Opinion ID: 2204996
Heading Depth: 4
Heading Rank: 2

Heading: The trial court considered and properly valued the KCP reserve accounts.

Text: James argues that the trial court erred by finding KCP reserve accounts totaling over $209,000 to be inconsequential and awarding them to Erlinda without crediting them to her in the court's property division spreadsheet. But James mischaracterizes the court's finding. The trial court found that the estimated balance in KCP's reserve accounts roughly equaled its liabilities. The court added $47,712 from the environmental reserve account, $80,893 from the cash in operations account, and $43,693 from the cash in reserve account, then subtracted the $120,000 allowance for a roof repair and $47,712 from the future environmental expense account. The net of these account balances totaled $4,586, which prompted the court to comment, I do not see that there was sufficient evidence to warrant their inclusion [in the property division]. The court noted that the property taxes were not addressed by the evidence introduced at trial and that the evidence regarding the cost of the roof repair was inconclusive. The trial court's decision to net KCP's approximate cash balance against its estimated outstanding liabilities was not clear error. [26]