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Election Notice

Post Date:10/05/2018 3:41 PM

SENATE BILL 03-139 (§ 1-7-908, C.R.S.) NOTICE

 

BERTHOUD (TOWN OF)

 

NOTICE IS HEREBY GIVEN by the Board of Trustees 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

 

 

 

 

2014

$3,149,131

$2,867,185

$1,662,620

2015

3,847,194

3,411,548

2,058,266

2016

4,663,392

4,395,944

2,325,715

2017

6,177,128

5,047,018

3,455,825

2018 (projected)

6,073,640

6,461,736

3,047,329

 

1% Sales Tax Fund Information

 

Year

Revenues

Expenditures

Ending Balance

 

 

 

 

2014

$596,659

$307,891

$1,048,837

2015

1,384,400

482,153

1,951,084

2016

823,926

431,975

2,343,035

2017

1,283,344

473,398

3,152,981

2018 (projected)

1,202,412

622,460

3,732,933

 

Short Term Debt Information

Year

Amount Incurred During Fiscal Year

 

 

2014

$0

2015

0

2016

0

2017

0

2018 (projected)

0

 

 

† Represents short term debt or other financial obligations incurred for cash-flow purposes that have 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 General 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:

 

Town of Berthoud Town Hall

807 Mountain Avenue

Berthoud, Colorado 80513

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