GARFIELD COUNTY, Colo. Garfield County commissioners adopted the 2014 budget, appropriating over $126 million in expenditures.
Estimated operating revenues exceeded proposed operating expenditures by approximately $7 million, resulting in a balanced budget.
There is a decrease of approximately 2% in the operating budget as compared to 2013. The majority of elected offices and administrative departments made the reductions.
Property tax revenue in Garfield County will decrease for 2014 by 26% or about $14 million. This can be largely attributed to the decline in the price of natural gas.
Sales tax revenue is estimated to increase in 2014 by 18%. This can be attributed to the general improvement of the economy.
The mill levy remains unchanged in 2014. Combined with a decrease in assessed property values, this will result in citizens paying less in property tax.
KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.powered by Disqus