The Capital Revolving Fund finances the purchase of vehicles and equipment for Fremont County agencies and component units. Purchases averaged $1.1 million annually for the seven years ending June 30, 2011. Agencies are charged monthly rental payments which include a finance charge based on rates for U.S. Government securities. The fund is administered by the Fremont County Treasurer.

The Capital Revolving Fund was instituted in 1994 to finance the purchase of four motorgraders. The County’s General Fund has provided capital contributions totaling $3.9 million since inception. Total assets were $6.1 million at the end of the 2011 fiscal year. The 2012 budget and five year projection anticipates no additional capital contributions and annual purchases ranging from $1.2 to $1.5 million annually for the next five years.

Following is a link to a listing of items currently authorized for purchase through the Capital Revolving Fund and their status. This report is updated periodically. Specific questions should be addressed to Jim Massman 307-332-1099 (jim.massman@fremontcountygovernment.org).

Capital Revolving Fund Report - Last updated November 30, 2011.

Listing of Current Leases - This text file contains a table of current leases. It is in csv format (comma separated values). Once downloaded you may open it with MS Excel, Access, or other spreadsheet / database software. It was last updated November 30, 2011.