HomeMy WebLinkAbout992673.tiff - r r.1 2L1
October 26, 1999
Mr.Don Warden
County Finance Office
Centennial Building
Greeley,CO 80631
Dear Don:
Enclosed are the Public Trustee's financial statements for the quarter and nine months ended September
30, 1999.
If you or the commissioners have questions regarding these reports or 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;
_/ dl l
/ / /,( u' r .' � '.Oe
Maly He
Weld Co my Public Tru ee
Enclosures
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GL 992673
Weld County Public Trustee
10/25/99 Balance Sheet
As of September 30, 1999
Sep 30,'99
ASSETS
Current Assets
Checking/Savings
0-1000•C:ash
0-1015•Checking-Eaton Bank 69,538.20
0-1020• Reserve-Union Colony Bank 22,815.55
0-1030• Escrow-Union Colony Bank 9,636.44
0-1031 • Escrow-Eaton Bank 140,802.93
0-1080•Cash on Hand 100.00
0-1000•Cash-Other 297.40
Total 0.1000•Cash 243,190.52
Total Checking/Savings 243,190.52
Other Current Assets
0-1498•SHORT CHECKS RECEIVED 19.00
Total Other Current Assets 19.00
Total Current Assets 243,209.52
TOTAL ASSETS 243,209.52
LIABILITIES&EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
0.2100•Escrow Liability 9,205.61
0-2200•Payroll Liabilities
0.2210• Federal Withholding 1.776.38
0-2220• FICA-Employee Share 3.329.50
0-2230• FICA-Employer Share 3.329.49
0-2240• Federal Unemployment Tax-FUTA 195.49
0-2250•State Withholding 1.510.00
0-2260-State Unemployment SUTA 39.02
0-2200-Payroll Liabilities-Other -1..538.77
Total 0-2200-Payroll Liabilities 8,641.11
0-2300•Net Redemption Deposits Payable
0-2310•Redemption Received 8,295,312.61
0-2320•Redemption Refunded 53,281.93
0-2330•Redemption Paid -9,617,614.50
0-2300•Net Redemption Deposits Payable-Other 1,287 928.64
Total 0-2300•Net Redemption Deposits Payable 18,908.68
0-2400•Net Cure Deposits Payable
0-2410•Cures Received 290.087.77
0-2420•Cures Refunded -4.458.38
0-2430•Cures Paid -336.644.02
0-2400• Net Cure Deposits Payable-Other -3,177.12
Total 0-2400• Net Cure Deposits Payable -54,191.75
0-2500•Net Sales Proceeds Payable
0-2510•Sales Received 2,567,247.82
0-2520•Sales Refunded -235.12
0-2530•Sales Paid -2,472,176.74
0-2540•Overbids Paid -14,510.21
0.2500• Net Sales Proceeds Payable-Other -35,646.03
Total 0.2500• Net Sales Proceeds Payable 44,679.72
Total Other Current Liabilities 27,24:3.37
Total Current Liabilities 27,243 37
Total Liabilities 27,243.37
Equity
Page 1
Weld County Public Trustee
10/25/99 Balance Sheet
As of September 30, 1999
Sep 30,'99
0-3100•Fund Balance 110,475.58
Net Income 72,858.93
0-3200•Beg Fund Balance 12/31/96 32,631.64
Total Equity 215,966.15
TOTAL LIABILITIES&EQUITY 243,209.52
Page 2
Weld County Public Trustee
10/25/99 Profit and Loss
July through September 1999
Jul-Sep'99 Jan-Sep'99
Income
1-1000' Foreclosure Revenues
1-1110•Foreclosure Receipts 200.00 24,357.34
1-1120• Refunds Foreclosure Deposits 0.00 -1,291.42
1-1300• Public Trustee Fees 0.00 2,512.63
1-1800• Misc.Foreclosure Fees 25.00 120.00
1-1900•Adjustments-Foreclosures 0.00 -5,881.67
1-1000• Foreclosure Revenues-Other 27,857.35 73,420.52
Total 1-1000•Foreclosure Revenues 28,082.35 93,237.40
1.2000-Release Revenues
1-2100• Release Revenues Received 564.00 37,585.52
1-2120' Refunds-Releases -35.00 -10,088.40
1-2800' Misc.Release Revenues 64.91 125.48
1-2000' Release Revenues-Other 64,865.02 150,373.80
Total 1-2000• Release Revenues 65,458.93 177.996.40
1.5000•Miscellaneous Revenues/Fees 125.00 200.08
1-6000•Interest Revenues
1-6500'Interest-Checking 2,120.06 5,895.40
1-6510-Interest-Reserves 191.76 508.06
1-6000•Interest Revenues-Other 53.48 158.40
Total 1-6000 Interest Revenues 2,365.30 6.561.86
Total Income 96,031.58 277.995.74
Expense
2-1000•Cost of Foreclosures
2-1100• Recording Costs-Foreclosures 40.00 1,402.00
2-1400• Publication Expense-Foreclosure 1,311.20 7,863.08
2.1500• Postage-(Foreclosures 0.00 363.33
2-1800• Misc.Foreclosure Costs 304.56 661.29
2-1000'Cost of Foreclosures-Other 18,152.82 40,377.40
Total 2.1000'Cost of Foreclosures 19,808.58 50,667.10
2-2000'Cost of Releases
2-2100 Recording Costs-Releases 21,293.75 48,760.50
2-2500'Postage-Releases 0.00 16.00
2-2800'Misc. Release Costs 686.75 1,120.03
2-2000'Cost of Releases-Other 2,762.50 4,081.50
Total 2.2000'Cost of Releases 24,743.00 53.978.03
3-1000•Personnel Expenditures
3-1100'Salaries 20,551.92 56,816.09
3-1200'Trustee's Allowance 0.00 2,666.67
3-1300•Employer's Share FICA 2,285.28 4,536.90
3-1400'FUTA Tax 4,508.81 6,534.45
3-1500•SUTA Tax 63.03 214.57
3-1600• Empl.Health Insurance 0.00 2,099.91
3-1000' Personnel Expenditures-Other 0.00 716.62
Total 3-1000• Personnel Expenditures 27,409.04 73,585.21
4-0000•Other Expenditures
4-1100'Bank Service Charges 27.29 140.17
4-1150'Dues and Subscriptions 0.00 675.00
4-1200'Equipment Purchase 2,829.39 4,134.46
4-1400• Insurance&Bond 2,158.81 3,398.35
4-1425' Meetings 0.00 75.00
4-1450•Office Supplies 1,303.79 2,393.77
4-1500• Postage and Delivery 1,489.00 3,415.00
4-1550' Professional Fees 407.00 1,164.50
4-1600'Rent 2,685.00 6,340.00
4-1650•Repair&Maintenance 96.00 138.12
4-1700'Telephone 1,138.36 2,247 46
4-1750•Travel arid Conferences 102.00 394.00
4-1900- Miscellaneous Expense 1,865.89 2,291.00
Page 1
Weld County Public Trustee
10/25/99 Profit and Loss
July through September 1999
Jul-Sep'99 Jan-Sep'99
4-0000•Other Expenditures-Other 90.64 87.64
Total 4-0000•Other Expenditures 14,193.17 26,894.47
6999•Uncategorized Expenses 0.00 12.00
Total Expense 86,153.79 205,136.81
Net Income 9,877.79 72,858.93
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