NOTICE of FINANCIAL INFORMATION for TRIVIEW METROPOLITAN DISTRICT El Paso County, Colorado
At the election to be held on November 6, 2007, the Triview Metropolitan District (the “District”) is submitting four ballot issues concerning the creation of debt or financial obligations. Pursuant to §1-7-908(1) C.R.S., the following financial information is provided: I. District’s Ending General Fund Balance by Fiscal Year Fiscal Year Ending Balance
2007 (projected) $ 4,454,060 2006 (audited) $ 3,886,674 2005 (audited) $ 2,584,189 2004 (audited) $ 2,273,676 2003 (audited) $ 6,226,170
II. District’s Ending WATER AND WASTEWATER Fund Balance by Fiscal Year Fiscal Year Ending Balance
2007 (projected) $ <6,730,435> 2006 (audited) $ <6,351,359> 2005 (audited) $ <4,871,361> 2004 (audited) $ <4,245,061> 2003 (audited) $ <3,584,510>
III. Total Revenues In and Expenditures From the District’s General Fund by Fiscal Year * Fiscal Year Revenues In Expenditures From
2007 (projected) $ 2,505,779 $ 1,938,393 2006 (audited) $ 11,033,352 $ 9,730,867 2005 (audited) $ 1,526,729 $ 1,216,216 2004 (audited) $ 1,703,943 $ 5,656,437 2003 (audited) $ 10,034,000 $ 4,815,892 ___________ * Increase in revenues in and expenditures from the General Fund for 2003 and 2006 are a result of the issuance by the District of General Obligation Bonds.
IV. Total Revenues In and Expenditures From the District’s WATER AND WASTEWATER Fund by Fiscal Year Fiscal Year Revenues In Expenditures From
2007 (projected) $ 4,741,573 $ 5,120,649 2006 (audited) $ 1,920,373 $ 3,400,371 2005 (audited) $ 2,240,787 $ 2,867,087 2004 (audited) $ 1,999,942 $ 2,660,493 2003 (audited) $ 650,718 $ 1,305,916
V. Amount Incurred by the District for Cash Flow Purposes – by Fiscal Year (Debt or other Financial Obligation with not more than one year term) Fiscal Year Cash Flow Borrowings
2007 (projected) $ 0 2006 (audited) $ 0 2005 (audited) $ 0 2004 (audited) $ 0 2003 (audited) $ 0
VI. The District’s Emergency Reserve Required by § 20(5) of Article X of the Colorado Constitution has been Fully Funded by Cash or Investments for the following Fiscal Years Emergency Reserve Held In Fiscal Year General Fund
2007 (current) Fully Funded_* 2006 (audited) Fully Funded_* 2005 (audited) Fully Funded_* 2004 (audited) Fully Funded_* 2003 (audited) Fully Funded_*
Emergency Reserve Held In Fiscal Year Enterprise Fund
2007 (current) Fully Funded_* 2006 (audited) Fully Funded_* 2005 (audited) Fully Funded_* 2004 (audited) Fully Funded_* 2003 (audited) Fully Funded_*
VII. Any Person may Review the District’s 1. audited Financial Statements for the last four Fiscal Years, 2. any Management Letters made public and provided to the District by the District’s Auditors for the last four Fiscal Years, and 3. the Budget for the current Fiscal Year at the following location: Triview Metropolitan District 174 North Washington P.O. Box 849 Monument, Colorado 80132 Telephone: (719) 488-6868
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