0001145549-18-009628.txt : 20181214 0001145549-18-009628.hdr.sgml : 20181214 20181214152243 ACCESSION NUMBER: 0001145549-18-009628 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180930 FILED AS OF DATE: 20181214 DATE AS OF CHANGE: 20181214 EFFECTIVENESS DATE: 20181214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLORADO BONDSHARES A TAX EXEMPT FUND CENTRAL INDEX KEY: 0000810744 IRS NUMBER: 846206949 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-05009 FILM NUMBER: 181235457 BUSINESS ADDRESS: STREET 1: 1200 17TH STREET STREET 2: SUITE 1000 CITY: DENVER STATE: CO ZIP: 80202-5835 BUSINESS PHONE: 3035726990 MAIL ADDRESS: STREET 1: 1200 17TH STREET STREET 2: SUITE 1000 CITY: DENVER STATE: CO ZIP: 80202-5835 0000810744 S000012064 COLORADO BONDSHARES A TAX EXEMPT FUND N-CEN 1 primary_doc.xml X0101 N-CEN LIVE 0000810744 XXXXXXXX false false false N-1A S000012064 true Colorado BondShares A Tax Exempt Fund 811-05009 0000810744 5493004J1EX5YAL0BM32 1200 17th Street Suite 850 Denver 80202 US-CO US 3035726990 Colorado BondShares 1200 17th St Ste 850 Denver 80202 3035726990 The accounts, books, and other documents required to be maintained by section 31(a) of the Investment Company Act. Y N N N-1A 1 Y George N. Donnelly N/A Y Bruce G. Ely N/A N James R. Madden N/A N Fred R. Kelly, Jr. 000716207 1200 17th Street Suite 850 Denver 80202 XXXXXX N N N N N N N Colorado Financial Service Corporation 8-52817 000104343 N/A N N Plante & Moran, PLLC 00166 N/A Y N N N N N N Colorado BondShares A Tax Exempt Fund S000012064 549300KYLYKP76VSWS05 Y 1 0 0 N/A N N N N N/A N/A N/A N/A N N N N Freedom Funds Management Company 801-28640 000110785 N/A N Freedom Funds Management Company 84-01515 N/A Y N N ICE Data Pricing & Reference Data, LLC 5493000NQ9LYLDBCTL34 N N UMB Bank VNOO6EITDJ2YUEBMSZ83 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Systems, Inc. 21B7QCD05XOK0YTYOP98 N N N N 0.000000000000 D.A. Davidson & Co. 008-02399 000000199 549300094RQ5A7DYLF51 191326830.600000000000 Gates Capital Corporation 8-44414 000029582 254900AL9TI68KGY3M02 18409687.500000000000 George K. Baum & Company 8-47195 000036354 2549005N903KCZC52486 4249606.580000000000 213986124.680000000000 N 1196835446.310000000000 Uncommitted 43948950.550000000000 N N N N true INTERNAL CONTROL RPT 2 internalctrlrpt_cbs930.htm INTERNAL CONTROL REPORT
     

Plante & Moran, PLLC

Suite 600

8181 E. Tufts Avenue

Denver, CO 80237

Tel: 303.740.9400

Fax: 303.740.9009

plantemoran.com

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of Colorado BondShares – A Tax-Exempt Fund

In planning and performing our audit of the financial statements of Colorado BondShares – A Tax-Exempt Fund (the “Fund”) as of and for the year ended September 30, 2018, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles (“GAAP”). A fund’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures of the Fund are being made only in accordance with authorizations of management and directors of the Fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a fund’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Fund’s annual or interim financial statements will not be prevented or detected on a timely basis.

This report is intended solely for the information and use of management and the Board of Trustees of Colorado BondShares – A Tax-Exempt Fund and is not intended to be and should not be used by anyone other than these specified parties.

 

/s/ Plante & Moran, PLLC

Plante & Moran, PLLC

Denver, Colorado

November 16, 2018