E 21-6 Agency fund statement of net position The City of Laramee established a tax agency fund to collect property taxes for the City of Laramee, Bloomer County, and Bloomer School District. Total tax levies of the three governmental units were $200,000 for 2016, of which $60,000 was for the City of Laramee, $40,000 for Bloomer County, and $100,000 for Bloomer School District.

The tax agency fund charges Bloomer County and Bloomer School District a 2 percent collection fee that it transfers to the general fund of the City of Laramee in order to cover costs incurred for agency fund operations.

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