10:18 AM Town of Blue River

12/19/10 Profit & Loss Budget vs. Actual

Cash Basis January 1 through December 21, 2010

Jan 1 - Dec 21, 10 Budget $ Over Budget % of Budget

Income
Homestead Tax 0.00 980.00 -980.00 0.0%
General Property Tax 577,472.38 581,760.00 -4,287.62 99.3%
Delinquent Taxes -1,895.58 0.00 -1,895.58 100.0%
Specific Ownership Tax 20,556.00 24,000.00 -3,444.00 85.7%
Motor Vehicle License Fees 3,191.50 3,000.00 191.50 106.4%
Sales Tax 61,839.53 53,000.00 8,839.53 116.7%
Cigarette Tax 184.20 140.00 44.20 131.6%
Highway User's Tax 36,959.98 38,373.00 -1,413.02 96.3%
Road & Bridge 20,959.27 18,000.00 2,959.27 116.4%
Architectural Review Fees 1,025.00 600.00 425.00 170.8%
Building Inspection Dept 34,201.25 50,000.00 -15,798.75 68.4%
Muncipal Court Fines 8,149.00 9,000.00 -851.00 90.5%
Boat Decals 245.00 80.00 165.00 306.3%
Interest on Investments 688.09 2,000.00 -1,311.91 34.4%
Interest on Taxes 858.39 250.00 608.39 343.4%
Conservation Trust Fund 5,078.75 0.00 5,078.75 100.0%
Donations 2,300.00 0.00 2,300.00 100.0%
Natural Gas Franchise 33,072.48 30,000.00 3,072.48 110.2%
Lodging Tax Registration 1,600.00 0.00 1,600.00 100.0%
Miscellaneous Income 33,890.46 1,000.00 32,890.46 3,389.0%
Total Income 840,375.70 812,183.00 28,192.70 103.5%
Expense
Town Hall Expense
Natural Gas 1,943.06 2,200.00 -256.94 88.3%
Cable 817.95 720.00 97.95 113.6%
Electricity 1,193.08 2,000.00 -806.92 59.7%
Water/Sewer 888.00 876.00 12.00 101.4%
Trash 366.00 600.00 -234.00 61.0%
Repairs & Maintenance 213.00 500.00 -287.00 42.6%
Grounds & Snow Removal 2,762.91 2,000.00 762.91 138.1%
Cleaning 945.00 1,000.00 -55.00 94.5%
Supplies 151.57 500.00 -348.43 30.3%
Total Town Hall Expense 9,280.57 10,396.00 -1,115.43 89.3%
General Government
Administration Salaries & Fees
Salary - Elected Officials 14,400.00 14,400.00 0.00 100.0%
Salary - Town Clerk 21,742.90 23,000.00 -1,257.10 94.5%
Salary - Building Inspector 39,927.49 47,500.00 -7,572.51 84.1%
Soc Sec/Medicare 7,427.45 8,300.00 -872.55 89.5%
Workman's Comp 1,168.00 600.00 568.00 194.7%
Town Attorney 36,058.75 18,000.00 18,058.75 200.3%
Accounting 10,306.40 10,000.00 306.40 103.1%
Auditor 4,800.00 4,800.00 0.00 100.0%
Total Administration Salaries & Fees 135,830.99 126,600.00 9,230.99 107.3%
Dues & Meeting 6,120.22 3,500.00 2,620.22 174.9%
Office Supplies 1,109.49 700.00 409.49 158.5%
Telephone 1,191.21 950.00 241.21 125.4%
Publishing 1,191.13 1,000.00 191.13 119.1%
Website 1,899.70 1,400.00 499.70 135.7%
Printing and Reproduction 1,153.05 500.00 653.05 230.6%
Lodging Tax Administration 438.00 0.00 438.00 100.0%
Postage and Delivery 166.13 700.00 -533.87 23.7%
Insurance 5,952.00 6,900.00 -948.00 86.3%
Cnty Treasurer's Fees 11,528.73 9,800.00 1,728.73 117.6%
Bank Service Charges 40.00 50.00 -10.00 80.0%
Professional Fees 5,296.40 0.00 5,296.40 100.0%
Travel & Ent 278.88 500.00 -221.12 55.8%
CML 982.00 1,000.00 -18.00 98.2%
Codifying 266.10 1,000.00 -733.90 26.6%

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10:18 AM Town of Blue River
12/19/10 Profit & Loss Budget vs. Actual
Cash Basis January 1 through December 21, 2010

Jan 1 - Dec 21, 10 Budget $ Over Budget % of Budget

Elections 991.01 500.00 491.01 198.2%
Miscellaneous 0.00 200.00 -200.00 0.0%
Total General Government 174,435.04 155,300.00 19,135.04 112.3%
Municipal Court
Municipal Judge 6,500.04 6,500.00 0.04 100.0%
Clerk - Municipal Court 7,200.00 7,200.00 0.00 100.0%
Prosecutor 6,600.00 6,600.00 0.00 100.0%
Court Administration 296.67 1,000.00 -703.33 29.7%
Total Municipal Court 20,596.71 21,300.00 -703.29 96.7%
Public Safety
Summit County Sheriff/Marshall 86,000.00 80,000.00 6,000.00 107.5%
Extra Deputy Patrols 4,775.00 4,000.00 775.00 119.4%
Animal Shelter 335.00 500.00 -165.00 67.0%
Communication 4,055.00 0.00 4,055.00 100.0%
HASMAT 1,276.30 1,500.00 -223.70 85.1%
Total Public Safety 96,441.30 86,000.00 10,441.30 112.1%
Public Works
Building Inspector 2,484.40 0.00 2,484.40 100.0%
Street/Road Manager 0.00 5,000.00 -5,000.00 0.0%
Street Lights Utilities 1,860.69 1,700.00 160.69 109.5%
Snow Removal 146,200.00 156,000.00 -9,800.00 93.7%
Street Maintenance 50,737.11 50,000.00 737.11 101.5%
Engineering 0.00 1,000.00 -1,000.00 0.0%
Signs 356.13 10,000.00 -9,643.87 3.6%
Tarn Improvements 5,300.00 7,500.00 -2,200.00 70.7%
Forest Improvements 2,830.00 5,000.00 -2,170.00 56.6%
Blue River Road Project 454,354.02 450,000.00 4,354.02 101.0%
Town Park Project 20,227.56 0.00 20,227.56 100.0%
Total Public Works 684,349.91 686,200.00 -1,850.09 99.7%
Contingency Reserve 0.00 -147,013.00 147,013.00 0.0%
Total Expense 985,103.53 812,183.00 172,920.53 121.3%

Net Income -144,727.83 0.00 -144,727.83 100.0%

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10:18 AM Town of Blue River
12/19/10 Profit & Loss YTD Comparison
Cash Basis December 1 - 21, 2010

Dec 1 - 21, 10 Jan 1 - Dec 21, 10

Income
General Property Tax 120.64 577,472.38
Delinquent Taxes 0.00 -1,895.58
Specific Ownership Tax 1,472.00 20,556.00
Motor Vehicle License Fees 235.50 3,191.50
Sales Tax 0.00 61,839.53
Cigarette Tax 0.00 184.20
Highway User's Tax 0.00 36,959.98
Road & Bridge 0.00 20,959.27
Architectural Review Fees 100.00 1,025.00
Building Inspection Dept 2,479.25 34,201.25
Muncipal Court Fines 365.00 8,149.00
Boat Decals 0.00 245.00
Interest on Investments 0.00 688.09
Interest on Taxes 9.65 858.39
Conservation Trust Fund 0.00 5,078.75
Donations 0.00 2,300.00
Natural Gas Franchise 0.00 33,072.48
Lodging Tax Registration 1,600.00 1,600.00
Miscellaneous Income 0.00 33,890.46
Total Income 6,382.04 840,375.70
Expense
Town Hall Expense
Natural Gas 227.74 1,943.06
Cable 60.00 817.95
Electricity 0.00 1,193.08
Water/Sewer 0.00 888.00
Trash 0.00 366.00
Repairs & Maintenance 0.00 213.00
Grounds & Snow Removal 147.50 2,762.91
Cleaning 60.00 945.00
Supplies 0.00 151.57
Total Town Hall Expense 495.24 9,280.57
General Government
Administration Salaries & Fees
Salary - Elected Officials 1,200.00 14,400.00
Salary - Town Clerk 1,446.00 21,742.90
Salary - Building Inspector 880.98 39,927.49
Soc Sec/Medicare 403.77 7,427.45
Workman's Comp 509.00 1,168.00
Town Attorney 2,322.00 36,058.75
Accounting 1,280.00 10,306.40
Auditor 0.00 4,800.00
Total Administration Salaries & Fees 8,041.75 135,830.99
Dues & Meeting 1,768.05 6,120.22
Office Supplies 194.82 1,109.49
Telephone 152.84 1,191.21
Publishing 133.58 1,191.13
Website 0.00 1,899.70
Printing and Reproduction 165.00 1,153.05
Lodging Tax Administration 163.00 438.00
Postage and Delivery 0.00 166.13
Insurance 0.00 5,952.00
Cnty Treasurer's Fees 2.61 11,528.73
Bank Service Charges 0.00 40.00
Professional Fees 0.00 5,296.40
Travel & Ent 93.23 278.88
CML 0.00 982.00
Codifying 0.00 266.10
Elections 991.01 991.01
Total General Government 11,705.89 174,435.04

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10:18 AM Town of Blue River
12/19/10 Profit & Loss YTD Comparison
Cash Basis December 1 - 21, 2010

Dec 1 - 21, 10 Jan 1 - Dec 21, 10

Municipal Court
Municipal Judge 541.67 6,500.04
Clerk - Municipal Court 600.00 7,200.00
Prosecutor 550.00 6,600.00
Court Administration 71.00 296.67
Total Municipal Court 1,762.67 20,596.71
Public Safety
Summit County Sheriff/Marshall 25,000.00 86,000.00
Extra Deputy Patrols 0.00 4,775.00
Animal Shelter 0.00 335.00
Communication 0.00 4,055.00
HASMAT 0.00 1,276.30
Total Public Safety 25,000.00 96,441.30
Public Works
Building Inspector 1,592.40 2,484.40
Street Lights Utilities 217.41 1,860.69
Snow Removal 23,000.00 146,200.00
Street Maintenance 515.25 50,737.11
Signs 0.00 356.13
Tarn Improvements 0.00 5,300.00
Forest Improvements 0.00 2,830.00
Blue River Road Project 4,142.05 454,354.02
Town Park Project 0.00 20,227.56
Total Public Works 29,467.11 684,349.91

Total Expense 68,430.91 985,103.53

Net Income -62,048.87 -144,727.83

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10:19 AM Town of Blue River
12/19/10 Balance Sheet
Cash Basis As of December 21, 2010

Dec 21, 10
ASSETS
Current Assets
Checking/Savings
Operating - Alpine Bank 7,575.55
Reserve1 - Alpine Bank 241,220.82
Reserve2 - Alpine Bank 86,170.09
Conservation Trust-Alpine Bank 101,421.83
Colorado Trust 103.58
CSAFE 100.00
Total Checking/Savings 436,591.87
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 1,022,635.17

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 2,122,280.23

LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
FICA Payable 807.54
Fed W/H Payable 84.10
Colo W/H Payable 535.00
Reserve for McCullough Gulch 772.53
Bonds--hold & refund 6,710.00
Deferred Revenue - Property Tax 581,760.00
Total Other Current Liabilities 590,669.17

Total Current Liabilities 590,669.17

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

Total Liabilities 595,085.95

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 479,680.87
Net Income -144,727.83
Total Equity 1,527,194.28

TOTAL LIABILITIES & EQUITY 2,122,280.23

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