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.
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General Fund Information
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Year
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Revenues
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Expenditures
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Ending Balance
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2014
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$3,149,131
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$2,867,185
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$1,662,620
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2015
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3,847,194
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3,411,548
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2,058,266
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2016
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4,663,392
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4,395,944
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2,325,715
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2017
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6,177,128
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5,047,018
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3,455,825
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2018 (projected)
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6,073,640
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6,461,736
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3,047,329
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1% Sales Tax Fund Information
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Year
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Revenues
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Expenditures
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Ending Balance
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2014
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$596,659
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$307,891
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$1,048,837
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2015
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1,384,400
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482,153
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1,951,084
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2016
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823,926
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431,975
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2,343,035
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2017
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1,283,344
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473,398
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3,152,981
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2018 (projected)
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1,202,412
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622,460
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3,732,933
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Short Term Debt Information†
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Year
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Amount Incurred During Fiscal Year
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2014
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$0
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2015
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0
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2016
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0
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2017
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0
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2018 (projected)
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0
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† 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
Mon, Dec 17, Clear, 28ºF