Budget

Town departments are off and running with their 2022 project lists! Every year, we work within a set budget to focus on core services for residents, including police services, planning services, water, stormwater utility services, parks maintenance, transportation networks and infrastructure, building oversight, and the teams doing the work. The goal is to enhance amenities for the community while maintaining a balanced budget. Believe it or not, we hear you throughout the year! Approved capital improvement projects result from implementing the various master plans in concert with the Board, staff, and most importantly, the community. Some of the notable items in the 2022 budget include:

  • Police Department building renovations
  • Street improvements, including work on Colorado Boulevard
  • Intersection work at Colorado & Tipple and Silver Birch & Godding Hollow
  • Water security with purchase of CBT units
  • Dog park upgrades
  • Additional employees to support the Town Strategic Plan

The budget is a plan. It is a financial proposal that annually directs the provision of public services and facilities. This plan represents the Town Manager and Board’s commitment to provide for the most important citizen needs within the boundaries of available funds.

The money collected by the Town from taxes, grants, fees and many other sources to pay for this plan is called revenue. The money spent on salaries, materials and equipment to provide planned services and facilities is called expenditures. Fund Balance is the difference between assets and liabilities in governmental funds.  In the State of Colorado, budgeted expenditures cannot exceed the amount of funds that the Town has available in revenues and fund balance per CRS § 29-1-103.

The Board of Trustees will hold public hearings for the proposed fiscal year 2022 budget on Tuesday, November 9, and Tuesday, December 14, 2021, at 7 pm in the Board Chambers at Town Hall (401 Locust St.). The purpose of these meetings is to be transparent and receive community input. Residents are encouraged to attend and express their views!

Hard copies are available to view at  Administrative Services (311 Fifth St.) and at Town Hall (401 Locust St.), Monday through Friday from 8 am to 5 pm.

2022 Approved Budget


Historical

2021 Budget
2020 Budget
2019 Budget
2018 Budget
2017 Budget
2016 Budget
2015 Budget