9:04 AM Town of Blue River

01/17/11 Profit & Loss

Cash Basis January 1 - 18, 2011

Jan 1 - 18, 11
Income
General Property Tax -313.63
Specific Ownership Tax 1,697.00
Motor Vehicle License Fees 300.80
Road & Bridge 247.09
Architectural Review Fees 50.00
Building Inspection Dept 335.00
Muncipal Court Fines 509.00
Interest on Taxes -28.23
Lodging Tax Registration 3,600.00
Total Income 6,397.03
Expense
Town Hall Expense
Natural Gas 230.42
Water/Sewer 225.00
Grounds & Snow Removal 170.00
Cleaning 60.00
Total Town Hall Expense 685.42
General Government
Administration Salaries & Fees
Salary - Elected Officials 1,200.00
Salary - Town Clerk 1,446.00
Salary - Road Manager 416.67
Soc Sec/Medicare 368.32
Town Attorney 1,116.00
Accounting 970.00
Total Administration Salaries & Fees 5,516.99
Dues & Meeting 53.24
Telephone 25.00
Publishing 147.64
Website 23.94
Printing and Reproduction 111.05
Insurance 1,608.75
Cnty Treasurer's Fees -6.84
CML 982.00
Total General Government 8,461.77
Municipal Court
Municipal Judge 541.67
Clerk - Municipal Court 600.00
Prosecutor 550.00
Court Administration 75.37
Total Municipal Court 1,767.04
Public Safety
Animal Shelter 85.00
Total Public Safety 85.00
Public Works
Building Inspector 268.00
Street Lights Utilities 140.38
Snow Removal 23,000.00
Town Park Project 2,245.68
Total Public Works 25,654.06

Total Expense 36,653.29

Net Income -30,256.26

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9:05 AM Town of Blue River
01/17/11 Balance Sheet
Cash Basis As of January 18, 2011

Jan 18, 11
ASSETS
Current Assets
Checking/Savings
Operating - Alpine Bank 10,069.70
Reserve1 - Alpine Bank 241,222.87
Reserve2 - Alpine Bank 46,171.04
Conservation Trust-Alpine Bank 102,960.81
Colorado Trust 103.58
CSAFE 100.00
Total Checking/Savings 400,628.00
Other Current Assets
Illiquid Trust Funds 2,015.84
Cash with the County Treasurer 2,267.46
Property Taxes Receivable 581,760.00
Total Other Current Assets 586,043.30

Total Current Assets 986,671.30

Fixed Assets
Town Hall 371,456.77
Furniture & Equipment 13,845.75
Computer Equipment 2,391.88
Vehicles 31,596.00
Accumulated Depreciation -87,580.16
Land 128,870.00
Streets 574,545.04
Total Fixed Assets 1,035,125.28
Other Assets
Construction in Progress 64,519.78
Total Other Assets 64,519.78

TOTAL ASSETS 2,086,316.36

LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
FICA Payable 640.36
Fed W/H Payable 165.10
Colo W/H Payable 72.00
Reserve for McCullough Gulch 772.53
Bonds--hold & refund 6,710.00
Deferred Revenue - Property Tax 581,760.00
Total Other Current Liabilities 590,119.99

Total Current Liabilities 590,119.99

Long Term Liabilities
Auto Loan-Summit County 4,416.78
Total Long Term Liabilities 4,416.78

Total Liabilities 594,536.77

Equity
Invested in Capital Assets, Net 1,073,850.00
Fund Balance - Amendment 1 22,241.00
Fund Balance - Conservation Trs 96,150.24
General Fund Balance 329,794.61
Net Income -30,256.26
Total Equity 1,491,779.59

TOTAL LIABILITIES & EQUITY 2,086,316.36

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9:22 AM Town of Blue River
01/17/11 Profit & Loss Budget vs. Actual
Cash Basis January 2011

Jan 11 Budget $ Over Budget % of Budget

Income
General Property Tax -313.63 616,853.00 -617,166.63 -0.1%
Specific Ownership Tax 1,697.00 24,000.00 -22,303.00 7.1%
Motor Vehicle License Fees 300.80 3,000.00 -2,699.20 10.0%
Sales Tax 0.00 90,000.00 -90,000.00 0.0%
Cigarette Tax 0.00 200.00 -200.00 0.0%
Highway User's Tax 0.00 39,000.00 -39,000.00 0.0%
Road & Bridge 247.09 22,000.00 -21,752.91 1.1%
Architectural Review Fees 50.00 1,000.00 -950.00 5.0%
Building Inspection Dept 335.00 30,000.00 -29,665.00 1.1%
Muncipal Court Fines 509.00 8,000.00 -7,491.00 6.4%
Boat Decals 0.00 120.00 -120.00 0.0%
Interest on Investments 0.00 800.00 -800.00 0.0%
Interest on Taxes -28.23 50.00 -78.23 -56.5%
Donations 0.00 2,300.00 -2,300.00 0.0%
Natural Gas Franchise 0.00 40,000.00 -40,000.00 0.0%
Lodging Tax Registration 3,600.00
GOCO Grant 0.00 96,250.00 -96,250.00 0.0%
Miscellaneous Income 0.00 1,000.00 -1,000.00 0.0%
Total Income 6,397.03 974,573.00 -968,175.97 0.7%
Expense
Town Hall Expense
Natural Gas 230.42 2,200.00 -1,969.58 10.5%
Cable 0.00 720.00 -720.00 0.0%
Electricity 0.00 2,000.00 -2,000.00 0.0%
Water/Sewer 225.00 876.00 -651.00 25.7%
Trash 0.00 400.00 -400.00 0.0%
Repairs & Maintenance 0.00 500.00 -500.00 0.0%
Grounds & Snow Removal 170.00 2,200.00 -2,030.00 7.7%
Cleaning 60.00 1,000.00 -940.00 6.0%
Supplies 0.00 500.00 -500.00 0.0%
Total Town Hall Expense 685.42 10,396.00 -9,710.58 6.6%
General Government
Administration Salaries & Fees
Salary - Elected Officials 1,200.00 14,400.00 -13,200.00 8.3%
Salary - Town Clerk 1,446.00 23,000.00 -21,554.00 6.3%
Salary - Road Manager 416.67
Soc Sec/Medicare 368.32 6,700.00 -6,331.68 5.5%
Workman's Comp 0.00 700.00 -700.00 0.0%
Town Attorney 1,116.00 25,000.00 -23,884.00 4.5%
Accounting 970.00 10,000.00 -9,030.00 9.7%
Auditor 0.00 4,800.00 -4,800.00 0.0%
Total Administration Salaries & Fees 5,516.99 84,600.00 -79,083.01 6.5%
Dues & Meeting 53.24 4,500.00 -4,446.76 1.2%
Office Supplies 0.00 900.00 -900.00 0.0%
Telephone 25.00 950.00 -925.00 2.6%
Publishing 147.64 600.00 -452.36 24.6%
Newsletters 0.00 500.00 -500.00 0.0%
Website 23.94 1,000.00 -976.06 2.4%
Printing and Reproduction 111.05 500.00 -388.95 22.2%
Postage and Delivery 0.00 250.00 -250.00 0.0%
Insurance 1,608.75 6,435.00 -4,826.25 25.0%
Cnty Treasurer's Fees -6.84 11,000.00 -11,006.84 -0.1%
Bank Service Charges 0.00 50.00 -50.00 0.0%
Professional Fees 0.00 2,500.00 -2,500.00 0.0%
Travel & Ent 0.00 1,500.00 -1,500.00 0.0%
CML 982.00 982.00 0.00 100.0%
Codifying 0.00 500.00 -500.00 0.0%
Elections 0.00 500.00 -500.00 0.0%
Total General Government 8,461.77 117,267.00 -108,805.23 7.2%
Municipal Court
Municipal Judge 541.67 6,500.00 -5,958.33 8.3%
Clerk - Municipal Court 600.00 7,200.00 -6,600.00 8.3%
Prosecutor 550.00 6,600.00 -6,050.00 8.3%
Court Administration 75.37 500.00 -424.63 15.1%
Total Municipal Court 1,767.04 20,800.00 -19,032.96 8.5%

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9:22 AM Town of Blue River
01/17/11 Profit & Loss Budget vs. Actual
Cash Basis January 2011

Jan 11 Budget $ Over Budget % of Budget

Public Safety
Summit County Sheriff/Marshall 0.00 80,000.00 -80,000.00 0.0%
Animal Shelter 85.00 800.00 -715.00 10.6%
Communication 0.00 4,050.00 -4,050.00 0.0%
HASMAT 0.00 1,500.00 -1,500.00 0.0%
Auto Repair & Maintenance 0.00 5,000.00 -5,000.00 0.0%
Total Public Safety 85.00 91,350.00 -91,265.00 0.1%
Public Works
Building Inspector 268.00 30,000.00 -29,732.00 0.9%
Street/Road Manager 0.00 5,000.00 -5,000.00 0.0%
Street Lights Utilities 140.38 2,000.00 -1,859.62 7.0%
Snow Removal 23,000.00 150,000.00 -127,000.00 15.3%
Street Maintenance 0.00 50,000.00 -50,000.00 0.0%
Signs 0.00 5,000.00 -5,000.00 0.0%
Tarn Improvements 0.00 5,000.00 -5,000.00 0.0%
Forest Improvements 0.00 7,500.00 -7,500.00 0.0%
Town Park Project 2,245.68 152,500.00 -150,254.32 1.5%
Total Public Works 25,654.06 407,000.00 -381,345.94 6.3%
Contingency Reserve 0.00 327,760.00 -327,760.00 0.0%
Total Expense 36,653.29 974,573.00 -937,919.71 3.8%

Net Income -30,256.26 0.00 -30,256.26 100.0%

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