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HomeMy WebLinkAbout20061224.tiff WELD COUNTY PUBLIC TRUSTEE 809 9TH STREET, #1 GREELEY, CO 80631 April 24, 2006 Mr. Don Warden County Finance Office P.O. Box 758 Greeley, CO 80632 Dear Don: As of March 31, 2006 our total number of releases for the quarter are 5,890 and the year to date total is 5,890. Our total foreclosures for the quarter are 492 and the year to date is 492. If you or the commissioners have questions regarding theses reports of the operation of the Public Trustees Office, please let me know and I will be happy to try to answer them. If I do not hear from you I will assume these reports are acceptable. Sincerely; ,,Man Weld County Public Trustee Enclosures 0 / _ 0 4 2006-1224 8:26 AM Weld County Public Trustee 04/24/06 Balance Sheet Accrual Basis As of March 31,2006 Mar 31,06 ASSETS Current Assets Checking/Savings 0.1000•Cash 0-1011 •UNION COLONY-CHECKING 633,111.62 0.1020•Reserve-Union Colony Bank -43.80 0.1025•UCB-81323161 CD 263,708.80 0-1026•UCB-8132315-CD 201,008.21 0.1032•MMA-UNION COLONY BANK 10,324.79 0-1080•Cash on Hand 100.00 0-1000-Cash-Other 9,029.28 Total 0.1000•Cash 1,117,238.90 Total Checking/Savings 1,117,238.90 Other Current Assets 0-1498•SHORT CHECKS RECEIVED 411.00 Total Other Current Assets 411.00 • Total Current Assets 1,117,649.90 • TOTAL ASSETS 1,11744190 LIABILITIES&EQUITY Liabilities Current Liabilities Other Current Liabilities 0-2200-Payroll Liabilities 0-2210•Federal Withholding 1,772.83 0-2220•RCA-Employee Share 1,458.98 0-2230•FICA-Employer Share 1,458.96 0-2250•State Withholding 277.00 0-2260•State Unemployment SUTA -832.02 0-2280•GARNISHMENT PAYABLE 50.00 Total 0-2200•Payroll Liabilities 4,185.75 0.2300•Net Redemption Deposits Payable 0.2310•Redemption Received 91,278,595.77 0.2320•Redemption Refunded 647,593.52 0-2330•Redemption Paid -91,719,530.68 0-2300•Net Redemption Deposits Payable-Other 18,177.68 Total 0-2300-Net Redemption Deposits Payable 224,836.29 0-2400-Net Cure Deposits Payable 0-2410•Cures Received 3,129,707.40 0-2420•Cures Refunded -10,195.86 0-2430•Cures Paid -3,051,948.55 0-2400•Net Cure Deposits Payable-Other -3,177.12 Total 0-2400•Net Cure Deposits Payable 64,385.87 0.2500•Net Sales Proceeds Payable 0-2510-Sales Received 20,961,241.57 0-2520•Sales Refunded -560,656.87 0-2530•Sales Paid -20,434,077.13 0-2540•Overbids Paid -248,645.61 0-2500•Net Sales Proceeds Payable-Other 108,808.17 Total 0-2500-Net Sales Proceeds Payable -173,329.87 Total Other Current Liabilities 120,078.04 Total Current Liabilities 120,078.04 Total Liabilities 120,078.04 Page 1 COO 12 XVA 69:90 9002/6Z/60 8:28 AM Weld County Public Trustee 04124106 Balance Sheet Accrual Basis As of March 31,2006 Mar 31,06 Equity 0-3100•Fund Balance 849,395.14 0-3200•Beg Fund Balance 12/31/96 32,631.65 Net Income 115,545.07 Total Equity 997,571.86 TOTAL LIABILITIES 8 EQUITY 1,117,649.90 Page 2 too XYd 69 90 9002/6Z/60 8:28 AM Weld County Public Trustee 04/24106 Profit & Loss Accrual Basis January through March 2006 Jan-Mar 06 Income 1.1000•Foreclosure Revenues 1-1110•Foreclosure Receipts 214,801.47 1.1130•Overbid 4.42 1-1300•Public Trustee Fees 648.00 1.1800•Misc.Foreclosure Fees 12,970.63 1-1000•Foreclosure Revenues-Other 336.00 Total 1-1000•Foreclosure Revenues 228,760.52 1-2000•Release Revenues 1-2100•Release Revenues Received 112,363.49 1.2800•Misc.Release Revenues 4.92 1.2000•Release Revenues-Other -9,143.00 Total 1-2000-Release Revenues 103,225.41 14000•Interest Revenues 1.6510•Interest•Reserves 13,530.14 Total 1-6000•Interest Revenues _ 13,530.14 Total Income 345,516.07 Expense 2-1000•Cost of Foreclosures 2-1100•Recording Costs-Foreclosures 11,330.25 2-1400•Publication Expense-Foreclosure 84,457.61 2-1800•Misc.Foreclosure Costs 7,533.15 Total 2-1000•Cost of Foreclosures 103,321.01 2-2000•Cost of Releases 2-2100•Recording Costs-Releases 27,114.25 2-2800•Misc.Release Costs 1,187.50 2.2000•Cost of Releases-Other 31.00 Total 2-2000•Cost of Releases 28,332.75 3-1000•Personnel Expenditures 3-1100•Salaries 56,770.93 3-1300•Employer's Share RCA 4,329.67 3-1700•Retirement Fund Contributions 3,961.80 Total 3-1000•Personnel Expenditures 65,062.40 4.0000.Other Expenditures 4-1250•Equipment Rental&Lease 1,422.00 4.1400•Insurance&Bond 8,252.35 4-1425•Meetings 15.00 4-1800-UTILITIES 1,977.67 4.1450.Office Supplies 7,734.69 4-1500•Postage and Delivery 2,000.00 4-1550•Professional Fees 1,914.90 4-1600•Rent 6,800.00 4.1650•Repair&Maintenance 964.49 4-1700•Telephone 1,383.74 4-1900•Miscellaneous Expense 790.00 Total 4-0000•Other Expenditures 33,254.84 6999•Uncategorized Expenses _ 0.00 Total Expense 229 97100 Net Income 115,545.07 Page 1 GOO ItXVd 6S:90 9002/6Z/60 Hello