HomeMy WebLinkAbout980729.tiff VELD COU ':TY
11 Willard G. Jones
Er '" -7 `•A W1' PUBLIC TRUSTEE OF WELD COUNTY
nc
1020 9TH Street,Number 202
�,[..Enc� Greeley, Colorado 80631
T9 r: Er, Telephone: (970)352-4365
Fax: (970) 352-5091
•
April 7, 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 March 31,1998.
Fifty-one foreclosures were filed during this quarter and 3,562 releases were processed. By
comparison, during the first quarter of 1997, 52 foreclosures were filed and 2674 releases were
processed.
If you or the commissioners have any 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,
z1 /
Willard G. Jones
Weld County Public Trustee
Enclosures
Acknowledged before me this 7 day of April 1998, by Willard G. Jones, Public Trustee, County
of Weld, State of Colorado.
My commission expires: June 6, 200Q O .
Witness my hand and official seal: �+� v CLl -Laic DONNA SCHMIDT
Notary Public wt.
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`\,yl 980729 F�F.• ��O`�`
Weld County Public Trustee
04/06/98 Balance Sheet
As of March 31, 1998
Mar 31,'98
ASSETS
Current Assets
Checking/Savings
0.1000•Cash
0-1010•Checking-Union Colony Bank 241,087.50
0-1020•Reserve-Union Colony Bank 21,662.30
0-1030• Escrow-Union Colony Bank 9,364.85
0-1080-Cash on Hand100.00
Total 0-1000•Cash 272,214.65
Total Checking/Savings
272,214.65
Total Current Assets 272,214.65
TOTAL ASSETS 272,214.65
LIABILITIES&EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
0-2100-Escrow Liability 9,205.61
0-2200• Payroll Liabilities
0-2210•Federal Withholding 1,366.90
0-2220•FICA-Employee Share 461.07
0-2230•FICA-Employer Share 461.07
0-2240•Federal Unemployment Tax-FUTA 138.71
0-2250•State Withholding 992.40
0-2260•State Unemployment SUTA 71.85
Total 0-2200•Payroll Liabilities 3,492.00
0-2300•Net Redemption Deposits Payable
0-2310• Redemption Received 3,383,487.05
0-2320•Redemption Refunded -5,797.89
0-2330• Redemption Paid -3,192,209.91
Total 0-2300• Net Redemption Deposits Payable 185,479.25
0-2400• Net Cure Deposits Payable
0.2410•Cures Received 162,061.61
0-2420-Cures Refunded -619.15
0-2430•Cures Paid -156,474.65
Total 0-2400•Net Cure Deposits Payable — 4,967.81
0-2500•Net Sales Proceeds Payable
0-2510•Sales Received 1,381,882.10
0-2520•Sales Refunded -151,739.37
0-2530•Sales Paid -1,186,265.87
0-2540•Overbids Paid -41261.70
Total 0-2500• Net Sales Proceeds Payable 2,615.16
Total Other Current Liabilities 205,759.83
Total Current Liabilities
205,759.83
Total Liabilities
205,759.83
Equity
0-3100• Fund Balance
Net Income 22,435.48
0-3200• Beg Fund Balance 12/31/96 11,387.70
32,631.64
Total Equity
66,454.82
TOTAL LIABILITIES&EQUITY 272,214.65
Weld County Public Trustee
04/06/98 Statement of Revenues and Expenditures
January through March 1998
Jan-Mar'98
Income
1-1000•Foreclosure Revenues
1.1110•Foreclosure Receipts 14,418.79
1-1120•Refunds-Foreclosure Deposits -441.09
1-1300• Public Trustee Fees 4,188.00
1-1800•Misc. Foreclosure Fees 252.50
1.1900•Adjustments-Foreclosures 932.64
Total 1.1000•Foreclosure Revenues 19,350.84
1-2000• Release Revenues
1-2100-Release Revenues Received 51,225.65
1.2120•Refunds-Releases -150.45
1.2800•Misc. Release Revenues 132.97
1.2000• Release Revenues-Other 16.00
Total 1-2000•Release Revenues 51,224 17
1-5000• Miscellaneous Revenues/Fees 400.74
1-6000•Interest Revenues
1-6500•Interest-Checking 1,148.17
1.6510•Interest-Reserves 199.61
Total 1-6000• Interest Revenues 1,347.78
Total Income
72,323.53
Expense
2-1000•Cost of Foreclosures
2.1100-Recording Costs-Foreclosures 862.00
2.1400• Publication Expense-Foreclosure 12,531.25
2-1500•Postage-Foreclosures 205.29
2-1800-Misc.Foreclosure Costs 6.00
2-1000•Cost of Foreclosures-Other 29.00
Total 2-1000•Cost of Foreclosures 13,633.54
2-2000•Cost of Releases
2-2100• Recording Costs-Releases 21,840.70
2.2500•Postage-Releases 124.54
2-2000•Cost of Releases-Other 11.00
Total 2.2000•Cost of Releases 21,976.24
3-1000• Personnel Expenditures
3.1100-Salaries 11,460.90
3-1200•Trustee's Allowance 6,500.00
3.1300•Employer's Share FICA 1,374.03
3-1400•FUTA Tax 138.71
3-1500•SUTA Tax 145.93
3.1600•Empl.Health Insurance 1,074.66
Total 3-1000•Personnel Expenditures 20,694.23
4-0000•Other Expenditures
4-1100•Bank Service Charges 61.06
4-1250•Equipment Rental&Lease 285.00
4-1400• Insurance&Bond 396.73
4-1450-Office Supplies 212.29
4-1500• Postage and Delivery 172.16
4.1550•Professional Fees 434.70
4-1600• Rent 1,380.00
4-1650•Repair&Maintenance 901.95
4-1700•Telephone 570.94
4-1750•Travel and Conferences 128.00
4-1900•Miscellaneous Expense 88.99
Total 4-0000•Other Expenditures 4,631.82
6999• Uncategorized Expenses 0.00
Total Expense 60,935.83
Net Income 11,387.70
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