LL r -0 V a- V > V
4- S- S- S.. 41 L S. = S. r S-
O 0 0 0 -10 3 0 0 r0 0 >, 0
4- 4- 4- 0) w 4- 4- 0. 4- In 4-
E L S- +4 r C..)MI L L s` C L
Z 2 Y 2= O = = N = O— 29
COUNTY OF WELD Table XIV
STATE OF COLORADO
Salaries of Principal Officials
(Unaudited)
ELECTED OFFICIALS:
Commissioners $ 17,500
Clerk & Recorder 20,000
Treasurer 20,000
Assessor 20,000
Sheriff 20,000
District Attorney 35,000
APPOINTED:
County Attorney $ 36,750
Director of Planning 24,750
Director of Finance and
Administration 33,552
Director of Building and
Grounds 22,632
Director of Communications 22,500
Director of Ambulance Services 18,480
Director of Veterans' Affairs 15,173
County Engineer 28,260
Director of Social Services 31 ,008
Director of Health Department 45,000
Director of Library 22,400
Director of Human Resources 23,650
Director of Data Processing
Services 29,724
Director of Purchasing 18,000
Director of Personnel 21 ,000
-130-
COUNTY OF WELD Table XV
STATE OF COLORADO
Surety Bond Coverage For Principal Officials
(Unaudited)
District Attorney $ 5,000
Commissioner 25,000
Treasurer 250,000
Sheriff 20,000
Assessor 6,000
Coroner 5,000
County Clerk 25,000
County Clerk (Titles & Deeds) 5,000
Director of Finance and
Administration 200,000
Note: All bonds are issued by Hartford Insurance and are on file
with the Weld County Clerk and Recorder.
-131 -
Hello