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For the Yeai• Ended Decembei• 31, 2022
Dou las Count Colo�ado
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BOARD OF COUNTY COMMISSIONERS
Abe Laydon, District 1
George Teal, District 2
Lora Thomas, District 3
COUNTY MANAGER
Douglas J. DeBord
DIRECTOR OF FINANCE
N. Andrew Copland
ASSISTANT DIRECTOR OF FINANCE
Christie Guthrie
100 Third Street, Castle Rock, Colorado 80104
(303) 660-7400
Annual Com �ehensive
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Fin an cial Re o�t
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DOUGLAS COUNTY, COLORADO
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Fo� The Yea� Ended
Decembe� 31 2022
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Prepared by the
Finance Department
Member of Government Finance Officers Association
of The United States and Canada
DOUGLAS COUNTY, COLORADO
Annual Comprehensive Financial Report
Year Ended December 31,2022
Table of Contents
Page
Introductory Section (Not Subjected to Auditing Procedures)
Letter of Transmittal 1
Douglas County Government Organization 8
Certificate of Achievement for Excellence in Financial Reporting 11
Financial Section
Independent Auditor's Report 12
Management's Discussion and Analysis 16
Basic Financial Statements:
Government-wide Financial Statements:
Statement of Net Position 36
Statement of Activities 37
Governmental Fund Financial Statements:
Balance Sheet 38
Reconciliation of the Governmental Funds Balance Sheet to the Governmental
Activities on the Statement of Net Position 40
Statement of Revenues, Expenditures, and Changes in Fund Balance 42
Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund
Balances of Governmental Funds to the Statement of Activities 44
Proprietary Fund Financial Statements:
Statement of Net Position 45
Statement of Revenues, Expenses, and Changes in Fund Net Position 46
Statement of Cash Flows 47
Fiduciary Fund Financial Statements:
Statement of Fiduciary Net Position 48
Statement of Changes in Fiduciary Net Position 49
Notes to Basic Financial Statements 50
i
DOUGLAS COUNTY, COLORADO
Annual Comprehensive Financial Report
Year Ended December 31, 2022
Table of Contents
Required Supplementary Information Other than MD&A: Page
Schedules of Revenues,Expenditures, and Changes in Fund Balance—Actual and
Budget:
Major Funds:
General Fund 84
Road and Bridge Fund 88
Human Service Fund 90
Douglas County Health Department 91
Law Enforcement Authority Fund 92
Road Sales and Use Tax Fund 93
Parks and Open Space Sales and Use Tax Fund 94
Justice Center Sales and Use Tax Fund 95
American Rescue Plan Act Fund 96
Notes to Required Supplementary Information 97
Supplemental Information: (Subjected to Auditing Procedures)
Nonmajor Governmental Funds:
Combining Balance Sheet 102
Combining Statement of Revenues, Expenditures, and Changes in Fund
Balances 106
Schedules of Revenues, Expenditures, and Changes in Fund Balance—Actual and
Budget:
Nonmajor Funds:
Developmental Disabilities Fund 110
Safety and Mental Health Fund 111
Infrastructure Fund 112
Transportation Infrastructure Sales and Use Tax Fund 113
Park Sales and Use Tax Fund 114
Conservation Trust Fund 115
Lincoln Station Sales Tax Improvement Fund ll 6
Solid Waste Disposal Fund 117
Woodmoor Mountain G.I.D. 118
Rocky Mountain High Intensity Drug Trafficking Area ll 9
Capital Expenditures Fund 120
LID Capital Construction Fund 121
Capital Replacement Fund 122
Debt Service Fund 123
Internal Service Funds:
Combining Statement of Net Position 126
Combining Statement of Revenues, Expenses, and Changes in Net Position 127
Combining Statement of Cash Flows 128
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DOUGLAS COUNTY, COLORADO
Annual Comprehensive Financial Report
Year Ended December 31, 2022
Table of Contents
Page
Schedules of Revenues, Expenditures, and Changes in Net Position—Actual and
Budget:
Internal Service Funds:
Employee Benefits Fund 129
Property and Liability Fund 130
Medical, Dental and Vision Fund 131
Fiduciary Funds:
Combining Statement of Fiduciary Net Position 133
Combining Statement of Changes in Fiduciary Net Position 134
State Required Schedule: (Subjected to Auditing Procedures)
Local Highway Finance Report 136
Statistical Section: (Not subjected to Auditing Procedures)
Net Position by Component 141
Changes in Net Position 142
Changes in Fund Balances, Governmental Funds 144
Fund Balances, Governmental Funds 146
Tax Revenues by Source, Governmental Funds 147
Assessed Value and Estimated Market Value of Taxable Property 148
Direct and Overlapping Property Tax Rates 149
Principal Property Tax Payors 150
Property Tax Levies and Collections 151
Ratios of Outstanding Debt by Type 152
Legal Debt Margin Information 153
Revenue Bond Coverage 154
Demographic and Economic Statistics 155
Principal Employers 156
Budgeted Full-Time Equivalent County Employees by Function/Program 157
Operating Indicators by Function/Program 158
Capital Asset Statistics by Function/Program 159
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��� � DOUGLAS COUNTY
c,�i c�r�.nc� Finance D ��t
June 23, 2023
To the Board of Counry Commissioners and the Citizens of Douglas County:
The Annual Comprehensive Financial Report of Douglas County, Colorado for the fiscal year ended
December 31, 2022 is hereby submitted.
This report consists of management's representations concerning the finances of Douglas County
(hereafter referred to as the County). Consequently, management assumes full responsibility for both
the accuracy of the presented data, and for the completeness and reliability of the information
presented in this repart. To provide a reasonable basis for making these representations, management
of the County has established internal controls that are designed both to protect the government's
assets from loss, theft or misuse and to compile sufficient reliable information for the preparation of
the Counry's financial statements, in conformity with Generally Accepted Accounting Principles in
the United States of America (US GAAP) as prescribed by the Governmental Accounting Standards
Board (GASB). Since the cost of internal controls should not outweigh their benefits, the County's
internal controls have been designed to provide reasonable rather than absolute assurance the
financial statements are free from material misstatement.
To the best of our knowledge and belief, this financial report is accurate in a11 material aspects and
reported in a manner which fairly represents the financial position and results of operations of the
County as measured by the financial activity of its various funds. Further, we believe all disclosures
that are necessary to enable the reader to gain the maximum understanding of the County's �nancial
activities have been included.
Colorado Revised Statutes (CRS) 29-1-603 requires local governments to complete an annual audit
of their financial statements, performed in accordance with generally accepted auditing standards, by
a firm of licensed certi�ed public accountants. The audit as well as the audit report shall be
completed and submitted to the State within seven months after the close of the fiscal year. CRS
29-6-605 requires the financial statements be presented in conformity with US GAAP.
The County's financial statements have been audited by FORVIS, LLP. The goal of the independent
audit is to provide reasonable assurance that the financial statements of the County, for the fiscal year
ended December 31, 2022 are free of material misstatement. The independent audit involves
examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements, assessing the accounting principles used as well as the significant estimates made by
management, and evaluating the overall financial statement presentation. The independent auditor,
based upon their audit, rendered an unmodified opinion, concluding that these financial statements
are fairly presented in conformity with US GAAP. The independent auditor's report is presented in
the financial section of this report.
In addition to meeting the requirements set forth in state statutes, the audit included a federally
mandated Single Audit designed to meet the needs of federal grantor agencies (2 CFR 200 Uniform
Guidance). The standards governing Single Audit engagements require the independent auditor to
report not only on the fair presentation of the financial statements, but also on the government's
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internal controls and compliance with legal requirements involved in the administration of federal
awards. The reports issued by the independent auditors are presented in a separately issued Single
Audit Report.
GASB requires that management provide a narrative introduction, overview, and analysis to
accompany the basic financial statements in the form of Management's Discussion and Analysis
(MD&A). This letter of transmittal is designed to complement the MD&A and should be read in
conjunction with it. The MD&A can be found immediately following the report of the independent
auditors.
Profle ofDou�las Countv
Douglas County was formed in 1861 as one of the first sixteen Colorado counties originally
stretching from the Rocky Mountains to the Kansas border. Today the County covers almost 844
square miles highlighting the beauty of the mountains, foothills and plains along the I-25 corridor
between Denver and Colorado Springs. Urban areas, include unincorporated Highlands Ranch, the
City of Lone Tree, the City of Castle Pines, and the towns of Castle Rock(county seat), Parker and
Larkspur. We are recognized for being one of the most family friendly communities in Colorado. The
County has an estimated population of 378,000 persons.
The County provides a wide range of services that include law enforcement and public safery,
planning and zoning, parks and open space, highways and streets, culture and recreation, public
health and human services, elections, and general administrative services.
The three-member Board of Counry Commissioners (BOCC) seroes as the legislative, policy-making
and administrative body governing the unincorporated area of the County. The commissioners are
elected at large from one of three geographical districts and serve staggered four-year terms (term-
limited to two terms).
Budget authorization is one of the few oversight roles the Board can legally exercise with the other
elected officials, who derive their responsibilities and authorities from statute. Those six elected
offices include Assessor, Clerk and Recorder, Coroner, Sheriff, Surveyor and Treasurer.
The County is one of four counties, along with Arapahoe, Elbert and Lincoln counties in the
Eighteenth Judicial District seroed by the District Attorney, an elected official responsible for
prosecuting all criminal case filings. On March 3, 2020 Governor Polis signed House Bill 20-1026
which split the 18th Judicial District and created a new 23rd District. Until 2025 the 18th Judicial
District encompasses Arapahoe, Douglas, Lincoln and Elbert Counties. Pursuant to House Bill
20-1026, Douglas, Lincoln, and Elbert counties will encompass the new 23rd Judicial District, and
Arapahoe County will remain as the sole counry within the 18th Judicial District. The creation of the
new judicial district is driven by the area's population growth: the four counties combined population
now exceeds 1 million and is the largest district in the State. House Bill 20-1026 creates the 23rd
Judicial District on January 7, 2025.
The Board is directly supported by the County Manager, and the County Attorney. Appointed
officials manage the remainder of the County's functions, including a Deputy County Manager,
Budget, Community Justice Services, Emergency Management, Engineering, Finance, Human
Resources, Human Services, Information Technology, Facilities, Fleet and Emergency Support
Services, Open Space and Natural Resources, Planning and Community Development,Public Affairs
and Public Works.
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The Board is charged with the responsibility of providing adequate budget appropriations to fund
statutory functions, as well as responding to the service needs of the citizens. In turn, the other
elected and appointed officials are charged with managing their authorized budgets to meet their
statutory obligations and service demands as cost-effectively as possible. The Board is required to
adopt a final budget by December 15th. The adopted budget becomes the County's annual financial
plan and mechanism to control spending.
The Board is also financially accountable for five blended component units,the Douglas County Law
Enforcement Authority, the Douglas County Woodmoor Mountain General Improvement District,the
Lincoln Station Local Improvement District, the Douglas County Deputy Sheriff's Association and
the Fallen Officers Fund. The Sheriff's Forfeiture Fund, the Deputy Sheriff's Association and the
Fallen Officers Fund are subject to audit, but not to budget 1aw, and are also included in the financial
statements of the County.
Factors Affectin�the Financial Condition ofDou�las Countv
Douglas County is perfectly located as the centerpiece of the Denver/Colorado Springs development
corridor featuring a blend of business-friendly environment and a quality lifestyle uniquely
positioning the County for economic success. There is an abundance of highly educated, skilled,
knowledgeable workers living halfway between Colorado's two largest cities; an ever improving
transportation system that includes a general aviation airport, light rail transit and an expanding
freeway system; adequate water and power for new growth; a nationally-recognized public education
system; a state tax rate among the lowest in the country; an inventary of available office space and
entitled sites for construction of new offices and shops, and business-friendly government leaders.
Municipalities located within the boundaries of the County, the Town of Castle Rock 79,900
(21.41%), the Town of Parker 61,500 (16.48%), the Ciry of Lone Tree 16,000 (4.29%), the City of
Castle Pines 13,000 (3.48%), Aurora 3,700, Littleton 640, and Larkspur 210 (each less than 1.0%),
contain 174,950 or 46.28% of the County's population. Unincorporated Douglas County contains the
remaining 53.72%, or approximately 203,050 citizens.
The American Rescue Plan Act (ARPA) allocates funding to governmental entities based on
population. Counties and cities with over 50,000 inhabitants receive funding directly from the U.S.
Department of the Treasury. Cities with less than 50,000 residents receive allocations through their
state government. Total allocations to Douglas County jurisdictions include:
• $68,207,548 to Douglas County
• $5,703,100 to Castle Rock
• $4,452,437 to Parker
• $3,288,157 to Lone Tree
• $2,705,277 to Castle Pines
• $53,286 to Larkspur
• Portions of Aurora and Littleton also lie within Douglas County. These municipalities will
receive $65,424,806 and$12,081,125 respectively.
Douglas County received 50% of the funds in May of 2021 and the other 50% in June of 2022. The
County must commit the full ARPA allocation by 2024 and spend it by the end of 2026.
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The American Rescue Plan Act and accompanying guidance from the U.S. Department of the
Treasury define categories of eligible use:
o Support public health expendituYes, by funding COVID-19 mitigation efforts, medical
expenses,behavioral healthcare, and certain public health and safety staff;
o AddYess negative economic impacts caused by the public health emergency, including
economic harms to workers, households, small businesses, impacted industries, and the
public sector;
o Replace lost public sector revenue, using this funding to provide government services to the
extent of the reduction in revenue experienced due to the pandemic;
o Provitle premium pay for essential woNkers, offering additional support to those who have
borne and will bear the greatest health risks because of their service in critical infrastructure
sectors; and,
o Invest in water, sewer, and broadband infi^astructure, making necessary investments to
improve access to clean drinking water, support vital wastewater and stormwater
infrastructure, and expand access to broadband internet.
The Board directed over half of its total ARPA allocation to support the provision of water and
sanitation seroice to the Highway 85 corridor.
Financial Policv and Bud�etary Initiative Affects
Ad valorem, or property taxes, serve as the primary revenue source for the statutory and general
government services. In 2022 , the County collected $167.5 million in property taxes, a $7.7 million
(4.8%) increase over 2021. Property taxes collected in 2022 are based upon assessed property values
as of June 30, 2021, 2023 is a reappraisal year. The Board of County Commissioners enacted a
temporary property tax credit equal to 1.250 mills for each dollar of the total assessed valuation of all
taxable property within the County for tax year 2021. The impact of this credit reduced taxes
collected in the General Fund during 2022 by approximately$10.0 million.
The Counry also continues to exempt the first $100,000 of the actual value of business personal
property from taxation. The exemption was initially approved by the Board of County
Commissioners on December 9, 2014 for the 2015 budget and is reapproved annually. This
exemption results in an overall reduction of approximately $1 million in property tax expense to
businesses located in Douglas County. The County also provides a rebate, designed to encourage
economic development to businesses that plan to locate or expand within the County through job
creation and/or capital improvement. Business requests for the rebate are brought before the Board of
County Commissioners for consideration at a Business Meeting. Currently there are 24 businesses
which qualify far rebates and who receive a combined total of$767,707, in rebates. These incentive
agreements represent an estimated 4,637 jobs in the County, with about 149 new jobs created in
2022.
Within Douglas County there are 5 Urban Renewal Authorities (URA's) and Downtown
Development Authorities (DDA's)which are designed to eliminate blighted areas in cities and towns.
These authorities utilize tax increment financing (TIF) to pay for capital improvements to mitigate
blight. As a result, tax increment financing was estimated to increase 5.80% over 2021 resulting in
$1,551,889 ongoing revenues being directed to those authorities instead of the County for tax year
2022.
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Sales and use taxes are the second largest source of revenue. Sales and use taxes respond much more
quickly to changes in the economy. The entire 1% sales and use tax collected is statutorily set aside
far specific costs associated with 1)road improvements and maintenance (0.40%), 2) the operation of
and improvements to the Robert A. Christensen Justice Center and related facilities (0.25%), 3) the
acquisition, development and maintenance of open space, trails and regional parks (0.17%), and 4)
new transportation infrastructure projects (0.18%). In 2022, the County collected $109.1 million in
sales and use taxes, an increase of 9.6% over 2021. The decline in retail shopping due to the
pandemic was balanced by the increase in online shopping. In the 2022 budget the Commissioners
planned to continue strategically reinvesting in our community according to their core priorities of
Public Safety, Transportation, County Services, Economic Foundations, Historic and Natural
Resources and Health and Human Services.
The County shared back a portion of taxes collected in 2022 to municipalities:
Aurora $150,851
Castle Pines $1,248,826
Castle Rock $9,243,137
Lone Tree $4,587,409
Parker $7,829,973
Larkspur $92,388
Littleton $52,938
Total $23,205,522
On November 8, 2022, voters approved the ballot measure to extend for 15 years the 0.17% Douglas
County Open Space Sales and Use Tax by 88%. It is scheduled to sunset on January 1, 2039.
The Douglas County Regional Council was created to begin the important work of allocating funds
for opioid abatement purposes, including drug treatment, recovery, prevention and education, and
appropriate harm reduction programs. Douglas County is one of the 19 regions in the State, it is a
single-county region that includes the county and all its municipalities. Over 18 years, the total
amount due to the Douglas County Region is just over $8.2 million. The county's total 20% local
government share over 18 years is $2.5 million for a Region total of 10.5 million
Notable metrics for snow and ice removal in 2022 include; 24 snow events, 199,674 lane miles
ploughed and a materials cost of$2,822,000.
The operation, maintenance and programming of the Rueter-Hess Reservoir Recreation Authority is
transitioning to Douglas County. The transition plan focuses on governance, budget and finance
structure and methods to expand service and recreation.
The total number of visitors to publicly accessed Open Space properties and trails in 2022 was
501,072 - this represents a 24% reduction from 2021. Other Front Range agencies also experienced
declining numbers.
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Lon� TeYm Financial Plannin�
The County currently projects revenues, expenditures and available fund balances for five-year
periods to enable strategic planning opportunities and anticipate potential future challenges. No
arbitrary balancing entries are made to artificially balance the current or subsequent year's budgets.
The County distinguishes between, and matches, one-time revenues with one-time expenditures and
on-going revenues with on-going expenditures. This best practice is key to helping ensure the future
financial stability of the County.
The Board of County Commissioners' (BOCC) adopted policy manual specifically states that with
respect to strategic planning for projects, services, and activities with a fiscal impact, the County
Manager may not jeopardize either the programmatic or the fiscal integrity of County government.
The budget process in the Counry uses fiscally conservative principles and aligns with the BOCC's
core priorities of public safety, transportation, county services, economic foundations, historic and
natural resources and health and human services. A sound and balanced budget is developed by:
o Avoiding raising fees or taxes.
o Relying upon realistic revenue farecasts.
o Maintaining stable reserves.
o Improving the quality of services provided to our community.
o Budgeting for one year, managing for two, and planning for five.
o Matching ongoing revenues with ongoing expenditures
The 2023 budget was developed using the following guidelines:
o Continue capital investment throughout Douglas County to address traffic congestion,road
infrastructure, and public safety priorities.
o Keep the cost of government down through cost effective purchasing, cash funding,
outsourcing/contracting opportunities and leveraging local funds.
o Emphasis on increased efficiency through technology.
o Maintain efficient staffing levels with an emphasis on external service areas that directly
impact the citizens of Douglas County.
The approved 2023 expenditure budget is $579.6 million for all funds. The budget contains $239.1
million in ongoing operating expenditures, $262.0 million for one-time initiatives, $49.2 million is
budgeted for federal and state funded expenditures, and $29.2 million for self-funded insurance
funds. The last debt payment for the Open Space Sales and Use Tax Revenue Refunding Bonds was
made in October 2022. The County is now debt-free.
Awards and Acknowled�ements
Awards — The Government Finance Officers Association of the United States and Canada
(GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to Douglas
County for its Annual Comprehensive Financial Report for the fiscal year ended December 31,
2021. To be awarded a Certificate of Achievement, a government must publish an easily readable
and ef�ciently organized annual comprehensive financial report. The report must satisfy both
generally accepted accounting principles and applicable legal requirements.
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A Certificate of�chievement is valid for a period of one year only. We believe that our current
annual comprehensive tinancial report continues to meet the Certificate of Achievement
Pro�ram's requirements, and �ve are submittin�� it to the GFOA to determine its eligibility for
another certiticate.
Ack�to�vlerl;ements - The preparation of this report ��ould not have bezn possible �vithout the
dedicated service of the entire staft� of the Finance Department. We would like to especiafly
thank Jen B�nnet, Craig Gaudio, Jifl Janz, Brandi Rid��e��ay, Linda Scheffel, and �tichelle
Thompson Yor their outstanding�vork in preparation for the audit and for their assistance �v�ith the
preparation of this document. Their professionalism, dedication to e�cellence, and efficiency
made this report possihle. ln addition, the Finance Department wishes to extend sincere
appreciation to the Counry Treasurer and his staff for their contributions to the preparation of this
report.
In closing, we wish to ackno�rledge the interest, leadership and support of�the E3oard of'County
Commissioners, the Dou�las County Audit Committee, and the cooperation of each of the
Countv's departments as w�e �tork to�ether to conduct the County's tinancial operations. The
Board�continues to demonstrate prudent tiscal management and ste�vardship. ���ith regards to the
actual and on��oing tinancial conditions of the County, to provide basic sustainable foundations
that result in a hi�h quality of lifi: for our citizens, taxpayers, and communities.
Respectfull}� submitted.
�
� �__�4�"(/'���—<�:v�`"1�Lu�
(?��C� � .
Dou��las J. Debord Andrew Copla ,-CPA Christie Guthrie, CPA
Countv ManaQer Director of Finance Assistant Director of Finance
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DOUGLAS COUNTY, COLORADO
Douglas County Government Organization
December 31, 2022
In Office Current Term
•� 1 Since Expire
Commissioner,District 1 Abe Laydon January 2019 January 2023
Commissioner,District 2 George Teal January 2021 January 2025
Commissioner District 3 Lora Thomas January 2017 January 2025
Assessor Lisa Frizell January 2015 January 2023
Clerk&Recorder Merlin Klotz January 2015 January 2023
Coroner Jill Romann January 2015 January 2023
Sheriff Tony Spurlock January 2015 January 2023
Surveyar Robert Snodgrass January 2015 January 2023
Treasuer/Public Trustee Dave Gill July 2018 January 2023
� � ii •i �
Interim County Attorney Christopher Pratt September 2022
County Manager pouglas J.DeBard October 1998
1 i � �
Deputy County Manager Barbara Drake January 2012
Budget Martha Marshall December 2018
Communications&Public Affairs Wendy Holmes January 2005
Community Justice Services Scott Matson December 2009
Emergency Management Debrah Schnackenberg June 2022
Facilities,Fleet,Emergency Tim Hallmark January 2020
Finance Andrew Copland December 2006
Health Department Michael Hill February 2022
Human Resources Laura Leary Apri12010
Human Services Dan Makellcy March 2013
Information Technology John Huber September 2017
Open Space&Natural Resources Dan Dertz December 2022
Planning&Community Development Terence Quinn March 2009
Public Warks Janet Herman January 2018
8
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DOUGLAS COUNTY, COLORADO
Douglas County Government Organization
December 31, 2022
Douglas County government is also served by several citizen boards and commissions. One of the best ways for
citizens to become involved with County government is to serve on one of its many Citizen Advisory Boards,
Committees and Commissions. These advisory bodies give citizens the opportunity to provide input into the
County's decision-making process. The County,in turn,benefits from our citizens' expertise and eXperience.
Citizen Advisorv, Committees and Commissions
Audit Committee
Board of Adjustment
Board of Health
Board of Human Services
Building Board of Appeals
Communiry Services Block Grant Tripartite Board
CSU Extension Advisory Council
Cultural Council
Fair Board
Historic Preservation Board
Human Services Citizen Review Panel
Liquor Licensing Authority
Noxious Weed Advisory Commission
Open Space Advisory Committee
Parks Advisory Board
Placement Alternatives Commission
Planning Commission
Veterans Services Officers
External Board Appointments
Library District Board of Trustees
Mile High Regional Medical&Trauma Advisory Council
to
Goti�en�ient Fivauce Officers Association
���1't1t1C�t� Of�
_�Clll��'�111�I1t
.
for E�celle��ce
lll F111�i11C1�1
R���OI'tlll�
Pre�ted to
C'olint�- of Dougl:�s
Colorado
For its r'�uitk�l Coiuprehensive
Financial Report
For the Fiscal Year Ended
Deceniber 31. _'0?1
P
Esecut�re Ihrector'C'EO
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FORV/S
1801 California Street, Suite 2900 / Denver, CO 80202
P 303.861.4545 / F 303.832.5705
forvis.com
Independent Auditor's Report
Board of County Commissioners
Douglas County, Colorado
Castle Rock, Colorado
Report on the Audit of the Financial Statements
Opinions
We have audited the financial statements of the governmental activities, each major fund, and the
aggregate remaining fund information of Douglas County, Colorado (the County), as of and for the year
ended December 31, 2022, and the related notes to the financial statements, which collectively comprise
the County's basic financial statements as listed in the table of contents.
In our opinion, the accompanying financial statements referred to above present fairly, in all material
respects, the respective financial position of the governmental activities, each major fund, and the
aggregate remaining fund information of the County, as of December 31, 2022, and the respective
changes in financial position, and, where applicable, cash flows thereof for the year then ended in
accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of
America (GAAS) and the standards applicable to financial audits contained in GovernmentAuditing
Standards, issued by the Comptroller General of the United States (Government Auditing Standards).
Our responsibilities under those standards are further described in the "Auditor's Responsibilities for the
Audit of the Financial Statements" section of our report. We are required to be independent of the
County, and to meet our other ethical responsibilities, in accordance with the relevant ethical
requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our audit opinions.
Emphasis of a Matter
As discussed in Note 2 to the financial statements, effective January 1, 2022, the County adopted GASB
Statement Number 87, Leases. Our opinions are not modified with respect to this matter.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in
accordance with accounting principles generally accepted in the United States of America, and for the
design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
���y o�°���r�.W i "�
12
Board of County Commissioners
Douglas County, Colorado
Page 2
In preparing the financial statements, management is required to evaluate whether there are conditions or
events, considered in the aggregate, that raise substantial doubt about the County's ability to continue as
a going concern for 12 months beyond the financial statement date, including any currently known
information that may raise substantial doubt shortly thereafter.
Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that
includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance
and therefore is not a guarantee that an audit conducted in accordance with GAAS and Government
Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a
material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve
collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Misstatements are considered material if there is a substantial likelihood that, individually or in the
aggregate, they would influence the judgment made by a reasonable user based on the financial
statements.
In performing an audit in accordance with GAAS and GovernmentAuditing Standards, we:
• Exercise professional judgment and maintain professional skepticism throughout the audit.
• Identify and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, and design and perform audit procedures responsive to those risks. Such
procedures include examining, on a test basis, evidence regarding the amounts and disclosures
in the financial statements.
• Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the County's internal control. Accordingly, no such opinion is
expressed.
• Evaluate the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made by management, as well as evaluate the overall presentation of the
financial statements.
• Conclude whether, in our judgment, there are conditions or events, considered in the aggregate,
that raise substantial doubt about the County's ability to continue as a going concern for a
reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters,
the planned scope and timing of the audit, significant audit findings, and certain internal control-related
matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the managemenYs
discussion and analysis and budgetary comparison information be presented to supplement the basic
financial statements. Such information is the responsibility of management and, although not a part of the
basic financial statements, is required by the Governmental Accounting Standards Board who considers it
to be an essential part of financial reporting for placing the basic financial statements in an appropriate
operational, economic, or historical context. We have applied certain limited procedures to the required
13
Board of County Commissioners
Douglas County, Colorado
Page 3
supplementary information in accordance with GAAS, which consisted of inquiries of management about
the methods of preparing the information and comparing the information for consistency with
managemenYs responses to our inquiries, the basic financial statements, and other knowledge we
obtained during our audit of the basic financial statements. We do not express an opinion or provide any
assurance on the information because the limited procedures do not provide us with sufficient evidence to
express an opinion or provide any assurance.
Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the County's basic financial statements. The combining and individual nonmajor fund financial
statements, budgetary schedules, and Local Highway Finance Report are presented for purposes of
additional analysis and are not a required part of the basic financial statements. Such information is the
responsibility of management and was derived from and relates directly to the underlying accounting and
other records used to prepare the basic financial statements. The information has been subjected to the
auditing procedures applied in the audit of the basic financial statements and certain additional
procedures, including comparing and reconciling such information directly to the underlying accounting
and other records used to prepare the basic financial statements or to the basic financial statements
themselves, and other additional procedures in accordance with GAAS. In our opinion, the combining
and individual nonmajor fund financial statements, budgetary schedules and Local Highway Finance
Report are fairly stated, in all material respects, in relation to the basic financial statements as a whole.
Other Information
Management is responsible for the other information included in the annual comprehensive financial
report. The other information comprises the introductory and statistical sections but does not include the
basic financial statements and our auditor's report thereon. Our opinions on the basic financial
statements do not cover the other information, and we do not express an opinion or any form of
assurance thereon.
In connection with our audit of the basic financial statements, our responsibility is to read the other
information and consider whether a material inconsistency exists between the other information and the
basic financial statements, or the other information otherwise appears to be materially misstated. If,
based on the work performed, we conclude that an uncorrected material misstatement of the other
information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated June 23, 2023,
on our consideration of County's internal control over financial reporting and on our tests of its compliance
with certain provisions of laws, regulations, contracts and grant agreements, and other matters. The
purpose of that report is solely to describe the scope of our testing of internal control over financial
reporting and compliance and the results of that testing, and not to provide an opinion on the
effectiveness of the County's internal control over financial reporting or on compliance. That report is an
integral part of an audit performed in accordance with Government Auditing Standards in considering the
County's internal control over financial reporting and compliance.
FOi�V 15, l-�P
Denver, Colorado
June 23, 2023
14
15
Management's Discussion and Analysis
16
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
This section of the Douglas Counry Annual Comprehensive Financial Report is presented to provide readers
with a narrative overview and analysis of the County's financial performance during the fiscal year that ended
on December 31, 2022. We encourage readers to consider the information presented in this overview in
conjunction with the information contained in the Introductory Section (including the Letter of Transmittal), the
Financial Section (including the Basic Financial Statements) along with the accompanying Notes to those
financial statements, the Required Supplementary Information, the Supplemental Information and the Statistical
Section, to enhance their understanding of the activities and financial health of Douglas County.
Financial Highlights
Government-wide
Douglas County's government-wide assets exceeded liabilities and deferred inflows at December 31,2022 by
$1,109,620,239 (net position). This is an increase of$143,418,010 (11.8%). Total net position of the
government-wide statements is comprised of the following:
1) Net investment in capital assets of $761,545,642 (68.6%) includes land, improvements, buildings,
infrastructure, vehicles and equipment, construction in progress and other capital assets, net of
accumulated depreciation/amortization, retainage payable, and is reduced by any outstanding debt, net of
unspent proceeds,related to the purchase or construction of capital assets.
2) $209,330,034 (18.9%) of net position is restricted by constraints imposed from outside the County such
as statutory reserve requirements, federal or state laws and regulations related to gant funding, voter
approved sales tax collections, and debt obligations.
3) Net position of$138,744,563 (12.5%) represents the portion available to meet ongoing obligations to
citizens and creditors.
Governmental
• As of the close of the current fiscal year, Douglas County's governmental funds reparted combined ending
fund balances of$342,884,028, an increase of$11,664,089 (20.6%) in comparison with the prior year. The
current year total consists of nonspendable fund balance of$8,944,585 (2.6 %),restricted fund balance of
$209,330,034 (61.0%), committed fund balance of$44,347,283 (12.9%), assigned fund balance of
$80,286,310 (23.4%), and unassigned fund balance of$(24,184) (-%).
• At the end of the current fiscal year the County's general fund, which is used to account for the general
operations of the County, had an unrestricted fund balance (the total of the committed, assigned, and
unassigned components of fund balance) of $39,026,160, or approximately 23% of total general fund
expenditures.
• A11 other major and nonmajor governmental funds had total combined fund balances of$286,371,083 at the
end of the current fiscal year. Of this amount $3,123,271 is nonspendable, $197,664,563 is restricted,
$39,369,187 is committed, $46,238,246 is assigned, and $24,184 is a negative unassigned fund balance.
($243,875,386 for special revenue funds, $7,737,110 for capital project funds and$91,815 far debt service).
17
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Overview of the Basic Financial Statements
This discussion and analysis is an important introduction to Douglas County's Basic Financial Statements.
These Basic Financial Statements are made up of three components: 1) the government-wide financial
statements, 2) the governmental fund financial statements (including blended component units), and 3) the notes
to basic financial statements. This report also contains other supplementary schedules and information and a
statistical section in addition to the basic financial statements.
1) Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a long term and broad overview
of the County's finances using accounting methods comparable to those used by private-sector companies. The
government-wide financial statements use an economic resource measurement focus and the full accrual basis of
accounting. Therefore, certain expenditures that are recorded in the governmental fund financial statements are
either deferred or capitalized within the government-wide financial statements. Long-term liabilities, deferred
inflows of resources, revenues and related assets not reported in fund financial statements are recorded in the
government-wide financial statements independent of the cash flows related to these items. The two statements
included in the government-wide grouping are:
The Statement of Net Position presents information related to assets, liabilities and deferred inflow of
resources, with the net of all three categories being reported as the County's net position. Over time, increases
or decreases in net position may serve as a useful indicator of whether the financial health of the County is
improving or deteriorating. If the County's net position has increased, the financial condition of the County has
improved. If the Counry's net position has decreased, the financial condition of the County has deteriorated.
The Statement of Activities presents information demonstrating why the County's net position changed during
the most recent fiscal year. In the Statement of Activities, all changes in net position are reported as soon as the
underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, all the
current year's revenues and expenses are accounted for in this statement regardless of when cash is received or
paid.
Both statements are presented to distinguish functions of the County that are principally supported by taxes and
intergovernmental revenues (governmental activities) from those that are intended to recover all or a significant
portion of their costs through user fees and charges. For fiscal year ended December 31, 2022, the County had
no business-type activities to report. The governmental activities of the County include the statutory functions
performed by the offices of the Assessor, Clerk & Recorder, Coroner, Sheriff, and Treasurer, as well as other
functions related to highways and streets, culture and recreation, conservation of natural resources, community
development,health and human services, sanitation and general government administration.
2) Governmental Fund Financial Statements
A fund is an accounting device that a government uses to maintain control over and account for specific sources
of funding that are to be spent for specific purposes. Douglas County, like other state and local governments,
uses fund accounting to ensure and demonstrate compliance with statutory requirements. These statements focus
more on the individual functions of the County, reporting on financial operations in a more detailed format than
is found in the government-wide statements. Certain funds are required by state law or established by bond
covenants. Other funds are established by the Board of County Commissioners to control and manage resources
for specific purposes (i.e., Debt Service, Capital Projects) or to show that certain revenue sources (i.e., taxes,
grants) are used appropriately. Douglas County funds can be divided into the following three categories:
18
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
- Governmental funds are used to account for essentially the same functions reported as governmental
activities in the government-wide financial statements. However, unlike the government-wide financial
statements, governmental funds focus on the near-term inflows and outflows of spendable resources, as well as
on balances of spendable resources available at the end of the fiscal year. Consequently, the governmental fund
statements provide a detailed short-term view that helps determine whether there are more or fewer financial
resources that can be spent in the near future to �nance County programs. Because this information does not
encompass the additional long-term focus found in the government-wide statements, additional information is
provided which explains the relationship or differences between the two types of statements.
— Proprietary funds are used to account for services for which the County charges customers a fee. Douglas
County maintains only one type of proprietary fund referred to as an internal service fund. Internal service funds
are used to report activities that provide supplies and services for the County's other programs and activities.
The County uses internal service funds to account for the various self-insurance programs related to employee
benefits and risk management. Because the internal service funds serve only governmental activities, those funds
have been included within governmental activities in the government-wide financial statements.
— Fiduciary Funds are used to account for resources held by the County for the benefit of parties outside the
government. Fiduciary activities are not reflected in the government-wide financial statements because the
resources of those funds are not available to support the County's own programs. As of December 31, 2022, the
County's fiduciary activities include the following three custodial funds: the Treasurer's Fund, the Public
Trustee's Fund, and the Jail Escrow, Inmate Commissary and Victim Compensation Fund.
The County maintains 9 major governmental funds and 17 nonmajor governmental funds. Information is
presented separately in the governmental funds balance sheet and in the governmental funds statement of
revenues, expenditures, and changes in fund balances for the major governmental funds. By its definition the
General Fund is always considered a major fund. Other funds must be reported as major funds if they report at
least 10% of all governmental fund's total assets, liabilities/deferred inflows of revenues or expenditures. Funds
that do not meet the 10% criteria but are considered of particular importance to the financial statements may also
be reported as major funds.
Data for the nonmajor governmental funds are combined into a single, aggregated presentation. Individual fund
data for each of the nonmajor governmental funds is provided in the supplementary information.
Douglas County adopts an annual budget, which is appropriated for all governmental and internal service funds
with the exceptions of the Sheriff's Forfeiture Fund, the Douglas County Deputy Sheriff's Association Fund
(DCDSA) and the Fallen Officer's Fund. The Sheriff's Forfeiture Fund is statutorily exempted from the budget
process. DCDSA is a separate legal entity incorporated under the laws of the State of Colorado, and the Fallen
Officer's Fund is a registered 501 (c) (3). Expenditure of DCDSA and Fallen Officer funds are at the discretion
of a maj ority vote of the appointed board of directors.
Budgetary comparison schedules have been provided for the governmental and internal service funds subject to
appropriation to demonstrate compliance with the budget.
3)Notes to the Basic Financial Stateinents
The Notes to the Basic Financial Statements provide a more detailed explanation of some of the information
contained in the financial statements that is essential to gain a better understanding of the data provided in the
government-wide and fund financial statements.
19
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Supplemental Information
In addition to the basic financial statements and accompanying notes, this report also presents certain
supplementary information including combining and individual fund statements as well as budgetary schedules
comparing original budgets,final budgets, and actual expenditures for all funds subject to budgetary restrictions.
Analysis of Douglas County's Government-wide Financial Position
As noted earlier, the change in total net position over time can be one of the best and most useful indicators of a
government's financial health. Douglas County's governmental assets exceeded liabilities and deferred inflows
by $1,109.6 million in 2022. Current assets increased $183.7 million over 2021 due mainly to an increase in
cash and investments and capital and lease assets. The increase in cash and investments from 2021 to 2022 was
due to unspent advanced funding of the American Rescue Plan Act (ARPA) of$34.1 million. The capital assets
increase of $134.0 million was due to a large increase in the miles of roads conveyed to the County by
developers. The current liability increase of$33.8 million was due to the advance funding of the federal grants
mentioned above being added to the County's unearned revenue liability. There was also a decrease to bonds
payable as the final scheduled debt payment of$3.0 million was made October 2022. There was an increase of
accounts payable and accrued liabilities for large construction projects. Long-term liabilities increased overall
$5.5 million due to the addition of $7.2 million for lease liabilities, $1.3 million increase in compensated
absence liabilities and the reduction of$3.0 million due to the final debt payment mentioned above. There was
an overall increase in the government's net position of$143.4 million. The following table was derived from the
current and prior years' Statement of Net Position:
Governmental Activities
(in thousands)
2022 2021*
Assets:
Current and other assets $ 651,058 $ 601,339
Capital and lease assets 772,377 638,378
Total assets 1,423,435 1,239,717
Liabilities:
Current and other liabilities 124,738 90,914
Long-term liablities 18,138 12,617
Totalliabilities 142,876 103,531
Deferred inflow of resources:
Property tax related 170,333 169,984
Lease related 606 -
Total deferred inflow of resources 170,939 169,984
Net position:
Net investment in capital and lease assets 761,546 630,441
Restricted 209,330 175,153
Unrestricted 138,745 160,608
Total net position $ 1,109,620 $ 966,202
*2021 has not been restated far GASB 87.
20
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
The largest portion of the County's net position, $761.5 million (68.6%),reflects its investment in capital assets
(e.g., land,buildings and improvements, equipment and infrastructure), less any related liabilities or debt used to
acquire those assets that is still outstanding. Douglas County uses these capital assets to provide services to
citizens. Consequently, these assets are not available for future spending. Although the County's investment in
its capital assets is reported net of related debt and outstanding liabilities, the resources needed to repay these
items must be provided from other sources since the capital assets themselves cannot be used to liquidate these
liabilities.
An additional portion of the County's net position $209.3 million (18.9%), represents resources that are subject
to external restrictions on how they may be used. Included in this category are statutory reserves required by the
State of Colorado, Conservation Trust funds held by the County,restricted sales and use tax revenues, as well as
federal or state grant funds that may only be used for the specific purpose for which they were received.
Additionally, the County reserves funds already owed on future debt service payments.
The remaining portion of the County's net position consists of unrestricted assets of $138.7 million (12.5%)
which may be used to meet the government's ongoing obligations to citizens and other creditors.
21
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
The following table was derived from the current and prior years' Statement of Activities:
Governmental activities
Results of Operations (in thousands)
2022 2021*
Revenues:
Program Revenues
Charges for services $ 66,892 $ 64,682
Operating Grants and contribution 100,744 81,215
Capital Grants and contributions 123,732 64,046
Generalrevenues
Property taxes 167,471 159,737
Sales and use taxes 109,072 99,511
Other taxes 15,188 15,712
Earnings/(loss)on inveshnents (10,767) (1,229)
Otherrevenues 11,042 5,168
Total revenues 583,374 488,842
Expenses:
General government 116,375 105,277
Judicial 11,746 10,422
Public safery 102,458 90,115
Highways and streets 122,031 99,968
Health&human services 61,835 57,676
Culture&recreation 14,599 13,414
Conservation of natural resources 577 655
Economic development 1,758 1,099
Developmental disabilities 8,018 7,237
Community services 409 456
Sanitation 99 89
Interest&fiscal charges 50 113
Total expenses 439,956 386,521
Change in net position 143,418 102,321
Net Position-beginning 966,202 863,881
Net Position-ending $ 1,109,620 $ 966,202
*2021 has not been restated for GASB 87.
During the current fiscal year, Douglas Counry's governmental activities increased the net position of the County
by$143,418,010 (14.8%)from the prior fiscal year. Total revenue reported in the Government-wide Statement of
Activities for 2022 increased by$94.5 million (19.3%) over 2021.
- Operating gants and contributions revenue increased in 2022 by $19.5 million (19.4%). FEMA
reimbursement of$1.6 million received from prior year expenditures, Emergency Rental Assistance
revenue increased by $4.1 million, highways and streets operating grants and contributions
revenue increased by $9.0 million; health and human services revenue increased by $4.6
million , and culture and recreation revenue decreased by$4.5 million.
22
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
- Capital grants and contributions revenue increased $59.7 million (93.2%) over 2021. Infrastructure
conveyances to the County were $62.7 million more than in 2021 due to the continuing growth in
the Sterling Ranch Subdivision.
- Property taxes increased $7.7 million (4.6%) over 2021. Property taxes collected in 2022 are based
on taxes assessed in 2021,which was a reappraisal year.
- Sales taxes increased $9.6 million (9.6%) over 2021. 2022 sales tax revenue from warehouse clubs,
supercenter stores and home centers were all up over .2021 The price of both new and used vehicles
also went up over 2021 leading to increased sales tax revenue in this area. Online sales also
continued to be a large part of the 2022 sales tax increases over 2021.
- Loss on investments increased $9.5 million (776.1%) when compared to 2021. This was due to a
wide swing in the unrealized loss on investments from the end of 2021 to year end 2022.
Total reported expenses for 2022 Government-wide activities increased $53.4 million (13.8%) compared to
2021. Line items experiencing notable changes included:
- General Government expenses increased $ll.l million (10.5%) over 2021. Federally funded grant
expenses increased by $12.1 million in 2022 over 2021 as the America Rescue Plan Act (ARPA)
allocation was spent to assist the community with projects for the intellectual development
disabilities housing, broadboad infrastructure, and robotics lab at Arapahoe Community College;
community initiatives to expand personnel to mitigate wildfires. The Board approved mid-year
salary adjustments and stipends in 2022. Technology expenses increased$0.9 million as the County
continues to leverage technology to increase productivity.
- Public safety expenses increased$12.3 million(13.7%) over 2021. In 2022, an addition of 35.5 FTE
were added resulting in additional operating expenditures. Expenses at the Sheriff's office increased
$5.8 million and additional $3.9 million increase in the law enforcement expenditures.
- Highway and Street expenses increased $22.1 million (22.1%) when compared to 2021.
Governmental support expenses in the Transportation Infrastructure fund increased by $14.1 million
for payments toward intergovernmental support to Colorado Department of Transporation for the
construction of US highway 85 improvements in 2022. Sales and use tax sharebacks to
municipalities in the County increased $6.1 million over 2021 as overall sales and use tax revenues
increased.
- Health and Human Services expenses in 2022 increased$4.2 million (7.2%) over 2021. Expenses in
the General Fund for health and human services increased $1.3 mllion as the County made mental
health a priority in 2022 and the Douglas Counry Health Department was established in 2022 and
the total expenses were $2A million. Expenses in the Human Services fund increased $0.8 million
as the number of citizens requesting financial assistance continued to rise in 2022.
Douglas County's $291.4 million in program revenue which is reported in the Statement of Activities, increased
during the current fiscal year by $81.4 million (38.8%) in comparison to 202L This increase is due to large
conveyances of infrastructure to the County in 2022 caused by the continued development at Sterling Ranch
which increase the capital contributions recorded in the government wide statements. Program revenues help
offset program expenses of$440.0 million in the various programs. The program revenues of$291.4 million do
not include any tax revenues, which are the primary source of funding for governmental activities.
23
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Financial Analysis of the Governmental Funds
As noted earlier,Douglas County uses fund accounting to comply with finance-related legal requirements.
Governmental Funds
The focus of Douglas County's governmental funds is to provide information on short-term inflows, outflows
and the balance of resources available for future spending. Such information is useful in assessing the County's
financing requirements. Unassigned fund balance may serve as a useful measure of a government's net resources
available for discretionary spending as this represents the partion of fund balance which has not yet been limited
to use for a particular purpose by either an external party, Douglas County Government itself, or any other
division of the County with the authority to assign fund balance for use in a particular project through the Board
of County Commissioners.
At the close of the 2022 fiscal year, the County reparted a combined total fund balance in its governmental funds
(including blended component units) of $342,884,028 an increase of $11,664,089 (3.5%) over 2021. Of the
combined fund balance, $(24,184).
The remainder of fund balance is not readily available for discretionary spending because it has been constrained
as follows: $8,944,585 (2.6%) is nonspendable as these account for assets in inventories and prepaid
expenditures; $209,330,034 (61.0%) is restricted to uses regulated or controlled by outside agencies or voter
approval, portions of which are not designated for a specific project; $44,347,283 (12.9%) is contractually
committed to specific projects formally approved by the Board of County Commissioners. Assigned fund balance
of $80,286,310 (23.4%) is assigned to various uses through commissioner, or director direction for planned or
intended actions, or limited in use by the specific revenue source through which the fund balance was obtained.
The County's nine major governmental funds are: 1) General Fund, 2) Road and Bridge Fund, 3) Human
Services Fund, 4) Law Enforcement Authority (LEA) Fund, a blended component unit of the County, 5) Road
Sales and Use Tax Fund, 6)Parks and Open Space Sales and Use Tax Fund which was classified as a major fund
in 2022, 7) Justice Center Sales and Use Tax Fund, 8) American Rescue Plan Act Fund, and new in 2022, 9)
Douglas County Health Department.
General Fund — As the County's main operating fund, the General Fund accounts for all transactions not
accounted for in other funds. The General Fund completed the year with a total fund balance of$56,512,945 , a
$17.7 million (-23.8 %) decrease over 2021. The decrease in the fund balance of the General Fund is caused by
total revenues of$132.9 million as well as other financing sources of$20.5 million and total expenses of$171.1
million. Total Revenue for 2022 decreased$11.1 million (-7.7%) over 2021 and total expenses increased$15.8
million (10.1%) The General Fund experienced increased property tax revenues of$7.7 million, but a decline in
charges for services revenue $2.2 million. Due to changes in the investment market there was an increase in
unrealized investment loss of $12.8 million. The 2022 fund balance is constrained as follows; $5.8 million
(10.3%) is nonspendable because it is held as a prepaid expenditure or inventory. $11.7 million (20.6%) of fund
balance is restricted to uses regulated or controlled by outside agencies. $5.0 million (8.8%) is contractually
committed to specific projects previously approved by the BOCC and $34.0 million (60.2%) is assigned to
various uses through commissioner, or director direction. $8.2 million is assigned as a risk reserve determined
through an analytical model developed to quantify the probability of various risks to the County. $2.5 million is
assigned to begin the process of separating the County from the 18th judicial district and to form a new judicial
district by 2024. There is a$1.0 million assignment for fuel and petroleum products. $0.4 million for technology
software, $0.5 million for mental health initiatives, $0.5 million for water intitiatives, $2.0 million is assigned to
subsidize future needs in the human serivices fund, $5.1 million in community development assistance which
includes $4.5 million in emergency rent assistance. $2.0 million is assigned to subsdize the LEA fund far the
24
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
salaries of the new patrol division, $0.7 million for public safety initiatives including two new vehicles and
inmate services, $0.3 million for three FTE for the Coroner, and $2.2 million is assigned to election costs in
2023. $1.9 million will be re-apportioned into the 2023 budget through the roll of opened 2022 purchase orders.
As a measure of the fund's ability to meet its revenue generating needs it is useful to compare the total of the
assigned and unassigned fund balance at the end of fiscal year 2022 to the budgeted total expenditures and
transfers for the following fiscal year, 2023. The total of the assigned and unassigned fund balance of the
General Fund at the end of fiscal year 2022 is $34.0 million. This represents 18.6% of the adopted budget for
General Fund total expenditures and transfers-out for 2023 of $182.9 million, or 20.6% of the 2023 adopted
budget far General Fund total revenues and transfers-in of$165.4 million. This indicates that the General Fund
could sustain an approximate 19.6% combination of budgeted revenue short falls, and/or expenditures over
budget, in 2023 before the liquidity of the General Fund would be severely compromised.
The General Fund's main source of revenue is property taxes. Property tax provided 74.0% of the General
Fund's total revenues of$132.9 million. The county received $95.6 million in 2021 and $983 million in 2022,
an increase of 2.9%. 2021 was a reassessment year and the reassessment of values was expected to provide an
approximate 2.2% decrease in property taxes collected in 2022. New growth was negated by the decrease in
assessment rates from the repeal of the Gallagher Amendment. License and Permit revenue decreased $0.2
million over 2021 as building and construction projects declined as interest rates begin to rise.
Intergovernmental revenue increased $0.3 million. Charges for services provided $25.0 million in revenue in
2022 compared to $27.2 million in 2021, a decrease of$2.2 million. As interest rates rise, there is a decline in
home purchases which results in a decline in the Clerk and Recarder's office recording fees, which decreased by
$2.4 million. Fees received from operations of the Public Trustee fees decreased by $0.4 million as there was a
decline in foreclosures in 2022. Investment loss increased significantly during 2022 over 2021 by $12.8 million.
This was due to unfavorable market conditions at the end of 2021 creating a$2.9 million unrealized market loss.
At the end of 2022 there was an unrealized market loss of$17.7 million due to changes in the investment market.
In 2022 General Fund total expenditures and other financing sources exceeded revenues and other financing
uses by $17.7 million and in 2021 total revenues and other financing uses exceeded expenditures and other
financing sources by $109 million. Total expenditures increased $15.8 million from $155.4 million in 2021 to
$171.1 million in 2022 or 10.1%. The payroll and benefit expenditures increased by 12.0 million over 2021 due
to the mid year market payroll adjustment, year end adjustment as well as the employee stipend paid to
employees in 2022. Information Technology expenditures increased $33 million in 2022 over 2021 as the
County continues to invest in technology to improve customer access as well as facilitate remote wark options.
Public Safety expenditures also rose by $6.1 million in 2022 over 2021 due to an addition of 35.5 FTE in 2022,
increased expenditures to safely house inmates, as well as an increase in extra duty expenditures as events
requiring security services increased in 2022 over 2021. There were also new expenditures of$1.5 million for
the new Douglas County Public Health Department.
General Fund Budget - During the year there were supplemental budget requests approved which increased
revenues $11.3 million (8.4%) and expenditures were increased by$29.4 million (18.1%). The 2022 expenditure
budget increased $4.5 million due to the roll forward of unused 2021 encumbered amounts. The Emergency
Rental Act funds created an increase in the revenue and expenditure budget of$7.6 million and various other
grants received throughout 2022 increased the revenue and expenditure budget by $4.7 million. There was also
$2.9 million of unspent funds far projects carried forward from 2021 which increased expenditures.
The variance of actual to final budgeted revenues of$146.3 million was negative $13.4 million due mainly to the
unrealized mark to market adjustment that resulted in a negative $16.9 variance in investment revenue.
25
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Due to ongoing improvements to internal processes, diligent stewardship, a strong use of technology, and the
carry- over of some large capital projects, the County maintained a positive total budget to actual expenditures
variance in the General Fund of$20.3 million. Significant savings occurred in each of the divisions listed below:
Final Actual
Division Budget Expenditure Variance
CapitalOutlay 3,793,460 2,510,993 1,282,467
Contingency 1,537,873 - 1,537,873
Clerk and Recorder 10,672,838 9,708,067 964,771
Community Development 20,577,869 15,361,500 5,216,369
Information Technology 23,728,786 21,665,624 2,063,162
Facilities,Fleet and Emergency Svcs 14,451,644 13,604,304 847,340
Judicial 12,373,609 11,745,938 627,671
Public Safety 60,956,026 58,630,707 2,325,319
Health and Human Services 7,449,127 5,903,764 1,545,363
The budget variance in capital outlay is due to ongoing budgeted and scheduled server replacements and delayed
vehicle replacements due to supply issues. There was over $1.5 million in the General Fund contingency budget
at the end of 2022. The positive variance of the clerk and recorder division is due to 2022 election expenditures
being less than expected, i.e., ballot printing, technology services. The Community Development division has a
positive variance in the planning department due to several grants whose reimbursement periods extend into
2023. The largest of these being the emergency rental assistance grant with $1.3 million left to be spent in 2023.
The variance in Information Technology is due to $1.7 million in outstanding purchase orders that will be rolled
over into the 2023 budget. Facilities, Fleet and Emergency Support Services positive variance is due to lower
than budgeted vehicle repairs and lower than budgeted repair and maintenance costs to buildings. The positive
variance in the Judicial Division was due to a supplemental budget request of $0.9 million far additional
expenditures expected by the District Attorney which were not billed to the County in 2022. The public safety
division's positive variance was due to vacancies in dispatcher positions lower than expected vehicle repair and
maintenance expenditures.
There were net transfers into the General fund of $203 million. Transfers into the General fund include a
transfer from Justice Center Sales and Use Tax fund to subsidize maintenance of the Robert Christensen Justice
Center; transfers from the Road and Bridge fund for maintenance cost for Cartegraph software and the Road
Sales and Use Tax fund transfer is to support engineering seroices; and a transfer from Capital Replacement
fund for replacement of vehicles. Transfers out of General fund offset the portion of Human Services
administration expenditures charged to Human Services through the indirect cost allocation plan that are not
reimbursed by the state; contribution to fund the new Health Department; subsidize the Law Enforcement
Authority for eight additional deputies; transfer funds into the Capital Expenditures Fund for improvements to
general government buildings; and transfer to internal service funds to subsidize the Medical, Dental, Vision
Self Insurance fund.
26
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Road and Bridge Fund — The Road and Bridge Fund accounts for revenue received from property taxes and
other revenue sources that, under statute, must be expended for road or bridge construction and maintenance, or
traffic signal installation, maintenance and repair. For 2022, this fund reported a total ending fund balance of
$30,547,580, an increase of $686,928 (2.3%) from 2021. Of this ending balance, $3,040,030 (10.0%) is
nonspendable as it is held in inventory or is a prepaid expenditure. $9,344,530 (30.6%) of fund balance is
committed to specific projects through re-appropriations in the 2023 budget. Of the remaining assigned fund
balance of$18,163,020 (59.5%), $8,028,834 is assigned to the calculated risk reserve, $615,213 is assigned for
purchases on order, and $5,948,029 is available for the County to use on new or continuing road maintenance
and improvements.
Approximately 20% of the County's total property tax revenue generated from its mill levy is allocated to this
fund. In accordance with state statute, of the $35.8 million in total property taxes allocated to this fund, $7.8
million was shared with the cities and towns located within the County. After taking into consideration the
share-back allowance, property tax revenue in the Road and Bridge Fund increased $0.7 million. Specific
Ownership Taxes decreased $0.5 million from 2021. Available Highway User Tax Fund (HUTF) revenue
increased$1.7 million. Total revenues increased$17.0 million(6.5%) over 2021.
Total expenditures in the Road and Bridge fund increased$6.7 million(12.2%)when compared to 2021. Current
operating expenditures increased$5.1 million and total other governmental support increased$1.7 million due to
an increase in the number of intergovernmental agreements to support proj ects not constructed by the County.
The transfer out of the Road and Bridge fund subsidizes the General fund for engineering services on various
road projects.
Human Services Fund— As required by state law, this fund is used to account for all federal and state public
aid and assistance programs administered by the County. Revenue sources include designated property taxes and
intergovernmental agency support. Approximately 90.0% of the support provided to Douglas County residents
through Human Services is funded by federal and state grants/reimbursements. The remaining 10.0% is funded
through dedicated property tax revenue . At the end of 2022 the fund balance in the Human Services Fund was
$4,461,738. Fund balance decreased $163,524 (-3.5%) compared to the 2021 ending fund balance. Human
Services revenue in 2022 increased by $1.8 million (3.6%). Federal and state funding increased $1.1 million to
fund the increase in demand for assistance programs offered by the Human Services fund in 2022.
Total expenditures in the Human Services Fund increased by $0.8 million(1.5°/o) as the need increased due to the
continuing impacts of the COVID- 19 health emergency. The transfer into the Human Services fund for $2.1
million from the General Fund, subsidizes the Human Services Fund for approximately 68% of the indirect costs
allocated to it through the County's annual cost allocation plan. The remaining approximately 32% of these costs
are reimbursed through the State allocation.
27
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Douglas County Health Department — The Douglas County Health Department Fund accounts for monies
received from state and federal grants, licenses, permits and other fees and funding from the General Fund,
which can only be used for health care, health education, health monitoring, environmental health, emergency
medical services plan, family planning and other related activites at the direction of the Public Health Director
and the Board of Health President or other Board of Health member designated by the President.
Begining in July, 2022 the Douglas County Health Department Fund was established, therefore there are no
prior year comparisons. The 2022 ending fund balance is $844,517. Revenue totaled $1.7 million of which $1.3
million was attributed to intergovernmental contributions and grants and $0.4 million was from charges for
services. Expenditures for this newly established fund total $2.0 million.
The transfer into the Douglas County Health Department Fund from the General Fund was the County's
contribution to fund the new Health Department.
Law Enforcement Authority (LEA) Fund — The Law Enforcement Authority is a separate statutory district
with its own mill levy dedicated to providing law enforcement services. The LEA Fund accounts for revenue
generated from the 4.5 mills levied to residents in the unincorporated areas of Douglas County which then funds
patrol and other related public safety services provided to these citizens. The 2022 ending fund balance of
$10,919,724 decreased$1,885,263 (-14.7%)when compared to 2021.
Total revenue in the LEA fund increased $2.1 million (1.8%) over 2021. Property tax revenue increased $1.5
million.
Expenditures in the LEA Fund increased$5.0 million(21.8%) over 2021. This increase in expenditures is due to
an increase in capital outlay of $1.1 million due to the delayed purchase of vehicles as supply issues were
encountered. Operating costs increased$3.9 million due to increasing personnel expenditures.
The transfer into the Law Enforcement Authority from the General Fund subsidizes the cost of an additional
patrol post added in 2018 and equates to salary and benefits for those employees.
Road Sales and Use Tax Fund — The Road Sales and Use Tax Fund accounts for revenue received from a
dedicated sales tax which is restricted to be used for roadway infrastructure construction. Of the County's total
1.0% sales tax, 0.4% was approved by the voters for this purpose. In November 2007, the voters of Douglas
County voted to extend the 0.4% sales and use tax dedicated for the improvement and maintenance of the
County's roads and bridges for another 20 years, extending it through December 31, 2030. The 2022 year-end
fund balance of$86,340,186 was an increase of$8,250,699 (10.6%) when compared to 2021. Due to the voter
restriction placed on the defining revenue source of this fund the entire fund balance of$86,340,186 has been
placed in restricted fund balance.
Total revenue increased $17.0 million (40.4%) in 2022. The dedicated sales tax revenue for the Road Sales and
Use Tax Fund increased $8.3 million after the required by resolution share-back of sales taxes to incorporated
areas of the County. Contributions and private grants increased in 2022 by $3.2 million as developer
contributions to help fund US highway 85 improvements increased in 2022.
Expenditures in the Road Sales and Use Tax fund increased $22.4 million (80.2%) in 2022 when compared to
2021. This increase is due to an increase in capital outlay of $9.9 million for infrastructure and an increase of
$14.1 million toward intergovernmental support for the construction of US highway 85 improvements. The repair
and maintenance of infrastructure decreased$21 million over prior year.
The transfer out of the Road Sales and Use Tax fund subsidizes the General Fund for engineering services
completed on various road projects.
2s
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Parks and Open Space Sales and Use Tax—The Parks, Trails, Historic Resources and Open Space Sales and
Use Tax Fund accounts for monies received from a dedicated sales tax (0.17%) that must be utilized for the
acquisition, development, and maintenance of open space, trails and parks. The 2022 year-end fund balance of
$33,822,255 was an increase of$7,901,852 (30.5%) when compared to 2021. Due to the voter restriction placed
on the defining revenue source of this fund the fund balance of$33,822,125 has been placed in restricted fund
balance.
Total revenue decreased $1.5 million (-8.4%) in 2022. The dedicated sales tax revenue for the Parks and Open
Space Sales and Use Tax Fund increased $1.6 million after the required by resolution share-back of sales taxes
to incorporated areas of the County. Intergovernmental revenue decreased in 2022 by$3.5 million.
Expenditures in the Parks and Open Space Sales and Use Tax fund increased$1.4 million (31.1%) in 2022 when
compared to 2021.
The transfer out of the Parks and Open Space Sales and Use Tax fund is for scheduled capital replacement
expenditures.
Justice Center Sales and Use Tax Fund — The Justice Center Sales and Use Tax Fund accounts for monies
received from a dedicated sales tax (0.25%) that must be utilized for capital improvements and operating costs
associated with the County's Robert A. Christensen Justice Center and related facilities.
The ending fund balance for 2022 is $29,355,836, this is a decrease of$3,582,335 (-10.9 %) when compared to
2021. Due to the voter restriction placed on the defining revenue source of this fund the entire fund balance of
$29,355,836 has been placed in restricted fund balance.
Total revenues in the Justice Center Sales and Use Tax Fund increased $2.5 million (9.9%). Sales tax revenues
are the only major revenue source for this fund and sales and use tax revenues increased$2.4 million in 2022.
Expenditures in the Justice Center Sales and Use Tax Fund are used exclusively to build, operate, and maintain
the Justice Center and other related public safety facilities. Total expenditures in 2022 increased $1.4 million
(1053%)when compared to 2021. Capital outlay expenditures increased$0.7 million.
The transfer out of the Justice Center Sales and Use Tax Fund to the General Fund is used to subsidize general
fund departments for the repairs and maintenance of the justice center. The transfer in 2022 of$28.6 million
increased by$2.1 million over 2021.
American Rescue Plan Act Fund — American Rescue Plan Act Fund (ARPA) accounts for the Coronavirus
Local Fiscal Recovery Funds received from the U.S. Department of the Treasury through the American Rescue
Plan Act. The County received $68.2 million. These funds may only be used in compliance with section 603c of
the Social Security Act. The funds may be used for eligible expenses incurred from March 31, 2021, until
December 31, 2024. These funds are held as a liability in an unearned revenue account until the County incurs
eligible expenses.
As of December 31, 2022, the fund balance was $1,067,968. This is the amount of interest revenue received on
the unspent funds the County received from the U.S. Department of the Treasury.
Eligible expenditures incurred in 2022 totaled $12,164,800 which leaves a balance of $55,920,498 in the
unearned revenue liability account.
29
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Other Nonmajor Governmental Funds — Combined fund balances in the other nonmajor governmental funds
at the close of the 2022 fiscal year totaled $89,011,279, representing an increase of$ 16,247,820 (22.3%) when
compared to 2021. This increase was driven by increased sales and use tax revenues and increase in
intergovernmental revenues and a decrease in transfers out.
Proprietary Funds
Total net position of the County's Internal Service Funds at the end of the year is $11,645,308, comprised of
$6,094,560 in the Workers Compensation and Unemployment Self-Insurance Fund, $3,152,350 in the Property
and Liability Self-Insurance Fund and$2,398,398 in the Medical, Dental and Vision Self-Insurance Fund.
30
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Asset and Debt Administration
Capital and Lease Assets
Douglas County's capital assets far its governmental activities as of December 31, 2022,
amounts to $772,377,502 (net of accumulated depreciation) an increase of 19.5% over 2021.
This investment in capital assets includes land,buildings and improvements, open space and
recreational facilities, fleet vehicles and equipment, computer software,hardware and
equipment,roads, streets,bridges and other infrastructure,lease assets, and construction in
progress as shown below:
Capital Assets
(in thousands,net of
Governmental Activities: amortization/depreciation)
2021
2022 (restated)
Land $ 154,627 $ 153,869
Buildings&improvements 182,649 182,044
Lease buildings 1,528 2,121
Lease cell towers 5,581 5,776
Equipment and vehicles 32,805 34,395
Lease equipment and vehicles 68 -
Infrastructure 360,593 250,924
Construction in progress 34,526 17,146
$ 772,378 $ 646,275
Additional information on the capital assets can be found in Note 6.
Major capital asset events during 2022 included:
• The Trumbull bridge, which crosses over the South Platte River, was rehabilitiated
in 2022 for$1.6 million.
• The Havana Street and Meridian Boulevard project to reconfigure the existing
intersection as well as replace traffic signal systems was completed in 2022 for $4.3
million.
• The Baldwin Dam modification project was completed in 2022 for$1.4 million.
• The County added $123.7 million in donated assets in 2022. The majority of this
was due to approximately 58 miles of roads in various subdivision developments
which were conveyed to the Counry with a value of$122.3 million.
31
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Significant construction commitments as of December 31, 2022, include:
— $1.5 million related to Cherry Creek Regional Trail.
—$51.0 million is re-appropriated in the 2023 budget for US 85 Sterling Ranch
infrastructure and US 85 improvements.
Long-Term Debt
At the end of the current fiscal year, Douglas County has no bonded debt outstanding. The
County made a �nal revenue bond payment in October of 2022. The remainder of the
County's long-term debt obligations is comprised of leases payable. The Counry entered into a
new lease for eleven vehicles for$83,861. Debt per capita is a useful indicator of the County's
debt position. Debt per capita was $8 for 2021 and is $19 for 2022. The County has a
continuing goal to maintain the County's strong debt rating. In October of 2019 S&P Global
Ratings raised its long-term rating to AA from AA- on Douglas County's open space sales and
use tax revenue refunding bonds. Additional information related to the County's long-term
debt can be found in Note 9 to the financial statements.
Economic Conditions Affecting the County
Unemployment was at 2.3% at the end of the year, which was lower than the state
unemployment rate of 2.7%. However, behind all these strong economic indicators is the
shadow of inflation creating reason to be cautious with future estimates of growth. As of
December 2022, the consumer price index inflation rate was 6.45%, inflationary pressures
continue to pose strong headwinds to consumer confidence and spending.
The receipt of$68.2 million in Local Fiscal Relief Funds through the American Rescue Plan
Act (ARPA)will allow the County to continue to address the ongoing effects of the COVID-19
public health emergency. According to guidance from the U.S. Department of the Treasury the
eligible uses for these funds include support of overall public health; addressing ongoing
negative economic impacts; replacing lost revenue; providing premium pay for essential
workers; and investing in water, sewer, and broadband infrastructure. The Douglas County
Board of County Commissioners want to ensure these funds are used to provide lasting
benefits, integrate with board priorities and, leverage partnership opportunities while ensuring
efforts are not duplicated. The County has established the following five core ARPA
investment priorities, water/wastewater infrastructure; mental and behavioral health; economic
recovery; community recovery; and broadband accessibility.
Fiscally conservative principles leave Douglas County well positioned to be able to continue to
provide our residents with efficient, convenient, and high-quality services. Through this fiscal
responsibility, transparency, and accountability the County strives to safeguard the quality of
life for all generations.
32
DOUGLASCOUNTY,COLORADO
Management's Discussion and Analysis
December 31,2022
Audit Committee
The County's audit committee was established by resolution on August 11, 2009. The
committee consists of five residents of the County; one from each commissioner district and
two from the County at large. Each member serves a three-year term upon initial appointment.
Requests for Information
This financial report is designed to provide our constituents and other interested parties with a
general overview of Douglas County's �nances and to demonstrate the County's accountability
for the monies it receives. Questions concerning any of the information provided in this report
or requests for additional financial information should be directed to the Douglas County
Finance Department, 100 Third Street, Suite 130, Castle Rock, Colorado, 80104. The Finance
Department can also be reached at(303) 660-7430 or by email at: finance@douglas.co.us.
33
34
BASIC FINANCIAL STATEMENTS
35
DOUGLASCOUNTY,COLORADO
Statement of Net Position
December 31,2022
Governmental
Activities
Assets:
Pooled cash and investments $ 444,782,488
Property taxes receivable 170,434,146
Accounts receivable,net 26,072,472
Lease receivable 620,566
Prepaid expenses and deposits 2,454,754
Inventories 6,693,831
Capital and lease assets:
Land and construction in progress 189,152,810
Other capital and lease assets,net of accumulated depreciation/amortization 583,224,692
Total assets 1,423,435,759
Liabiliries:
Accountspayable 23,681,734
Retainage payable 2,124,184
Accrued liabilities 17,300,883
Claims payable 3,631,337
Accrued interest payable 134,452
Payable to other governments 10,834,956
Unearned revenue 60,033,186
Security deposits and construction escrows 6,997,227
Long-term liabilities:
Due within one year 8,307,582
Due in more than in one year 9,830,889
Total liabilities 142,876,430
Deferred inflows of resources:
Property tax related 170,332,783
Lease related 606,307
Total deferred inflows of resources 170,939,090
Net Position
Net investment in capital and lease assets 761,545,642
Restricted:
Emergencies(TABOR) 10,304,050
General government 1,670,346
Highways and streets 124,229,592
Public safety 30,334,887
Culture and recreation 39,708,740
Conservation of natural resources 2,982,419
Developmental disabilities 100,000
Unrestricted 138,744,563
Total net position $ 1,109,620,239
See accompanying notes to basic financial statements
36
DOUGLASCOUNTY,COLORADO
Statement of Activities
Year Ended December 31,2022
Program Revenues
Operating Capital Total
Charges for Grants and Grants and Governmental
Functions/Programs Expenses Services Contributions Contributions Activitics
Governmental activities
General government $ 116,374,793 $ 56,071,213 $ 20,368,855 $ 104,910 $ (39,829,815)
Judicial 11,745,938 341,908 120,755 - (11,283,275)
Public safety 102,457,858 6,359,720 5,577,594 299,139 (90,221,405)
Highways and streets 122,031,470 1,442,682 20,987,263 123,328,012 23,726,487
Health and human services 61,834,882 374,787 51,969,468 - (9,490,627)
Culture and recreation 14,599,209 1,732,560 1,688,439 - (11,178,210)
Conservation ofnatural resources 577,446 - - - (577,446)
Economic development and assistance 1,757,562 - - - (1,757,562)
Developmental disabilities 8,017,584 500,000 - - (7,517,584)
Community services 409,368 - 31,665 - (377,703)
Sanitation 99,158 68,734 - - (30,424)
Interest and fiscal charges 50,350 - - - (50,350)
Total govemmental activities $ 439,955,618 $ 66,891,604 $ 100,744,039 $ 123,732,061 $ (148,587,914)
General revenues:
Taxes:
Property $ 167,470,858
Sales 109,072,260
Specific ownership 15,031,316
Other 156,649
[nvestment income(loss) (10,766,788)
Miscellaneous 1 1,041,629
Totalgeneralrevenues 292,005,924
Change in net position 143,418,010
Net position,January 1 966,202,229
Net position,December 31 $ 1,109,620,239
See accompanying notes to basic financial statements
37
DOUGLASCOUNTY,COLORADO
Balance Sheet
Governmental Funds
December 31,2022
Douglas County
General Road and Human Health
Fund Bridge Services Department
Assets
Pooled cash and investments $ 72,979,272 $ 37,721,643 $ 4,444,720 $ 818,880
Property tax receivable 99,771,763 36,447,628 3,050,083 -
Accounts receivable,net of allowance 4,213,752 1,016,788 1,249,542 832,921
Lease receivable - - - -
Prepaid items 2,135,625 31,888 4,042 31,578
Inventories 3,685,689 3,008,142 - -
Interfund receivables 32,885 - - -
Total assets $ 182,818,986 $ 78,226,089 $ 8,748,387 $ 1,683,379
Liabilities,Deferred Inflows of Resources and Fund Balances
Liabilities
Accountspayable 15,627,198 1,031,426 449,045 728,330
Retainage payable - 974,141 - -
Accrued liabilities 5,972,858 1,087,530 456,14] 110,532
Security deposits and construction escrows 51,735 6,945,492 - -
Payable to other governments 2,542,365 - 14,537 -
Unearned revenues 1,855,546 1,198,691 317,379 -
Interfund payables - - - -
Totalliabilities 26,049,702 11,237,280 1,237,102 838,862
Deferred Inflows of Resources
Unavailable revenue-property taxes 99,707,622 36,424,615 3,048,221 -
Unavailable revenue-receivables 548,717 16,614 1,326 -
Unavailable revenue-leases - - - -
Total deferred inflows ofresources 100,256,339 36,441,229 3,049,547 -
Fund balances:
Nonspendable 5,821,314 3,040,030 4,042 31,578
Restricted 11,665,471 - - -
Committed 4,978,096 9,344,530 - -
Assigned 34,048,064 18,163,020 4,457,696 812,939
Unassigned - - - -
Total fund balances 56,512,945 30,547,580 4,461,738 844,517
Total liabilities,deferred inflows of resources
and fund balances $ 182,818,986 $ 78,226,089 $ 8,748,387 $ 1,683,379
See accompanying notes to basic financial statements.
38
Justice
Law Road Parks and Open Center Other Total
Enforcement Sales and Space Sales and Sales and American Rescue Nonmajor Governmental
Authority Use Tax Use Tax Use Tax Plan Act Governmental Funds
$ 11,829,676 $ 94,079,892 $ 38,755,834 $ 24,995,987 $ 57,070,670 $ 87,013,473 $ 429,710,047
20,067,604 - - - - 11,097,068 170,434,146
56,854 7,345,653 3,031,829 4,376,899 - 3,948,030 26,072,268
- - 489,898 - - 130,668 620,566
9,057 - 130 - - 38,434 2,250,754
- - - - - - 6,693,831
- - - - - - 32,885
$ 31,963,191 $ 101,425,545 $ 42,277,691 $ 29,372,886 $ 57,070,670 $ 102,227,673 $ 635,814,497
76,911 4,839,654 250,916 9,825 10,770 657,659 23,681,734
- 1,124,886 - - - 25,157 2,124,184
831,828 7,732,003 121,295 7,225 71,434 910,037 17,300,883
- - - - - - 6,997,227
- 305,445 7,604,580 - - 368,029 10,834,956
67,320 673,752 - - 55,920,498 - 60,033,186
- - - - - 32,885 32,885
976,059 14,675,740 7,976,791 17,050 56,002,702 1,993,767 121,005,055
20,063,633 - - - - 11,088,692 170,332,783
3,775 409,619 - - - 6,273 986,324
- - 478,645 - - 127,662 606,307
20,067,408 409,619 478,645 - - 11,222,627 171,925,414
9,057 - 130 - - 38,434 8,944,585
745,000 86,340,186 33,822,125 29,355,836 - 47,401,416 209,330,034
897,450 - - - 225,631 28,901,576 44,347,283
9,268,217 - - - 842,337 12,694,037 80,286,310
- - - - - (24,184) (24,184)
]0,919,724 86,340,186 33,822,255 29,355,836 1,067,968 89,011,279 342,884,028
$ 31,963,191 $ 101,425,545 $ 42,277,691 $ 29,372,886 $ 57,070,670 $ 102,227,673 $ 635,814,497
39
DOUGLASCOUNTY,COLORADO
Reconciliation of the Governmental Funds Balance Sheet
to the Governmental Activities on the Statement of Net Position
December 31,2022
Total governmental fund balances $ 342,884,028
Amounts reported for governmental activities in the statement of net position
are different because:
Capital and lease assets used in governmental activities are not financial resources
and therefore are not reported in the funds.This amount is net of accumulated 772,377,502
amortization/depreciation of$667,284,745
Long-term liabilities,including bonds payable,leases payable and compensated absences,
are not due and payable in the current period and therefore are not reported
in the funds.
Lease liability (7,180,051)
Compensated absences (10,958,420)
Accrued interestpayable (134,452)
(18,272,923)
Deferred inflows of resources for amounts not received within the availability
period are not reported as revenue in the governmental funds. 986,324
Internal service funds are used by management to charge the costs of
insurance and other services to individual funds. The assets and liabilities
of the internal service funds are included in governmental activities in the
statement of net position. 11,645,308
Net position of governmental activities $ 1,109,620,239
See accompanying notes to basic financial statements.
40
41
DOUGLASCOUNTY,COLORADO
Statement of Revenues,Expenditures,
and Changes in Fund Balances
Governmental Funds
Year ended December 31,2022
Douglas
General Road and Human County Health
Fund Bridge Services Department
Revenues:
Taxes $ 98,325,261 $ 49,154,162 $ 3,005,493 $ -
Licenses andpermits 9,218,161 1,086,036 - -
Intergovernmental 11,969,127 11,847,334 47,454,625 1,309,095
Charges for services 25,018,442 5,500 - 374,787
Fines and forfeits 127,766 - - -
Investment income(loss) (14,895,833) - - 197
Contributions and private grants 407,704 - - -
Leases - - - -
Rents,reimbursements,other 2,770,004 170,685 832,758 -
Totalrevenues 132,940,632 62,263,717 51,292,876 1,684,079
Expenditures:
Current:
General government 77,194,771 - - -
Judicial 11,745,938 - - -
Public safety 58,728,150 - - -
Highways and streets 6,015,080 56,843,274 - -
Sanitation 156,592 - - -
Health and human services 6,008,289 - 53,469,706 2,039,562
Culture and recreation 5,646,511 - - -
Conservarion of natural resources 330,776 - - -
Economic development and assistance 1,757,562 - - -
Developmental disabilities - - - -
Communiry services 409,368 - - -
Total current 167,993,037 56,843,274 53,469,706 2,039,562
Capital outlay 2,S10,993 4,711,415 49,293 -
Debt service:
Principal 503,314 - - -
Interest 137,682 - - -
Total debt service 640,996 - - -
Total expenditures 171,145,026 61,554,689 53,518,999 2,039,562
Excess(deficiency)of revenues
ovcr(under)expenditures (38,204,394) 709,028 (2,226,123) (355,483)
Other financing sources(uses):
Proceeds on sale of capital assets 150,138 84,900 3,903 -
Leases issued 83,861 - - -
Transfers in 30,247,060 - 2,058,696 1,200,000
Transfers out (9,966,525) (107,000) - -
Total other financing sources(uses) 20,514,534 (22,100) 2,062,599 1,200,000
Net change in fund balances (17,689,860) 686,928 (163,524) 844,517
Fund balances,January 1 74,202,805 29,860,652 4,625,262 -
Fund balances,December 31 $ 56,512,945 $ 30,547,580 $ 4,461,738 $ 844,517
See accompanying notes to basic financial statements.
42
Parks and Justice
Law Road Open Space Center American Other Total
Enforcement Sales and Sales and Use Sales and Rescue Plan Nonmajor Governmental
Authority Use Tax Tax Use Tax Act Governmental Funds
$ 22,006,860 $ 43,612,986 $ 15,931,033 $ 27,258,117 $ - $ 33,203,529 $ 292,497,441
- - - - - - 10,304,197
104,537 5,009,927 - - 12,164,800 6,197,955 96,057,400
1,639,060 - - 48,700 - 1,390,342 28,476,831
784,518 - - - - 238,053 1,150,337
234,012 1,275,604 610,074 429,153 1,053,255 526,750 (10,766,788)
8,968 4,114,346 9,540 - - 580,033 5,120,591
- - 62,436 - - 39,205 101,641
55,133 5,061,747 80,574 - - 141,008 9,111,909
24,833,088 59,074,610 16,693,657 27,735,970 13,218,055 42,316,875 432,053,559
- - - - 5,527,882 791,016 83,513,669
- - - - - - 11,745,938
26,330,095 - - 1,048,090 - 9,315,589 95,421,924
- 31,892,887 - - - 1,756,815 96,508,056
- - - - - 99,158 255,750
- - - - - 56,915 61,574,472
- - 4,801,449 - - 1,797,413 12,245,373
- - - - - - 330,776
- - - - - - 1,757,562
- - - - - 8,017,584 8,017,584
- - - - - - 409,368
26,330,095 31,892,887 4,801,449 1,048,090 5,527,882 21,834,490 371,780,472
1,549,499 18,431,024 1,056,521 1,708,900 6,636,918 5,552,002 42,206,565
- - - - - 3,128,421 3,631,735
- - - - - 65,561 203,243
- - - - - 3,193,982 3,834,978
27,879,594 50,323,911 5,857,970 2,756,990 12,164,800 30,580,474 417,822,O15
(3,046,506) 8,750,699 10,835,687 24,978,980 1,053,255 11,736,401 14,231,544
109,743 - - - - - 348,684
- - - - - - 83,861
1,051,500 - 95,000 - - 5,700,176 40,352,432
- (500,000) (3,028,835) (28,561,315) - (1,188,757) (43,352,432)
1,161,243 (500,000) (2,933,835) (28,561,315) - 4,511,419 (2,567,455)
(1,885,263) 8,250,699 7,901,852 (3,582,335) 1,053,255 16,247,820 11,664,089
12,804,987 78,089,487 25,920,403 32,938,171 14,713 72,763,459 331,219,939
$ 10,919,724 $ 86,340,186 $ 33,822,255 $ 29,355,836 $ 1,067,968 $ 89,011,279 $ 342,884,028
43
DOUGLASCOUNTY,COLORADO
Reconciliation of the Statement of Revenues,Expenditures,and Changes in Fund Balances of
Governmental Funds to the Statement of Activities
Year Ended December 31,2022
Net change in fund balances-total governmental funds $ 11,664,089
Amounts report for governmental activities in the statement of
activities are different because:
Governmental funds report capital outlays as eacpenditures.However,in the
statement of activities,the cost of those assets is allocated over their
estimated useful lives and reported as amortization/depreciation expense.This is
the amount by which amortization/depreciation exceeded capital outlays in the
current period:
Capital outlay 42,206,565
Construction in progress capitalized and written off
in current year(discontinued projects) (167,451)
Amortization/depreciation expense (38,566,113)
Excess of depreciation over capital outlay 3,473,OO1
Sale of capital assets is reported as revenues in the governmental
funds and not reported as revenues in the statement of activities. (348,684)
The statement of activities reports losses arising from the sale of capital
assets.Conversely,governmental funds do not repart any losses on the sale
of capital assets (753,833)
The issuance of long-term debt(e.g.,lesaes)provides current resources to
governmental funds,while the repaoyment of the principal of long-term debt
consumes the current financial resources of governmental funds.
Leasesissued (83,861)
Repayment of debt principal is an expenditure in the governmental funds,
but the repayment reduces long-term liabilities in the statement of net position.
Bonds payable 2,965,000
Lease payable 801,186
Revenues in the governmental funds that provide current financial resources
were previously accrued in the statement of activities when they were
earned. (8l 3,112)
Deferrred inflow of resources for amounts not received within the availability
period are not reported as revenue in the governmental funds. 986,324
Some revenues/contributions reported in the statement of activities do not
provide current financial resources and therefore,are not reported
as revenues/expenditures in governmental funds:
Donation of capital assets from others 123,732,061
Some expenses reported in the statement of activities do not require
the use of current financial resources and therefore,are not reported
as expenditures in governemntal funds:
Accrued interest (121,109)
Compensated absences (1,306,371)
(1,427,480)
Internal services funds are used by management to charge the costs of certain
activities,such as insurance to individual funds.The net revenue(expense)
of certain internal service funds is reported with governmental activities. 3,223,319
Change in net position of governmental activities $ 143,418,010
See accompanying notes to basic financial statements.
44
DOUGLASCOUNTY,COLORADO
Statement of Net Position
Proprietary Funds
December 31,2022
Governmental
Activities
Internal
Service
Funds
Assets
Current assets:
Pooled cash and investments $ 15,072,441
Accounts receivable 204
Prepaid expenses 204,000
Total current assets 15,276,645
Total assets $ 15,276,645
Liabilities
Current liabiliries:
Accrued claims and expenses payable $ 3,631,337
Total current liabilities 3,631,337
Total liabilities 3,631,337
Net Position
Unrestricted 11,645,308
Total net position 11,645,308
Total liabilities and net position $ 15,276,645
See accompanying notes to basic financial statements.
45
DOUGLASCOUNTY,COLORADO
Statement of Revenues,Expenses,and Changes in Fund Net Position
Proprietary Funds
Year Ended December 31,2022
Governmental
Activitics
Internal
Service
Funds
Operating revenues:
Charges for services $ 26,161,039
Other operating revenue 1,169,896
Total operating revenucs 27,330,935
Operating expenses:
Purchased services 1,102,045
Fixed charges 3,264,236
Insurance benefits/claims 22,741,335
Total operating expenses 27,107,616
Transfers:
Transfers in 3,000,000
Total transfers 3,000,000
Increase in net position 3,223,319
Total net position-beginning of year 8,421,989
Total net position-end of year $ 11,645,308
See accompanying notes to basic financial statements.
46
DOUGLASCOUNTY,COLORADO
Statement of Cash Flows
Proprietary Funds
Year ended December 31,2022
Governmental
Activities
Internal
Service
Funds
Cash flows from operating activities:
Cash received from internal customers $ 27,330,890
Cash payments to external suppliers far goods and services (27,766,180)
Net cash used by operating activities (435,290)
Cash flows from noncapital financing activities:
Transfers in 3,000,000
Net cash provided by noncapital financing activities 3,000,000
Net increase in cash and cash equivalents 2,564,710
Cash and cash equivalents,January 1 12,507,731
Cash and cash equivalents,December 31 $ 15,072,441
Reconciliation of operating income to net cash provided
by operating activities:
Operating loss $ 223,319
Adjustments to reconcile operating income to net
cash provided by operating activities:
Increase in accrued claims and e�penses payable (658,564)
Decrease in accounts receivable (45)
Total adjustments (658,609)
Net cash used by operating activities $ (435,290)
See accompanying notes to basic financial statements.
47
DOUGLASCOUNTY,COLORADO
Statement of Fiduciary Net Position
Fiduciary Funds
December 31,2022
Total
Custodial Funds
Assets:
Cash and investments $ 5,291,622
Accounts receivable 4,606,931
Total assets $ 9,898,553
Liabilities:
Accounts payable $ 130,439
Accrued expenses 7,817
Due to others 8,437,656
Totalliabilities $ 8,575,912
Net Position
Restricted for:
Individuals,other governments $ 1,322,641
Total net position $ 1,322,641
See accompanying notes to basic financial statements.
48
DOUGLASCOUNTY,COLORADO
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
Year Ended December 31,2022
Total
Custodial Funds
Additions
Treasurer contributions $ 706,791,002
Inmate deposits 3,067,660
Interest 3,599
Fees 372,077
Total addirions $ 710,234,338
Deductions
Treasurer payments $ 706,791,002
Inmate payments 2,709,963
Payments to outside vendors 375,676
Total deductions $ 709,876,641
Net increase in fiduciary net position 357,697
Net position-beginning 964,944
Net position-ending $ 1,322,641
See accompanying notes to basic financial statements
49
NOTES TO BASIC FINANCIAL STATEMENTS
50
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(1) Financial Reporting Entitv
Douglas County, Colorado (the County) was formed in 1861 as a political subdivision of the State of
Colorado and is subject to its statutes and empowerments. A three-member Board of County
Commissioners, elected at large, governs the County. In addition, there are six other elected officials of the
County which are the Assessor, Clerk and Recorder, Coroner, Sheriff, Surveyar and Treasurer.
The County provides a wide range of services to its residents, including public safety, planning, zoning,
building inspection, property assessment, elections, document recording, motor vehicle registration, tax
assessment and collection, infrastructure construction and maintenance, parks and open space, health
services, social services, and other general administrative services.
The financial reporting entity consists of the primary government and its component units. As required by
US GAAP, the accompanying financial statements present the financial activities of the Counry, the primary
government, and its component units. The County is the primary government because it has a separately
elected governing body, is legally separate, and is fiscally independent of any other state and local
governments.
The definition of the reporting entity is based primarily on the notion of financial accountability. The elected
officials governing Douglas County are accountable to their constituents for their public policy decisions,
regardless of whether those decisions are carried out directly through the operations of the County or by
their appointees through the operations of a separate entity. The County is financially accountable for legally
separate organizations if 1) County officials serve as the governing body of the entity or appoint a voting
majority of the entity's governing body and 2) the County can impose its will on that entity or there is a
potential for specific financial benefits to, or burdens on,the Counry through the entity.
(a) Blended Component Units
All component units included in the County's reporting entity are reported using the blended
method. Blended component units are, in substance, part of the County's operation and therefore,
information on these units is blended with the financial information of the County. This method is
used when any of the following circumstances are met:
1) The component unit's governing body is substantively the same as the governing body of the
primary government; and a)there is a financial benefit or burden relationship between the primary
government and the component unit or b) management of the primary government has operational
responsibility for the component unit.
2) The component unit provides services entirely or almost entirely to the primary government.
3) The component unit's total debt outstanding, including leases, is expected to be repaid entirely
or almost entirely with resources of the primary government.
The following entities are included in the financial statements as blended component units based
upon meeting the criteria for blending and/or their significant financial and operational
relationships to the County. Separately issued financial statements are not available for the
blended component units.
51
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
Douglas County Law Enforcement Authority - The Law Enforcement Authority (LEA) is a
district formed as a political subdivision of the State to provide law enforcement services to the
unincorporated areas of Douglas County. The Authoriry is empowered to levy property taxes (not
to exceed seven mills). The Authority's Board of Directors is the County's Board of County
Commissioners, which sets the mill levy and adopts and appropriates the LEA budget.
Management of the County has operational responsibility for the component unit. Additionally,
there is a financial benefit ar burden relationship between Douglas County and the Authority. The
LEA provides its revenues to assist in the provision of law enforcement services exclusively to the
unincorporated portions of Douglas County. The district is included in the reporting entity as a
blended component unit and is presented as a special revenue fund.
Douglas County Woodmoor Mountain General Improvement District - This improvement
district was formed in late 1992 as a political subdivision of the State upon petition by a majority
of the electors who own taxable real or personal property within the district. The purpose of the
district is to maintain and to make capital improvements to the roads in the district. The district
has the power to levy property taxes and the Board of County Commissioners constitutes ex-
officio the board of directors of the district. As the District's board and the County's Board of
County Commissioners are the same, the Counry may impose its will and there is a financial
benefitlburden relationship with the district. The district's budget is adopted independently from
the overall County budget. The district is included in the reporting entity as a blended component
unit and is presented as a special revenue fund.
Douglas County Lincoln Station Local Improvement District (LID) - This improvement
district was formed in January 2009 for imposing sales tax within the boundaries of the LID to
assist in financing the design, construction, installation, operation, and maintenance of certain
public improvements within the LID that the County is authorized to provide. These
improvements generally consist of transportation improvements supporting the Lincoln Avenue
Light Rail Station, including street and roadway improvements and related traffic and safety
controls, park and recreation improvements, water and sanitation improvements and drainage
improvements. The County Commissioners serve as the Board for the improvement district. As
the LID's board and the Board of County Commissioners are the same, the County may impose its
will and there is a financial benefit/burden relationship with the district. The district's budget is
adopted independently from the overall County budget. The district is included in the reporting
entity as a blended component unit and is presented as a special revenue fund.
Douglas County Deputy Sheriff's Association — This is a special support unit of the Sheriff's
Office whose intent is to further the profession of law enforcement, create awareness within the
community and serve as a service organization to the Sheriff's Office. This unit provides programs
which are of a direct benefit to the members of the Sheriff's Office and facilitates extra duty
employment. The Douglas County Deputy Sheriff's Association (DCDSA) is incorporated under
the laws of the State of Colorado and is subject to the policies and procedures of the Sheriff's
Office. While the Association's financial statements are not material to the financial statements of
Douglas County; the Sheriff, an elected official of the County, directly appoints a voting maj ority
of the organization's board giving management of the primary government operational
responsibility for the component unit. The Association's Board may review, approve, reject, or
amend a yearly budget for DCDSA as necessary, but this budget is not approved or monitored by
the Douglas County Board of Commissioners. The Association is included in the reporting entity
as a blended component unit and is presented as a special revenue fund.
52
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
Fallen Officer's Fund — This fund collects tax-exempt donations which aid Douglas County
Sheriffls Office members who are killed or seriously injured in the line of duty or who become
deceased through illness, accident, injury, or natural causes not related to any performance of
duty. While the Fund's financial statements are not material to the financial statements of
Douglas County; the Sheriff, an elected official of the County, directly appoints a voting majority
of the organization's board giving management of the primary government operational
responsibility for the component unit. The Fallen Officer's Fund is a Colorado 501 (c) (3), tax
exempt charitable organization. The Fund's board may review, approve, reject, or amend a yearly
budget for the funds as necessary, but this budget is not approved or monitored by the Douglas
County Board of Commissioners. This Fund is included in the reporting entity as a blended
component unit and is classified as a special revenue fund.
(b) Related Organizations
The Board is responsible for appointing board members for other organizations; however, the
commissioners' accountability does not extend beyond those appointments. The commissioners
themselves may serve on other organizations' boards and provide some financial and operational
influence,but they do not serve in a controlling capacity. These organizations are not included as
component units of the County; however, any financial support and obligations of the County
related to these organizations are reported in the County's financial statements.
(2) Summary of Significant Accounting and Reporting Policies
This summary of significant accounting and financial reporting policies of the County is presented to assist
the reader in effectively evaluating the County's financial statements. These policies conform to US GAAP
applicable to governmental entities. The Governmental Accounting Standards Board (GASB) is the
accepted standard-setting body for establishing governmental accounting and financial reporting principles
and their pronouncements have been consistently applied in the preparation of the accompanying financial
statements. The following is a summary of the significant policies.
(a) Basic Financial Statements
Basic financial statements consist of the government-wide financial statements and the fund
financial statements. The government-wide financial statements include a statement of net
position and a statement of activities. The fund financial statements provide a more detailed level
of financial information for the various governmental and proprietary funds.
Government-wide financial statements display information about the reporting entity as a whole.
The effect of inter-fund activity has been removed from these statements, which focus more on
the sustainability of the County as an entity and the change in aggregate financial position
resulting from the activities of the reporting period. The statement of net position presents the
County's non-fiduciary assets, liabilities, and deferred inflow of resources, with the difference
reported as net position. Since the fiduciary funds are not available to the County, these funds are
not reported in the government-wide statements. The statement of activities demonstrates the
degree to which the direct expenses of a given function are offset by program revenues. Direct
expenses are those that are clearly identifiable with a specific function or segment. Program
revenues include 1) charges to citizens who purchase, use, or directly benefit from goods,
53
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
services, or privileges provided by a given function and 2) grants and contributions that are
restricted to meeting the operational or capital requirements of a particular function or segment.
Taxesand other items not included among program revenues are reported instead as general
revenues.
Fund financial statements display infarmation at the individual fund level. Each fund is
considered as a separate accounting entiry. The County's funds are classified and summarized as
governmental, proprietary, or fiduciary. Maj or individual governmental funds are reparted as
separate columns in the fund financial statements. Nonmajor funds are reported in a single
column in the financial section of the basic financial statements and detailed further in the
supplementary section.
(b) Basis of Presentation
The financial transactions of the County are recorded in individual funds. Each fund is accounted
for by providing a separate set of self-balancing accounts that is comprised of assets, liabilities,
fund balance, revenues, and expenditures. The various funds are reparted by classification within
the financial statements.
The County reports the following major governmental funds:
General Fund — The General Fund is the County's primary operating fund which accounts far
all financial operations of the Counry except those required to be accounted for in another
designated fund. Principal sources of revenue for this fund are property taxes, licenses and
permits, intergovernmental assistance and charges for services. Primary expenditures are for
functions related to public safety,planning and zoning, property valuation, tax collection, vehicle
licensing, document recording, building inspection, engineering, culture and recreation and other
County administrative functions.
Road and Bridge Fund — The Road and Bridge Fund is a special revenue fund that is funded
through the assessment of property tax and accumulates costs related to the
construction/installation and maintenance of County roads, bridges, and traffic signals, apart
from costs associated with engineering and public warks administration, which are recorded in
the General Fund. By state law, Colorado counties are required to establish a Road and Bridge
Fund with a partion of any property taxes assessed for this purpose to be allocated to cities and
towns located within that county.
Human Services Fund -As required by state law, this fund is used to account for all federal and
state public aid and assistance programs administered by the County. Restricted revenue sources
include designated property taxes.
Douglas County Health Department Fund - The Douglas Counry Health Department Fund is a
special revenue fund that provides health services to County residents. The fund reflects revenue
received from state and federal grants, licenses, permits and other fees and funding from the
General Fund. Any moneys credited to this fund shall only be used for health care, health
education, health monitoring, environmental health, emergency medical services plan, family
planning, and other related activites; at the direction of the Public Health Director and the Board
of Health President or other Board of Health member designated by the President.
54
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
Law Enforcement Authority (LEA) Fund — The LEA Fund is a special revenue fund which
accounts for revenues received from properry tax levied by the Law Enforcement Authoriry (a
special taxing district reported as a blended component unit of the County). Monies are used to
provide public safety services to unincorparated areas of the County by the Sheriff's Office.
Road Sales and Use Tax Fund — The Road Sales and Use Tax Fund is a special revenue fund
which accounts for revenues received from the 0.4% sales and use tax approved by voters in 1995
to be used for the improvement and maintenance of County roads and bridges. The incorporated
municipalities located within the County share these revenues. Though initially set to sunset in
2010, in November 2007, the voters of Douglas County voted to extend the 0.4% sales and use
tax dedicated for the improvement and maintenance of the County's roads and bridges for
another 20 years, extending it through December 31,2030.
Justice Center Sales and Use Tax Fund —The Justice Center Sales and Use Tax Fund is a
special revenue fund which accounts for revenues received from 0.25% of the County's 1.0%
sales and use tax is used for the construction and ongoing operation of the County's Justice
Center. In November 2019, voters of Douglas County voted to redirect 0.13% of the sales tax
revenue subject to sunset on December 31, 2020, along with 0.05%in perpetuity(for a combined
total of 0.18%) to the new Transportation Infrastructure Sales and Use Tax Fund effective
January 1, 2020. The remaining 0.05%, initially scheduled to sunset on December 31, 2010,
remains in perpetuity along with the existing 0.20% for ongoing operating costs.
Parks and Open Spaces Sales and Use Tax Fund—The Parks, Trails, Historic Resources and
Open Space Sales and Use Tax Fund accounts for revenues received from the 0.17% sales and
use tax approved by the voters in 1994 for the acquisition, development, and maintenance of open
space, trails, and parks. Beginning in December 2022, the municipalities of Castle Pines and
Lone Tree were added to the original three wholly incorporated municipalities of Castle Rock,
Parker amd Larkspur located within the County that share these revenues.
American Rescue Plan Act Fund — The American Rescue Plan Act Fund is a special revenue
fund which accounts for revenues received from the United States Treasury as part of the
Coronavirus Local Fiscal Recovery Fund. Douglas County received $341 million from this fund
in 2021 and $34.1 million in 2022. This funding provides the government with a substantial
infusion of resources to meet pandemic response needs and rebuild a stronger, and more
equitable economy as the country recovers. Funds may be used to; support public health, address
negative economic impacts caused by the public health emergency, replace public sectar lost
revenue, provide premium pay for essential workers, or to invest in water, sewer, and broadband
infrastructure. These funds must be used to cover eligible costs incurred from March 3, 2021,
through December 31, 2024, and must all be spent by December 31, 2026.
The County also reports the following fund types:
Nonmajor Governmental Funds — In addition to the major funds listed above, the County
reports on seventeen nonmajor governmental funds. There are thirteen special revenue type funds
which account far revenues generated from various sources such as property and sales taxes,
grants and contributions and sheriff's deputy extra duty charges for services. These funds expend
those revenues far public safety, infrastructure, maintenance of open space, trails and parks, solid
waste disposal, school safety and mental health initiatives, LID and GID improvements and drug
trafficking prevention. Three of the nonmajor governmental funds are capital project funds.
55
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
These funds account for the financial resources collected and used to acquire, construct, maintain
and replace capital assets including facilities, vehicles, and equipment. The remaining nonmajor
governmental fund is a debt service fund which accounts for the payment of principal and interest
on revenue bonds issued by the Counry. The revenues used for debt payments are generated from
sales and use taxes.
Internal Service Funds — These funds account for the �nancing of goods or services provided
by one department or agency to other departments or agencies of the County on a
cost-reimbursement basis. Self-insurance programs for employee benefits and property and
liability insurance are accounted for in these funds.
Fiduciary Funds — These funds account for assets held by the County as an agent for other
entities or organizations. Fiduciary funds are excluded from the government-wide financial
statements because the resources of those funds are not available to support the Counry's own
programs. The fiduciary activities include the following custodial funds; the Treasurer's Fund,
which accounts for the receipt and disbursement of property tax revenues received by the
Treasurer for other taxing entities in the County; the Public Trustee Fund used to account for the
fiduciary activities of the Public Trustee; the Douglas County Jail Escrow, Inmate Commissary
and Victim's Compensation Fund which is used to account for the receipt and disbursement of
funds held on behalf of inmates or victims.
(c) Measurement Focus and Basis of Accounting
Measurement focus is a term used to describe which transactions are recorded within the various
financial statements. Basis of accounting refers to when transactions are recorded regardless of
the measurement focus.
The government-wide financial statements are presented on a full accrual basis of accounting
with an economic resources measurement focus concentrating on an entity or fund's net position.
All transactions and events that affect the total economic resources during the period are
reported. Under the full accrual basis of accounting, revenues are recorded when earned and
expenses are recorded at the time an obligation (liability) is incurred, regardless of the timing of
related cash inflows and outflows. Fiduciary funds use the accrual basis of accounting.
Governmental funds financial statements are presented on a modified accrual basis of accounting
with a current financial resources measurement focus. This measurement focus concentrates on
the fund's resources available for spending in the near future. Only transactions and events
affecting the fund's current �nancial resources during the period are reported. Under modified
accrual accounting, revenues are recognized as soon as they are both measurable and available.
Revenues are considered available if collected within 60 days of year-end. The County reparts
deferred inflows when the potential revenue does not meet both the measurable and available
criteria far recognition in the current period.
Property taxes, grant revenue, sales tax, and highway user tax are the primary revenue sources
subject to accrual. Property taxes are reported as receivable and a deferred inflow of resources
when an enforceable lien on the property exists. The County bills and collects its own property
taxes and the taxes of various taxing agencies. Collections and remittance of taxes for the other
taxing agencies are accounted for in the Treasurer's Fund(See Note 2 (e)).
Under modified accrual accounting, governmental fund liabilities (and expenditures) should be
accrued in the absence of applicable modification. Such modifications exist for long-term debt,
56
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
including lease liabilites, as well as expenditures related to compensated absences, and claims
and judgements and special termination benefit liabilities. These liabilities are accrued in the
governmental funds only to the extent they are due.
General capital and lease asset acquisitions, including entering into contracts giving the County
the right to use leased assets, are reported as expenditures in governmental funds. Issuance of
long-term debt and financing through leases are reported as other financing sources.
Since the governmental fund financial statements are presented on a different measurement focus
and basis of accounting than the government-wide statements, reconciliation is provided in the
fund financial statements.
(d) Pooled Cash and Investments
All cash is deposited with and invested through the County Treasurer except for funds held by
third-parties (trustees) or by separate legal entities that are included in the County reporting
entity. Cash includes amounts in demand deposits, money market accounts, and certificates of
deposit maturing in three months or less. For purposes of the statement of cash flows, cash and
cash equivalents are considered to be cash on hand, demand deposits, and highly liquid
investments with original maturities of three months or less. Investments are stated at fair value
in accordance with the Colarado Revised Statutes and the County's investment policy.
The Treasurer maintains a cash and investment pool for all County funds. Each fund's accounting
records reflect equity in pooled cash and investments. All earnings on investments are distributed
to each fund based upon their proportionate share of pooled cash and investments at the end of
each month. At year-end, earnings that have been distributed to funds for which there is no
statutory requirement regarding allocation of interest may be transferred to the General Fund.
(e) Receivables—Property Taxes
Property taxes are levied on January 1 based on assessed valuation as of the previous January 1
when an enforceable lien is placed on the properry. Property taxes payable in the following year
are reported as a receivable on December 31. All current taxes receivable are offset by the full
amount of the deferred inflow of property taxes. Taxes are payable in full by April 30, or in two
equal installments due February 28 and June 15.
(fl Receivables
General receivables are reported at gross unless management has determined there to be a
significant uncollectible amount. The majority of the receivable balance relates to sales and use
taxes due to the County at year end. Allowances for uncollectible amounts are recorded in the
Human Services Fund(see Note 4).
57
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(g) Inter fund Transactions
These are transactions between funds that would be treated as revenues or expenditures if the
provision of services is reasonably equivalent to the amount paid. Transactions that constitute
reimbursements of a fund for expenditures initially made from that fund, which are properly
applicable to another fund, are recorded as expenditures in the reimbursing fund and as
reductions of expenditures in the fund that is reimbursed. All other inter-fund transactions are
reported as transfers. At year-end, outstanding balances between funds are reported as due
to/from other funds.
(h) Inventories
Inventories are valued at average cost which is determined using the first-in, first-out (FIFO)
method. Inventory reported in the General Fund consists of common technology replacements,
expendable parts/supplies for fleet maintenance, fuel supplies, parts/supplies for park and trail
maintenance and personal protective equipment purchased in response to the coronavirus
pandemic. Inventory reported in the Road and Bridge Fund consists of road repair and
maintenance supplies as well as traffic control services supplies. These items are recorded as
expenditures at the fund level when they are purchased, using the purchase method. Year-end
adjustments are made to the recorded nonspendable fund balance and to the inventory account
based on the physical inventory available at year end. Inventories do not constitute available
resources even though they are a component of net current assets.
(i) Prepaid Items
Certain payments to vendors that reflect costs applicable to future accounting periods are
recorded as prepaid items in both government-wide and fund financial statements. The
expenditure will be appropriately recognized using the consumption method, in the benefitting
period.
(j) Capital and Lease Assets
Capital and lease assets include the purchase, other acquisition, or construction, of equipment,
facilities, or other similar assets at a cost of$5,000 or more and for which a usefule life of over
one year is expected and are recorded at historical cost, or estimated historical cost if actual
historical cost is not available. These assets include property,plant, equipment, and infrastructure
assets (e.g., roads, bridges) are reported in the government-wide financial statements. In the
governmental fund statements, which follow modified accrual accounting, capital and lease
assets are charged to expenditures when purchased, but are capitalized in proprietary fund
statements, as those fund types follow full accrual accounting. Donated assets are recorded at
acquisition value as of the date of the donation. Additions or improvements that significantly
extend the useful life of an asset are capitalized. Other costs incurred for normal maintenance and
repairs that do not add value to the asset ar materially extend the asset's useful life are not
capitalized. Capital and lease assets are depreciated/amortized for reporting purposes in the
government-wide financial statements. Improvements are depreciated over the remaining useful
lives of the related capital assets.
58
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
Land and construction in progress are not depreciated. The other tangible and intangible
property and equipment, lease property and equipment, and infrastructure are
depreciated/amortized using the straight-line method over the following estimated useful lives, or
lease term, whichever is shorter:
Buildings 40 years
Building improvements 10—40 years
Improvements other than buildings 5 —40 years
Infrastructure 25 —50 years
Equipment 3 — 10 years
Heavy equipment 7 years
Vehicles 3—5 years
(k) Deferred Inflows of Resources
In addition to liabilities, the statement of net position and governmental funds balance sheets
reports a separate section for deferred inflows of resources. This element of the financial
statements represents an acquisition of net assets that applies to future periods and will not be
recognized as an inflow of resources as revenue until applicable. Douglas County records a
property tax receivable as of December 31 for the subsequent year's tax levy but because this
acquisition of net position applies to a future period it is offset by a deferred inflow of resources.
In the fund and the government-wide financial statements the County reports deferred amounts
related to leases.
Some items are considered deferred inflows of resources under the modified accrual basis of
accounting and are only reported in the governmental funds.
(l) Compensated Absences
Standard vacation is earned in an amount ranging from 108 to 180 hours annually based upon
eligiblity and tenure. The maximum accumulation limit is twice the standard annual accrual rate.
At termination, employees are paid for any unused vacation leave up to the applicable maximum
limit.
Compensatory time is granted (except for employees classified as exempt under the Fair Labor
Standards Act) at the rate of one and one-half hours for each overtime hour worked but must be
taken before the end of the last pay period of any given year. Any unused compensatory time is
paid to the employee before the end of the fiscal year; therefore, there is no reportable
compensatory time liability.
The County does not pay for unused sick leave upon termination; therefore, amounts are not
accrued for sick leave liabiliry, except those hours covered under the sick leave conversion
policy.
The entire compensated absence liability is reported in the government-wide financial statements.
A liabiliry is recorded for compensated absences in the governmental funds only if it has matured
as a result of employee resignation or retirement.
59
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(m) Long-Term Obligations
In the government-wide statement of net position, long-term debt and other long-term obligations
are reported as liabilities. Bond premiums are deferred and amortized over the life of the bonds.
In the financial statements for governmental fund types, bond and lease proceeds, as well as bond
premiums are reported as other financing sources.
Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as
debt service expenditures.
(n) Elimination of Internal Activity and Classification of InteYnal SeYvice Funds'Revenues and
Expenditures
Transactions between funds that would be treated a revenues or expenditures, if they were to
involve entities external to the County, are accounted for as revenues or expenditures in the
funds. At year-end, outstanding balances between funds are reported in the fund financial
statements. Amounts reported in the funds as due to or due from other funs are eliminated in the
governmental activities column of the statement of net position.
The County eliminates its internal service activity in the statement of activities. This is
accomplished by eliminating the revenues and expenditures of the internal service funds against
each other, and then distributing the residual amount among the various functions based upon the
volume of activity they had during the year with each internal service fund.
(o) Fund Balances (See Note 5)
In the fund's financial statements, the following classifications describe the relative strength of
the spending constraints.
Non-spendable fund balance - The portion of fund balance that cannot be spent because it is not
in a spendable form such as inventory and prepaid items, or it is legally or contractually required
to be maintained intact.
Restricted fund balance - The portion of fund balance constrained to being used for a specific
purpose by external parties (such as grantors, voters, or bondholders), constitutional provisions or
enabling legislation.
Committed fund balance - The portion of fund balance constrained for specific purposes through
a signed resolution by the County's highest level of decision-making authority, the Board of
County Comrnissioners, priar to the end of the current fiscal year. The constraint may be
removed or changed only through an additional resolution of the Board of County
Commissioners.
Assigned fund balance - The portion of fund balance set aside for planned or intended purposes.
An intended use of any amount may be expressed by the Board of County Commissioners and
recorded in the minutes of an executive meeting. Directors and/or managers are authorized to
60
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
assign fund amounts less than $25,000 through the issuance of a purchase order with appropriate
signatures. An assignment of more than $25,000 must be approved and signed by the County
Manager and any assignment greater than $100,000 must also be signed/approved by the Board
of County Commissioners. The County also uses an analytical model to determine the amount of
risk reserve that will be carried as an assignment in the General Fund, Road and Bridge Fund and
the Law Enfarcement Agency fund for emergencies such as floods, wildfires, and other natural
disasters. Assigned fund balances in special revenue funds will also include any remaining fund
balance that is not otherwise restricted or committed. This classification is necessary to indicate
that those funds are, at a minimum, required to be used for the purpose defined by that specific
fund.
Unassigned fund balance - The residual portion of fund balance that does not meet any of the
above criteria. The County will only report a positive unassigned fund balance in the General
Fund. A negative fund balance occurs when nonspendable, restricted, committed or assigned
balances exceed the amount of available fund balance.
If both restricted and unrestricted(the total of committed, assigned and unassigned fund balance)
resources are available for a particular purpose when an outlay is incurred, it is County policy to
use all available restricted amounts first. Unrestricted resources available for the same purpose
will be applied in the following order: committed, assigned and unassigned fund balance.
(p) Net Position
The government-wide financial statements net position is categorized into three categories. The
first is net investment in capital and lease assets reduced by accumulated
depreciation/amortization and any outstanding debt incurred to acquire, construct, or improve
those assets excluding unexpended bond proceeds, restricted or unrestricted. This category
represents net investment in property, plant, equipment, and infrastructure. The second category
is restricted, which represents assets restricted by requirements of revenue bonds, other
externally imposed constraints, or by legislation, in excess of the related liabilities payable from
restricted assets. The third category; unrestricted portion of net position, consists of the net
position that do not meet the definition of either of the other two categories of net position.
(q) Lease Receivable
The County is a lessor for noncancellable leases. The County recognizes a lease receivable and a
deferred inflow of resources in the government-wide and governmental fund financial statements.
At the commencement of a lease, the County initially measures the lease receivable at the present
value of payments expected to be received during the lease term. Subsequently, the lease
receivable is reduced by the principal portion of lease payments received. The deferred inflow of
resources in initially measured as the inital amount of the lease receiveable, adjusted for lease
payments received at or before the lease commencement date. Subsequently, the deferred inflow
of resources is recognized as revenue over the life of the lease term.
61
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
Key estimates and judgments include how the County determines (1) the discount rate it uses to
discount the expected lease receipts to present value, (2)lease term, and(3)future lease receipts.
• The County uses its estimated incremental borrowing rate as the discount rate for leases.
• The lease term includes the noncancellable period of the lease. Lease receipts included in the
measurement of the lease receivable is composted of fixed payments from the lessee.
The County monitors changes in circumstances that would require a remeasurement of its leases,
and will remeasure the lease receivable and deferred inflows of resources if certain changes occur
that are expected to significantly affect the amount of the lease receivable.
(r)Lease Liability
The County is a lessee far noncancellable leases. The County recognizes a lease liability and an
intangible right-to-use lease asset (lease asset) in the government-wide financial statements. The
County recognizes lease liabilities with an initial,individual value of$5,000 or more.
At the commencement of a lease, the County initially measures the lease liability at the present
value of payments expected to be made during the lease term. Subsequently, the lease liabiliy is
reduced by the principal portion of lease payments made. The lease asset is initially measured as
the initial amount of the lease liability, adusted for lease payments made at or before the lease
commencement date, plus certain initial direct costs. Subsequently, the lease asset is amortized
on a straight-line basis over its useful life or the lease term,whichever is shorter.
Key estimates and judgements related to leases include how the couty determines (1)the discount
rate it uses to discount the expected lease payments to present value, (2) lease term, and (3)
future lease payments.
• The County uses the interest rate charged by the lessor as the discount rate. When the
interest rate charged by the lessor is not provided, the County generally uses its estimated
incremental borrowing rate as the discount rate for leases.
• The lease term includs the noncancellable period of the lease. Lease payments included in
the measurement of the lease liability are composed of�xed payments and purchase option
price that the County is reasonably certain to exercise.
The County monitors changes in circumstances that would require a remeasurement of its lease
and will remeasure the lease asset and lability if certain changes occur that are expected to
significantly affect the amount of the lease liability.
Lease assets are reported with other capital assets and lease liabilities are reported with long-term
debt on the statement of net position.
(s) Use of Estimates
The preparation of financial statements in conformity with US GAAP requires management to
make estimates and assumptions that may affect the reported amounts of assets, liabilities and
deferred inflows of resources, and the disclosure of contingent assets and liabilities at the date of
the �nancial statements and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from these estimates.
62
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(t) Adoption of Accounting Principles
In June 2017, GASB issued Statement No. 87,Leases. The Statement requires recognition of
lease assets and liabilities for certain leases that previously were classified as operating leases and
recognized as inflows of resources or outflows of resources based on the payment provisions of
the lease contract. It establishes a single model for lease accounting based on the foundational
principle that leases are the financing of the right-to-use an underlying asset. Under the statement,
a lessee is required to recognize a lease liability and a tangible right-to-use lease asset, and a
lessor is required to recognize a lease receivable and a deferred inflow of resources, thereby
enhancing the relevance and consistency of information about governments' leasing activities.
Effective January 1, 2022, the County implemented the provisions of GASB Statement No. 87.
The impact of the implementation at January 1, 2022 resulted in the recognition of right-to-use
lease assets and lease liabilities of$7,897,376.
(u)Future Changes in Accounting Principles
The GASB also issued its Statement No. 94,Public-Private and Public-Public Partnerships and
Availability Payment Arrangements. This statement improves financial reporting by addressing
issues related to public-private and public-public partnership arrangements (PPPs). The County
expects to first apply GASB 94 during the year ending December 31,2023,using the facts and
circumstance in place at the time of adoption. The impact of applying the Statement has not been
determined.
The GASB also issued its Statement No. 96,Subscription-Based Information Technology
Arrangements. This statement provides guidance on the accounting and financial reporting for
subscription-based information technology arrangements for governments and users. The County
first expects to apply GASB 96 during the year ending December 31, 2023,using the facts and
circumstances in place at the time of adoption. The impact of applying the Statement has not been
determined.
63
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(3)Deposits and Investments
Cash Deposits
The Colorado Public Deposit Protection Act (PDPA) requires that all units of local government deposit
cash in eligible public depositories. Eligibility is determined by state regulations. Amounts on deposit in
excess of federal insurance levels must be collateralized by eligible collateral as determined by the PDPA.
PDPA allows the financial institution to create a single collateral pool for all public funds held. The pool
is to be maintained by another institution. The pool may be held in trust or protected by a letter of credit
for all the uninsured public deposits as a group. The market value of the collateral must be at least equal to
102% of the uninsured deposits. On December 31, 2022, the County had bank deposits totaling $4,303,217
of this, $1,372,996 was covered by FDIC. The remaining balance of$2,930,221 was covered by PDPA.
A summary of the cash and investments as of December 31,2022 follows:
Petty cash $ 25,185
Cash Despoits 4,303,217
Investments 445,745,708
Total cash and investments $ 450,074,ll0
The carrying amount of the deposits and investments are reported in the financial statements as follows:
Pooled cash and investments $ 444,782,488
Fiduciary cash and investments 5,291,622
Total cash and investments $ 450,074,ll0
Investments
The County categorizes its investment's fair value measurement within the fair value hierarchy established
by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to
measure the fair value of the asset. Level 1 inputs are quoted prices in active markets for identical assets
and level2 inputs are significant other observable inputs.
The County has the following recurring fair value measurements as of December 31, 2022 :
• U.S. Treasury securities of$176,826,106 are valued using market closing prices (Level
1 inputs).
• Federal Agency security issues (FNMA,FFCB,FHLMC and FHLB) of$94,133,477 are
valued using benchmarking and matrix pricing(Leve12 inputs).
• Municipal bonds of$73,242,461 are valued using benchmarking and matrix pricing
(Leve12 inputs).
• Corporate notes and bonds of$9,606,229 are valued using benchmarking and matrix
pricing(Leve12 inputs).
• Commercial paper of$440,388 are valued using benchmarking and matrix pricing
(Leve12 inputs).
64
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
On December 31, 2022 z the County had the following investments:
Less than 1-5 Fair
Investment Type Rating 1 year years Value
U.S.Treasury Securiries AA+ $ 59,420,508 117,405,598 176,826,106
Federal Agency Coupon Securiries AA+ 23,197,287 70,936,190 94,133,477
Municipal Bond Securities AA-AAA 16,030,577 57,211,884 73,242,461
Corporate Note and Bond Securities AA-AAA 9,606,229 - 9,606,229
Commercial Paper Securities Al+/P1 440,388 - 440,388
Total $ 108,694,989 245,553,672 354,248,661
The County is required to comply with Colorado State statutes, which specify allowable investment
instruments. The statutes define the permissible rating, maturity, custodial and concentration risk
criteria in which local governments may invest to include:
• Obligations of the United States and certain U.S. government agency securities
� General obligation and revenue bonds of U.S. local government entities
• Bankers' acceptance of certain banks
• Corporate Securities
• Local government investment pools
• Written repurchase agreements collateralized by certain authorized securities
• Certain money market funds
• Guaranteed investment contracts
On December 31, 2022, the County had $11,645,590 in Colorado Local Government Liquid Asset Trust
(ColoTrust), $5,139,258 in Colorado Statewide Investment Program (CSIP), $4,817,784 in Colorado
Surplus Asset Fund Trust (CSAFE) cash account and $69,894,415 in Colorado Surplus Asset Fund Trust
(CSAFE) Core Account. Only the CSAFE Core account has redemption restrictions, and it is limited to 3
redemptions per month with a notice period of 1 business day. These local government investment pools
are established by State statute for local government entities in Colorado to pool and invest surplus funds.
Interest Rate Risk—The County's investment policy follows State statutes. State statutes limit investments
in U.S. Treasury Agency securities to an original maturity of five years and corporate securities to an
ariginal maturity of three years.
65
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
Credit Risk —The County's investment policy and Colorado State statutes limit investments in U.S.
government agency securities to the highest rating issued by at least two nationally recognized statistical
rating organizations (NRSROs). Municipal securities issued within the state of Colorado, must be rated A-
or above by any two NRSRO's at the time of purchase. Municipal securities issued outside of the State of
Colorado must be rated AA- or above by any two NRSRO's at the time of purchase. Corporate securities
must not be rated below AA- or Aa3 by any NRSRO at the time of purchase. The County's investment
policy and State statutes limit investments in money market funds to those with the highest rating issued
by any NRSRO, a constant share price, a maximum remaining maturity in accordance with Rule 2a-7 and
have assets of one billion dollars or more.
Concentration of Credit Risk - The County will limit credit risk, the risk of loss due to the failure of the
security issuer or backer, by diversifying the investment portfolio so that potential losses on individual
securities will be minimized. To maintain diversification and avoid a concentration of investments by any
one type, the County's internal investment policy states that up to 75% of the portfolio may be invested in
government sponsored enterprises (GSE). No more than 35% of the total portfolio may be invested in the
securities of a single GSE. Investments in any one issuer(other than mutual funds and external investment
pools)that represen�5% or more of the County's total investments are as follows:
%of Total
Investment Type * Partfolio Held
Federal Home Loan Mortgage Corp-FHLMC 33,426,224 7.59%
Federal National Mortgage Association-FNMA 25,665,454 5.83%
Custodial Credit Risk— The State Securities Commissioner administers and enforces the requirements of
creating and operating the local government investment pools. The pools operate similarly to a money
market fund and each share in Colotrust, CSIP and CSAFE-Cash is equal in value to $1.00. Shares in
CSAFE-Core are equal in value to $2.00. CSAFE-Cash is rated AAAmmf by Finch Ratings as of
December 31, 2022, and has a weighted average maturity of 31 days. CSAFE-Core fund is rated AAAf by
Fitch Ratings and has a weighted average maturiry of 34 days. The ColoTrust pool is rated AAAm by
Standard and Poor's and has a weighted average maturity of 77 days. The Colorado State Investment Pool
is rated AAAf by Fitch Ratings and has a weighted average maturity of 31 days. Investments of the pools
are limited to those allowed by State statutes. A designated custodial bank provides safekeeping and
depository services in connection with the direct investment and withdrawal functions. Substantially all
securities owned are held by the Federal Reserve Bank in the account maintained for the custodial bank.
The custodian's internal records identify the investments owned by the participating governments.
Foreign Currency Risk— Foreign currency rate risk is the risk that changes in monetary exchange rates
wi11 adversely affect the fair value of an investment or a deposit in terms of U.S. dollars. The County has
no formal policy relating to foreign currency risk, nor are any deposits or investments exposed to foreign
currency risk.
66
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(4)Receivables
The detail of receivables shown below is for each of the majar funds and the nonmajor governmental
funds in aggregate, including the applicable allowance for uncollectible accounts.The lease receiveable
detail can be found in Note 7.
Douglas Parks and
County Law Road Sales Open Spacc Justice
Road Human Health Enforcement and Sales and Center Sales
Receivables General and Bridge Services Department Authority Use Tax Use Tax and Use Tax Nonmajor Total
Propertytax $ 99,771,763 36,447,628 3,050,083 - 20,067,604 - - - 11,097,068 170,434,146
Sales and use tax - - - - - 6,775,681 2,879,664 4,234,800 3,049,056 16,939,201
General receivables 4,213,752 1,016,788 1,360,782 832,921 56,854 569,972 152,165 142,099 898,974 9,244,307
Interfund receivables 32,885 - - - - - - - - 32,885
Gross Receivables $ 104,018,400 37,464,416 4,410,865 832,921 20,124,458 7,345,653 3,031,829 4,376,899 15,045,098 196,650,539
Less:
Allowance for
uncollectibles - - (111,240) - - - - - - (111,240)
Net receivables $ 104,018,400 37,464,416 4,299,625 832,921 20,124,458 7,345,653 3,031,829 4,376,899 15,045,098 196,539,299
67
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(5) Fund Balances
The specific purposes for each fund balance classification on the balance sheet are detailed in the table below.
Douglas
County Law
General Road and Human Health Enforcement Road Sales
Fund Balances Fund Bridge Fund Services Department Authority and Use Tax
Nonspendable:
Inventory $ 3,685,689 3,008,142 - - - -
Prepaid amounts 2,135,625 31,888 4,042 31,578 9,057 -
Total Nonspendable Fund Balances 5,821,314 3,040,030 4,042 31,578 9,057 -
Restricted for:
Emergencies(TABOR) 9,558,000 - - - 745,000 -
General government 1,670,346 - - - - -
Public safety 437,125 - - - - -
Highways and streets - - - - - 86,340,186
Culture and recreation - - - - - -
Conservation of natural resources - - - - - -
Developmental disabilities - - - - - -
Total Restricted Fund Balances 11,665,471 - - - 745,000 86,340,186
Committed to:
General government 505,164 - - - - -
Community development 188,291 - - - - -
Infarmation technology 923,072 - - - - -
Faciliry improvements 30,399 - - - - -
Judicial 470,902 - - - - -
Public safety 1,228,438 - - - 897,450 -
Highways and streets 160,159 9,344,530 - - - -
Heahh and human services 1,212,656 - - - - -
Community services 84,015 - - - - -
Capital projectsheplacements 175,000 - - - - -
Total Committed Fund Balances 4,978,096 9,344,530 - - 897,450 -
Assigned to:
Risk reserves per risk model 8,229,833 8,028,834 - - 5,476,299 -
General government 6,195,531 - - - - -
Community development 5,087,039 - - - - -
Infarmation technology 397,155 - - - - -
Judicial 2,500,000 - - - - -
Public safety 2,737,962 - - - 759,596 -
Highways and streets - 5,948,029 - - - -
Health andhuman services 2,500,924 - 3,528,837 775,419 - -
Developmental disabilities - - - - - -
Solid waste disposal(Sanitation) - - - - - -
Capital projectsheplacements - - - - - -
Purchases on order 1,882,546 615,213 - 37,520 261,047 -
Minimum reserve(per policy) 200,000 - - - - -
Subsequentyears expenses 4,317,074 3,570,944 928,859 - 2,771,275 -
Total Assigned Fund Balances 34,048,064 18,163,020 4,457,696 812,939 9,268,217 -
Unassigned: - - - - - -
Total Fund Balances $ 56,512,945 30,547,580 4,461,738 844,S17 10,919,724 86,340,186
68
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
Parks and Justice
Open Space Center American Other
Sales and Use Sales and Rescue Plan Nonmajor
Fund Balances Tax Use Tax Act Governmental Total
Nonspendable:
Inventory $ - - - - 6,693,831
Prepaid amounts 130 - - 38,434 2,250,754
Total Nonspendable Fund Balances 130 - - 38,434 8,944,585
Restricted for:
Emergencies(TABOR) - - - 1,050 10,304,050
General govemment - - - - 1,670,346
Public safety - 29,355,836 - 541,926 30,334,887
Highways and streets - - - 37,889,406 124,229,592
Culture and recreation 33,822,125 - - 5,886,615 39,708,740
Conservation of natural resources - - - 2,982,419 2,982,419
Developmental disabilities - - - 100,000 100,000
Total Restricted Fund Balances 33,822,125 29,355,836 - 47,401,416 209,330,034
Committed to:
General government - - 225,631 - 730,795
Community development - - - - 188,291
Information technology - - - - 923,072
Facility improvements - - - - 30,399
Judicial - - - - 470,902
Public safery - - - - 2,125,888
Highways and streets - - - 28,649,896 38,154,585
Health and human services - - - - 1,212,656
Community services - - - - 84,015
Capital projects/replacements - - - 251,680 426,680
Total Committed Fund Balances - - 225,631 28,901,576 44,347,283
Assigned to:
Risk reserves per risk model - - - 21,734,966
General government - 842,337 - 7,037,868
Community development - - - 5,087,039
Information technology - - - 397,155
Judicial - - - 2,500,000
Public safety - - 3,388,454 6,886,012
Highways and streets - - 140,116 6,088,145
Health and human services - - - 6,805,180
Developmental disabilities - - 1,125,329 1,125,329
Solid waste disposal(Sanitarion) - - 54,490 54,490
Capital projects/replacements - - 5,656,922 5,656,922
Purchases on arder - - 140,508 2,936,834
Minimum reserve(per policy) - - - 200,000
Subsequentyearsexpenses - - 2,188,218 13,776,370
Total Assigned Fund Balances - - 842,337 12,694,037 80,286,310
Unassigned: - - - (24,184) (24,184)
Total Fund Balances $ 33,822,255 29,355,836 1,067,968 89,011,279 342,884,028
69
DOUGLAS COUNTY, COLORADO
Notes to Basic Financial Statements
December 31, 2022
(6) Capital and Lease Assets
Capital and lease asset activity, for the year ended December 31, 2022 was as follows:
Beginning
Balance Ending
(as restated) Increases Decreases Transfers Balance
Governmental activities:
Capital assets not being depreciated:
Construction in progress $ 17,145,652 27,923,071 (167,451) (10,375,770) $ 34,525,502
Land 153,869,066 1,410,193 (651,951) - 154,627,308
Total capital assetnotbeing depreciated U1,014,718 29,333,264 (819,402) (10,375,770) 189,152,810
Capital and lease assets being depreciated/amortized:
Buildings&Improvements 321,605,711 7,202,323 - 1,463,234 330,271,268
Lease buildings 2,121,320 - - - 2,121,320
Lease cell towers 5,776,056 - - - 5,776,056
Equipment and vehicles 119,240,883 7,015,178 (4,175,502) 1,139,129 123,219,688
Lease equipment and vehicles - 83,861 - - 83,861
Infrastructure 658,959,837 122,304,000 - 7,773,407 789,037,244
Total capital and lease assets being depreciated/amortized 1,107,703,807 136,605,362 (4,175,502) 10,375,770 1,250,509,437
Less accumulated depreciation/amortization:
Buildings&Improvements (139,561,799) (8,060,108) - - (147,621,907)
Lease buildings - (593,793) - - (593,793)
Lease cell towers - (194,820) - - (194,820)
Equipment and vehicles (84,846,251) (9,293,407) 3,724,936 - (90,414,722)
Lease equipment and vehicles - (15,418) - - (15,418)
Infrastructure (408,035,518) (20,408,567) - - (428,444,085)
Total accumulated depreciation/amortization (632,443,568) (38,566,113) 3,724,936 - (667,284,745)
Total capital and lease assets being depreciated/amortized,net 475,260,239 98,039,249 (450,566) 10,375,770 583,224,692
Governmental activities capital and lease assets,net $ 646,274,957 127,372,513 (1,269,968) - $ 772,377,502
Depreciation/amortization expense was charged to functions/programs of the County as follows:
Governmental activities:
General Government $ 3,780,762
Public Safety 6,714,872
Highways and Streets 25,226,097
Sanitation 1,354
Health and Human Services 212,308
C�lture and Recreation 2,384,050
Conservation of Natural Resowces 246,670
Total depreciation/amortization expense-Governmental Activities 38,566,113
70
DOUGLASCOUNTY, COLORADO
Notes to Basic Financial Statements
December 31, 2022
(7) Leases
Lease Liability
The County's general fund has agreements for office space, communication tower facilities and equipment,
the terms of which expire in various years through 2055. During 2022 , the County did not recognize any
rental expense for variable payments not previously included in the measurement of the lease liability.
Rocky Mountain HIDTA fund has an agreement for a building, the term of which expires in 2023. During
2022, the County did not recognize any rental expense for variable payments not previously included in
the measurement of the lease liability.
The following is a schedule by year of payments under the leases as of December 31, 2022:
Years Principal Interest Total
2023 $ 481,146 163,707 $ 644,853
2024 342,270 157,042 499,312
2025 245,081 151,932 397,013
2026 258,053 146,664 404,717
2027 198,861 142,381 341,242
2028-2032 227,141 696,703 923,844
2033-2037 379,230 657,154 1,036,384
2038-2042 702,908 590,628 1,293,536
2043-2047 1,239,245 468,921 1,708,166
2048-2052 2,015,864 264,066 2,279,930
2053-2055 1,090,252 23,399 1,113,651
$ 7,180,051 3,462,597 $ 10,642,648
Lease Receivable
The County's parks and open space sales and use tax fund leases small amounts of open space and park
land to third parties for the purpose of providing buildings and grazing rights, the terms of which expire
between 2028 and 2034. The County recognized$50,383 in lease revenue and$12,053 in interest revenue
during the current fiscal year related to the lease. As of December 31, 2022, the receivable for lease
payments was $489,898. Also, the County has a deferred inflow of resources associated with these leases
that will be recognized as revenue over the lease term. As of December 31, 2022, the balance of the
deferred inflow of resources was $478,645.
The County's parks sales and use tax fund leases a small amount of park land to a third party for the
purpose of providing a cell tower communication site, the term of which expires in 2026. The County
recognized$36,475 in lease revenue and$2,730 in interest revenue during the current fiscal year related to
the leases. As of December 31, 2022, the receivable for lease payments was $130,668. Also, the County
has a deferred inflow of resources associated with these leases that will be recognized as revenue over the
lease term. As of December 31, 2022, the balance of the deferred inflow of resources was $127,662.
71
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(8) Risk Mana�ement
The County is exposed to various risks of loss related to torts, thefts of, damage to, or destruction of
assets; errors ar omissions; injuries to employees; or acts of God. The County self-insures for certain risks
with commercial insurance for excess claims or provides benefits to employees through commercial
insurance with no risk of loss. Settled claims have not exceeded this commercial coverage in any of the
past three fiscal years for any risk areas noted below.
(a) Properry antl Liability Insurance
The County began self-insuring for liability and property claims in 1994. All operating
departments pay premiums into the Property and Liability Self-Insurance Internal Service Fund,
and this funding is available to pay insurance premiums, claims, and claim reserves. The
County's Risk Management Division administers the program. Self-insured retentions and
deductibles are as follows: $500,000 for liability claims, $25,000 for property claims, up to
$250,000 for flood, 1% wind/hail property claims and $25,000 for auto physical damage. The
County purchases insurance policies for Fiduciary Liability, Media Liability, Network Privacy
and Security, Pollution, Unmanned Aerial Vehicles and Volunteer Accident. The property
policy includes coverage for tax interruption and builder's risk. Claims liabilities for 2022,
which will be paid in 2023, were as follows:
2022 2021
Claims liability,beginning of the year $ 998,635 459,450
Claims incurred 594,812 1,265,460
Claims paid (884,854) (726,275)
Claims liability,end of the year $ 708,593 998,635
(b) Unemployment Benefits
The County self-insures unemployment benefits. Premiums are paid into the Employee Benefits
internal service fund by all operating departments and are available to pay claims. The County's
Human Resources Department administers the program. Claims of$82,747 were paid in 2022
with no significant outstanding liability at year-end.
(c) Short-Term Disability Benefits
The County self-insures short-term disability benefits for employees. Premiums are paid into the
Employee Benefits internal seroice fund by all operating departments. The County's Human
Resources Department administers the program. Claims of $83,472 were incurred and paid in
2022 with no significant outstanding liability at year-end.
72
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(d) Workers'Compensation Benefits
Premiums are paid into the Workers Compensation internal service fund by all operating
departments and are available to pay claims, claim reserves, and administrative costs. The
County's risk management division administers the program. The County is insured through
Pinnacol Assurance. There is a$250,000 deductible per event. Claims liabilities for 2022, which
will be paid in 2023, were as follows:
2022 2021
Claims liability,beginning of year $ 713,028 540,000
Claims incurred 474,484 1,241,504
Claims paid (695,628) (1,068,476)
Claims liability,end of year $ 491,884 713,028
The claims liabiliry at year-end represents the estimate of accrued claims incurred but not paid
(actual costs have not yet been submitted to the County for payment). Department premiums are
based primarily upon their claims experience and are reported as inter-fund services provided
and used.
(e) Medical,Dental and Vision Benefits
The County began self-insuring for employee medical benefits on January 1, 2013 and dental
and vision benefits on January 1, 2015. Premiums are paid into the Medical, Dental and Vision
Self Insurance internal service fund by all participating employees and operating departments to
pay claims, claim reserves, and administrative costs. All claims are reviewed and approved for
payment by Aetna in accordance with their administrative services agreement with the County.
The annual individual exposure limit on the medical plan is $250,000. Claims liabilities for
2022, which will be paid in 2023,were as follows:
2022 2021
Claims liabiliry,beginning of year $ 2,190,000 2,143,000
Claims incurred 21,469,724 20,618,729
Claims paid (21,369,724) (20,571,729)
Claims liability,end of year $ 2,290,000 2,190,000
The County employs a full-time Risk Manager to oversee the County's insurance needs and to assess
the County's potential liabilities.
73
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(9) Long-Term Obligations
(a) Changes in Long-Term Liabilities
In 2022,the following changes occurred in long-term liabilities:
January 1 Due in
(As restated) Additions Reductions December 31 One Year
Revenue bonds payable 2,965,000 - 2,965,000 - -
Leasespayable 7,897,376 83,861 801,186 7,180,051 481,146
Compensated absences 9,652,049 10,016,292 8,709,921 10,958,420 7,826,436
Total Long Term Liabiliries $ 20,514,425 10,100,153 12,476,107 18,138,471 8,307,582
Compensated absences were paid from the General (66%), Human Services (5%), Road
and Bridge (7%), Law Enforcement Authority (17%), Safety and Mental Health(4%) and
Rocky Mountain HIDTA (1%) funds. Leases payable were paid from the General (79%)
and Rocky Mountain HIDTA (21%) funds. All other long-term liabilities were paid from
the Debt Service Fund.
(b) Revenue Bonds
The County's special revenue obligations final principal and interest payment for the
series 2012 debt was paid in October 2022.
Information regarding pledged revenues follows:
Open Space and Parks Sales and Use Tax Revenue Bonds are issued by the County for the
acquisition and preservation of open space lands, and for the design and construction of
County parks and trails. These bonds are special revenue obligations, payable from and
secured solely from pledged revenues. Pledged revenues consist of the open space lands
portion (approximately 66%) of the open space, parks, and trails-dedicated 17% of the
County's 1% sales and use tax less the intergovernmental sharebacks. Funds are shared at
the rate of 50% of collections allocated as a percentage of vehicles registered with the
municipalities that existed at the time of voter approval. Gross sales and use tax revenue
reported in the Open Space, and and Parks Sales and Use Tax fund and the Parks Sales
and Use Tax fund of $15,931,033 less required intergovernmental sharebacks of
$2,604,543 reported in the Open Space and Parks Fund are pledged revenues; thus,
pledged revenues of$18,535,576 were available to pay annual debt service of$3,028,693.
Net sales tax revenues collected in 2022 produced 612% of the current debt service
requirement.
Individual debt service schedules are as follows:
Open Space Sales and Use Tax Revenue Refunding Bonds, Series 2012 dated November
14, 2012 ($12,140,000) were issued by the Counry for the purposes of 1) reducing the net
effective interest rate, 2)reducing the total principal and interest payable and 3) creating a
net present value benefit of$1,632,714 for the County on the obligations represented by
74
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
the current refunding of the Open Space Sales and Use Tax Revenue Bonds series 2002.
The bonds are special revenue obligations secured by the Open Space, Trails and Parks
Fund pledged revenues and were initially offered via private placement through
competitive bid. Interest is payable semiannually on April 15 and October 15 at an interest
rate of 2.16%, and bond principal is payable annually on October 15. Final maturity was
October 2022. Bond principal redeemed during the year was $2,965,000.
(c) Conduit Debt Obligations
The County has participated in two issues of Multifamily Housing Revenue Bonds for the
Lincoln Pointe Lofts Project, Series 2003 and Series 2006. Series 2003 was fully paid in
January 2022 and Series 2006 was fully paid in August 2013. In 2013, the County
participated in additional issuances of Multifamily Housing Revenue Bonds for the Apex
Meridian Project, Series 2013A and Series 2013B as well as the Denver Traditions
Project, Series 2013A and Series 2013B. Apex Meridian Series 2013A had an outstanding
balance of$13,624,057 and Series 2013B had an outstanding balance of$2,081,732 as of
December 31, 2022. Traditions Denver Series 2013A had an outstanding principal
balance of $7,120,000 and Series 2013B had an outstanding principal balance of
$4,128,000 as of December 31, 2022. These bonds are not direct or contingent liabilities
of the County and there are no voluntary commitments to support this debt.
(10) Retirement Plan BeneGts
The County participates in a Mission Square retirement plan(previously known as ICMA-RC), a multiple-
employer public employee retirement system that is a qualified plan as defined by IRS Code Section
401(A) and Colorado Revised Statutes (CRS) 24.54. The plan provides retirement benefits through a
defined contribution plan to participating counties, municipalities, and special districts. In a defined
contribution plan, benefits depend solely on amounts contributed to the plan, plus investment earnings.
There are no unfunded past service liabilities. All full-time and part-time regular employees, other than
County Executive Administrators and County Executive Attorneys who have a separate plan, are required
to participate in the plan after one month of service. Employees must contribute 8% (10% for
commissioned staf� of their earnings. The County matches the employee's contribution of 8% (10°/o for
commissioned staff) of employee compensation, excluding overtime and bonuses. For the year ended
December 31, 2022 employee contributions to this plan totaled $8,902,955 and the County recognized an
expense of $8,902,955. A small number of employees were grandfathered into the plan allowing
employees to contribute 6% of their earnings, while the County provides an additional2% contribution. Of
this 2%, 1% is added to employees' salaries and then immediately deducted and matched with an
additional 1%by the County. The County's recognized expense for this plan as of December 31, 2022 was
$382,573. The County's contribution for each employee, including earnings thereon,vests at 20% for each
year upon completion of the employee's first year of employment. Non-vested County contributions and
earnings are forfeited when employees terminate their employment with the County. The County had no
liabiliry to the retirement plan as of December 31, 2022.
The required contribution rates may be amended within the statutory limits by the Board of County
Commissioners.
The retirement plan of the Counry Executive Administrator and the County Executive Attorney is also a
multiple-employer employee retirement system administered through Mission Square. This is a qualified
plan as defined by IRS Code Section 401(A). This plan provides retirement benefits through a defined
contribution plan in which the benefits depend solely on amounts contributed to the plan, plus investment
earnings. There is no liability for benefits under the plan beyond the County's matching contribution.
These employees contribute 8% of compensation that is matched by the County. Required contribution
75
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
rates may be amended by the Board of County Commissioners. The employee contributions to this plan
for year ending December 31, 2022 were $47,374 and the County recognized expense of $47,374. The
employees covered under this plan are fully vested, and there was no liability to the plan as of December
31, 2022.
Employees may also elect to contribute to a 457 Deferred Compensation Plan administered through
Mission Square. Contributions may be made by the employee to supplement retirement income and the
contributions may be made pre-tax or after-tax. The value of the account is based solely on the
contributions made and the investment performance over time. Beginning September 21, 2021, the County
began offering up to a 3% match for pre-tax employee contributions to the 457 Plan. Employees made
pre-tax contributions of$3,383,481 and after-tax contributions of$310,897 for the year ended December
31, 2022. The County recognized expense for this plan as of December 31, 2022 was $2,111,270. There is
no vesting schedule for the County match. If an employee retires or leaves the County, they will receive
their full account balance plus earnings and minus losses. There is no liability to the County for this plan.
(11) Unearned Revenue
Under both the accrual and modified accrual basis of accounting, revenue may be recognized only when
earned. Therefore, the government-wide statement of net position as well as the governmental funds defer
recognition in connection with resources that have been received as of year-end, but not yet earned. The
County has recorded$55.9 million of unearned revenue in the American Rescue Act fund and$1.3 million
of unearned Emergency Rental Assistance funding in the General Fund along with $0.5 million of
unearned revenue held by the Motor Vehicle Department for future fleet license plate renewals. There is
$0.2 million of state American Rescue Act funding received by the County into Highway User Tax Funds
in the Road and Bridge Fund. The Human Services fund has $0.3 million of unearned revenue for the
Juvenile Justice Services program. In addition, the County has recorded the following construction
advances as unearned revenue:
Amount Pro,ject
$ 60,000 Traffic signal at Chambers and Pradera
141,000 Scott Road traffic signal
460,000 Lincoln Creek traffic signals
206,350 Crowfoot Valley Road-Canyons South
37,752 Chambers Road Extension Red Cedar Drive improvements
109,976 Red Cedar Drive improvements
2,500 Sidewalk repair
199,225 Snow removal
636,000 Sterling Ranch Waterton Highway
19,640 Sterling Ranch chase drains
$ 1,872,443
76
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(12)Deferred Inflows of Resources
The County considers revenues available if they are collected within 60 days of year-end. Along with
unavailable property tax revenue of $170,332,783, the County reparts $986,324 in governmental fund
receivables as unavailable to finance expenditures of the current fiscal period as of December 31, 2022.
These amounts will be recognized as an inflow of resources in the period the revenue becomes available.
The County has a deferred inflow of resources associated with leases that will be recognized as revenue
over the lease term. The detail of this amount $606,307, can be found in Note 7.
(13) Inter-fund Transactions
Transactions between funds of the County can result in receivables and payables at year end when there is
a reasonable expectation of repayment.
The Rocky Mountain High Intensity Drug Trafficking Area (RMHIDTA) Fund tracks expenditures for a
reimbursable grant. At the end of each year far cashflow purposes, the amount due to RMHIDTA from the
federal agency is loaned to RMHIDTA from the General Fund resulting in an interfund receivable in the
General Fund and an interfund payable in the RMHIDTA Fund which will be reversed in the subsequent
year.
Due within
Receivable Fund Payable Fund Amount one year
General Fund RMHIDTA $ 32,885 $ 32,885
The following transfers occurred between funds for 2022:
Transfers out: Road Parks and Justice Center
Road and Sales and Use Open Space Sales and Use Nonmajor
Sales and Use
General BridQe Tax Tax Tax Governmental Total
Transfers in:
GeneraLFwid $ - 107,000 500,000 - 28,561,3]5 1,078,745 30,247,060
Human Services 2,058,696 - - - - - 2,058,696
Health Department 1,200,000 - - - - - 1,200,000
Law Enforcement 1,051,500 - - - - - I,O51,500
Parks&Open Space
Salesand Use Tax - - - - - 95,000 95,000
NonmdjorGvnmt 2,656,329 - - 3,028,835 - 15,012 5,700,176
[ntemal Service 3,000,000 - - - - - 3,000,000
Transfers out: $ 9,966,525 107,000 500,000 3,028,835 28,561,375 1,188,757 43,352,432
Transfers are used to move revenues from the fund that statute or budget requires to collect them to the
fund that statute or budget requires to expend them; to move receipts restricted to debt service from the
funds collecting the receipts to the funds making the debt service payments as payments become due; and
use unrestricted revenues collected in funds to subsidize various programs accounted for in other funds in
accordance with budgetary authorizations. The General Fund transfer to the Human Seroices Fund uses
General Fund mill levy to subsidize Human Services for indirect costs charged to the Human Services
fund that are not reimbursed by the State of Colorado through the Cost Allocation Plan. The transfer from
General Fund to Douglas County Health Department Fund is the County's contribution to fund the new
Health Department. The transfer from General Fund to the Law Enforcement Authority fund was initiated
77
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
in 2020 to subsidize 8 additional deputies. The Road and Bridge Fund transfer to the General Fund is for
maintenance cost for Cartegraph. The Road Sales and Use Tax Fund transfer to the General Fund
subsidizes the engineering services performed on Road Sales and Use Tax construction projects. The
Parks and Open Space Sales and Use Tax transfer to the Capital Replacement Fund is for scheduled
capital replacements/expenditures. The Justice Center Sales and Use Tax Fund transfers sales tax revenue
to the General Fund to provide operational and maintenance assistance related to Justice Center facilities
as stated in the sales tax ballot language. The transfer to the internal service funds was initiated to
subsidize the Medical, Dental,Vision Self Insurance fund.
78
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(14) Commitments and Contingencies
(a) Grants
Under the terms of federal and state grants, certain costs may be questioned as not being
appropriate expenditures based upon audits performed by federal and state entities, which could
lead to reimbursement to the grantor agencies. County management believes disallowances, if
any,will be immaterial.
(b) Litigation
As of December 31, 2022, there were several pending claims and lawsuits involving the County.
The outcome of these matters is currently unknown; however, the County's legal counsel has
reviewed all such litigation and claims and, is of the opinion, that any outstanding claims not
covered by insurance would not materially affect the County's financial position.
(c) Encumbrances and Construction Commitments
As of, December 31, 2022 the County has encumbered amounts that they intend to honor in the
subsequent year for the following governmental funds:
General Fund $ 5,414,388
Road and Bridge Fund 1,275,954
Public Health 37,520
Law Enforcement Authority 1,158,497
Justice Center Sales and Use Tax 3,271,346
Parks and Open Space Sales and Use Tax 716,923
American Rescue Plan Act 247,897
Nonmajor Funds 2,278,068
$ 14,400,593
The following construction commitments are included in the encumbrances listed above:
$1,466,655 related to the Cherry Creek Regional Trail.
Encumbrances over $100,000 when originally issued have been approved by the Board of
County Commissioners.
In addition to the encumbered amounts listed above, the Counry has re-appropriated certain
ongoing construction commitments directly into the 2023 budget. These include $28 million for
US 85 Sterling Ranch infrastructure and$23 million for US 85 improvements.
79
DOUGLASCOUNTY
Notes to Basic Financial Statements
December 31,2022
(15) Related Party Transactions
Douglas Counry elected officials are on the boards of various organizations in the region, including the
18th Judicial District Attorney's Seizure Board, Arapahoe County Public Airport Authority,
Arapahoe/Douglas Workforce Development Board, Castle Rock Economic Development Council,
Centennial Airport Community Noise Roundtable, Chatfield Basin Watershed Authority, Cherry Creek
Basin Water Quality Control Authority, Colorado Association of Local Public Health Officials, Colorado
Coroners Standards and Training Board, Colorado Counties, Inc., Community Services Block Grant
Tripartite Board, Denver Regional Council of Governments (DRCOG), Denver South Economic
Development Partnership, Denver South I-25 Urban Corridor Transportation Management Authority,
Developmental Pathways, Douglas County Community Foundation, Douglas County Emergency
Telephone (9-1-1) Authority, Douglas County Housing Partnership, Douglas County Mental Health
Initiative, Douglas County Sheriff's Office Forfeiture Board, Douglas County Youth Initiative Advisory
Committee, E-470 Public Highway Authority, Highlands Ranch Law Enforcement Training Foundation,
High Line Canal Conservancy, Metro Area County Commissioners, Metro Denver Economic
Development Corporation, Mile High Flood District, National Association of Counties (NACo),
Northwest Douglas County Economic Corporation, Partnership of Douglas County Governments,
Southern Shooting Partnership, State Emergency Medical & Trauma Services Advisory Council, and
Unified Metropolitan Forensic Crime Lab.
The County made payments of the following amounts to, or on behalf, of these organizations in 2022:
Related Party Transactions
Arapahoe/Douglas Workforce $ 169,790
Castle Rock Economic Development Council 75,000
Chatfield Basin Watershed Authority 75,510
Colorado Counties,Inc. 65,405
DRCOG 156,650
Denver Soutb Economic Development Partnersbip 70,000
Denver South I-25 Urban Corridor Transportation Mgmt Authority 68,681
Developmental Pathways,Inc. 7,495,498
Douglas County Community Foundation 227,883
Douglas County Housing Partnership 350,453
High Line Canal Conservancy 21,500
Highlands Ranch Law Enforcement Training Authority 229,210
Mile High Flood District(UDFCD) 500,000
NACo 2,505
Unified Metropolitan Forensic Crime Lab 108,570
Total $ 9,616,655
g�
DOUGLASCOUNTY,COLORADO
Notes to Basic Financial Statements
December 31,2022
(16) Tax, Spending and Debt Limitations
In November 1992, Colorado voters passed an amendment (Amendment One or TABOR amendment) to
the State Constitution (Article X, Section 20) that limits the revenue-raising and spending abilities of state
and local governments. The limits on property taxes, revenue, and fiscal year spending include allowable
annual increases tied to inflation and local growth in construction valuation. Fiscal year spending as
defined by the amendment excludes spending from certain revenue and financing sources such as federal
funds, gifts, property sales, fund transfers, damage awards, and fund reserves (balances). The amendment
requires voter approval for any increase in mill levy or tax rates, new taxes, or creation of multi-year debt.
Revenue earned in excess of the spending limit must be refunded, or the entire electorate must approve
retention under specified voting requirements. The amendment also requires that reserves equal to 3% of
fiscal year spending be established for declared emergencies.
In November 1997, Douglas County voters passed a ballot measure allowing the County and the Law
Enforcement Authority, with no increase in any tax rate or mill levy, to retain and spend a11 revenues and
other funds received from any source. This applied to all subsequent years without further voter approval.
Based on spending for fiscal year 2022, $9,558,000 of the General Fund balance, $745,000 of the Law
Enforcement Authority Fund balance and $1,050 of the Woodmoor Mountain General Improvement
District fund balance have been reserved to meet the emergency reserve required under the TABOR
amendment. The combined amount of restricted net position in the government wide statements for this
reserve requirement is $10,304,050.
(17) Tax Abatements
Section 30-11-123 of the Colorado Revised Statutes authorizes counties to negotiate incentive payments for
the County's portion of any Business Personal Property Taxes (BPPT) for any business wanting to
establish a new business facility or expand an existing facility in the County. The abatements are issued
each year the agreement is in effect. Douglas County Government negotiates business personal property tax
abatement agreements on an individual basis as an incentive to attract new businesses, stimulate economic
development and to create or retain jobs. There are no provisions for recapturing the abated taxes. The
County has fully negotiated and completed tax abatement agreements with various entities as of December
31, 2022 far an aggregate Business Personal Property Tax abatement of$767,707.
81
82
REQUIRED SUPPLEMENTARY INFORMATION
(Other than Management's Discussion and Analysis)
83
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
General Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues
Taxes:
Generalproperty $ 97,601,000 97,601,000 98,235,049 634,049
Penalty and interest - - 90,212 90,212
Total taxes 97,601,000 97,601,000 98,325,261 724,261
Licenses and permits:
Business licenses and permits 2,376,500 2,376,500 2,345,598 (30,902)
Nonbusiness licenses and permits 5,889,800 5,889,800 6,872,563 982,763
Total licenses and permits 8,266,300 8,266,300 9,218,161 951,861
Intergovernmental:
Federal grants and cost reimbursement 24,000 7,751,876 8,963,044 1,211,168
State grants and costreimbursement - 3,171,840 1,824,252 (1,347,588)
State shared revenue 312,200 312,200 311,989 (211)
Other governmental units 179,750 179,750 869,842 690,092
Total intergovernmental S15,950 11,415,666 11,969,127 553,461
Charges for services:
General government:
Clerk and recorder's fees 10,147,200 10,147,200 8,720,960 (1,426,240)
Treasurer's fees 7,805,764 7,805,764 7,845,237 39,473
Assessor's fees 45,000 45,000 32,832 (12,168)
Public hustee's fees - - 318,765 318,765
Building,zoning,development fees 2,634,800 2,634,800 2,922,664 287,864
Otherfeesand charges 103,600 103,600 94,850 (8,750)
Public safety:
Sheriffs fees 165,300 165,300 241,883 76,583
Other fees and charges 3,867,250 3,867,250 3,285,909 (581,341)
Sanitarion waste collecrion charges 10,000 10,000 10,684 684
Culture and recreation participation fees 839,700 839,700 1,544,658 704,958
Total charges for services 25,618,614 25,618,614 25,018,442 (600,172)
Fines and forfeitures 121,400 121,400 127,766 6,366
Investment income(loss) 2,000,000 2,000,000 (14,895,833) (16,895,833)
Contributions and private grants 335,000 350,000 407,704 57,704
Miscellaneous:
Refundsandreimbursements 367,900 746,948 1,716,955 970,007
Other 207,000 207,000 1,053,049 846,049
Total miscellaneous 574,900 953,948 2,770,004 1,816,056
Total revenues 135,033,164 146,326,928 132,940,632 (13,386,296)
Expenditures
General government current operaring:
Commissioners:
Office of the board 556,266 725,266 770,566 (45,300)
County attorney 1,737,687 2,205,687 2,211,513 (5,826)
Boardofequalization 37,100 37,100 15,765 21,335
County administration 1,238,917 1,361,109 1,361,857 (748)
Risk management 165,447 165,447 152,963 12,484
Public affairs 1,184,467 1,341,654 1,277,032 64,622
Central services 243,754 253,611 235,287 18,324
Total commissioners 5,163,638 6,089,874 6,024,983 64,891
84
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
General Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Clerk and recorder:
Clerk administration 966,900 1,062,300 1,077,956 (15,656)
Recording 1,173,210 1,133,478 1,068,102 65,376
Motor vehicle 4,769,826 4,864,762 4,829,724 35,038
Elections and registration 3,348,375 3,319,637 2,439,322 880,315
Driverslicense 207,579 292,661 292,963 (302)
Total clerk and recorder 10,465,890 ]0,672,838 9,708,067 964,771
Treasurer:
Treasurer 1,183,778 1,]55,272 1,141,965 13,307
Public hustee 185,822 220,822 217,866 2,956
Total treasurer 1,369,600 1,376,094 1,359,831 16,263
Assessor 5,237,246 5,237,246 4,972,908 264,338
Community development:
Administration 683,277 694,277 692,676 1,601
Planning 4,085,795 13,992,866 9,232,286 4,760,580
Planning commission 9,895 9,895 7,920 1,975
Community services 135,000 135,000 135,000 -
Building 4,191,233 4,481,995 4,473,056 8,939
Senior services - 1,263,836 820,562 443,274
Total community development 9,105,200 _ 20,577,869 _ 15,361,500 5,216,369
Finance 1,524,392 1,807,128 1,706,642 100,486
Budget 622,074 553,968 524,138 29,830
Human resources 1,816,911 1,900,281 1,798,492 101,789
Information technology:
IT administration 3,583,286 5,671,784 4,672,040 999,744
IT program management 2,165,359 2,068,454 2,029,282 39,172
IT nctworking 3,847,332 4,589,834 4,483,581 106,253
IT ADS 4,866,610 4,945,475 5,001,542 (56,067)
Phone/communication - 46,311 44,404 1,907
Software maintenance 5,135,755 6,406,928 5,434,775 972,153
Total information technology 19,598,342 23,728,786 21,665,624 2,063,162
Facilities,Fleet and Emergency Support Services:
FFESS administration 3,564,193 3,478,731 3,471,421 7,310
Facilities maintenance 6,685,276 6,847,812 6,796,087 51,725
Emergency services 718,400 1,267,262 1,177,601 89,661
Fleet 3,012,160 2,857,839 2,159,195 698,644
Total Facilities,Fleet and Emergency Support Svcs 13,980,029 14,451,644 13,604,304 847,340
County surveyor 8,555 8,555 8,269 286
General fund administration 1,549,522 2,602,496 935,569 1,666,927
Intergovernmental-regional boards 16,800 2,000 2,000 -
Total general government 70,458,199 _ 89,008,779 _ 77,672,327 11,336,452
85
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
General Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Judicial current operating:
District attorney 9,221,758 10,344,856 9,873,954 470,902
Community justice services 2,173,560 2,028,753 1,871,984 156,769
Total judicial 11,395,318 _ 12,373,609 _ 11,745,938 627,671
Public safety current operating:
Sherif£
Administration 5,044,811 5,278,439 5,161,336 117,103
Support services 15,032,995 15,312,942 14,559,231 753,711
Detentions 25,684,492 28,586,963 27,370,781 1,216,182
Patrol 413,151 413,151 447,078 (33,927)
Investigations 7,843,404 8,122,264 8,245,128 (122,864)
Total sheriff 54,018,853 57,713,759 55,783,554 1,930,205
Coroner 1,614,750 1,614,750 1,202,009 412,741
Community safety 1,365,529 1,627,517 1,645,144 (17,627)
Total public safety 56,999,132 60,956,026 58,630,707 2,325,319
Highway and streets current operating:
Engineering 6,042,152 6,020,307 5,811,030 209,277
Total highway and streets 6,042,152 6,020,307 5,811,030 209,277
Sanitation 15,599 175,599 156,592 19,007
Health and human services current operating:
Tri-county health 2,702,484 2,702,484 2,870,981 (168,497)
Philip Miller grant 200,000 300,000 254,689 45,311
Veterans services 66,950 102,631 88,502 14,129
Mental health 1,296,061 2,671,197 1,223,735 1,447,462
Douglas Countypublic health 276,586 1,672,815 1,465,857 206,958
Total health and human services 4,542,081 7,449,127 5,903,764 1,545,363
Culture and recreation current operating:
Parksadministrationandmaintenance 3,104,993 3,096,623 2,888,517 208,106
Fairgrounds 2,233,583 2,671,855 2,613,201 58,654
Historic preservation board 380,952 404,707 144,793 259,914
Total culture and recreation 5,719,528 6,173,185 5,646,511 526,674
Conservation of natural resources current operating:
Natural resources 376,530 876,530 237,276 639,254
Soil conservation district 93,500 93,500 93,500 -
Total conservation of natural resources 470,030 970,030 330,776 639,254
Economic development and assistance 1,312,500 1,818,350 1,688,881 129,469
Community services current operating:
CSU extension 484,100 490,405 409,368 81,037
Total community services 484,100 490,405 409,368 81,037
Total current operating 157,438,639 185,435,417 167,995,894 17,439,523
86
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
General Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Intergovernmental support:
Other governmental units 568,719 638,819 638,139 680
Capital outlay 2,162,700 3,793,460 2,510,993 1,282,467
Contingency 1,860,000 1,537,873 - 1,537,873
Total expenditures 162,030,058 191,405,569 171,145,026 20,260,543
Excess(deficiency)of
revenues over expenditures (26,996,894) (45,078,641) (38,204,394) 6,874,247
Other financing sources(uses):
Saleofcapitalassets - - 150,138 150,138
Leases proceeds - - 83,861 83,861
Transfers in 27,263,284 29,814,469 30,247,060 432,591
Transfers out (3,147,231) (10,003,560) (9,966,525) 37,035
Total other financing sources(uses) 24,ll6,053 19,810,909 20,514,534 703,625
Net change in Fund Balance $ (2,880,841) (25,267,732) (17,689,860) 7,577,872
Fund balance,January 1 74,202,805
Fund balance,December 31 $ 56,512,945
87
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Road and Bridge Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
Generalproperty $ 36,166,500 36,166,500 35,882,732 (283,768)
Specific ownership 15,198,000 15,198,000 13,238,848 (1,959,152)
Penalty and interest - - 32,582 32,582
Total taxes 51,364,500 51,364,500 49,154,162 (2,210,338)
Licenses and permits 981,500 981,500 1,086,036 104,536
Intergovernmental:
Federal grants and cost reimbursement 360,000 360,000 365,213 5,213
Federal sharedrevenue 55,000 55,000 82,136 27,136
State shared revenue 9,800,000 9,800,000 11,064,524 1,264,524
Other governmental units 176,081 176,081 335,461 159,380
Total intergovernmental 10,391,081 10,391,081 11,847,334 1,456,253
Charges for services 7,000 7,000 5,500 (1,500)
Miscellaneous:
Refunds and reimbursements 25,000 187,670 164,320 (23,350)
Other - - 6,365 6,365
Total miscellaneous 25,000 187,670 170,685 (16,985)
Total revenues 62,769,081 62,931,751 62,263,717 (668,034)
Expenditures:
Highways and streets current operating:
Highway administration 1,981,485 2,799,915 1,656,627 1,143,288
Maintenance ofinfrastructure 12,903,391 12,381,139 11,945,602 435,537
Snow and ice removal 2,517,089 3,782,460 3,788,493 (6,033)
Weed control 774,002 692,969 619,311 73,658
Traffic services 6,535,584 6,514,403 5,910,506 603,897
Roads,bridges and traffic 3,534,437 3,634,485 23,230,920 (19,596,435)
Total highways and streets operating 28,245,988 29,805,371 47,151,459 (17,346,088)
Intergovernmental:
Tax shareback 8,019,000 8,019,000 7,830,749 188,251
Other governmental units - - 1,861,066 (1,861,066)
Total intergovernmental 8,019,000 8,019,000 9,691,815 (1,672,815)
Current operating 36,264,988 37,824,371 56,843,274 (19,018,903)
Capital outlay 34,449,967 37,364,924 4,711,415 32,653,509
Total highways and streets 70,714,955 75,189,295 61,554,689 13,634,606
Contingency 1,000,000 1,000,000 - 1,000,000
Total expenditures 71,714,955 76,189,295 61,554,689 14,634,606
Excess(deficiency)of
revenues over expenditures (8,945,8� (13,257,544) 709,028 13,966,572
88
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Road and Bridge Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Other financing sources(uses):
Sale of capital assets - - 84,900 84,900
Transfers out (107,000) (107,000) (107,000) -
Total other financing sources(uses) (107,000) (107,000) (22,100) 84,900
Net change in Fund Balance (9,052,874) (13,364,544) 686,928 14,051,472
Fund balance,January 1 29,860,652
Fund balance,December 31 $ 30,547,580
89
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Human Services Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
General property $ 3,026,600 3,026,600 3,002,824 (23,776)
Penalty and interest - - 2,669 2,669
Total taxes 3,026,600 3,026,600 3,005,493 (21,107)
Intergovernmental:
Federal grants and cost reimbursement 26,371,349 29,462,102 36,730,753 7,268,651
State grants and cost reimbursement 14,533,191 18,233,674 10,723,872 (7,509,802)
Total intergovernmental 40,904,540 47,695,776 47,454,625 (241,151)
Miscellaneous:
Other 710,000 1,383,750 832,758 (550,992)
Total miscellaneous 710,000 1,383,750 832,758 (550,992)
Total revenues 44,641,140 52,106,126 51,292,876 (813,250)
Expenditures:
Current operating:
Human services-administration 6,677,546 7,443,843 6,349,477 1,094,366
Human Services-direct aid and programs:
Core services 1,751,501 1,810,877 1,129,593 681,284
Colorado Works/TANF block 2,153,884 2,356,683 1,931,854 424,829
Child welfare block 12,745,693 14,805,330 12,125,838 2,679,492
Child care block 3,422,404 4,901,562 4,169,155 732,407
Child support enforcements 986,602 986,602 951,825 34,777
Low income energy assistance 425,000 1,233,400 954,626 278,774
Other non-block grant programs 19,772,446 22,272,446 25,857,338 (3,584,892)
Total direct aid programs 41,257,530 48,366,900 47,120,229 1,246,671
Total current expenditures 47,935,076 55,810,743 53,469,706 2,341,037
Capital outlay - 126,899 49,293 77,606
Total expenditures 47,935,076 55,937,642 53,518,999 2,418,643
Excess(deficiency)of
revenues over expenditures (3,293,936) (3,831,516) (2,226,123) 1,605,393
Other financing sources(uses):
Sale of capital assets - - 3,903 3,903
Transfers in 2,095,731 2,095,731 2,058,696 (37,035)
Total other financing sources(uses) 2,095,731 2,095,731 2,062,599 (33,132)
Net change in Fund Balance (1,198,205) (1,735,785) (163,524) 1,572,261
Fund balance,January 1 4,625,262
Fund balance,December 31 $ 4,461,738
90
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Douglas County Health Department Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Intergovernmental:
Federal grants and cost reimbursement $ - 5,280,467 844,455 (4,436,012)
State grants and cost reimbursement - - 464,640 464,640
Total intergovernmental - 5,280,467 1,309,095 (3,971,372)
Public health fees - - 374,787 374,787
Interest on investments - - 197 197
Total revenues - 5,280,467 1,684,079 (3,596,388)
Expenditures:
Administration-DCHD - 1,753,981 415,504 1,338,477
Emergencypreparedness/disease control - 4,285,486 1,142,852 3,142,634
Environmental health - 325,000 347,119 (22,119)
Community health - 116,000 134,087 (18,087)
Total expenditures - 6,480,467 2,039,562 4,440,905
Excess(deficiency)of
revenues overexpenditures - (1,200,000) (355,483) 844,517
Other financing sources(uses):
Transfers in - 1,200,000 1,200,000 -
Total other financing sources(uses) - 1,200,000 1,200,000 -
Net change in Fund Balance - - 844,517 844,517
Fund balance,January 1 -
Fund balance,December 31 $ 844,517
91
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Law Enforcement Authority Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
Generalproperty $ 20,224,300 20,224,300 20,196,073 (28,227)
Specific ownership 1,989,000 1,989,000 1,789,702 (199,298)
Penalty and interest - - 21,085 21,085
Total taxes 22,213,300 22,213,300 22,006,860 (206,440)
Intergovernmental:
Federal grants and cost reimbursement - 10,000 10,000 -
State grants and cost reimbursement - 46,443 23,679 (22,764)
Other govemmental units 70,800 70,800 70,858 58
Total intergovernmental 70,800 127,243 104,537 (22,706)
Charges for services 1,504,400 1,504,400 1,639,060 134,660
Fines and forfeits 710,200 710,200 784,518 74,318
Interest on investments 200,000 200,000 234,012 34,012
Contributions and private grants - 8,968 8,968 -
Miscellaneous:
Refunds and reimbursements 125,900 125,900 55,133 (70,767)
Total miscellaneous 125,900 125,900 55,133 (70,767)
Total revenues 24,824,600 24,890,011 24,833,088 (56,923)
Expenditures:
Public safety current operating:
LEA Administration 814,565 1,371,065 779,108 591,957
LEA Support services 1,865,339 1,872,139 2,182,637 (310,498)
LEAPatrol 21,437,626 21,179,849 21,198,601 (18,752)
LEA Investigations 1,834,103 2,881,504 2,169,749 711,755
Total public safety 25,951,633 27,304,557 26,330,095 974,462
Capital outlay 979,000 2,652,5ll 1,549,499 1,103,012
Contingency 250,000 250,000 - 250,000
Total expenditures 27,180,633 30,207,068 27,879,594 2,327,474
Excess(deficiency)of
revenues over expenditures (2,356,033) (5,317,057) (3,046,506) 2,270,551
Other financing sources(uses):
Sale of capital assets 50,000 50,000 109,743 59,743
Transfers in 1,051,500 1,051,500 1,051,500 -
Total other financing sources(uses) 1,101,500 1,101,500 1,161,243 59,743
Net change in Fund Balance (1,254,533) (4,215,557) (1,885,263) 2,330,294
Fund balance,January 1 12,804,987
Fund balance,December 31 $ 10,919,724
92
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Road Sales and Use Tax Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Sales and use taxes $ 39,840,000 41,590,000 43,612,986 2,022,986
Intergovernmental:
Federal grants and cost reimbursement - 2,853,854 1,583,490 (1,270,364)
Other governmental units - 3,426,437 3,426,437 -
Total intergovernmental - 6,280,291 5,009,927 (1,270,364)
Interest on investments 600,000 600,000 1,275,604 675,604
Contributions and private grants - 8,257,185 4,ll4,346 (4,142,839)
Refunds and reimbursements - 908,000 5,061,747 4,153,747
Total revenues 40,440,000 57,635,476 59,074,610 1,439,134
Expenditures:
Highways and streets:
Fund administrarion 10,000 10,000 8,806 1,194
Roads,bridges and traffic 150,207 190,294 503,329 (313,035)
Other governmental support 1,066,874 1,624,566 1,265,204 359,362
Total highway and streets 1,227,081 1,824,860 1,777,339 47,521
Intergovernmental:
Tax shareback 16,932,300 18,682,300 16,935,578 1,746,722
Other govemmental units 22,345,355 28,500,331 13,179,970 15,320,361
Total intergovernmental 39,277,655 47,182,631 30,ll5,548 17,067,083
Capital outlay 47,212,807 59,774,390 18,431,024 41,343,366
Total expenditures 87,717,543 108,781,881 50,323,911 58,457,970
Excess(deficiency)of
revenues overexpenditures (47,277,543) (51,146,405) 8,750,699 59,897,104
Other financing sources(uses):
Transfers out (500,000) (500,000) (500,000) -
Total other financing sources(uses) (500,000) (500,000) (500,000) -
Net change in Fund Balance (47,777,543) (51,646,405) 8,250,699 59,897,104
Fund balance,January l 78,089,487
Fund balance,December 31 $ 86,340,186
93
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Parks and Open Space Sales and Use Tax Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Sales and use taxes $ 14,316,543 14,524,543 15,931,033 1,406,490
Interest on investments 100,000 100,000 610,074 510,074
Contributions and private grants - - 9,540 9,540
Lease - - 62,436 62,436
Refunds and reimbursements - - l 4,103 14,103
Rents 25,000 25,000 58,511 33,511
Other - - 7,960 7,960
Total revenues 14,441,543 14,649,543 16,693,657 2,044,114
Expenditures:
Open space administration 657,051 508,514 444,680 63,834
Open space acquisirions 2,532,100 1,403,602 1,511,534 (107,932)
Tax shareback 2,498,800 2,706,800 2,845,235 (138,435)
Capital outlay 396,939 2,161,987 1,056,521 1,105,466
Contingency 150,000 130,000 - 130,000
Total expenditures 6,234,890 6,910,903 5,857,970 1,052,933
Excess(deficiency)of
revenues overexpenditures 8,206,653 7,738,640 10,835,687 3,097,047
Other financing sources(uses):
Transfers in 95,000 95,000 95,000 -
Transfers out (3,030,000) (3,030,000) (3,028,835) 1,165
Total other financing sources(uses) (2,935,000) (2,935,000) (2,933,835) 1,165
Net change in Fund Balance 5,271,653 4,803,640 7,901,852 3,098,212
Fund balance,January 1 25,920,403
Fund balance,December 31 $ 33,822,255
94
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Justice Center Sales and Use Tax Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Sales and use taxes $ 24,900,525 26,825,525 27,258,117 432,592
Charges for services - - 48,700 48,700
Interest on investments 500,000 500,000 429,153 (70,847)
Total revenues 25,400,525 27,325,525 27,735,970 410,445
Expenditures:
Public Safety:
Fund administration 2,088,100 1,962,460 1,048,090 914,370
Capital outlay 557,700 4,279,678 1,708,900 2,570,778
Contingency 250,000 239,825 - 239,825
Total expenditures 2,895,800 6,481,963 2,756,990 3,724,973
Excess(deficiency)of
revenues over expenditures 22,504,725 20,843,562 24,978,980 4,135,418
Other financing sources(uses):
Transfers out (25,836,385) (28,128,724) (28,561,315) (432,591)
Total other financing sources(uses) (25,836,385) (28,128,724) (28,561,315) (432,591)
Net change in Fund Balance (3,331,660) (7,285,162) (3,582,335) 3,702,827
Fund balance,January 1 32,938,171
Fund balance,December 31 $ 29,355,836
95
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
American Rescue Plan Act Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Federal grants and cost reimbursement $ - 34,050,275 12,164,800 (21,885,475)
Interest on investments - - 1,053,255 1,053,255
Total revenues - 34,050,275 13,218,055 (20,832,220)
Expenditures:
Mental health - 68,750 68,750 -
Broadband - 86,315 94,934 (8,619)
Economic development and community services - 15,849,394 430,883 15,418,5 ll
Other governmental units - - 4,933,315 (4,933,315)
Capital outlay - 18,060,529 6,636,918 11,423,6ll
Total expenditures - 34,064,988 12,164,800 21,900,188
Net change in Fund Balance - (14,713) 1,053,255 1,067,968
Fund balance,January 1 14,713
Fund balance,December 31 $ 1,067,968
96
DOUGLASCOUNTY,COLORADO
Notes to the Required Supplementary Information
December 31,2022
BUDGETARY INFORMATION
Annual budgets for all funds are adopted on a basis consistent with the following procedures, which are
statutorily defined in the local government budget law: Colorado Revised Statutes (CRS); Title 29; Article 1,
Budget and Services; part 1, Local Government Budget law of Colorado.
Budgets are required, and adopted, for all County governmental and proprietary funds except the Sheriffs
Forfeiture Fund, the Douglas County Deputy Sheriff's Association Fund (DCDSA) and the Fallen Officer's
Fund (special revenue funds). The Sheriff's Forfeiture Fund is exempt by State statute from the budget and
appropriation process. The DCDSA Fund and the Fallen Officer's Fund are blended component units whose
budget approval is not under the control of the Board of County Commissioners. Each County department
(spending authority) annually submits to the Budget Department its projected revenue and estimated
expenditures for the subsequent fiscal year. These estimates and requests are reviewed against the County's
available financing resources to develop a countywide proposed budget.
On or before October 15, the County Manager submits the proposed budget for the fiscal year commencing the
following January 1 to the Board of County Comrnissioners. The proposed budget must be balanced, meaning
that available revenues or other financing sources combined with available unrestricted beginning fund balances
must be equal to or greater than the proposed expenditures.
Subsequent to published notice of the proposed budget's availability for inspection, any elector has the right to
file or register their protest prior to the time of the adoption of the budget.
No later than December 15, the Board of County Commissioners passes and approves formal resolutions to
adopt the budgets, certify and levy taxes, and appropriate funds far the County, the Douglas County Law
Enforcement Authority, the Woodmoor Mountain General Improvement District and the Lincoln Station Local
Improvement District.
Budgets for all funds are adopted on the basis consistent with US GAAP. All appropriations lapse at year-end
unless formally encumbered by a purchase order or other formal commitment open and available at year-end.
Legal Compliance: In accordance with Colorado law, budgets are adopted and appropriations are authorized by
fund. The County Manager must approve any request to reallocate appropriations within a fund that is legally a
part of the County organization;however, a formal resolution amending the budget is not required.
Any increases or decreases to the adopted and appropriated budget at the fund level require that an amended or
supplemental budget appropriation be approved by the Board of County Commissioners through formal
resolution at a public meeting, with prior published notice of the proposed changes. The exception is that the
Board of County Commissioners may increase a fund's spending authoriry appropriation through a reallocation
from the fund's contingency appropriation without formal resolution.
9�
SUPPLEMENTAL INFORMATION
(Subj ected to Auditing Procedures)
9�
NONMAJOR GOVERNMENTAL FUNDS
Special Revenue Funds
Special Revenue Funds account for the proceeds of specific revenue sources (other than expendable trusts or for
major capital projects)that are legally restricted to expenditures for specified purposes.
Sheriff's Forfeiture Fund
This fund is used to account for the proceeds from the seizure and/or forfeiture of contraband under the
Colorado Contraband Forfeiture Act. These funds must be used for the specific purpose of law
enforcement activities. While these proceeds are subject to the Local Government Audit Law, they are
exempt from the budget and appropriation process.
Douglas County Deputy Sheriff s Association
This special support unit of the Sheriff's office is incorporated under the laws of the State of Colorado and
is a blended component unit of the primary government. The intent is to provide service for the Douglas
County Sheriff's Office through support programs and facilitation of extra duty employment. The
authorization of expenditures is done through an appointed board of the Association.
Fallen Offzcer Fund
This is an IRS 501(c) (3), tax exempt charitable organization and is a blended component unit of the
primary government. Donated funds provide assistance to Douglas County Sheriff's office members who
are killed or seriously injured in the line of duty or who become deceased as a result of illness, accident,
injury or natural causes not related to any performance of duty.
Developmental Disabilities Fund
This fund is used to account for revenues derived from a 1.000 mill property tax approved by the voters in
November 2001 designated to be used in providing services for pouglas County citizens with
developmental disabilities.
Safery and Mental Health Fund
This fund was created in May of 2019 to provide safety and mental health services for youth in schools.
Beginning in 2020 this fund will account for revenues derived from a 0.5 mill property tax allocation.
These ongoing funds will be used to train and employee school resource officers dedicated solely to
school safety.
Infrastructure Fund
This fund was created to receive revenues derived from 0.5 mills of property tax reallocated from the
General Fund to be used for infrastructure projects within Douglas County. After voters elected to allow
0.18% of the County's 1.0% sales and use tax to be diverted to the Transportation Infrastructure Sales and
Use Tax fund beginning in 2020; the 0.5 mills of property tax allocated to this fund was returned to
General Fund and the balance remaining in this fund will be spent on projects originally designated to be
funded with these revenues.
Transportation Infrastructure Sales and I�se Tax Fund
This fund accounts for revenues received from 0.18% of the County's 1.0% sales and use tax approved by
voters through ballot measure lA in 2019 and will be used to fund transportation infrastructure
improvements.
99
Parks Sales and Use Tax Fund
The Parks Sales and Use Tax Fund shares a portion of the revenues received from the 0.17% open space,
trails, and parks sales and use tax approved by the voters in 1994 and in 2022 was approved by the voters
to extend through January 1, 2039 for the acquisition, development, and maintenance of open space, trails,
and parks.
Conservation Trust Fund
This fund is used to account for revenues received from the State lottery fund specifically designated to be
used for the acquisition, development, and maintenance of parks, recreation facilities and trail systems
located within the County.
Lincoln Station Local Improvement District(LID) Fund
This fund is used to account for the revenues derived from the collection of the LID sales taxes and will
thereafter remit the LID sales taxes to the District to fund the Improvements.
Solid Waste Disposal Fund
This fund is used to account for the revenues derived from a service charge collected by the outside
operators of solid waste disposal sites or transfer stations located within unincorporated Douglas County.
Woodmoor Mountain General Improvement District(GID) Fund
This fund is used to account for the revenues derived from a designated property tax levied by the
Woodmoor Mountain General Improvement District(GID), a special taxing district, and designated for the
improvement and maintenance of roads located within that District.
Rocky Mountain High Intensity Drug Trafficking Area
This fund is used to account for revenues and expenditures associated with the High Intensity Drug
Trafficking Area (HIDTA) program, which provides assistance to law enforcement agencies operating in
areas determined to be critical drug-trafficking regions of the United States. The program is funded 100%
by federal funds.
Capital Projects Funds
Capital Projects funds account for the financial resources used to acquire or construct major public capital
facilities and improvements.
Capital Expenditures Fund
This fund is used to account for the construction, improvement, and/or purchase of public facilities,
including land,buildings, equipment, and furnishings.
Local Improvement Distvict(LID) Capital Construction Fund
This fund is used to account for road and other public improvements located within various Local
Improvement Districts (LID's). Funding for these improvements is provided from special assessments
levied against the properties located within the LID with some assistance from general governmental
revenues of the County.Capital Replacement Fund
Capital Replacement Fund
This fund is used to account for the accumulation of funds generated from inter-fund transfers to be used in
the scheduled replacement of County vehicles and other capital equipment.
Debt Service Fund
This fund is used to account for the debt service activities related to the Counry's outstanding revenue bonds.
ioo
101
DOUGLASCOUNTY,COLORADO
Combining Balance Sheet
Nonmajor Governmental Funds
December 31,2022
Deputy Sheriffs Developmental
Sheriffls Forfeiture Association Fallen Of6cers Disabilities
ASSCtS
Pooled cash and investments $ 562,862 $ 393,778 $ 658,178 $ 1,239,320
Property tax receivable - - - 8,176,264
Accounts receivable 34,278 195,908 - 806
Lease receivable - - - -
Prepaid items - - - -
Total assets $ 597,140 $ 589,686 $ 658,178 $ 9,416,390
Liabilities,Deferred Inflows of Resources and Fund Balances
Liabilities:
Accounts payable $ 55,214 $ - $ 1,000 $ 16,267
Retainage payable - - - -
Accrued liabilities - 207,220 - -
Payable to other governments - 321 - -
Interfund payables - - - -
Totalliabilities 55,214 207,541 1,000 16,267
Deferred Inflows of Resources
Unavailable revenue-property taxes - - - 8,169,616
Unavailable revenue-receivables - - - 5,178
Unavailable revenue-leases - - - -
Total deferred inflows of resources - - - 8,174,794
Fund balances:
Nonspendable - - - -
Restricted 541,926 - - 100,000
Committed - - - -
Assigned - 382,145 657,178 1,125,329
Unassigned - - - -
Total fundbalances 541,926 382,145 657,178 1,225,329
Total liabilities,deferred inflows ofresources and fund balances $ 597,140 $ 589,686 $ 658,178 $ 9,416,390
102
Transportation
Safety and Mental Infrastructure Sales Parks Sales and Use Solid Waste
Health Infrastroctare and Use Tax Tax Conservation Trust Lincoln Station LID Disposal
$ 2,419,142 $ 28,874,090 $ 34,795,015 $ 6,733,890 $ 2,982,419 $ - $ 77,962
2,887,683 7 - - - - -
503,407 - 3,151,372 4,812 - 6,147 16,528
- - - 130,668 - - -
14,250 - - - - - -
$ 5,824,482 $ 28,874,097 $ 37,946,387 $ 6,869,370 $ 2,982,419 $ 6,147 $ 94,490
$ 97,620 $ 28,182 $ 27,248 $ 291,948 $ - $ - $ -
- - - 25,157 - - -
145,932 60,174 29,733 170,280 - 6,147 -
- - - 367,708 - - -
243,552 88,356 56,981 855,093 - 6,147 -
2,886,081 - - - - - -
1,095 - - - - - -
- - - 127,662 - - -
2,887,176 - - 127,662 - - -
14,250 - - - - - -
- - 37,889,406 5,886,615 2,982,419 - -
- 28,649,896 - - - - -
2,679,504 135,845 - - - - 94,490
2,693,754 28,785,741 37,889,406 5,886,615 2,982,419 - 94,490
$ 5,824,482 $ 28,874,097 $ 37,946,387 $ 6,869,370 $ 2,982,419 $ 6,147 $ 94,490
(Continued)
103
DOUGLASCOUNTY,COLORADO
Combining Balance Sheet
Nonmajor Governmental Funds
December 31,2022
Total
Woodmoor Rocky Mountain Special Capital
Moantain GID HIDTA Revenoe Expenditures
ASSCtS
Pooled cash and investments $ 43,351 $ 17,517 $ 78,797,524 $ 5,525,341
Property tax receivable 32,995 - 11,096,949 ll9
Accounts receivable - 34,772 3,948,030 -
Lease receivable - - 130,668 -
Prepaid items - 24,184 38,434 -
Total assets $ 76,346 $ 76,473 $ 94,011,605 $ 5,525,460
Liabilities,Deferred Inflows of Resources and Fund Balances
Liabilities:
Accounts payable $ - $ 1,612 $ 519,091 $ 138,568
Retainagepayable - - 25,157 -
Accrued liabilities - 41,976 661,462 14,704
Payable to other governments - - 368,029 -
Interfund payables - 32,885 32,885 -
Totalliabilities - 76,473 1,606,624 153,272
Deferred Inflows of Resources
Unavailable revenue-property taxes 32,995 - 11,088,692 -
Unavailable revenue-receivables - - 6,273 -
Unavailable revenue-leases - - 127,662 -
Total deferred inflows of resources 32,995 - 11,222,627 -
Fund balances:
Nonspendable - 24,184 38,434 -
Restricted 1,050 - 47,401,416 -
Committed - - 28,649,896 251,680
Assigned 42,301 - 5,116,792 5,120,508
Unassigned - (24,184) (24,184) -
Total fundbalances 43,351 - 81,182,354 5,372,188
Total liabilities,deferred inflows ofresources and fund balances $ 76,346 $ 76,473 $ 94,01 1,605 $ 5,525,460
104
Total
Total Nonmajor
LID Capital Capital Capital Governmental
Construction Replacement Pro.jccts Debt Service Fand
$ 233,871 $ 2,364,922 $ 8,124,134 $ 91,815 $ 87,013,473
- - 119 - 11,097,068
- - - - 3,948,030
- - - - 130,668
- - - - 38,434
$ 233,871 $ 2,364,922 $ 8,124,253 $ 91,815 $ 102,227,673
$ - $ - $ 138,568 $ - $ 657,659
- - - - 25,157
233,871 - 248,575 - 910,037
- - - - 368,029
- - - - 32,885
233,871 - 387,143 - 1,993,767
- - - - 11,088,692
- - - - 6,273
- - - - 127,662
- - - - 11,222,627
- - - - 38,434
- - - - 47,401,416
- - 251,680 - 28,901,576
- 2,364,922 7,485,430 91,815 12,694,037
- - - - (24,184)
- 2,364,922 7,737,110 91,815 89,011,279
$ 233,871 $ 2,364,922 $ 8,124,253 $ 91,815 $ 102,227,673
105
DOUGLASCOUNTY,COLORADO
Combining Statement of Revenues,Expenditures,and Changes in Fund Balances
Nonmajor Governmental Funds
Year ended December 31,2022
Deputy
Sheriff's Sheriffls Fallen Developmental Safety and
Forfeiture Association Officers Disabilities Mental Health
Revenues:
Taxes $ - $ - $ - $ 8,053,577 $ 2,845,588
Intergovernmental - - - - 1,871,111
Charges for services - 1,295,669 - - -
Fines and forfeits 238,053 - - - -
Investment income(loss) 1,554 253 - - -
Contributions and private grants 12,134 - 60,899 500,000 -
Leases - - - - -
Rents,reimbursements,other 34,277 24,301 71,807 - 3,480
Total revenues 286,018 1,320,223 132,706 8,553,577 4,720,179
Expenditures:
Current operating:
General government - - - - -
Public safety 57,075 1,277,798 74,456 - 5,438,504
Highways and streets - - - - -
Sanitation - - - - -
Health and human services - - - - -
Culture and recreation - - - - -
Developmental disabilities - - - 8,017,584 -
Total current operating 57,075 1,277,798 74,456 8,017,584 5,438,504
Capital outlay 53,010 - - - 79,825
Debt service:
Principal - - - - -
Interest - - - - -
Total debt service - - - - -
Total expenditures ll0,085 1,277,798 74,456 8,017,584 5,518,329
Excess(deficiency)of revenues
over(under)expenditures 175,933 42,425 58,250 535,993 (798,150)
Other financing sources(uses):
Transfers in - - - - -
Transfers out - - - - -
Total other financing sources
(uses) - - - - -
Net change to fund balances 175,933 42,425 58,250 535,993 (798,150)
Fund balances,January 1 365,993 339,720 598,928 689,336 3,491,904
Fundbalances,December 31 $ 541,926 $ 382,145 $ 657,178 $ 1,225,329 $ 2,693,754
106
Transportation Parks Lincoln Woodmoor
Infrastructure Sales and Conservation Station Solid Waste Mountain
[nfrastructure Sales and Use Tax Use Tax Trust L.I.D. Disposal G.I.D.
$ - $ 19,625,844 $ 2,604,543 $ - $ 39,737 $ - $ 34,135
- - - 1,668,899 - - -
- - 25,939 - - 68,734 -
- 390,470 97,015 36,784 - - 674
- - 7,000 - - - -
- - 39,205 - - - -
- - 1,761 - - - -
- 20,016,314 2,775,463 1,705,683 39,737 68,734 34,809
88,344 1,558,996 - - 39,737 - 471
- - - - - 99,158 -
- - 655,579 1,141,834 - - -
88,344 1,558,996 655,579 1,141,834 39,737 99,158 471
326,162 - 1,678,345 37,595 - - -
414,506 1,558,996 2,333,924 1,179,429 39,737 99,158 471
(414,506) 18,457,318 441,539 526,254 - (30,424) 34,338
- - (15,012) - - - -
- - (15,012) - - - -
(414,506) 18,457,318 426,527 526,254 - (30,424) 34,338
29,200,247 19,432,088 5,460,088 2,456,165 - 124,914 9,013
$ 28,785,741 $ 37,889,406 $ 5,886,615 $ 2,982,419 $ - $ 94,490 $ 43,351
107
DOUGLASCOUNTY,COLORADO
Combining Statement of Revenues,Expenditures,and Changes in Fund Balances
Nonmajor Governmental Funds
Year ended December 31,2022
Rocky Total L.I.D.
Mountain Special Capital Capital Capital
HIDTA Revenue Expenditures Construction Replacement
Revenues:
Taxes $ - $ 33,203,424 $ 105 $ - $ -
Intergovernmental 2,657,945 6,197,955 - - -
Charges for services - 1,390,342 - - -
Fines and forfeits - 238,053 - - -
Investment income(loss) - 526,750 - - -
Contriburions and private grants - 580,033 - - -
Leases - 39,205 - - -
Rents,reimbursements,other - 135,626 - 5,382 -
Total revenues 2,657,945 42,311,388 105 5,382 -
Expenditures:
Current operating:
General government - - 791,016 - -
Public safety 2,467,756 9,315,589 - - -
Highways and streets - 1,687,548 - 69,267 -
Sanitation - 99,158 - - -
Health and human services - - 56,915 - -
Culture and recreation - 1,797,413 - - -
Developmental disabilities - 8,017,584 - - -
Total current operaring 2,467,756 20,917,292 847,931 69,267 -
Capital outlay - 2,174,937 476,465 2,900,600 -
Debt service:
Principal 163,421 163,421 - - -
Interest 1,868 1,868 - - -
Total debt service 165,289 165,289 - - -
Total expenditures 2,633,045 23,257,518 1,324,396 2,969,867 -
Excess(deficiency)of revenues
over(under)expenditures 24,900 19,053,870 (1,324,291) (2,964,485) -
Other financing sources(uses):
Transfers in - - 179,000 2,477,329 15,012
Transfers out (24,900) (39,912) - - (1,148,845)
Total other financing sources
(uses) (24,900) (39,912) 179,000 2,477,329 (1,133,833)
Net change to fund balances - 19,013,958 (1,145,291) (487,156) (1,133,833)
Fund balances,January 1 - 62,168,396 6,517,479 487,156 3,498,755
Fund balances,December 31 $ - $ 81,182,354 $ 5,372,188 $ - $ 2,364,922
108
Total
Total Nonm aj or
Capital Debt Governmental
Projects Service Fund
$ 105 $ - $ 33,203,529
- - 6,197,955
- - 1,390,342
- - 238,053
- - 526,750
- - 580,033
- - 39,205
5,382 - 141,008
5,487 - 42,316,875
791,016 - 791,016
- - 9,315,589
69,267 - 1,756,815
- - 99,158
56,915 - 56,915
- - 1,797,413
- - 8,017,584
917,198 - 21,834,490
3,377,065 - 5,552,002
- 2,965,000 3,128,421
- 63,693 65,561
- 3,028,693 3,193,982
4,294,263 3,028,693 30,580,474
(4,288,776) (3,028,693) 11,736,401
2,671,341 3,028,835 5,700,176
�i,i4s,s4s� - �i,iss,�s��
1,522,496 3,028,835 4,511,419
(2,766,280) 142 16,247,820
10,503,390 91,673 72,763,459
$ 7,737,110 $ 91,815 $ 89,011,279
109
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Developmental Disabilities Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
Generalproperty $ 8,075,600 8,075,600 8,046,111 (29,489)
Penalty and interest - - 7,466 7,466
Total taxes 8,075,600 8,075,600 8,053,577 (22,023)
Contributions and private grants - 250,000 500,000 250,000
Total revenues 8,075,600 8,325,600 8,553,577 227,977
Expenditures:
Current operating:
Developmental disabilities 8,075,600 8,781,231 8,017,584 763,647
Total eapenditures 8,075,600 8,781,231 8,017,584 763,647
Net change in Fund Balance - (455,631) 535,993 991,624
Fund balance,January 1 689,336
Fund balance,December 31 $ 1,225,329
110
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Safety and Mental Health Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
Generalproperty $ 2,865,600 2,865,600 2,843,118 (22,482)
Penalty and interest - - 2,470 2,470
Total taxes 2,865,600 2,865,600 2,845,588 (20,012)
Intergovernmental:
Other governmental units 1,813,300 1,813,300 1,871,111 57,811
Total intergovernmental 1,813,300 1,813,300 1,871,111 57,811
Miscellaneous refunds and reimbursements - - 3,480 3,480
Total revenues 4,678,900 4,678,900 4,720,179 41,279
Expenditures:
Administration 1,192,647 1,312,221 1,133,265 178,956
School resource officers 4,088,522 4,088,522 4,141,054 (52,532)
Total current eapenditures 5,281,169 5,400,743 5,274,319 126,424
Intergovernmental:
Other governmental units - 1,438,132 164,185 1,273,947
Total intergovernmental - 1,438,132 164,185 1,273,947
Capital outlay - 79,827 79,825 2
Contingency 50,000 50,000 - 50,000
Total expenditures 5,331,169 6,968,702 5,518,329 1,450,373
Net change in Fund Balance (652,269) (2,289,802) (798,150) 1,491,652
Fund balance,January 1 3,491,904
Fund balance,December 31 $ 2,693,754
111
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Infrastructure Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Expenditures:
Infrastructure-administration,current operating $ - 37,000 28,227 8,773
Intergovernmental support - 38,944 - 38,944
Total current expenditures - 75,944 28,227 47,717
Intergovernmental:
Other governmental units 401,373 401,373 60,117 341,256
Total intergovernmental 401,373 401,373 60,117 341,256
Capital outlay 28,759,930 28,722,930 326,162 28,396,768
Total expenditures 29,161,303 29,200,247 414,506 28,785,741
Net change in Fund Balance (29,161,303) (29,200,247) (414,506) 28,785,741
Fund balance,January 1 29,200,247
Fund balance,December 31 $ 28,785,741
112
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Transportation Infrastructure Sales and Use Tax Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Sales and use taxes $ 17,928,400 17,928,400 19,625,844 1,697,444
Interest on investments - - 390,470 390,470
Total revenues 17,928,400 17,928,400 20,016,314 2,087,914
Expenditures:
Fund administration 5,000 5,000 3,953 1,047
Infrastructure projects - 20,000 204,205 (184,205)
Tax shareback 1,200,000 1,600,000 1,300,000 300,000
Other governmental units - - 50,838 (50,838)
Capital outlay 24,242,702 24,312,904 - 24,312,904
Total expenditures 25,447,702 25,937,904 1,558,996 24,378,908
Net change in Fund Balance (7,519,302) (8,009,504) 18,457,318 26,466,822
Fund balance,January 1 19,432,088
Fund balance,December 31 $ 37,889,406
113
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Parks Sales and Use Tax Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
Sales and use taxes $ 2,615,800 2,615,800 2,604,543 (11,257)
Total taxes 2,615,800 2,615,800 2,604,543 (11,257)
Charges for services:
Facilities use fees 25,000 25,000 25,939 939
Total charges for services 25,000 25,000 25,939 939
Interest on investments 75,000 75,000 97,015 22,015
Contributions and private grants - - 7,000 7,000
Lease - - 39,205 39,205
Miscellaneous:
Rents 35,000 35,000 1,761 (33,239)
Total revenues 2,750,800 2,750,800 2,775,463 24,663
Expenditures:
Culture and recreation:
Park sales tax 800,000 749,682 636,579 113,103
Total current expenses 800,000 749,682 636,579 113,103
Intergovernmental:
Other govemmental units - 19,000 19,000 -
Total intergovernmental - 19,000 19,000 -
Capital outlay 4,290,000 4,367,526 1,678,345 2,689,181
Total expenditures _ 5,090,000 _ 5,136,208 2,333,924 _ 2,802,284
Excess(deficiency)of revenues over expenditures (2,339,200) (2,385,408) 441,539 2,826,947
Other financing sources(uses):
Transfers out (15,012) (15,012) (15,012) -
Total other financing sources(uses) (15,012) (15,012) (15,012) -
Net change in Fund Balance (2,354,212) (2,400,420) 426,527 2,826,947
Fund balance,January 1 5,460,088
Fund balance,December 31 $ 5,886,615
114
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Conservation Trust Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Intergovernmental:
State shared revenue $ 1,100,000 1,100,000 1,668,899 568,899
Total intergovernmental 1,100,000 1,100,000 1,668,899 568,899
Interest on investments 25,000 25,000 36,784 11,784
Total revenues 1,125,000 1,125,000 1,705,683 580,683
Expenditures:
Culture and recreation:
Parksandtrails - 1,122,194 1,121,834 360
Total current expenses - 1,122,194 1,121,834 360
Intergovernmental:
Other govemmental units - 20,000 20,000 -
Total intergovernmental - 20,000 20,000 -
Capital outlay - 38,232 37,595 637
Total expenditures - 1,180,426 1,l 79,429 997
Net change in Fund Balance 1,125,000 (55,426) 526,254 581,680
Fund balance,January 1 2,456,165
Fund balance,December 31 $ 2,982,419
115
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Lincoln Station LID Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
Sales and use taxes $ 50,000 50,000 39,737 (10,263)
Total taxes 50,000 50,000 39,737 (10,263)
Total revenues 50,000 50,000 39,737 (10,263)
Expenditures:
Highways and streets:
Other governmental units 50,000 50,000 39,737 10,263
Total eapenditures 50,000 50,000 39,737 10,263
Net change in Fund Balance - - - -
Fund balance,January 1 -
Fund balance,December 31 $ -
116
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Solid Waste Disposal Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Waste collection charges $ 90,000 90,000 68,734 (21,266)
Total revenues 90,000 90,000 68,734 (21,266)
Expenditures:
General government:
Current operating 130,000 135,713 99,158 36,555
Total expenditures 130,000 135,713 99,158 36,555
Net change in Fund Balance (40,000) (45,713) (30,424) 15,289
Fund balance,January 1 124,914
Fund balance,December 31 $ 94,490
117
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Woodmoor Mountain GID Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
General property $ 31,270 31,270 31,275 5
Specific ownership 2,800 2,800 2,766 (34)
Penalty and interest - - 94 94
Total taxes 34,070 34,070 34,135 65
Interest on investments 50 50 674 624
Total revenues 34,120 34,120 34,809 689
Expenditures:
Highway and streets:
Current operating 38,000 38,000 471 37,529
Total expenditures 38,000 38,000 471 37,529
Net change in Fund Balance (3,880) (3,880) 34,338 38,218
Fund balance,January 1 9,013
Fund balance,December 31 $ 43,351
118
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Rocky Mountain HIDTA Fund
Year Ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Intergovernmental:
Federal grants $ 1,519,271 5,570,190 2,657,945 (2,912,245)
Total revenues 1,519,271 5,570,190 2,657,945 (2,912,245)
Expenditures:
Current operating:
Management and coordination 192,513 215,913 710,042 (494,129)
Intelligence 348,849 383,398 941,730 (558,332)
Gangs - - 59,956 (59,956)
Front range task force 210,022 210,022 162,882 47,140
ET cyber-enabled drug trafficking 134,560 199,280 290,713 (91,433)
Trainings 631,427 631,428 467,722 163,706
Total Public Safety 1,517,371 1,640,041 2,633,045 (993,004)
Contingency - 3,905,249 - 3,905,249
Total expenditures 1,517,371 5,545,290 2,633,045 2,912,245
Excess(deficiency)of revenues over e�penditures 1,900 24,900 24,900 -
Other financing sources(uses):
Transfers out (1,900) (24,900) (24,900) -
Total other 6nancing sources(uses) _ 1,( 900) _ (24,900) (24,900) _ -
Net change in Fund Balance - - - -
Fund balance,January 1 -
Fund balance,December 31 $ -
119
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Capital Expenditures Fund
Year ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Taxes:
General property $ - - 34 34
Penalty and interest - - 71 71
Totalrevenues - - 105 105
Expenditures:
General government 862,859 1,243,176 847,931 395,245
Capital outlay 162,141 485,182 476,465 8,717
Total expenditures 1,025,000 1,728,358 1,324,396 403,962
Excess(deficiency)of revenues over expenditures (1,025,000) (1,728,358) (1,324,291) 404,067
Other Financing Sources(Uses)
Transfers in - 179,000 179,000 -
Total other fmancing sources(uses) - 179,000 179,000 -
Net change in Fund Balance (1,025,000) (1,549,358) (1,145,291) 404,067
Fund balance,January 1 6,517,479
Fund balance,December 31 $ 5,372,188
120
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
LID Capital Construction Fund
Year ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
LID assessments $ 10,000 10,000 5,382 (4,618)
Total revenues 10,000 10,000 5,382 (4,618)
Expenditures:
Highway and streets:
Current operating 145,000 164,147 69,267 94,880
Capital outlay - 2,810,338 2,900,600 (90,262)
Total expenditures 145,000 2,974,485 2,969,867 4,618
Excess(deficiency)of revenues over e�penditures (135,000) (2,964,485) (2,964,485) -
Other Financing Sources(Uses)
Transfers in - 2,477,329 2,477,329 -
Total other financing sources(uses) - 2,477,329 2,477,329 -
Net change in Fund Balance (135,000) (487,156) (487,156) -
Fund balance,January 1 487,156
Fund balance,December 31 $ -
121
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Capital Replacement Fund
Year ended December 31,2022
Budgeted
Original Final Actual Variance
Other Financing Sources(Uses)
Transfers in $ 15,012 15,012 15,012 -
Transfers out (913,000) (1,148,845) (1,148,845) -
Total other financing sources(uses) (897,988) (1,133,833) (1,133,833) -
Net change in Fund Balance (897,988) (1,133,833) (1,133,833) -
Fund balance,January 1 3,498,755
Fund balance,December 31 $ 2,364,922
122
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Fund Balance-Actual and Budget
Debt Service Fund
Year ended December 31,2022
Budgeted
Original Final Actual Variance
Expenditures
Debt service:
Principal $ 2,904,800 2,904,800 2,965,000 (60,200)
Interest 125,000 125,000 63,693 61,307
Fiscalcharges 400 400 - 400
Total expenditures 3,030,200 3,030,200 3,028,693 1,507
Excess(deficiency)of revenues over ezpenditures (3,030,200) (3,030,200) (3,028,693) 1,507
Other Financing Sources(CTses)
Transfersin 3,030,000 3,030,000 3,028,835 (1,165)
Total other financing sources(uses) 3,030,000 3,030,000 3,028,835 (1,165)
Net change in Fund Balance (200) (200) 142 342
Fund balance,January 1 91,673
Fund balance,December 31 $ 91,815
123
124
INTERNAL SERVICE FUNDS
Internal Service Funds account for financing of goods and services provided by one department or agency to
other departments or agencies of the County on a cost reimbursement basis. The County's Internal Service Funds
include:
Employee Benefits Fund
This fund is used to account for the accumulation of funds generated from interdepartmental assessments
used in the administration of various self-insured/insured employee benefit programs. This includes short-
term disability, unemployment, and workers' compensation. Payments include claims and stop-loss
insurance premiums.
PropeYty and Liabiliry Fund
This fund is used to account for the accumulation of funds generated from interdepartmental assessments
to be used for the administration of various self-insured property and liability insurance programs.
Medical,Dental and Vision Fund
This fund is used to account for the accumulation of funds generated from interdepartmental assessments
as well as participating employee assessments to be used for the administration of the self-insured medical,
dental and vision insurance programs. Payments include administrative costs, claims and stop-loss
insurance premiums.
izs
DOUGLASCOUNTY,COLORADO
Combining Statement of Net Position
Internal Service Funds
December 31,2022
Total
Medical, Internal
Employee Property and Dental Service
Benefits Liability and Vision Funds
Assets:
Current assets:
Pooled cash and investments $ 6,470,148 3,882,081 4,720,212 15,072,441
Accounts receivable - 204 - 204
Prepaid expenses 204,000 - - 204,000
Total currentassets 6,674,148 3,882,285 4,720,212 15,276,645
Total assets $ 6,674,148 3,882,285 4,720,212 15,276,645
Liabilities:
Current liabilities:
Accrued claims and expenses payable $ 579,588 729,935 2,321,814 3,631,337
Total current liabilities 579,588 729,935 2,321,814 3,631,337
Totalliabiliries 579,588 729,935 2,321,814 3,631,337
Net position:
Unrestricted 6,094,560 3,152,350 2,398,398 11,645,308
Total net position 6,094,560 3,152,350 2,398,398 11,645,308
Total liabilities and net position $ 6,674,148 3,882,285 4,720,212 15,276,645
126
DOUGLASCOUNTY,COLORADO
Combining Statement of Revenues,Expenses and Changes in Fund Net Position
Internal Service Funds
Year ended December 31,2022
Medical,
Employee Property and Dental and
Benefits Liability Vision Total
Operating revenues:
Charges for services $ 2,474,430 $ 2,465,400 $ 21,221,209 $ 26,161,039
Other operating revenue 101,430 52,720 1,015,746 1,169,896
Totaloperatingrevenues 2,575,860 2,518,120 22,236,955 27,330,935
Operating expenses:
Purchased services 74,491 74,560 952,994 1,102,045
Fixed charges 316,768 1,333,971 1,613,497 3,264,236
Insurance benefits/claims 676,798 594,812 21,469,725 22,741,335
Total operating expenses 1,068,057 2,003,343 24,036,216 27,107,616
Operaring income/(loss)before transfers 1,507,803 514,777 (1,799,261) 223,319
Transfers:
Transfers in - - 3,000,000 3,000,000
Total transfers - - 3,000,000 3,000,000
Increase/(decrease)in net position 1,507,803 514,777 1,200,739 3,223,319
Total net position-January 1 4,586,757 2,637,573 1,197,659 8,421,989
Total net position-December 31 $ 6,094,560 $ 3,152,350 $ 2,398,398 $ 11,645,308
127
DOUGLASCOUNTY,COLORADO
Combining Statement of Cash Flows
Internal Service Funds
Year ended December 31,2022
Total
Medical, Internal
Employee Property and Dental Service
Benefits Liability and Vision Funds
Cash flows from operating activities:
Cash received from internal customers $ 2,575,860 2,518,075 22,236,955 27,330,890
Cash payments to external suppliers for goods and
services (1,515,300) (2,323,089) (23,927,791) (27,766,180)
Net cash provided/(used)by operaring
acriviries 1,060,560 194,986 (1,690,836) (435,290)
Cash flow from noncapital financing activities:
Transfers in - - 3,000,000 3,000,000
Net cash provided by noncapital
financing activities - - 3,000,000 3,000,000
Net increase in cash and
equivalents 1,060,560 194,986 1,309,164 2,564,710
Cash balances January 1 5,409,588 3,687,095 3,411,048 12,507,731
Cash balances December 31 $ 6,470,148 $ 3,882,081 $ 4,720,212 $ 15,072,441
Reconciliation of operating income to net cash
provided/(used)by operating activities:
Operatingincome/(loss) $ 1,507,803 514,777 (1,799,261) 223,319
Adjustments to reconcile operating income/(loss)
to net cash provided/(used)by operating
activities:
Increase/(Decrease)in accrued claims
and accrued expenses payable (447,243) (319,746) 108,425 (658,564)
Increase in accounts receivable - (45) - (45)
Total adjustments (447,243) (319,791) 108,425 (658,609)
Net cash provided/(used)by operaring
acriviries $ 1,060,560 194,986 (1,690,836) (435,290)
i2s
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Net Position-Actual and Budget
Employee Benefits Fund
Year ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Charges for services $ 2,271,300 2,271,300 2,474,430 203,130
Other operating revenue - - 101,430 101,430
Total revenues 2,271,300 2,271,300 2,575,860 304,560
Expenditures:
Employee benefits:
Purchased services 25,000 25,000 74,491 (49,491)
Fixed charges 725,100 725,100 316,768 408,332
Insurance benefits/claims 1,346,200 1,346,200 676,798 669,402
Total employee benefits 2,096,300 2,096,300 1,068,057 1,028,243
Contingency 175,000 175,000 - 175,000
Total eapenditures 2,271,300 2,271,300 1,068,057 1,203,243
Net change in net position - - 1,507,803 1,507,803
Net position,January 1 4,586,757
Net posirion,December 31 $ 6,094,560
129
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Net Position-Actual and Budget
Property and Liability Fund
Year ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Charges for services $ 2,465,400 2,465,400 2,465,400 -
Other operaring revenue 35,000 35,000 52,720 17,720
Totalrevenues 2,500,400 2,500,400 2,518,120 17,720
Expenditures:
Insurance:
Purchased services 50,400 50,400 74,560 (24,160)
Fixed charges 1,150,000 1,250,000 1,333,971 (83,971)
Insurance benefits/claims 1,200,000 1,435,695 594,812 840,883
Total insurance 2,400,400 2,736,095 2,003,343 732,752
Contingency 100,000 - - -
Total eapenditures 2,500,400 2,736,095 2,003,343 732,752
Net change in net position - (235,695) 514,777 750,472
Netposition,January 1 2,637,573
Netposirion,December 31 $ 3,152,350
130
DOUGLASCOUNTY,COLORADO
Schedule of Revenues,Expenditures,and Changes in Net Position-Actual and Budget
Medical,Dental and Vision Fund
Year ended December 31,2022
Budgeted
Original Final Actual Variance
Revenues:
Charges for services $ 21,418,962 21,418,962 21,221,209 (197,753)
Other operaring revenue 765,000 765,000 1,015,746 250,746
Totalrevenues 22,183,962 22,183,962 22,236,955 52,993
Expenditures:
Insurance:
Purchased services 942,449 942,449 952,994 (10,545)
Fixed charges 1,608,000 1,608,000 1,613,497 (5,497)
Insurancebenefits/claims 19,633,513 22,633,513 21,469,725 1,163,788
Total eapenditures 22,183,962 25,183,962 24,036,216 1,147,746
Operating income/(loss)
before transfers - (3,000,000) (1,799,261) 1,200,739
Transfers:
Transfers in - 3,000,000 3,000,000 -
Total transfers - 3,000,000 3,000,000 -
Net change in net position - - 1,200,739 1,200,739
Net position,January 1 1,197,659
Net position,December 31 $ 2,398,398
131
FIDUCIARY FUNDS
Custodial Funds are held by Douglas County to report fiduciary activities that are not held in a trust or
equivalent arrangement for individuals, governmental entities, and nonpublic organizations, as established by
resolution or state statute. The County's fiduciary funds include the following custodial funds:
Treasurer's Fund
This fund is used to account for the receipt and disbursement of property tax revenues received by the
Treasurer for other taxing entities in the County.
Public Trustee Fund
This fund is used to account for the fiduciary activities of the Public Trustee including foreclosures and
releases of deeds of trust.
Douglas County Jail Escrow,Inmate Commissary and Victiin Compensation Fund
This fund is used to account for the combined receipt and disbursement of all inmate escrow, inmate
commissary and victim compensation transactions.
132
DOUGLASCOUNTY,COLORADO
Statement of Fiduciary Net Position
Fiduciary Funds
December 31,2022
Total
Treasurer's Public Jail Custodial
Funds Trustee Funds Funds Funds
Assets
Cash and investments $ 3,220,272 748,709 1,322,641 5,291,622
Accounts receivable 4,606,931 - - 4,606,931
Total assets 7,827,203 748,709 1,322,641 9,898,553
Liabilities
Accounts payable - 130,439 - 130,439
Accrued expenses - 7,817 - 7,817
Due to others 7,827,203 610,453 - 8,437,656
Totalliabiliries 7,827,203 748,709 - 8,575,912
Net Position
Restricted for:
Individuals,other governments - - 1,322,641 1,322,641
Total net position $ - - 1,322,641 1,322,641
133
DOUGLASCOUNTY,COLORADO
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
Year ended December 31,2022
Total
Treasurer's Public Trustee Jail Custodial
Funds Funds Funds Funds
Additions:
Treasurer conh-ibutions $ 706,791,002 - - 706,791,002
Inmate deposits - - 3,067,660 3,067,660
Interest - 3,599 - 3,599
Fees - 372,077 - 372,077
Total addirions 706,791,002 375,676 3,067,660 710,234,338
Deductions:
Treasurcr payments 706,791,002 - - 706,791,002
Payments to inmates - - 2,709,963 2,709,963
Payments to outside vendors - 375,676 - 375,676
Total deductions 706,791,002 375,676 2,709,963 709,876,641
Net increase(decrease)in fiduciary net
posirion - - 357,697 357,697
Net position-January 1 - - 964,944 964,944
Net position-December 31 $ - - 1,322,641 1,322,641
134
STATE REQUIRED SCHEDULE
(Subjected to Auditing Procedures)
135
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E_ Tot�lrecel a G_7 8 C-D 1: ' ' ; T�:3 i' + ;� S -
C. Pa ante to State Tor�I w a
D. P8 6nt8 t0 t011 f3Cllitl68
E. Tot21 ex enAtutea A.6•B.S•C•O S 1:2 S85 50C
IV- LOCAL MIGHW GY DEBT STATUS
i�,�o�a.�'=nmes at:a�.
�«r D�at ATOU11:156Uf4 ??6?Pi 110�5 :1061^ :f2b1
4_ BOn08 Totall I 5 -
L-- � r -- -
1. 6:�906 P,�1U�]Ih �U"I�f�� I
B. NOtoe otal 5 -
0'.LOCAL ROAD AND STREET FUND BAL:.NCE
i
A_ E?g��^f;IP3 93 3��:e �B TOt.3'Re�3EFt5 �.T;t3 �bJUC�E'r?f`tE D E9�'1g Ctiil3^Y_ � ??C-�C�I13tlOf
S 1L?.95 '35 $ 1�' 1?� '' - • $ 11�.195�bC•7 ;r '10,F�E-TFi� }� '
Hotea and Commenta:
FORM FHW 4-536(Rev.0612000} PREVIOUS E�fTION,;OE90LETE Ex� �ext Pagei
P��
136
STATE
COLORADO
LOCAL HIGHNfAY FINANCE REPORT YEAR ENDING(mrtvyy):
12�
11. RECOPTS FOR ROAD ANO STREET PURPOSES-DETAIL
fT=R^ r,h.'='_':T ITEM -,1,':__'J-
A3. Other local im sts: E11. Miscellaneous local recei Ls:
a P�o -: Ta•es and Assesments � ` a t°='14 I- r-:-•es'on�n�.�?stments 5 1,�??.d�
b Ocher locai�m sts: - -raff�=Fi��es 3 Fenaities S -
1_ =:ales Taxes $ -i- -' _ _='_ : F a rAi��3=ra e F�s S -
:. I nhascructure&Im Fees $ __' _�__ = F�rt;:ng MFt?r Fees 3 -
3.Liens $ - - =ale of Su lu s P S 84,6DQ
4.Licrnses S 13.238.348 `- Cha es for Sernces ; S 5.500
5-S fic Ownershi 81or Other $ 3.781.B97 . Other A4isc-Recei • S -
8.Total i'.th h 5.} $ 81,86�.'8� h. Other 5 5,232.433
a ToLal la.+b.l S �7.8'5.�01 i. Taal(a.thro h h.l S 8,598.437
(Carry forward ro page f I {Carry forward to page 1 i
fT=1,4 �h.�_�_hJT ITEIv1 �J,':='J`i
C. Receipts from State Govemment D. Receipts from Federal Govemment
1. F-Ighway-us=-r ta,:es i`rom Item!.C.S � - - = 1 =-I'�^iA;from Item I.D.5.1
�ta-e general f�;nas �. Other Federal agendFs:
�?. 0-iwr State funds: 3. =ores-:�rvice S ='�.-1"d?
a. ;�atE bond�oceeds b =cA1A S -
b. Project hlatch � - c. HUD S -
a Motor Vehicle Registrations S °i"d�.d48 d. Fe.deral Transr,Admin�stration S 5C�l3
d. DOLA���rant 3 - e. U.=�.Co�s c`Erv�ineFrs �5 =.RE,213
----- -- - .__
e. Ottwr'�..AP,=A1 � - f_ U-r».rF:,�e-31 t.'9='.4��j
f. To�a l f a through e I $ Q9=E�8 g. Total i a.th�o��h f.� 5 - --- _-=
4. Taal�1 -� +3.fi $ '1.Cc-iF24 3. Tortallt.+�.al --- ---
f Carry forward to�age 11 Ca forward to e t i
III. D(P£NDtTURES FOR ROAD AND STREET PURPOSES-DETAIL
ON NATIQNAL OFF 4ATIONAL
I-13-1'NA�' -11GI-WA'y TOTAL
�•'r':TEh1 �'•'STEA�
�;ai it� Ic�
At. ital o
a. � h:-0f-'JVa Costs $ 7'' S '_`,'�G
b. E ineerng Costs � =�'�-�,_� -- _ —�.43�
c. Constructicn:
(1). NewFaalit�s $ ?.- 5'--i1 - -.-1`;�-}.
I;?). Ca�d.y impravements $ 3.1�5`- - _, -_„ �.
13}. Syst?m=�eser:acion $ �.e3�.4?8 S _.d3u.4'd
14}. �ystem cnhan��ment And Operaton $ 5.1?�.�?3 S °,•'�!2'�
IE}. Taa!Conswaion i'i+j2;,-(31+(41 S - $ 20.3'�1.9?- 5 2Q.3�M1.3'?
d Total Capi,al Ou�lay(Lincs'.a.- 1 b.+ 1.c.41 5 - 3 '3.14:.438 S :3,'3�,43��
Ca forward to a 1
Notes and Comments:
FORM FHWA-53&
Pa9e�
137
138
STATISTICAL SECTION
(Not subjected to Auditing Procedures)
139
DOUGLAS COUNTY, COLORADO
Listing of Statistical Information
Financial Trends Information -These schedules contain trend information that may
aid the reader in evaluating the County's current financial performance by
placing it in historical perspective.
Net Position by Component
Changes in Net Position
Changes in Fund Balances, Governmental Funds
Fund Balances, Governmental Funds
Revenue Capacity-These schedules contain information that may aid the reader in
assessing the Counry's most significant sources of revenue.
Tax Revenues by Sources, Governmental Funds
Assessed Value and Estimated Market Value of Taxable Property
Direct and Overlapping Property Tax Rates
Principal Property Tax Payers
Property Tax Levies and Collections
Debt Capacity-These schedules present information that may aid the reader in
analyzing the extent of the County's current level of debt and the County's
ability to issue debt in the future.
Ratios of Oustanding Debt by Type
Legal Debt Margin Information
Revenue Bond Coverage
Demo�raphic and Economic Information-These schedules offer demographic and
economic indicators that are commonly used for financial analysis and that may
aid the reader in understanding the County's present and ongoing financial
status.
Demographic and Economic Statistics
Principal Employers
Operating Information -These schedule contain service and infrastructure indicatars
that may aid the reader in ascertaining how the information in the County's
financial statements relate to the services the County provides and the activities
it performs.
Budgeted Full-time Equivalent County Employees by Function/Program
Operating Indicators by Function/Program
Capital Asset Statistics by Function/Program
140
DOUGLASCOUNTY,COLORADO
Net position by Component,
Last Ten Fical Years
(accrual basis of accountin�
Fiscal Year
2013 2014 2015 2016
Governmental activities:
Net investment in capital assets $ 507,885,616 $ 509,488,604 $ 508,799,879 $ 511,882,883
Restricted 13,480,688 14,299,417 18,417,871 20,756,032
Unrestricted 220,707,395 211,937,736 209,401,151 210,555,892
Total governmental activities net position $ 742,073,699 $ 735,725,757 $ 736,618,901 $ 743,194,807
Fiscal Year
2017 2018 2019 2020
Governmental activities:
Net Investment in capital assets $ 530,442,456 $ 557,114,973 $ 564,094,326 $ 586,312,207
Restricted 25,253,621 25,240,593 20,275,997 22,014,565
Unrestricted 214,196,898 211,929,559 247,661,591 255,554,597
Total governmental activities net position $ 769,892,975 $ 794,285,125 $ 832,031,914 $ 863,881,369
Fiscal Year
2021 2022
Governmental activities:
Net investment in capital assets $ 630,440,941 $ 761,545,642
Restricted 175,152,935 209,330,034
Unrestricted 160,608,353 138,744,563
$
Total governmental activities netposition $ 966,202,229 1,109,620,239
Source: Douglas County Annual Comprehensive Financial Reports
141
DOUGLASCOUNTY,COLORADO
Changes in Net Position,
Last Ten Fiscal Years
(accrual basis of accounting)
2013 2014 2015 2016
Expenses
Governmental activities:
General government $ 59,418,386 $ 66,926,149 $ 67,796,188 $ 77,136,803
Judicial 7,549,724 7,589,062 8,247,418 8,769,470
Public safety 54,646,468 58,746,142 60,202,395 64,892,327
Highways and streets 79,943,943 84,017,724 85,502,071 91,037,247
Health and human services 25,676,465 26,274,181 27,344,890 29,206,244
Culture and recreation 9,024,710 9,167,367 9,407,657 9,787,378
Conservation of natural resources 428,644 419,863 639,761 1,578,402
Economic development and assistance 432,237 601,464 645,059 1,383,934
Developmental disabilities 4,515,393 4,680,494 4,788,319 5,377,533
Community services 303,400 275,316 312,804 256,568
Sanitation 76,452 83,444 87,926 89,147
Interest and fiscal charges 1,005,577 894,924 803,352 702,056
Total governmental activities expenses 243,021,399 259,676,130 265,777,840 290,217,109
Program Revenues
Governmental activities:
Charges for services:
General government 33,505,975 35,300,451 38,624,196 41,123,674
Judicial 502,965 551,786 553,497 579,866
Public safety 4,395,823 4,291,268 5,314,584 5,665,369
Highways and streets 865,993 1,052,134 859,413 1,359,486
Health and human services - - - -
Culture and recreation 950,489 1,063,708 1,112,832 1,122,542
Developmental disabilities - - - -
Community services - - - -
Sanitation 38,234 47,928 72,953 87,876
Operating grants and contributions 35,628,804 35,220,636 39,348,850 39,545,651
Capital grants and contributions - - - -
Total governmental program revenues 75,888,283 77,527,911 85,886,325 89,484,464
Total government net expense (167,133,116) (182,148,219) (179,891,515) (200,732,645)
General Revenue and Other Changes in Net Position
Governmental activities:
Taxes:
Property taxes 100,984,182 104,190,283 105,616,827 123,280,973
Sales and use taxes 51,385,159 54,909,390 58,868,532 60,563,754
Other taxes 8,741,579 9,590,787 10,338,884 ll,629,677
Investment income(loss) 2,510,957 2,915,400 2,833,379 2,790,962
Miscellaneous 3,583,241 4,194,417 3,125,797 9,043,185
Gain on Sale of capital assets - - - -
Total governmental activities 167,205,118 175,800,277 180,783,419 207,308,551
Change in Net Position
Total government $ 72,002 $ (6,347,942) $ 891,904 $ 6,575,906
Source:Douglas County Annual Comprehensive Financial Reparts
142
DOUGLASCOUNTY,COLORADO
Changes in Net Position,
Last Ten Fiscal Years
(accrual basis of accounting)
Fiscal Year
2017 2018 2019 2020 2021 2022
$ 77,522,601 $ 82,572,210 $ 85,018,604 $ 124,271,151 $ 105,276,604 $ 116,374,793
9,045,957 9,328,036 9,892,576 10,225,387 10,421,698 11,745,938
69,683,622 76,594,860 84,503,343 95,905,605 90,114,620 102,457,858
85,895,401 90,059,105 97,990,510 109,420,165 99,967,726 122,031,470
30,757,489 30,841,319 32,283,364 40,790,416 57,676,160 61,834,882
10,635,061 11,487,988 12,616,835 13,192,294 13,414,209 14,599,209
384,934 986,843 687,906 570,970 655,192 577,446
1,179,756 1,357,854 1,299,655 1,345,679 1,098,779 1,757,562
5,623,880 6,475,400 6,347,500 7,065,984 7,237,405 8,017,584
221,643 426,780 334,575 431,196 455,946 409,368
86,102 104,269 125,471 108,147 89,510 99,158
591,676 470,966 316,009 201,599 113,463 50,350
291,628,122 310,705,630 331,416,348 403,528,593 386,521,312 439,955,618
43,161,577 44,514,076 48,060,100 51,074,597 54,187,114 56,071,213
488,434 487,959 523,523 379,698 354,634 341,908
6,491,123 7,695,627 7,886,401 7,942,395 7,118,236 6,359,720
1,246,895 1,415,385 1,579,827 1,707,869 1,662,952 1,442,682
- - - - - 374,787
1,245,226 1,295,168 1,187,244 625,585 1,291,519 1,732,560
- - - - - 500,000
76,730 99,609 111,775 84,327 67,678 68,734
41,046,589 41,376,070 54,302,300 83,469,719 81,215,216 100,744,039
11,741,376 611,819 7,932,452 25,369,065 64,045,986 123,732,061
105,497,950 97,495,713 121,583,622 170,653,255 209,943,335 291,367,704
(186,130,172) (213,209,917) (209,832,726) (232,875,338) (176,577,977) (148,587,914)
123,481,506 140,294,815 141,918,584 156,106,501 159,737,343 167,470,858
65,200,095 68,433,816 75,615,237 80,366,871 99,510,637 109,072,260
13,830,044 15,061,525 14,514,330 13,777,715 15,712,336 15,187,965
2,904,597 5,864,794 10,690,768 8,951,021 (1,228,903) (10,766,788)
7,412,098 8,135,901 4,651,812 5,330,820 5,086,284 ll,041,629
- - - 191,865 81,140 -
212,828,340 237,790,851 247,390,731 264,724,793 278,898,837 292,005,924
$ 26,698,168 $ 24,580,934 $ 37,558,005 $ 31,849,455 $ 102,320,860 $ 143,418,010
143
DOUGLASCOUNTY,COLORADO
Changes in Fund Balances,Governmental Funds,
Last Ten Fiscal Years
(modified accrual basis of accounting)
Revenues 2013 2014 2015 2016 2017
Taxes $ 161,110,920 $ 168,690,460 $ 174,824,243 $ 195,391,013 $ 202,532,522
Licensesandpermits 6,590,133 7,785,314 8,886,316 9,435,287 9,172,963
intergovernmental 35,628,804 35,220,636 39,348,850 39,434,801 41,064,067
Charges for services 17,952,604 17,917,362 20,105,897 21,435,800 22,737,321
Fines and farfeits 1,256,052 1,122,490 1,205,337 1,271,134 1,206,361
Interest on investments 2,510,957 2,915,400 2,833,379 2,790,962 2,904,597
Contributions and Private Grants - - - - -
Lease - - - - -
Donations,rent,reimburse,other 3,483,575 4,210,629 3,168,704 7,045,496 6,953,155
Total revenues 228,533,045 237,862,291 250,372,726 276,804,493 286,570,986
Expenditures
General government 43,827,881 49,561,245 50,533,374 55,182,608 54,857,715
Judicial 7,549,724 7,589,062 8,247,418 8,769,470 9,045,957
Public safety 50,538,509 53,724,887 55,493,091 59,857,520 64,557,865
Highways and streets 58,796,714 62,063,479 64,089,759 70,831,516 64,011,607
Sanitation 67,268 77,667 84,853 86,074 83,029
Health and human services 25,214,277 26,088,002 27,145,005 28,939,814 30,530,951
Culture and recreation 6,938,468 7,047,465 7,469,219 7,851,587 8,461,940
Conservarion of natural resources 306,514 302,504 482,511 405,877 384,934
Economic development and assistance 432,237 601,464 645,059 1,383,934 1,179,756
Developmental disabilities 4,515,393 4,680,494 4,788,319 5,377,533 5,623,880
Community services 303,400 275,316 312,804 256,568 221,643
Debt service:
Principal 3,510,000 3,660,000 3,745,000 3,845,000 3,950,000
Interest and fiscal charges 981,925 916,485 826,906 727,611 618,751
Capital outlay 27,548,905 30,050,783 26,271,416 31,851,666 35,305,559
Total expenditures 230,531,215 246,638,853 250,134,734 275,366,778 278,833,587
Excess of revenues
over(under)
expenditures (1,998,170) (8,776,562) 237,992 1,437,715 7,737,399
Other financing sources(uses)
Transfers in 31,252,186 26,773,406 37,372,670 37,559,586 36,663,845
Transfers out (31,752,186) (26,702,706) (37,372,670) (37,809,586) (36,663,845)
Proceeds from debt issuance - - - 1,470,300 -
Proceeds from lease issuance - - - - -
Sale of capital assets 687,777 341,180 1,225,461 348,553 589,233
Total other financing sources(uses) 187,777 411,880 1,225,461 1,568,853 589,233
Net change in fund balances $ (1,810,393) $ (8,364,682) $ 1,463,453 $ 3,006,568 $ 8,326,632
Debt service as a percentage
of operating expenditures 2.2% 2.1% 2.0% l.9% l.9%
Source:Douglas County Annual Comprehensive Financial Reports
144
DOUGLASCOUNTY,COLORADO
Changes in Fund Balances,Governmental Funds,
Last Ten Fiscal Years
(modified accrual basis of accounting)
Fiscal Year
2018 2019 2020 2021 2022
$ 223,755,393 $ 232,021,642 $ 250,194,535 $ 275,042,697 $ 292,497,441
8,923,133 8,992,374 8,909,841 10,659,597 10,304,197
41,411,682 47,451,242 79,200,054 79,041,737 96,057,400
22,779,499 26,036,542 27,948,115 30,077,474 28,476,831
1,039,891 823,731 473,567 634,690 1,150,337
s,s64,s6� io,69o,�6g g,9si,o2i �i,azs,9o3� �io,�dd,�gg�
- 6,851,058 4,169,462 1,757,693 5,120,591
- - - - 101,641
7,328,124 4,097,536 3,523,813 4,030,184 9,111,909
311,102,289 336,964,893 383,370,408 400,015,169 432,053,559
59,625,160 60,819,635 94,899,776 74,311,736 83,513,669
9,328,036 9,892,576 10,225,387 10,419,692 11,745,938
69,049,737 76,134,322 89,164,411 83,579,744 95,421,924
68,624,550 76,336,797 86,271,255 75,898,004 96,508,056
102,491 124,117 106,793 199,619 255,750
30,599,286 32,060,420 40,524,097 57,314,627 61,574,472
9,282,091 10,342,656 10,864,001 11,065,347 12,245,373
804,703 456,458 322,880 374,271 330,776
1,357,854 1,299,655 1,345,679 1,098,779 1,757,562
6,475,400 6,347,500 7,065,984 7,237,405 8,017,584
426,780 334,575 431,196 455,946 409,368
4,060,000 4,185,000 2,765,000 2,890,000 3,631,735
502,700 364,288 221,344 126,468 203,243
55,233,503 30,266,202 36,043,889 19,186,627 42,206,565
315,472,291 308,964,201 380,251,692 344,158,265 417,822,015
(4,370,002) 28,000,692 3,118,716 55,856,904 14,231,544
50,845,437 50,202,153 33,051,386 40,151,615 40,352,432
(50,845,437) (50,202,153) (33,051,386) (40,151,615) (43,352,432)
- - - - 83,861
802,463 1,081,799 6,356,633 808,998 348,684
802,463 1,081,799 6,356,633 808,998 (2,567,455)
$ (3,567,539) $ 29,082,491 $ 9,475,349 $ 56,665,902 $ 11,664,089
1.8% 1.6% 0.9% 0.9% 1.0%
145
DOUGLASCOUNTY,COLORADO
Fund Balances,Governmental Funds,
Last Ten Fiscal Years
(mod�ed accrual basis of accounting)
Fiscal Year
2013 2014 2015 2016 2017
General Fund
Nonspendable $ 270,937 $ 337,071 $ 462,173 $ 1,524,646 $ 2,221,576
Restricted 6,163,459 6,407,856 6,812,500 7,679,913 7,991,585
Committed 3,608,354 4,580,709 5,266,097 5,230,796 8,846,479
Assigned 44,123,011 46,626,726 41,444,476 38,631,228 35,443,024
Unassigned 5,708,475 1,021,015 3,305,238 8,688,952 10,938,042
Total General Fund 59,874,236 58,973,377 57,290,484 61,755,535 65,440,706
All Other Govemmental Funds
Nonspendable 3,520,813 2,993,144 2,369,985 2,447,338 2,734,574
Restricted 7,317,229 7,891,561 8,773,213 8,816,755 12,305,886
Committed 67,771,565 53,811,453 55,237,193 51,155,469 75,474,576
Assigned 96,459,138 102,908,764 104,370,877 106,873,223 84,720,940
Unassigned (1,301,730)
Total All Other Governmental Funds $ 175,068,745 $ 167,604,922 $ 170,751,268 $ 169,292,785 $ 173,934,246
Fiscal Year
2018 2019 2020 2021 2022
General Fund
Nonspendable $ 2,453,583 $ 2,664,494 $ 5,192,436 $ 5,679,574 $ 5,821,314
Restricted 8,380,784 9,041,685 8,968,315 9,708,879 11,665,471
Committed 2,050,854 1,696,635 4,537,121 3,433,464 4,978,096
Assigned 17,806,670 23,257,746 22,909,160 40,020,369 34,048,064
Unassigned 19,902,441 9,847,669 21,662,136 15,360,519 -
Total General Fund 50,594,332 46,508,229 63,269,168 74,202,805 56,512,945
All Other Govemmental Funds
Nonspendable 2,534,950 2,118,499 2,233,835 2,898,360 3,123,271
Restricted 11,972,569 11,234,312 13,046,250 165,444,056 197,664,563
Committed 70,572,885 89,384,916 91,240,698 24,706,544 39,369,187
Assigned 100,321,461 ll5,832,732 104,764,685 64,084,814 46,238,246
Unassigned - - (599) (116,640) (24,184)
Total All Other Governmental Funds $ 185,401,865 $ 218,570,459 $ 211,284,869 $ 257,017,134 $ 286,371,083
Source:Douglas County Annual Comprehensive Financial Reports
146
DOUGLASCOUNTY,COLORADO
Tax Revenues by Source,Governmental Funds,
Last Ten Fiscal Years
Fiscal Property Sales and Speci�c Auto
Year Tax Use Tax Ownership Tax Other Total
2013 $ 100,984,182 $ 51,385,159 $ 8,590,265 $ 151,314 $ 161,110,920
2014 104,190,283 54,909,390 9,470,132 120,655 168,690,460
2015 105,616,827 58,868,532 10,221,619 ll7,265 174,824,243
2016 123,280,973 60,563,754 11,440,794 188,883 195,474,404
2017 123,481,506 65,200,095 13,563,582 266,462 202,511,645
2018 140,294,815 68,433,816 14,939,485 122,040 223,790,156
2019 141,918,584 75,615,237 14,365,732 148,598 232,048,151
2020 156,106,501 80,366,871 13,600,718 176,997 250,251,087
2021 159,737,343 99,510,637 15,562,301 150,035 274,960,316
2022 167,470,858 109,072,260 15,031,316 156,649 291,731,083
Change
2013-2022 65.8% ll23°/a 75.0% 3.5% 81.1%
Source:Douglas County Annual Comprehensive Financial Reports
147
DOUGLASCOUNTY,COLORADO
Assess Value and Estimated Actual Value of Taxable Property,
Last Ten Fiscal Years
Total Taxable Total
Exempt and Exempt Direct
Fiscal Personal State Assessed Assessed Tax
Year Land Improvements Property Assessed Value Value Rate
2013 1,159,185,250 3,030,460,130 264,488,650 235,325,500 1,009,012,580 5,698,472,110 19.774
2014 1,170,928,620 3,098,539,650 283,199,400 227,523,800 1,062,090,290 5,842,281,760 19.774
2015 1,630,085,450 3,411,688,320 311,633,840 237,761,700 1,096,313,770 6,687,483,080 19.774
2016 1,273,705,350 3,859,140,640 316,412,340 246,628,700 1,121,430,020 6,817,317,050 19.774
2017 1,455,534,030 4,329,882,020 322,692,600 253,480,700 1,150,051,860 7,511,641,210 19.774
2018 1,451,422,430 4,442,131,510 332,790,990 239,845,700 1,203,428,610 7,669,619,240 19.774
2019 1,653,710,260 5,040,551,380 351,031,490 244,062,800 1,229,364,740 8,518,720,670 19.774
2020 1,679,525,540 5,184,583,340 349,169,860 253,186,600 1,273,772,410 8,740,237,750 19.774
2021 1,898,928,120 5,651,317,840 341,115,620 248,817,800 1,319,261,180 9,459,440,560 19.774
2022 1,881,916,960 5,691,810,090 343,205,630 255,210,700 1,345,933,070 9,518,076,450 19.774
Total Assessed
Total Value as a %of
Fiscal Estimated Total Estimated
Year Actual Value Actual Value
2013 $44,287,415,558 12.9%
2014 45,423,465,845 12.9%
2015 53,605,255,888 12.5%
2016 54,916,459,151 12.4%
2017 64,902,609,593 11.6%
2018 66,581,492,755 11.5%
2019 76,477,767,906 11.1%
2020 78,726,256,017 11.1%
2021 86,119,088,655 11.0%
2022 88,616,623,768 10.7%
Source: Douglas County Assessor Short Abstract Summaries
148
DOUGLASCOUNTY,COLORADO
Direct and Overlapping Property Tax Rates,
Last Ten Fiscal Years
Count Direct Rates
Special Capital
Fiscal General Revenue Projects Total
Year Fund Funds Funds Direct
2014 13.965 5.809 0.000 19.774
2015 13.965 5.809 0.000 19.774
2016 13.788 5.809 0177 19.774
2017 13.288 5.809 0177 19.774
2018 12.788 6.809 0.177 19.774
2019 13.288 6.309 0.177 19.774
2020 13.549 6.225 0.000 19.774
2021 13.549 6.225 0.000 19.774
2022 13.549 6.225 0.000 19.774
2023 13.549 6.225 0.000 19.774
Overla in Rates[2]
Douglas County
[1� Water[1�
Fiscal School [1] Cities& [1] Law Enforce- Fire[i] and
Year District Towns ment Authority Protection Sanitation Metropolitan[1] Other[1]
2014 48.277 0.711 2.730 7.000 2.213 19.067 5.525
2015 48.276 0.702 2.715 6.981 2.197 19.758 5.694
2016 50.759 0.821 3.236 6.864 2.683 21.254 7.683
2017 41.063 0.697 2.670 5.966 1.999 18.316 6.875
2018 38.995 0.704 2.625 5.923 1.978 18.523 7.241
2019 44.930 0.718 2.568 8.109 2.207 16.986 6.287
2020 43.841 0.073 2.530 8.104 2.110 18.125 6357
2021 43.482 0.754 2.506 8.067 1.900 18377 6.796
2022 43.799 0.768 2.486 8.101 1.807 18.578 6.966
2023 42.836 0.770 2.460 8.020 1.640 19.130 6.280
Source: Douglas County Assessor-Certification of Mill Levies,adjusted for assessed valuation on
Treasurer's Tax Dollar Warrant suininary.
All tax rates are per$1,000 assessed valuation.
[1] Mill Levies provide for cities/towns and special districts are weighted-average rates based on the total general property tax revenue
levied.
[2]All historical overlapping rates were corrected in 2018 due to the correction of a calculation error.
149
DOUGLASCOUNTY,COLORADO
Principal Property Tax Payers,
Current Year and Ten Years Ago
2022 %of Total 2013 %of Total
Assessed Value Cty Assessed Assessed Value CTy Assessed
Taxaaver Valuation Rank Value Taxaaver Valuation Rank Value
Park Meadows Mall LLC(8401) 82,440,390 1 1.02% Park Meadows Mall LLC $ 69,119,490 1 1.47%
HCA Health One LLC 62,254,350 2 0.77% Public Service Co.of Colo(Xcel) 55,901,900 2 1.35%
CS Lone Tree LLC 30,572,960 3 038% Intermountain Rural Elec Assn 63,148,700 3 1.19%
Kaiser Foundations Hospitals 28,764,420 4 035% HCA HealthOne LLC 50,141,360 4 1.07%
Craig Realty Group Castle Rock LLC 20,641,320 5 025% Qwest Communications 21,403,600 5 0.90%
Kiewit Engineering Group 19,381,150 6 024% Kaiser Foundation Hospitals 15,159,480 6 0.46%
Plaza Drive Properties,LLC 14,058,330 7 0.17°/u Century Link(was Qwest Corporation) 42,138,340 7 036%
Echostar Real Estate Corporation IV 13,239,070 8 0.16% Plaza Drive Properties LLC 16,968,240 8 034%
Windsor At Meridian LLC 12,192,400 9 0.15% Target Corporation 15,888,290 9 032%
Visa Technology&Operations LLC 16,438,500 10 0.20% Wells ReitII South Jamaica Street LLC 11,785,520 10 0.25%
Total Principal Taxpayers $ 299,982,890 3.69°/ Total Principal Taxpayers $ 361,654,920 7.71°/
Total Taxable Assessed Value $ 8,114,395,760 Total Taxable Assessed Value $ 4,689,459,530
Source:Douglas County Treasurer
150
DOUGLASCOUNTY,COLORADO
Property Tax Levies and Collections
Last Ten Fiscal Years
Collected within the Fiscal
Year of the Levy Total Collections to Date
Taxes levied Collections
in
Fiscal forthe Percentage Subsequent Percentage
Year Fiscal Year Amount of Levy Years Amount of Levy
2013 $ 101,728,240 $ 101,468,354 99.74% $ 259,624 $ 101,727,978 100.00%
2014 104,591,374 104,523,365 9993% 67,310 104,590,675 100.00%
2015 106,022,821 105,962,960 99.94% 53,728 106,016,688 99.99%
2016 124,328,354 123,706,466 99.50% 590,420 124,296,886 99.97%
2017 123,642,670 123,611,361 99.97% 21,882 123,633,243 99.98%
2018 140,813,075 140,751,140 99.96% 26,033 140,777,173 99.97%
2019 142,891,133 142,842,448 99.97% (80,892) 142,761,556 99.91%
2020 157,035,234 156,867,763 99.89% 159,608 * 157,027,371 99.99%
2021 161,148,123 161,073,594 99.95% 48,842 161,122,436 99.98%
2022 169,399,395 169,321,979 99.95% - 169,321,979 99.95%
Source: Douglas County Treasurer
*There was an omitted property for a company that we received from the Assessor in December,2018-$ll2,182
and 2019-$114,978 that was paid in January 2020. Therefore 2019 uncollected taxes went up,which created a
negative subsequent years collections.
151
DOUGLASCOUNTY,COLORADO
Ratios of Outstanding Debt by Type,
Last Ten Fiscal Years
General Bonded Debt Other Governmental Activities Debt
Open Space Open Space
Percentage of Sales&Use Road imp. Sale&Use Justice Center
General Assessed Parks Sales& Tax Rev. Sales&Use Parks Sales& Tax Refunding
Obligation Property Use Tax Rev. Bonds Ser. Tax Rev Bonds Use Tax Rev. Refunding Bonds Ser.
Bonds Value Bonds Ser.2002 2002 Ser.2004 Bonds Ser.2004 Bond 2009 2005
2013 - 0.00% - - - - 12,464,989 -
2014 - 0.00% - - - - 10,831,765 -
2015 - 0.00% - - - - 9,153,541 -
2016 - 0.00% - - - - 7,425,317 -
2017 - 0.00% - - - - 5,647,091 -
2018 - 0.00% - - - - 3,813,869 -
2019 - 0.00% - - - - 1,905,000 -
2020 - 0.00% - - - - - -
2021 - 0.00% - - - - - -
2022 - 0.00% - - - - - -
Other Governmental Activities Debt
Road Imp
Sales&Use Percentage of Total
Tax Rev Open Space Total Primary Assessed Outstanding
Bonds Ser. Refunding Capital Government Percentage of Property Debt Per
2010 Bonds 2012 Lease Liability Leases (1) Personal Income Value Capita
2013 8,784,060 11,475,000 - - 32,724,049 0.18% 0.70% 10819
2014 7,395,050 10,730,000 - - 28,956,815 015% 0.61% 94.02
2015 5,986,040 9,965,000 - - 25,104,581 0.12% 0.45% 76.53
2016 4,547,030 9,180,000 - 1,470,300 22,622,647 0.10% 0.40% 6733
2017 3,073,020 8,375,000 - 1,102,725 18,197,836 0.07% 0.29% 52.59
2018 1,559,010 7,555,000 - 735,150 13,663,029 0.05% 0.21% 38.16
2019 - 6,715,000 - 367,575 8,987,575 0.03% 012% 24.29
2020 - 5,855,000 - - 5,855,000 0.02% 0.08% 15.45
2021 - 2,965,000 - - 2,965,000 0.01% 0.04% 7.94
2022 - - 7,180,051 - 7,180,051 0.02% 0.90% 19.44
Source:Douglas County Annual Comprehensive Financial Report
(1)-Presented net of original issue premium/(discount)
152
DOUGLASCOUNTY,COLORADO
Legal Debt Margin Information,
Last Ten Fiscal Years
2013 2014 2015 2016 2017
Debt limit $ 85,477,082 $ 87,634,226 $ 100,312,246 $ 102,259,756 $ 112,674,618
Total net general obligation debt - - - - -
L,egal debt margin $ 85,477,082 $ 87,634,226 $ 100,312,246 $ 102,259,756 $ 112,674,618
Total net debt applicable to the limit as a
percentage of debt limit 0.00% 0.00% 0.00% 0.00% 0.00%
2018 2019 2020 2021 2022
Debt limit $ 115,044,289 $ 127,780,810 $ 131,104,316 $ 141,891,608 $ 142,771,147
Total net general obligation debt - - - - -
Legal debt margin $ ll5,044,289 $ 127,780,810 $ 131,104,316 $ 141,891,608 $ 142,771,147
Total net debt applicable to the limit as a
percentage of debt limit 0.00% 0.00% 0.00% 0.00% 0.00%
Legal Debt Margin Calculation
Assessed Value 8,172,143,380
Exempt Property Assessed Value 1,345,933,070
Total Assessed Value $ 9,518,076,450
Debt Limit
1-1/2%ofTotal Assessed Value 142,771,147
Computation of Legal Debt Margin
Less:Amount of Current Debt
Applicable to Debt Limit -
General Obligation Bonded Debt -
Legal Debt Margin $ 142,771,147
Source: Douglas County Assessor
153
DOUGLASCOUNTY,COLORADO
Revenue Bond Coverage,
Last Ten Fiscal Years
INTEREST
FISCAL SALES& ON TOTAL DEBT SERVICE REQUIREMENTS
YEAR USE TAX RESERVES REVENUE PRINCIPAL INTEREST TOTAL COVERAGE
2013 $ 7,544,992 [1] $ 126,359 $ 7,671,351 $ 2,195,000 [3] $ 688,413 [3] $ 2,883,413 2.66
13,148,416 [2] 349,017 13,497,433 1,315,000 [4] 292,963 [4] 1,607,963 839
2014 8,043,522 [1][5] 151,072 8,194,594 2,325,000 [3] 649,272 [3] 2,974,272 2.76
14,427,936 [2] 383,969 14,811,905 1,335,000 [4] 266,662 [4] 1,601,662 9.25
2015 8,608,371 [1] 187,060 8,795,431 2,390,000 [3] 589,730 [3] 2,979,730 2.95
15,357,056 [2] 429,190 15,786,246 1,355,000 [4] 236,625 [4] 1,591,625 9.92
2016 8,827,629 [1] 199,477 9,027,106 2,460,000 [3] 524,456 [3] 2,984,456 3.02
15,686,093 [2] 416,188 16,102,281 1,385,000 [4] 202,750 [4] 1,587,750 10.14
2017 9,469,266 [1] 277,930 9,747,196 2,530,000 [3] 457,250 [3] 2,987,250 3.26
17,225,547 [2] 535,133 17,760,680 1,420,000 [4] 161,200 [4] 1,581,200 11.23
2018 9,880,966 [1] 226,390 10,107,356 2,600,000 [3] 383,800 [3] 2,983,800 339
17,965,773 [2] 861,388 18,827,161 1,460,000 [4] 118,600 [4] 1,578,600 11.93
2019 10,840,830 [1] 0 10,840,830 2,680,000 [3] 303,788 [3] 2,983,788 3.63
20,558,462 [2] 0 20,558,462 1,505,000 [4] 60,200 [4] 1,565,200 1313
2020 11,545,083 [1] 0 11,545,083 2,765,000 [3] 221,244 [3] 2,986,244 3.87
2021 14,411,844 [1] 0 14,411,844 2,890,000 [3] 126,468 [3] 3,016,468 4.78
2022 - [1] 0 - 2,965,000 [3] 63,693 [3] 3,028,693 -
[1]Open Space lands portion of 0.17%open space,parks and trails sales and use tax imposed by the voter effective January 1, 1995
The pledged revenue is deposited in the Open Space,Trails and Parks Sales and Use Tax Fund.
[2] Road Sales and Use Tax imposed by the voters in the amount of 0.40%on January 1, 1996. The pledged revenue is deposited in
the Road Sales and Use Tax Fund.
[3]Open Space Sales and Use Tax Revenue Refunding Bonds,Series 2009.Series 2012
[4]Road Tmprovement Sales and Use Tax Revenue Bonds,Series 2010
[5]Incorrect amount reflected in 2014.Balance adjusted in 2015.
Source:Douglas County Annual Comprehensive Financial Reports
154
DOUGLASCOUNTY,COLORADO
Demographic and Economic Statistics,
Last Ten Fiscal Years
Public School
Personal Total Average School Enrollment Unemploy-
Estimated Income Per Personal Income Median Household Enroll- %of inent
Population (In Thousands)
Year [l� Capita[2� [2� Age[4� Size[4� ment[3� Population Rate%�5�
2013 302,464 61,369 18,561,913 37.5 2.80 64,600 21.4% 5.6%
2014 308,000 64,613 19,900,804 36.9 2.82 67,000 21.8% 4.5%
2015 328,990 65,999 21,713,011 37.2 2.84 66,702 203% 2.6%
2016 336,000 67,139 22,558,704 37.6 2.76 66,896 19.9% 2 8%
2017 346,000 71,208 24,637,968 38.9 2.75 67,470 19.5% 2.6%
2018 358,000 75,255 26,941,290 381 2.81 67,597 18.9% 3.4%
2019 370,000 78,455 29,028,350 381 2.79 67,591 18.3% 2.8%
2020 379,000 78,980 29,933,420 38.5 2.52 67,305 17.8% 63%
2021 373,275 [6] 79,770 29,776,147 39.3 2.75 62,979 16.9% 5.2%
2022 378,000 90,341 32,412,414 393 2.70 63,876 16.9% 23%
[1] Douglas County Department of Community Development
[2] Bureau of Economic Analysis,Washington D.C.
[3] Douglas County School District
[4] US Census Bureau
[5] Douglas County Budget Book
[6]Community Development found an error in caluclating estimates for 2020,adjusted 2021 estimate.
Figures included in this schedule represents the most recent data available.
Data is estimated and is subject to change based on updated information.
**2020 Per Capita Income was adjusted(in 2021)to actual data provided by Bureau of Economic Analysis.
**2021 Personal Income Per Capita and Total Personal income estimated using the.O 1 change for personal income from'20 to'21
that the Bureau of Economic Analysis office has estimated for the State of Colorado.
1SS
DOUGLASCOUNTY,COLORADO
Principal Employers,
Current Year and Ten Years Ago
2022 2013
%of %of
Total County Total County
Employer Employees Rank Employment Employer Employees Rank Employment
Douglas County School District 8,500 1 4.41% Douglas County School District 5,863 1 4.87%
Charles Schwab 3,450 2 1.79% CH2M Hill 1,980 2 1.65%
DISH Network 2,500 3 130% Echostar Communications 1,960 3 1.63%
Centura Health 1,970 4 1.02% Healthone:Sky Ridge Medical 1,170 4 0.97%
Healthone:Sky Ridge Medical 1,470 5 0.76% Western Union 1,140 5 0.95%
Douglas Counry Government 1,453 6 0.75% Douglas County Government 1,061 6 0.88%
Kiewit Companies 1,400 7 0.73% Centura:Parker Advenpst Hospital 980 7 0.81%
VISA DebitProcessing Services 1,180 8 0.61% The Trizetto Group 900 8 0.75%
Lockheed Martin Corporation 1,010 9 0.52% Information HandGng Services 810 9 0.67%
Specialized Loan Servicing LLC 820 10 0.43% AVAYA 650 10 0.54%
Total for Principal Employers 23,753 123% Total for Principal Employers 16,514 13.7%
Total Employment in Douglas County 192,563 Total Employment in Douglas County 120,280
Total Labor Force in Douglas Counry 200,745
Source:WWW.METRODENVER.ORG;Douglas County School District
www.colmigateway.com, https://www.douglas.co.us/about-us/business-data/
156
DOUGLASCOUNTY,COLORADO
Budgeted Full-time Equivalent County Employees by Function/Program,
Last Ten Fiscal Years
Function/Program 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
General government
Board of County Commissioners 30.00 30.00 29.75 33.50 33.25 3535 3635 39.25 36.25 39.25
Clerk and Recorder 58.85 67.50 71.50 80.50 73.50 78.50 94.50 98J5 107.75 103.75
Treasurer/Public Trustee* 11.00 11.00 ll.75 10.00 10.00 10.00 10.00 13.00 11.00 11.75
Assessor 43.00 43.00 46.00 46.00 45.00 45.00 47.00 47.00 47.00 47.00
Finance 17.50 17.50 17.50 17.50 16.50 10.00 10.00 11.75 12.00 12.00
Budget - - - - - 7.00 7.50 4.00 4.00 4.00
Human Resources 7.00 7.25 7.50 10.00 10.00 9.75 10.00 10.00 10.00 11.50
Information Technology 57.50 57.50 62.50 63.50 63.50 64.50 67.50 73.00 73.00 74.00
Faciliries/Fleet/Emergency Svcs 73.25 74.25 79.25 82.50 78.75 79.75 80.75 77.00 77.00 79.00
Pubilc Health Administration - - - - - - - - 2.00 41.00
Mental Health Intiative - - - - - - - - 2.00 3.00
Judicial
Community Jusrice Services 15.00 16.00 17.00 18.00 17.25 16.50 16.25 17.25 18.50 16.50
Public Safety
Sheriff 463.00 463.00 469.75 490.50 497.25 510.75 515.50 531.50 541.50 568.00
Rocky Mtn.HIDTA - - - - - - - - 12.00 12.00
Coroner 8.00 8.00 8.00 8.00 9.00 9.00 10.00 9.00 9.00 9.00
Safety and Mental Health
School Resource Officers - - - - - - ll.00 30.00 30.00 30.00
Community Planning&Sustainable Development
Planning Administration 3.00 3.00 3.00 3.00 2.00 3.00 3.00 3.00 3.00 3.00
Planning&Zoning Services 27.21 27.21 28.21 30.21 34.00 33.00 34.00 34.00 34.00 35.00
Community Services-Grants - 1.75 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00
Homeless Initiative - - - - - - - - - 3.00
Parks Administration and Maintenance 17.00 18.00 18.00 18.00 22.00 22.00 22.00 18.00 18.00 19.00
Curator - - - - - - - L00 1.00 1.00
Economic Developmentand Assistance 1.00 1.00 2.00 1.00 1.00 1.00 1.00 - - -
Community Development Block Grant 1.79 1.79 1.79 1.79 - - - - - -
Public Works-Engineering
Building Development Services 29.75 34.25 32.25 32.75 34.75 34.50 34.75 35.00 35.00 36.75
Engineering 52.00 53.00 54.75 55.75 54.75 55.00 45.00 43.00 42.00 42.00
Traffic Services 16.00 19.00 L8.00 18.00 18.00 18.00 29.00 30.00 31.00 32.00
Public Works
Weed Control 3.00 3.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00
Maintenance of Condition 64.00 69.00 67.00 64.00 69.00 G9.00 70.00 70.00 70.00 73.00
Roads and Bridge Administration 4.50 4.50 5.75 6.00 6.00 6.00 6.00 6.00 6.00 6.00
Sanitation Operaring 0.20 0.20 0.20 0.20 0.20 030 030 030 030 030
Health and Human Services
Administration Block Grant 22.50 27.25 28.65 25.65 26.65 30.00 42.00 48.42 47.92 50.50
Other Health Services 33.00 36.00 42.75 47.75 53.25 54.00 60.25 67.28 71.13 69.00
Senior Services - - 1.60 1.60 2.60 2.00 2.00 2.55 2.55 4.00
Open Space and Natural Resources
Natural Resources 2.20 2.20 2.20 1.70 1.70 1.70 1.70 1.70 1.70 1.70
Administration 2.80 2.80 2.80 2.80 3.20 3.20 3.20 3.20 3.95 4.95
Land Maintenance - - - - 130 130 130 130 2.10 2.10
Major Maintenance 1.00 1.00 2.00 1.50 2.00 2.00 2.00 3.00 1.80 1.80
Patrol 3.00 3.00 3.00 3.00 0.80 0.80 0.80 0.80 0.45 0.45
Surveyor - - - - - - - - - 0.10
Total County Employccs 1,068.05 1,102.95 1,140.45 1,180.70 1,193.20 1,218.90 1,280.65 1,336.05 1,370.90 1,453.40
Public Trustee 7.00 7.00 5.00 5.00 4.00 4.00 4.00 - - -
TOTAL 1,075.05 1,109.95 1,145.45 1,185.70 1,197.20 1,222.90 1,284.65 1,336.05 1,370.90 1,453.40
Source: Douglas County Budget Department
'Public Trustee office combined with Treasurer in 2020
157
DOUGLASCOUNTY,COLORADO
Operating Indicators by Function/Program,
Last Ten Fiscal Years
Functiou/Program 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
General governmeut
Board of County Commissioners
Number of Public meetings held 63 52 52 51 53 56 55 58 52 49
Number of Town(Communiry)meetings held 0 0 0 0 0 0 0 0 7 5
NumberofResolutionspassed 154 139 160 147 119 144 l55 L28 I50 13R
Total claims processed by Risk Management 151 161 254 171 176 232 Not Avail Not Avail 290 320
Television stations operated 1 3 2 2 1 0 0 I I I
Extemal web sites managed 7 7 7 7 7 7 7 7 6 5
Internal web sites managed 2 I I I 1 I l L I I
Clerk and Recorder
Mo[or Vehicle registrations processed 2A9,U21 293,593 460,103 Not Avail 433,472 Not Avail Not Avail 374,95A 367,767 357,197
Total motor vehicle hansactions processed 429,179 44Q429 655,659 Not Avail 561,685 Not Avail Not Avail Not Avail 546,330 388,320
Documentsrecorded IOU,R72 7A,287 94,992 99,154 A9,290 79,757 9L,643 134,036 145,326 82,374
Marriage licenses issued 1,499 1,440 1,475 1,463 1,657 1,647 1,650 1,687 2,137 2,659
CivilUnions 66 l3 3 3 3 6 3 7 7 IR
Number of resolutions 154 139 160 147 119 144 155 128 150 138
New and cancelled voter registrations I R,66R 34,617 22,781 27,532 13,6A3 80,01 I 9Q857 I 14,465 SQ726 89,185
Elections supported 13 48 12 15 26 31 19 31 18 27
Couuty Assessor
Number of parcels assessed 134,208 136,994 138,712 142,000 144,409 148,969 152,546 155,962 159,396 16Q993
Community Development
Totalpermitsissued 9,610 12,942 17,555 18,019 11,739 11,135 12,461 1Q802 13,713 12,572
Inspectionscompleted 59,R42 62,851 79,305 74,577 63,929 6R,989 64,942 60,581 71,143 85,313
NumberofCDBGapplicationsreceived 18 15 24 0 Q) 0 (1) 0 (I) 0 (I) 0 Q) 0 0
Finance
Joumal entries processed N/A N/A 1,324 1,360 1,252 1,737 800 954 930 959
Purchaseordersissued N/A N/A 655 695 641 615 62l 745 65A 993
AP Payments Issued(ACH/Checks/Wires) N/A N/A 1Q402 10,517 10,752 9,979 9,456 9,945 8,809 9,760
Payrollpayments issued(ACH/checks) N/A N/A 14,929 15,762 16,161 15,672 16,828 IS,A93 L7,376 17,659
Human Resources
Applicationsprocessed 5,714 5,097 3,695 6,117 6,126 5,057 6,434 5,151 4,053 5,883
Tuition reimbursement applications 26 23 35 48 39 56 54 45 58 51
HRtrainingparticipants 1,202 1,573 415 479 509 L,864 2,181 1,225 2,615 2,303
luFormation Techuology
NumberofPC'ssupported 1,542 1,743 2,166 1,978 2,IAI 2,551 2,610 2,541 2,553 2,655
Number of support tickets cbsed 14,749 73,379 13,415 8,819 9,587 1Q000 9,578 8,484 7,842 8,988
Public safery
Sheriff
Total crimes reported 9,R06 LQ772 I L,312 12,101 13,450 14,054 13,306 13,6UA 14,691 14,377
Calls for service 121,857 117,980 120,740 137,337 146,294 142,289 145,045 115,655 103,276 1OQ257
Calls for service(citizen-initiated only) SU,027 50,300 52,887 57,620 SR,43R 57,708 59,416 54,920 56,717 55,738
VehicleAccidents 1,718 1,902 2,050 2,149 2,092 1,978 2,009 1,349 1,625 1,827
Total Civil Process Served 2,709 2,389 2,313 2,512 2,195 2,061 2,140 1,2RA 1,545 L,764
Jail average daily population(ADP) 237 239 284 270 337 327 319 267 322 413
NumberofBookings 4,774 4,933 5,715 7,106 7,665 7,364 7,689 4,571 5,336 6,055
Coroner
Number of cases investigated 956 l 173 132U 1398 1366 1442 1629 2066 2303 2359
Autopsies performed 135 112 156 164 150 169 171 206 240 235
Health,welfare and sauitatiou
Human Services
TEFAP clients served(households) 2,R55 2,660 2,675 2,669 2,66R 3,166 2,995 2,925 2,218 2,548
Individualsreceivingcommodities 9,870 9,138 9,321 9,079 9,204 1Q546 1Q264 9,818 7,243 8,007
Culture and recreation
Parks Administration and Maintenance
Parkreservations 3,9A2 4,2A2 4,445 4,393 5,354 5,600 6,140 5,945 4,790 4,22L
Fairgrounds
Numberofeventbookings 2,017 2,170 2,144 1,955 1,949 L,698 L,292 293 (2) 872 L,512
Economic Development and Assistance
Number of groaps se�vin�as liaison to I S l5 I S LS I S I S I S 16 l6 17
Source:Various CounTy Agencies.
Note:
(I) Douglas County BOCC voted to decline the CDBG grant funds 20 L6-2020.
(2)Due to COVID restrictions there were significantly less reservations in 2020.
I5g
DOUGLASCOUNTY,COLORADO
Capital Asset Statistics by Function/Program,
Last Ten Fiscal Years
Function/Program 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
General government
Facilities Maintenance
Facility square footage 1,278,168 1,317,018 1,332,368 1,332,368 1,408,961 1,435,456 L,436,676 1,442,510 1,445,319 1,446,664
Numberoffacilities 29 29 29 29 31 33 34 35 35 36
Highways and Streets
Public Works Administration
Center Gne miles maintained(primary) 353 354 352 349 N/A 348 348 345 345 347
Center Gne miles maintained(secondary) 757 758 758 778 N/A 799 799 832 847 860
Lane miles maintained(primary) 845 846 844 834 N/A 831 1,199 1,189 1,182 1,188
Lane miles maintained(secondary) 1,533 1,542 1,536 1,575 N/A 1,617 2,308 2,407 2,459 2,505
Fleet Management
Numbersofvehicles/equipment 778 817 983 1,047 1,102 1,084 1,126 1,213 1,203 1,241
Culture and recreation
Parks Administration and Maintenance
Localparks(acres) 113 113 ll3 113 113 113 113 113 113 113
Regional parks(acres) 1,120 1,120 1,120 1,120 1,120 1,120 1,120 1,120 1,120 1,120
SoftbalVbaseball fields 11 I 1 l l 11 I 1 11 11 I 1 11 I 1
Multi-pu�pose fields(soccer/football) 20 20 20 22 24 2A 24 24 24 24
Volleyball courts 3 3 3 3 3 3 3 3 3 3
Basketball courts 3 3 3 3 3 3 3 3 3 3
Playgrounds 12 12 L2 12 12 12 12 12 12 12
8'Concrete trail(miles) 20 20 20 20 20 20 20 20 21 21
8'Crusher fine trail(miles) 42 43 43 43 43 43 43 43 49 49
Open Space
Open space preserved(acres) 48,832 49,272 49,272 49,478 63,037 63,037 63,037 64,544 64,544 65,530
Miles of soft-surface trails maintained/patrolled 77 77 77 77 77 90 90 101 101 101
Parcels owned/maintained/patrolled in subdivisions 450 450 450 450 450 450 450 450 450 450
Trailheads maintained/patrolled 10 10 LO 10 10 10 10 I 1 11 I 1
TraiLUsage-Visitors 286,402 254,813 222,201 436,140 568,572 569,352 543,297 706,591 660,723 521,559
Source:Douglas County Govemment
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