Garfield County commissioners approve 2016 budget
GARFIELD COUNTY, CO – The Garfield County Board of County Commissioners (BOCC) adopted the 2016 budget on Monday, November 16, 2015. In total, $107,032,829 was appropriated for expenditure in 2016. Revenues for 2016 are projected to be approximately $105 million, similar levels to those of 2015. While property tax revenues are projected to increase by seven percent in 2016, this is offset by a decrease in intergovernmental grants related to capital expenditures. Operating revenues exceed operating expenditures by approximately $9.6 million. Excess operating revenues will be used to fund capital projects and provide discretionary funding in 2016. There will be