SENATE BILL 03-139 (§ 1-7-908, C.R.S.) NOTICE
SENATE BILL 03-139 (§ 1-7-908, C.R.S.) NOTICE
CENTRAL COLORADO WATER CONSERVANCY DISTRICT
NOTICE IS HEREBY GIVEN by the Board of Directors of the above referenced political subdivision (the “Political Subdivision”) of the information required under Section 1-7-908, Colorado Revised Statutes.
GENERAL FUND INFORMATION
| Year | Revenues | Expenditures | Ending Balance |
|---|---|---|---|
| 2022 | $3,107,681 | $2,304,814 | $7,765,642 |
| 2023 | $4,087,139 | $3,903,208 | $8,165,676 |
| 2024 | $5,246,359 | $7,049,205 | $6,729,180 |
| 2025 | $4,081,177 | $7,160,087 | $3,337,581 |
| 2026 (projected) | $4,589,357 | $6,229,550 | $1,697,388 |
DEBT SERVICE FUND INFORMATION*
| Year | Revenues | Expenditures | Ending Balance |
|---|---|---|---|
| 2022 | $4,024,759 | $9,569,648 | $8,022,331 |
| 2023 | $4,324,400 | $2,803,600 | $9,548,621 |
| 2024 | $4,410,143 | $2,789,761 | $11,168,606 |
| 2025 | $4,256,281 | $6,784,592 | $8,466,692 |
| 2026 (projected) | $4,175,592 | $2,814,000 | $9,828,284 |
SHORT TERM DEBT INFORMATION†
| Year | Amount Incurred During Fiscal Year |
|---|---|
| 2022 | 0 |
| 2023 | 0 |
| 2024 | 0 |
| 2025 | 0 |
| 2026 (projected) | 0 |
* If the Political Subdivision is seeking voter approval for a debt or other financial obligation that is to be paid from a revenue source that is accounted for in a fund other than the Political Subdivision’s General Fund, in addition to providing the information under part 1 above, the Political Subdivision shall also provide the information under this part 2 for such other fund.
† Short term debt means cash-flow debt or other financial obligation that has a term of not more than one year.
Emergency Reserve
The Political Subdivision’s emergency reserve required by Section 20(5) of Article X of the Colorado Constitution is held in the Political Subdivision’s Debt Service Fund.
The Political Subdivision’s emergency reserve fund has been fully funded by cash or investments for the current fiscal year and each of the last four fiscal years.
Financial Information Review
The Political Subdivision’s audited financial statements for the last four fiscal years, any management letters that have been made public and have been provided to the Political Subdivision by its auditors in connection with the preparation of its audits for the last four fiscal years, and the Political Subdivision’s budget for the current fiscal year may be reviewed by any person at the following location or locations:
3209 W 28th Street, Greeley, CO 80634.