Garfield County approves slimmed-down 2021 budget
Garfield County approves slimmed-down 2021 budget Fund balance projected at $81.8 million by the end of next year GARFIELD COUNTY, CO – Garfield County has approved a fiscally conservative $101.7 million budget for 2021, including a balanced operating budget ($87 million), $7.5 million for capital projects, and $7.2 million for discretionary expenditures. The Board of County Commissioners directed staff to cut expenses in 2021, contributing to a $5.6 million reduction in expenditures over the 2020 adopted budget. Estimated operating revenues outpace expenditures by $203,000, and the proposed capital and discretionary items are drawing down fund balances by $10.3 million, resulting
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County approves $102 million budget for 2019
PRESS RELEASE Nov. 20, 2018 Budget includes an increase of $1 million in revenues over 2018 GARFIELD COUNTY, CO – The Garfield County Board of County Commissioners has approved a fiscally conservative $102 million proposed budget for 2019 that includes a decrease in expenditures of $3 million from 2018. The budget features an increase in revenues of $1 million over 2018, mostly due to an increase in property tax collections. The 2019 budget’s expenditures come to just under $102 million, with $89.6 million in projected revenues. Proposed capital projects and discretionary items – primarily grants to local nonprofits – require
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Garfield County Finance Department earns budgeting award
GARFIELD COUNTY, Colo. – The Garfield County Finance Department has again been honored for its excellence in governmental budgeting for its 2017 adopted budget. The Government Finance Officers Association (GFOA) bestowed the Distinguished Budget Presentation to the department for the eighth straight year. The GFOA rates governmental budgets on the ability to serve as a policy document, financial plan, operations guide, and communications device. Garfield County met those and 14 subsequent criteria, in receiving the award. The award “reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting,” the GFOA noted. Todd Buikema,
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