The preliminary 2014 budget for the Town of Crawford estimates that General Fund revenues will be $129,030 next year. With a beginning balance of $309,822, it is projected that total available revenues will be $438,852.
The Town of Crawford expects to receive $75,100 in taxes. That breaks down to $7,000 in general property taxes, $1,000 in specific ownership, $25,000 in county sales taxes, $27,000 in city sales taxes, $12,000 in franchise taxes, $3,000 in penalties and interest, and $100 from delinquent taxes.
Intergovernmental revenues for 2014 are expected to total $49,700 from motor vehicle, the cigarette tax, highway users tax, severance tax, mineral leasing, road and bridge and miscellaneous. Severance tax is estimated at $10,000 and mineral leasing at $19,000 next year.
Also adding to the General Fund revenue are fees for licenses and permits, rental fees, copy machine fees, notary, faxes, cutting of weeds and interest.
General Fund expenditures for 2014 are projected to be $155,875. This includes $72,875 for personnel services, $7,750 for supplies, $28,000 for purchased services, $20,300 for utilities, $7,000 for maintenance, $4,950 for miscellaneous supplies and $15,000 for non-operating expenses.
The ending 2014 General Fund balance is estimated at $219,233. The town maintains a $9,000 emergency reserve.
The Water Fund for 2014 is estimated to have $82,000 in total revenues and $81,105 in total expenditures. With a beginning fund balance of $33,780, the Water Fund's available resources are expected to be $115,780.
The Sewer Fund revenues proposed for 2014 total $100,000 with total expenses of $98,900. With a beginning fund balance of $25,762, available Sewer Fund resources for 2014 are projected to be $125,762.
Proposed for the Conservation Trust Fund is $2,200 from the Colorado Lottery and $100 in interest for total revenues of $2,300. Park improvements are estimated at $7,000 and municipal site improvements at $12,000 to bring total expenditures to $19,000. Revenues are short $16,700 to cover expenditures, but with the beginning fund balance of $21,768, the Conservation Trust Fund will have an ending fund balance of $5,068.
The Town of Crawford is waiting to hear from the Department of Local Affairs and the State Historic Society on grants for the town hall remodel. The town should know by the end of November if it received the grants or not. Jackie Savage, town clerk, said the town did not want to put in figures yet because it may not receive the grants. The town believes that due to the severe flood damage on the Front Range, more money could possibly head in that direction rather than to Crawford. When the grants are announced, Savage will put in proposed revenue and expenditures for the Capital Improvement Fund and the Capital Projects Fund.
Copies of the preliminary budget are available at town hall.
The trustees will vote on the budget on Dec. 11, moving the meeting to the second Wednesday of the month instead of the first. There will be no work session on Dec. 18.blog comments powered by Disqus