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Exhibit 5
<br />City of Louisville, Colorado
<br />Proprietary Funds
<br />Statement of Net Position
<br />December 31, 2014
<br />Enterprise Funds
<br />Internal
<br />Water & Golf Solid Waste Service
<br />Wastewater Course & Recycling Total Funds
<br />Assets:
<br />Current assets:
<br />Pooled Cash and Investments $ 22,010,713 $ 142,488 $ 22,153,201 $ 917,399
<br />Receivables:
<br />Interest 65,195 405 65,600 652
<br />Accounts (net of allowance
<br />for doubtful accounts) 458,033 238,665 696,698 12,236
<br />Grants 12,619 556,943 569,562
<br />Total current assets 22,546,560 699,836 238,665 23,485,061 930,287
<br />Noncurrent assets:
<br />Cash restricted for debt service 144,407 144,407
<br />Advances To Other Funds 1,357,495 1,357,495
<br />Capital assets:
<br />Property, plant and equipment:
<br />Land / land improvements 1,262,961 2,336,019 3,598,980
<br />Water rights 31,340,150 31,340,150
<br />Construction -in -progress 3,746,020 5,405,456 9,151,476
<br />Buildings 252,573 966,014 1,218,587 374,536
<br />Improvements other than buildings 1,824,005 1,309,369 3,133,374
<br />Treatment / pumping plants 21,533,016 21,533,016
<br />Reservoirs / storage facilities 6,072,151 6,072,151
<br />Collection system 37,097,746 37,097,746
<br />Machinery and equipment 3,000,824 52,642 3,053,466 2,734,938
<br />Office furniture and fixtures 102,125 102,125 145,141
<br />Less: Accumulated depreciation (30,838,528) (1,590,715) (32,429,243) (1,607,832)
<br />Total capital assets (net of accumulated
<br />depreciation) 75,393,043 8,478,785 83,871,828 1,646,783
<br />Total noncurrent assets 76,894,945 8,478,785 85,373,730 1,646,783
<br />Total assets $ 99,441,505 $ 9,178,621 $ 238,665 $ 108,858,791 $ 2,577,070
<br />Deferred Outflows of Resources:
<br />Loss on refunding 8,414 8,414
<br />Total deferred outflows of resources $ 8,414 $ $ $ 8,414 $
<br />The notes to the financial statements are an integral part of this statement.
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