HomeMy WebLinkAbout981356.tiff Willard G. Jones
PUBLIC TRUSTEE OF WELD COUNTY
1020 9TH Street,Number 202
Greeley, Colorado 80631
Telephone: (970)352-4365
Fax: (970)352-5091
•
July16, 1998
Mr. Don Warden
County Finance Office Centennial Building
Centennial Building
Greeley, CO 80631
Dear Don:
Enclosed are the Public Trustee's Financial statements for the quarter ending June 30,1998.
Sixty-six foreclosures were filed during this quarter and 4,418 releases were processed .By
comparison ,during the second quarter of 1997,45 foreclosures were filed and 2850 releases were
processed.
If you or the commissioners have questions regarding these reports or the operation of the Public
Trustee's 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 that these reports are acceptable.
Sincerely,
i lar . ones
Weld County Public Trustee
Enclosures
Acknowledged before me this 10 day of July 1998,by Willard G. Jones, Public Trustee,
County of Weld, State of Colorado.
My commission expires: June,6, 2000
Witness my hand and official seal: �-,L - ad/ _7 APR ..
Notary Public *.•-•• � ,`�
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Weld County Public Trustee
07/16/98 Balance Sheet
As of June 30, 1998
Jun 30,'98
ASSETS
Current Assets
Checking/Savings
0-1000•Cash
0-1010•Checking-Union Colony Bank 75,556.20
0-1020•Reserve-Union Colony Bank 21,930.08
0-1030•Escrow-Union Colony Bank 9,358.96
0-1080•Cash on Hand 100.00
Total 0-1000•Cash 106,945.24
Total Checking/Savings 106,945.24
Total Current Assets 106,945.24
TOTAL ASSETS 106,945.24
LIABILITIES&EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
0-2100•Escrow Liability 9,205.61
0-2200•Payroll Liabilities
0-2210•Federal Withholding 1,366.37
0-2220•FICA-Employee Share 473.96
0-2230•FICA-Employer Share 473.96
0-2240•Federal Unemployment Tax-FUTA 33.30
0-2250•State Withholding 997.71
0-2260•State Unemployment SUTA 37.60
Total 0-2200•Payroll Liabilities 3,382.90
0-2300•Net Redemption Deposits Payable
0-2310•Redemption Received 4,147,343.30
0-2320•Redemption Refunded -3,418.40
0-2330•Redemption Paid -4,143,899.46
Total 0-2300•Net Redemption Deposits Payable 25.44
0-2400•Net Cure Deposits Payable
0-2410•Cures Received 184,623.68
0-2430•Cures Paid -181,113.33
Total 0-2400•Net Cure Deposits Payable 3,510.35
0-2500•Net Sales Proceeds Payable
0-2510•Sales Received 1,567,805.19
0-2530•Sales Paid -1,567,797.57
0-2540-Overbids Paid -7.62
Total 0-2500•Net Sales Proceeds Payable 0.00
Total Other Current Liabilities 16,124.30
Total Current Liabilities 16,124.30
Total Liabilities 16,124.30
Equity
0-3100•Fund Balance 22,449.48
Net Income 35,739.82
0-3200•Beg Fund Balance 12/31/96 32,631.64
Total Equity 90,820.94
TOTAL LIABILITIES&EQUITY 106,945.24
Weld County Public Trustee
07/16/98 Statement of Revenues and Expenditures
January through June 1998
Jan-Jun'98
Income
1-1000•Foreclosure Revenues
1-1110•Foreclosure Receipts 33,141.59
1-1120•Refunds-Foreclosure Deposits -1,388.44
1-1300•Public Trustee Fees 9,854.00
1-1800•Misc.Foreclosure Fees 1,094.65
1-1900•Adjustments-Foreclosures 932.64
Total 1-1000•Foreclosure Revenues 43,634.44
1-2000•Release Revenues
1-2100•Release Revenues Received 118,940.65
1-2120•Refunds-Releases -622.45
1-2800•Misc.Release Revenues 216.52
1-2000•Release Revenues-Other 16.00
Total 1-2000•Release Revenues 118,550.72
1-5000•Miscellaneous Revenues/Fees 412.97
1-6000•Interest Revenues
1-6500•Interest-Checking 2,457.97
1-6510•Interest-Reserves 399.55
1-6000•Interest Revenues-Other 69.11
Total 1-6000•Interest Revenues 2,926.63
Total Income 165,524.76
Expense
2-1000•Cost of Foreclosures
2-1100•Recording Costs-Foreclosures 2,507.25
2-1400•Publication Expense-Foreclosure 26,020.23
2-1500•Postage-Foreclosures 1,144.60
2-1800•Misc.Foreclosure Costs 167.61
2-1000•Cost of Foreclosures-Other 29.00
Total 2-1000•Cost of Foreclosures 29,868.69
2-2000•Cost of Releases
2-2100•Recording Costs-Releases 49,462.70
2-2500•Postage-Releases 124.54
2-2800•Misc.Release Costs 11.25
2-2000•Cost of Releases-Other 17.00
Total 2-2000•Cost of Releases 49,615.49
3-1000•Personnel Expenditures
3-1100•Salaries 23,482.80
3-1200•Trustee's Allowance 13,000.01
3-1300•Employer's Share FICA 2,790.98
3-1400•FUTA Tax 172.01
3-1500•SUTA Tax 183.53
3-1600•Empl.Health Insurance 2,240.92
Total 3-1000•Personnel Expenditures 41,870.25
4-0000•Other Expenditures
4-1100•Bank Service Charges 111.62
4-1250•Equipment Rental&Lease 827.75
4-1400•Insurance&Bond 396.73
4-1450•Office Supplies 212.29
4-1500•Postage and Delivery 1,172.16
4-1550•Professional Fees 699.70
4-1600•Rent 2,760.00
4-1650•Repair&Maintenance 1,153.45
4-1700•Telephone 751.73
4-1750•Travel and Conferences 256.09
4-1900•Miscellaneous Expense 88.99
Total 4-0000•Other Expenditures 8,430.51
6999•Uncategorized Expenses 0.00
Total Expense 129,784.94
Weld County Public Trustee
07/16/98 Statement of Revenues and Expenditures
January through June 1998
Jan-Jun'98
Net Income 35,739.82
9513. 1
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