Cash reserved for capital projects (impact fees) $ 200,000

August 2014 Financial Report Comments Balance Sheet General - Comparative balance sheet is shown for August 31, 2014; July 31, 2014 ; and August 31, 2013 Analysis of Cash Position 8/31/2014 8/31/2013 Cash 9,050,795 4,569,661 Current liabilities (756,489) (818,531) Actual quick assets $ 8,294,306 $ 3,751,130 Cash reserved for capital projects (impact fees) $ 200,000 Cash Available for Operating and Capital Expenditures $ 8,094,306 Fund Balance $ 9,474,112 Return on Cash COLOTRUST - Annual YTD yield 0.12% Balances Revenues Ambulance - Revenues through August are $176,600 above budget and $162,700 more than 2013. - Average Daily Revenue through August is $6,773, as compared to 2013 YE average of $6,108. Accounts Receivable Ambulance - Unbilled receivables equal 15 days of revenues, up 1 day from July. - Billed receivables equal 74 days of revenues, up 6 days from July. - Ambulance billing write-off % through August is 44%, as compared to 46% for 2013. Expenditures General Salary costs - At the end of August we are at 66% of payroll budget, 65% of 2014 pay periods have been expended. Equipment - The value of contributed equipment is reflected at depreciated value on 12/31/2013. Excess of Revenues Over Expenditures - At the end of August revenues exceed expenditures by $ 1,155,679 Notes - Contractuals and write offs are estimated at 45%. - New Directions collection fees are at 7% of amount collected. Page 1 of 8

Balance Sheet At August 31, 2014 31-Aug-14 31-Jul-14 31-Aug-13 ASSETS Current Assets Checking/Savings Cash Petty Cash 250 250 800 Cash - Checking 3,287,183 3,525,203 762,017 Flexible Benefits 1,572 13 (991) GA Health and Benefit 88,880 100,027 174,316 Certificates of Deposit 883,238 883,084 255,896 ColoTrust 4,789,672 4,389,243 3,377,623 Total Cash 9,050,795 8,897,820 4,569,661 Other Current Assets Unbilled Ambulance Revenues 102,451 92,650 44,931 A/R - Ambulance 499,631 441,678 435,608 Due from Contracting Parties 41,779 140,893 - Cash with County Treasurer 48,708 80,248 - Other 626,650 819,578 633,236 Allowances (205,540) (180,856) (263,001) Prepaids 66,127 89,280 105,521 Total Other Current Assets 1,179,806 1,483,471 956,295 Total Current Assets 10,230,601 10,381,291 5,525,956 Equipment 10,580,484 10,580,484 6,920,250 TOTAL ASSETS 20,811,084 20,961,775 12,446,206 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 958 56,712 48,340 Prepaid from Contracting Parties - - 20,620 Other Current Liabilities 755,531 756,406 749,571 Total Current Liabilities 756,489 813,118 818,531 Long-Term Liabilities Capital Lease Payable - - - Total Liabilities 756,489 813,118 818,531 Equity Invested in Capital Assets 10,580,484 10,580,484 6,920,250 Restricted for Capital Projects 200,000 200,000 200,000 Unreserved Undesignated Fund Balance 8,118,432 9,044,710 4,430,729 Excess of Revenues over Expenditures, Net 1,155,679 323,463 76,696 Total Equity 20,054,595 20,148,657 11,627,675 TOTAL LIABILITIES & EQUITY 20,811,084 20,961,775 12,446,206 Page 2 of 8

Statement of Revenues Budget and Actual Original Amended Actual Actual Favorable Budget 2013 2013 Local Government Funding Operations City of Durango 2,680,153 2,680,153 223,346 1,786,769 (893,384) 67% 237,314 1,898,513 Animas Fire Protection District - - - - - 0% 249,464 1,995,711 Hermosa Cliff Fire Protection District - - - - - 0% 51,620 412,956 DFPD Property Taxes 3,077,757 3,077,757 23,398 3,012,502 (65,255) 98% - - DFPD SO Taxes 640,000 640,000 48,398 357,366 (282,634) 56% - - DFPD Tribal Payment 100,000 137,544-137,544 (0) 100% DFPD Other Property Taxes - 33,106-33,106-0% - - Total Local Government Operations Funding 6,497,910 6,568,560 295,143 5,327,286 (1,241,274) 81% 538,397 4,307,179 Volunteer Pension Funding Animas Fire Protection District - - - - - 0% - - Hermosa Cliff Fire Protection District - - - - - 0% - 20,300 State Match 38,552 38,552 - - (38,552) 0% - - Total Volunteer Pension Funding 38,552 38,552 - - (38,552) 0% - 20,300 Long Term Capital Replacement Funding Current Year Obligation City of Durango 272,052 272,052 22,671 181,368 45,342 67% - - Animas Fire Protection District - - - - - 0% - - Hermosa Cliff Fire Protection District - - - - - 0% - - Total Capital Funding 272,052 272,052 22,671 181,368 (90,684) 67% - - Other Revenues Ambulance Income 2,204,000 2,204,000 260,201 1,645,893 (558,107) 75% 197,552 1,483,232 Prevention Fees 55,000 55,000 4,998 28,681 (26,319) 52% 1,469 35,772 Special Events Fees 2,500 2,500 1,946 3,633 1,133 145% - - Wildland Fires 175,000 175,000 157,230 202,183 27,183 116% 212,056 419,043 Grants 410,406 514,620 32,000 259,425 (255,195) 50% 27,741 252,892 Interest 12,000 12,000 583 4,570 (7,430) 38% 486 4,653 Miscellaneous Income 87,930 87,930 28,136 95,527 7,597 109% 23,093 114,313 Williams Field Contract 46,000 46,000-46,000-100% - 43,686 Total Other Revenues 2,992,836 3,097,050 485,094 2,285,912 (811,138) 74% 462,397 2,353,591 Total Revenues 9,801,350 9,976,214 802,908 7,794,566 (2,181,648) 78% 1,000,794 6,681,071 Page 3 of 8

Expenditures Budget and Actual Original Amended Actual Actual Favorable 2013 2013 Administration Office of the Chief Salary 379,102 379,102 30,188 256,119 122,983 68% 28,388 241,796 Benefits 122,345 122,345 10,888 88,307 34,038 72% 9,726 79,787 Purchased professional services 182,300 275,300 5,790 234,512 40,788 85% 28,256 110,400 Purchased property services 198,812 198,812 22,046 137,033 61,779 69% 16,863 124,629 Other purchased services 14,300 14,300 719 16,660 (2,360) 117% 609 9,441 Supplies 12,000 12,000 378 10,348 1,652 86% 1,894 8,862 Capital outlay 20,000 20,000-29,187 (9,187) 146% 800 5,680 Other/Pension 171,352 171,352 - - 171,352 0% - 20,300 Totals 1,100,211 1,193,211 70,010 772,166 421,045 65% 86,537 600,895 Operations Salary 93,151 93,151 7,165 60,906 32,245 65% 6,957 59,132 Benefits 28,198 28,198 2,170 17,884 10,314 63% 2,262 18,480 Purchased professional services - - - - - - - Purchased property services - - - - - - - Other purchased services - - - - - - - Supplies - - - - - - - Capital outlay - - - - - - - Totals 121,349 121,349 9,335 78,790 42,559 65% 9,219 77,612 Total Administration 1,221,560 1,314,560 79,345 850,956 463,604 65% 95,755 678,508 Page 4 of 8

Expenditures Budget and Actual Original Amended Actual Actual Favorable 2013 2013 Fire Fighting Salary 2,410,814 2,410,814 149,660 1,316,186 1,094,628 55% 155,048 1,396,587 Salary - Single resource 118,450 118,450 144,502 250,870 (132,420) 212% 143,375 395,200 Benefits 804,166 804,166 82,056 532,476 271,690 66% 84,490 576,771 Purchased professional services 15,000 15,000-6,519 8,481 43% 450 7,200 Purchased property services 10,600 10,600 370 9,495 1,105 90% 1,384 6,432 Other purchased services 550 550-312 238 57% 18,835 51,819 Single resource purchased services 12,700 12,700 15,525 22,923 (10,223) 180% 1,583 8,928 Supplies 119,000 119,000 5,426 96,978 22,022 81% 8,839 66,101 Capital outlay 132,000 132,000-68,702 63,298 52% 3,417 112,864 Totals 3,623,280 3,623,280 397,538 2,304,461 1,318,819 64% 417,421 2,621,901 Fire Prevention Salary 271,502 271,502 20,747 177,000 94,502 65% 19,511 166,289 Benefits 96,145 96,145 7,984 65,094 31,051 68% 7,847 65,276 Purchased professional services - - - - - - - Purchased property services - - - - - - - Other purchased services 2,000 2,000-1,456 545 73% - 1,576 Supplies 11,200 11,200-5,429 5,771 48% 283 6,593 Capital outlay 3,000 3,000 - - 3,000 0% - - Totals 383,847 383,847 28,731 248,978 134,869 65% 27,642 239,733 Fire Training Salary 268,250 268,250 14,298 167,489 100,761 62% 19,779 162,815 Benefits 96,144 96,144 7,239 64,818 31,326 67% 7,813 62,889 Purchased professional services 65,000 65,000 995 17,514 47,486 27% 13,895 69,269 Purchased property services 1,000 1,000-413 587 41% 275 275 Other purchased services 31,500 31,500 885 7,727 23,773 25% 2,781 31,612 Supplies 19,150 19,150 2,553 8,585 10,565 45% 2,544 15,246 Capital outlay - - - - - - - Totals 481,044 481,044 25,969 266,547 214,497 55% 47,087 342,106 Page 5 of 8

Expenditures Budget and Actual Original Amended Actual Actual Favorable 2013 2013 Fire Communications Salary - - - - - - - Benefits - - - - - - - Purchased professional services 2,500 2,500-1,750 750 70% 500 2,000 Purchased property services 11,800 11,800 3,648 15,200 (3,400) 129% 608 4,986 Other purchased services 67,300 67,300-46,113 21,187 69% - 48,784 Supplies 3,000 3,000-952 2,048 32% 45 500 Capital outlay 30,000 30,000 858 13,119 16,881 44% - 18,022 Totals 114,600 114,600 4,506 77,134 37,466 67% 1,153 74,291 Fire Repair Services Salary 193,502 193,502 14,824 126,007 67,495 65% 10,254 117,175 Benefits 70,276 70,276 6,049 49,018 21,258 70% 5,086 45,891 Purchased professional services 200 200-567 (367) 284% - 11 Purchased property services 107,000 107,000 8,631 84,592 22,408 79% 12,762 71,395 Other purchased services 450 450 - - 450 0% - - Supplies 20,808 20,808 303 9,216 11,592 44% 1,337 13,628 Capital outlay - - - - - - - Totals 392,236 392,236 29,808 269,402 122,834 69% 29,439 248,100 EMS Salary 1,712,518 1,712,518 142,321 1,220,071 492,447 71% 137,153 1,164,590 Benefits 606,530 606,530 51,556 420,541 185,989 69% 47,854 394,697 Purchased professional services 169,800 169,800 9,942 106,150 63,651 63% 12,278 101,630 Purchased property services 9,200 9,200 1,258 5,402 3,798 59% 1,067 5,781 Other purchased services 2,000 2,000-1,577 423 79% 19 1,304 Supplies 119,665 119,665 3,678 68,909 50,756 58% 7,639 73,129 Capital outlay 30,000 238,428-1,604 236,824 1% - 5,329 Bad debts 991,800 991,800 112,703 701,050 290,750 71% 92,066 670,181 Totals 3,641,513 3,849,941 321,458 2,525,304 1,324,637 66% 298,075 2,416,640 Page 6 of 8

Expenditures Budget and Actual Original Amended Actual Actual Favorable 2013 2013 Fire Stations and Buildings Salary - - - - - - - Benefits - - - - - - - Purchased professional services - - - - - - - Purchased property services 139,700 139,700 8,539 84,618 55,082 61% - - Other purchased services - - - - - 7,385 80,153 Supplies 10,900 10,900 1,075 7,623 3,277 70% 141 6,756 Capital outlay 20,000 20,000-3,863 16,137 19% - 4,350 Totals 170,600 170,600 9,614 96,104 74,496 56% 7,527 91,259 Contingency 50,000 50,000 - - 50,000 - - Total Expenditures 10,078,680 10,380,108 896,970 6,638,887 3,741,221 64% 924,099 6,712,537 Excess (Deficit) of Revenues Over Expenditures (277,330) (403,894) (94,062) 1,155,679 1,559,573 76,696 (31,466) Purchased Prof Service: Legal, audit, emp wellness program, emp. assistance program, training costs, class fees, outside repairs, EMS billing, Purchased Prop Service: Utilities, phones, cell phones, insurance, software licenses, rental, repairs and maintenance, Other Purch Service: Dues and memberships, postage, freight, advertising, printing, copying, travel and training per diem, dispatch fees, Supplies: Uniforms, office supplies, fuel, general and safety supplies, publications, small tools, cleaning, kitchen and garage supplies Page 7 of 8

Durango Fire and Rescue Authority Expenditures - Totals by Object Orginial Amended Actual Actual Favorable 2013 2013 All Activities and All Functions Salary 5,447,289 5,447,289 523,706 3,574,649 1,872,640 66% 520,465 3,703,583 Benefits 1,823,804 1,823,804 167,941 1,238,139 585,665 68% 165,078 1,243,790 Purchased professional services 434,800 527,800 16,727 367,012 160,788 70% 55,379 290,510 Purchased property services 478,112 478,112 44,492 336,755 141,357 70% 32,959 213,497 Other purchased services 130,800 130,800 17,130 96,767 34,033 74% 31,213 233,615 Supplies 315,723 315,723 13,414 208,041 107,682 66% 22,722 190,816 Capital outlay 235,000 443,428 858 116,475 326,953 26% 4,217 146,244 Other/EMS Adjustments 1,163,152 1,163,152 112,703 701,050 462,102 60% 92,066 690,481 Totals 10,028,680 10,330,108 896,970 6,638,887 3,691,221 64% 924,099 6,712,537 Contingency 50,000 50,000 - - 50,000 0% - - Total Expenditures 10,078,680 10,380,108 896,970 6,638,887 3,741,221 64% 924,099 6,712,537 Purchased Prof Service: Legal, audit, emp wellness program, emp. assistance program, training costs, class fees, outside repairs, EMS billing, Purchased Prop Service: Utilities, phones, cell phones, insurance, software licenses, rental, repairs and maintenance, Other Purch Service: Dues and memberships, postage, freight, advertising, printing, copying, travel and training per diem, dispatch fees, Supplies: Uniforms, office supplies, fuel, general and safety supplies, publications, small tools, cleaning, kitchen and garage supplies Page 8 of 8