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Town Encourages Public Participation In Budget Process

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The Estes Park Town Board will review a newly revised proposed 2014 Town budget during study sessions and public hearings in October, November and December. Study sessions are scheduled for Fridays Oct. 25 and Nov. 1, and will take place 8 a.m. until 12 p.m. in the Town Board Room of Town Hall, 170 MacGregor Avenue. Budget public hearings take place during the Nov. 26 and Dec. 10 Town Board meetings. The public is encouraged to attend and comment at these public hearings, which take place at 7 p.m. in the Town Board Room.

Both the original draft budget and budget schedule have been modified since the September flooding. Town staff are preparing a new, conservative draft budget removing some special projects originally planned for 2014. This will allow more flexibility to respond to flood-related recovery needs, while accounting for an expected reduction in sales tax revenues.The Town budget will be reevaluated constantly as the Town monitors the local economic conditions during flood recovery.

The budget process requires Town staff and its elected Town Board to make difficult decisions to balance the Town’s limited revenues with the cost of providing its core services, as well as to consider the ever-growing demand for expanded public services. Although fewer than 6,000 residents live within Town limits, millions of guests also rely on the Town’s services. The Town keeps property taxes low for its residents — just 2.5 cents per dollar of property taxes paid. Instead, sales taxes drive the Town’s general fund revenue so that visitors can share the tax burden and support services like streets maintenance, parks, police services and many more.

Town of Estes Park financial information, including budgets and the Comprehensive Annual Financial Report, are available at www.estes.org/finance. For more information, please call the Finance Department at 970-577-3560. To receive Town news in your email inbox, please email townadmin@estes.org. For this and other Town news, please visit www.estes.org/news, www.facebook.com/townofestesparkco and www.twitter.com/townofestespark

© 2014 Estes Park News, Inc

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