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8/8/2019 Budget 2011 Preliminary Packet
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OFFICERSDel Beattie, Mayor
Chris Snyder, Town Clerk/Treasurer
Dave Stone, Town Manager
Joe Kiely, Assistant Manager
Lynn Yowell, Chief of Police
100 Civic Center Drive
P.O. Box 9
Limon, CO 80828719-775-2346719-775-9073
TRUSTEESJim Andersen
Linda Hawthorne
Jack Hendricks
Mike Kelly
Greg King
Paul Metcalf
2011 Preliminary Budget
This is the Preliminary 2011 Budget for the Town of Limon. This Preliminary Budget is preparedby town staff pursuant to state statute to provide a starting point for review and consideration bythe Board of Trustees prior to the statutory budget deadline of December 15, 2010.
This Preliminary Budget is different than past years in that the November election could
substantially affect the final budget for 2011. Staff has prepared two budgets. The columnidentified as 2011 Budget is the preliminary budget if voters make no changes to Town revenuesources through amendments or propositions at the state level on November 2nd. Staff isrecommending no change in the property tax mill levy and a slight decrease in utility ratesbased on the inflation rate from the previous year.
The column identified as 2011 Budget Alt shows the staff estimate if state level amendmentsand propositions are approved by the voters on November 2nd. While there is no increase in milllevy there is a significant refund to taxpayers estimated. This refund comes from a newrequirement for the Town to pay property tax on property including utility infrastructure,ambulance facility and golf course. One of the amendments would remove the local voterapproval that allowed the Town to keep revenues over the TABOR limit. While a portion of the
property tax on the above items would be to the Town itself, the TABOR limitations wouldrequire that portion be refunded to taxpayers. Staff estimates that the estimated $350,000 inutility property taxes required by the amendment would result in a utility rate increase of 60% in2011. These figures are only estimates since the Town infrastructure has never been assessedin prior years.
Please feel free to contact Dave Stone, Town Manager or Joe Kiely, Assistant Town Manager,at Town Hall or call 719-775-2346 if you have questions about this Preliminary 2011 Budget.
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GENERAL FUND
REVENUES: 3Fines and Licenses 64,687 53,368 50,000 50,000
Certified Vin Inspections 100 53 120 120
Taxes -- Lincoln County 326,548 334,202 334,197 334,197
Property Taxes-Enterprise Funds 0 0 0 47,214
Sales Tax 833,095 804,047 804,047 751,047
Severance Tax 5,493 2,718 0 0
Interest Income 19,906 10,039 12,000 12,000
Transportation Bus Ticket 294 385 300 0
Building Permits 18,508 73,327 18,000 18,000
Use Taxes 5,021 33,691 12,000 12,000
Miscellaneous 40,209 22,857 30,000 30,000
Insurance Claims 0 187,007 1,818 1,818
Heritage Museum Funding 2,500 2,500 2,500 0
Centennial Celebration 2,576 0 0 0
Hangar Rent 3,788 3,358 3,358 3,358
Ports-to-Plains 71,477 71,227 72,115 72,115
Ports-to-Plains Travel 37,800 31,214 32,000 32,000
Airport Lease Payments 821 1,491 1,491 1,491
Sale of Cemetery Lots 3,000 1,867 2,000 2,000
Opening>Closing Cemetery 2,275 2,700 3,000 3,000
Motor Vehicle 54,458 49,275 50,000 13,000
Franchise Payment 97,021 91,125 92,000 89,000
County Road and Bridge 93,972 97,404 97,403 97,403
Highway Users 65,930 76,997 76,965 42,827
Gravel 14,400 160,396 100,000 100,000
Cigarette Tax 8,262 7,884 8,000 8,000
Trash Collection 204,761 218,290 216,880 231,387
Purchase Dump/Poly 4,367 3,561 2,800 2,800
Dumpster Rental 2,065 513 500 500
Library Board Income 5,493 9,309 5,500 5,500
Library Board Interest 515 200 200 200
BTOP Public Computer Center Grant 0 20,358 0 0Feedot Reserve Interest 675 536 300 0
Swimming Pool Income 10,559 11,478 12,000 6,000
Pool Concessions 2,684 2,822 2,500 1,250
Community Building Rent 3,168 3,500 3,200 3,200
Interest-Community Building 300 20 20 20
Rec Department Income 6,568 18,709 8,500 8,500Interest Income-Rec Dept. 705 159 75 75
Parks-Concessions 6,024 0 0 0
SID No. 1 Payments -- Principal 3,240 4,463 4,000 4,000
SID No. 1 Payments-Interest 5,908 5,908 4,897 4,897
SID No. 2 Payments-Interest 18,400 17,000 14,074 14,074
SID No. 2 Payments -- Principal 9,069 10,000 11,000 11,000
Street Equipment Reserve-Interest 58 215 250 250
Donated 4,325 16,033 0 0Transit Grant 3,863 2,800 2,800 0
EIAF Grant-Administrative Intern 0 17,500 17,500 0
Street Assessment 16,756 0 0 0
Weed Mowing 830 0 300 300
Mosquito Spraying 426 550 300 300
Police Vest Grant 285 0 285 285
POST Grant 8,145 4,320 0 0
Recreation Participation Fees 9,178 9,672 10,000 8,000
Recreation Trips 4,187 3,468 4,000 2,000
Adult Recreation Programs 8,515 7,326 7,000 4,500
Recreation Sponsorships 483 446 500 500
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Donation Parks & Rec Dept. 0 1,150 0 0
TOTAL GENERAL FUND REVENUES 2,113,693 2,509,438 2,132,695 2,030,128
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GENERAL FUND -- ADMINISTRATIVE DEPARTMENT
EXPENDITURES:Administrative Salaries 199,547 226,790 238,123 199,032
Workman's Compensation 4,275 1,064 1,555 1,555FICA-Town Share 12,372 14,061 14,764 12,340
Health Insurance 36,323 49,067 59,989 59,989
Unemployment Compensation 400 454 476 398
Medicare-Town's Share 2,894 3,288 3,453 2,886
Disability Insurance 1,159 1,429 1,972 1,648
Pension Contribution 6,599 5,251 3,938 3,938
Health Insurance Deductible 1,388 8,143 12,200 12,200
Refunds 0 0 0 47,214
Material and Supplies 10,085 15,279 10,000 8,000
D & A Testing 2,087 1,568 1,750 1,750
Vehicle Repairs 713 893 1,000 1,000
Gas/Oil for Equipment 3,039 4,384 5,042 5,042
Travel/Training 7,384 6,423 7,000 2,000
Centennial Celebration 3,980 0 0 0
Town Hall Roof Repair 0 24,048 0 0
Hail Storm 0 79,660 28,840 28,840
Electricity 7,855 7,996 8,476 8,476
Natural Gas 5,378 5,183 5,442 5,442
Telephone 12,130 12,916 12,000 12,000
Insurance 10,537 12,932 8,683 8,683
Mayor/Trustee Salaries 3,837 3,837 3,837 3,837
Consulting Fees 400 572 1,500 1,500
Legal Fees 9,596 11,688 11,000 11,000
Bond Service Fees 150 150 150 150
Audit/Accounting 22,725 24,732 25,000 25,000
Building Plan Reviews 4,445 1,771 3,000 3,000
Election Expense 0 4,320 0 0
Council of Government 6,070 6,165 5,950 5,950
Printing and Office Supplies 4,977 6,884 7,000 7,000
Office Equipment/Repairs 15,218 14,372 14,500 14,500
Dues and Subscriptions 4,007 4,252 4,500 4,500
Computer System 1,214 2,970 4,900 2,500
New Equipment 529 11,610 4,000 250
Feedlot Expenses 0 4,324 1,000 0
Feedlot Principal 45,000 50,000 55,000 55,000
Feedlot Interest 11,531 9,000 6,188 6,188
Transfer to Rec Area 81,227 55,410 2,602 2,602
Tree Program Expenses 2,485 610 5,000 500
Transfer to Rural Health 15,000 0 0 0
Bad Debt Expenses 110 89 150 150
Bad Debt Expenses-Spec Impr. 12,594 0 0 0
Tree Removal Expenses 1,200 600 2,000 1,000
Transportation Bus 878 1,060 1,500 0Economic Development Incentives 0 0 0 0
Donations 855 3,107 3,000 0
Building at 590 E Avenue 193 500 0 0
Ports-to-Plains Travel 30,621 19,445 25,000 25,000
Economic Development Corporation 10,000 10,000 10,000 0
Building Maintenance/Repairs 1,358 1,573 1,300 1,300
Transfer to Ambulance Service 7,088 13,672 13,488 13,488
Transfer to Capital Projects 0 4,342 0 0
Administration Department Expenditures 621,453 747,884 636,268 606,848
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GENERAL FUND -- AIRPORT DEPARTMENT
EXPENDITURES:Materials,Supplies & Repair 5,837 2,370 2,000 2,000
Electricity 3,397 3,831 4,061 4,061
Telephone 1,803 1,842 2,000 2,000Insurance Fuel 2,035 2,035 2,050 2,050
PC Insurance 1,323 1,110 1,085 1,085
Legal 0 0 300 300
Mineral Lease Payment 264 264 264 264
Transfer to Capital Projects 0 7,447 0 0
Airport Department Expenditures 14,659 18,899 11,760 11,760
GENERAL FUND -- CEMETERY FUND
EXPENDITURES:Cemetery -- Salaries 33,735 37,262 41,445 35,594
Workman's Comp. 265 1,566 1,628 1,628
FICA -- Town's Share 2,092 2,310 2,570 2,207
Health Insurance 4,415 5,096 7,433 7,433Unemployment Comp. 68 75 83 71
Medicare-Town's Share 489 540 601 516
Pension Contribution 428 326 244 244
Materials and Supplies 4,191 3,393 4,000 2,500
Equipment Repairs 2,487 2,281 2,500 2,500
Gas & Oil 1,756 1,842 2,118 2,118
Electricity 0 101 100 100
Insurance 662 555 543 543
New Equipment 0 11,804 13,100 0
Cemetery Department Expenditures 50,588 67,151 76,365 55,454
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GENERAL FUND -- STREET DEPARTMENT
EXPENDITURES:Streets -- Salaries 120,333 124,536 128,487 118,643
Workman's Comp. 5,868 6,825 6,825 6,825
FICA -- Town's Share 7,461 7,721 7,966 7,356Health Insurance 35,081 38,520 44,542 44,542
Unemployment Comp. 241 249 257 237
Medicare-Town's Share 1,745 1,806 1,863 1,720
Disability Insurance 861 729 941 859
Pension Contribution 7,007 5,335 4,001 4,001
New Streets -- Salaries 4,642 8,000 3,000 3,000
New Streets-FICA -- Town's Share 288 496 186 186
New Streets-Unemployment Comp. 9 24 6 6
New Streets-FICA-Med 67 116 44 44
Material and Supplies 10,234 15,304 15,000 12,000
Travel/Training 23 120 500 0
Equipment Repair 15,442 14,512 15,000 15,000
Gas and Oil 13,761 17,509 20,135 20,135
New Street Projects 30,932 112,736 28,125 28,125
Street Repair and Projects 145,945 159,464 173,986 157,832
Electricity 53,492 55,360 58,682 58,682
Natural Gas 5,696 5,339 5,606 5,606
Telephone 1,040 2,232 2,000 2,000
Insurance 9,261 10,990 10,854 10,854
Sign Replacement and Maintenance 2,559 1,810 3,500 500
New Equipment 104,029 22,362 84,140 0
Bond Service Fees 736 436 600 600
SID No. 1 Principal 3,000 4,000 4,000 4,000
SID No. 1 Interest 5,369 5,192 4,956 4,956
Gravel Pit Principal 9,428 9,714 10,285 10,285
Gravel Pit Interest 3,094 2,632 2,156 2,156
SID 2005 Principal 12,000 11,000 11,000 11,000
SID 2005 Interest 15,531 17,422 14,074 14,074
Street Department Expenditures 625,175 662,491 662,718 545,225
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GENERAL FUND -- POLICE DEPARTMENT
EXPENDITURES:Police -- Salaries 219,370 223,486 234,221 229,200
Workman's Comp. 7,018 5,886 6,082 6,082
FICA -- Town's Share 13,601 13,856 14,522 14,210Health Insurance 40,579 40,393 42,613 42,613
Unemployment Comp. 438 447 468 458
Medicare-Town's Share 3,181 3,241 3,396 3,323
Disability Insurance 1,473 1,557 1,939 1,898
Pension Contribution 8,588 8,777 6,583 6,583
Material, Supplies, Office Supplies 5,050 6,135 5,000 4,500
Vehicle Repairs 5,193 2,551 3,500 3,500
Gas and Oil 4,562 8,563 9,847 9,847
Travel, Dues and Subscriptions 1,024 897 1,000 1,000
Uniform and Miscellaneous 1,592 1,497 1,500 1,500
Telephone 3,684 3,868 3,800 3,800
Insurance 7,276 6,102 5,970 5,970
Legal 1,690 683 2,500 2,500
New Equipment 36,675 3,159 32,400 0
Training 420 199 500 500
Lab Work 666 405 600 600
Grant Expenditure 570 0 570 570
Juvenile Assessment Center 684 668 633 633
Police Office Remodel 425 27,817 0 0
POST Grant Expense 0 4,320 0 0
Police Department Expenditures 363,759 360,187 377,644 339,287
GENERAL FUND -- SANITATION DEPARTMENT
EXPENDITURES:Sanitation -- Salaries 55,027 60,521 61,020 55,789
Workman's Comp. 3,752 4,574 4,456 4,456
FICA -- Town's Share 3,412 3,752 3,783 3,459
Health Insurance 15,446 18,839 18,648 18,648
Unemployment Comp. 110 121 122 112
Medicare-Town's Share 798 878 885 809
Disability Insurance 338 352 480 436
Pension Contribution 2,267 1,978 1,484 1,484
Materials and Supplies 1,699 1,456 1,700 1,500
Purchase of Polycarts/Dumpsters 6,392 5,300 2,700 2,700
Equipment Repairs 12,753 11,109 10,000 10,000
Gas and Oil 7,633 8,655 9,953 9,953
County Landfill 35,563 36,733 36,733 36,733
RC&D Recycling 4,225 4,224 4,225 4,225
Trash-Roll-off 13,650 13,300 14,000 14,000
Pest Control 4,482 9,830 7,500 7,500
Cell Phone 213 599 480 0
Insurance 662 555 543 543New Equipment 0 59,167 0 0
Bad Debt Expense 0 0 0 0
Sanitation Department Expenditures 168,422 241,943 178,712 172,347
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GENERAL FUND -- LIBRARY DEPARTMENT
EXPENDITURES:Library -- Salaries 31,940 32,476 35,192 34,185
Workman's Comp. 791 79 75 75
FICA -- Town's Share 1,980 2,014 2,182 2,119Health Insurance 4,336 5,401 5,317 5,317
Unemployment Comp. 64 65 70 68
Medicare-Town's Share 463 471 510 496
Disability Insurance 186 191 240 232
Pension Contribution 1,375 1,092 819 819
Materials/Supplies/Printing/Office Supplies 1,547 1,952 2,300 2,100
Repairs to Building 826 1,052 1,000 1,000
Books 7,738 7,428 8,000 5,000
Electricity 5,212 5,583 5,918 5,918
Natural Gas 2,581 2,534 2,661 2,661
Telephone 2,183 2,248 2,200 2,200
Insurance 1,323 1,110 1,085 1,085
Library Board Expenditures 5,189 6,776 5,500 5,500
New Equipment 3,050 20,358 0 0
Travel/Training 150 0 0 0
Library Department Expenditures 70,934 90,830 73,070 68,775
GENERAL FUND -- SWIMMING POOL DEPARTMENT
EXPENDITURES:Swimming Pool -- Salaries 15,752 17,293 17,750 8,625
Workmen's Comp. 483 428 444 444
FICA - Town's Share 977 1,072 1,101 535
Unemployment Comp. 32 35 36 17
Medicare-Town's Share 228 251 257 125
Material & Supplies 4,936 5,675 5,600 4,500
Concession Purchases 2,408 2,232 2,500 2,500
Repairs - Bldg. & Pool 526 2,093 1,200 1,200
Electricity 2,495 2,409 2,554 1,711
Natural Gas 5,289 5,541 5,818 3,898
Telephone 199 187 250 250
Insurance 1,984 1,664 1,628 1,628
New Equipment 351 0 300 0
Swimming Pool Department Expenditures 35,660 38,880 39,438 25,433
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GENERAL FUND -- PARKS DEPARTMENT
EXPENDITURES:Parks -- Salaries 50,681 49,629 52,380 43,660
Workers Compensation 1,249 2,038 1,371 1,371
FICA - Town's Share 3,142 3,077 3,248 2,707Health Insurance 11,208 13,029 13,331 13,331
Unemployment Comp 102 99 105 87
Medicare-Town's Share 735 720 760 633
Disability Insurance 220 227 323 251
Pension Contribution 1,618 1,318 988 988
Materials & Supplies -- Parks 2,265 4,818 4,800 4,000
Material and Supplies -- Ballfield 2,508 1,039 1,500 1,500
Concession Purchases 4,930 0 0 0
Gas & Oil 1,656 1,516 1,743 1,743
Electricity 7,118 6,875 7,288 7,288
Natural Gas 1,636 1,406 1,476 1,476
Telephone 1,318 1,545 1,600 1,600
Insurance 3,969 3,329 3,256 3,256
Railroad Park 1,151 25 400 0
Limon Heritage Society 5,000 5,000 5,000 0
Comm. Bldg. Expense 2,504 4,500 2,000 2,000
Rec Dept. Expense 1,806 14,171 5,000 5,000
Equipment 1,600 29,973 400 0
Sanction Fees 2,609 4,575 4,000 4,000
Recreation Umpires 3,235 3,340 3,500 3,500
Recreation T-shirts 4,306 2,404 2,500 2,500
Recreation Trips 4,247 2,603 3,500 1,750
School Usage Fees 1,012 1,475 1,000 1,000
Recreation Awards 525 229 500 500
Parks Department Expenditures 122,350 158,960 121,969 104,142
TOTAL GENERAL FUND EXPENDITURES 2,073,000 2,387,224 2,177,944 1,929,272
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GENERAL FUND SUMMARY
TOTAL REVENUES 2,113,693 2,509,438 2,132,695 2,030,128
TOTAL EXPENDITURES 2,073,000 2,387,224 2,177,944 1,929,272
FUND BALANCE INCREASE (DECREASE) FOR YEAR 40,693 122,214 (45,249) 100,856
FUND BALANCE FROM PREVIOUS YEAR 609,968 650,661 772,875 772,875FUND BALANCE END OF YEAR 650,661 772,875 727,626 873,731
TABOR RESERVE CHANGE 3,684 0 0 0
BOND RESERVE CHANGE (8,667) 0 0 0
COMMUNITY BUILDING RESERVE CHANGE 3,616 (1,539) 624 (626)
LIBRARY CAPITAL RESERVE CHANGE 0 0 0 0
POLICE CAPITAL RESERVE CHANGE (10,889) 15,826 (12,325) 159
SANITATION CAPITAL RESERVE CHANGE 15,151 (43,501) 15,000 15,000
STREETS CAPITAL RESERVE CHANGE (81,752) 91,198 4,841 88,981
POLICE OFFICE EXPANSION RESERVE CHANGE 5,673 (23,491) 0 0
SPECIAL RECREATION RESERVE CHANGE 5,467 4,974 3,575 3,575
TOWN HALL ROOF RESERVE CHANGE 5,262 (23,735) (3,924) 76
INSURANCE PROCEEDS RESERVE CHANGE 0 107,861 (39,043) (25,943)
PENSION RESERVE CHANGE 34,000 (34,000) 0 0
EMERGENCY RESERVE-TABOR 101,122 101,122 101,122 101,122
BOND AND LOAN RESERVES 37,324 37,324 37,324 37,324
COMMUNITY BUILDING RESERVE 13,895 12,356 12,980 11,730
LIBRARY CAPITAL RESERVE 0 0 0 0
POLICE EQUIPMENT REPLACEMENT RESERVE 111 15,937 3,612 16,096
SANITATION EQUIPMENT REPLACEMENT RESERVE 66,636 23,135 38,135 38,135
STREET EQUIPMENT REPLACEMENT RESERVE 50,985 142,183 147,024 231,164
POLICE OFFICE EXPANSION RESERVE 23,491 0 0 0
SPECIAL RECREATION RESERVE FUND 27,736 32,710 36,285 36,285
TOWN HALL ROOF RESERVE 31,344 7,609 3,685 7,685
INSURANCE PROCEEDS RESERVE 0 107,861 68,818 81,918
PENSION RESERVE 34,000 0 0 0
UNRESERVED FUND BALANCE 264,017 292,638 278,641 312,272
TOTAL FUND BALANCE 650,661 772,875 727,626 873,731% of General Fund Expenditures
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UTILITY FUND
SEWER DEPARTMENT
REVENUES:Sewer Collections 168,902 166,481 165,406 266,370
Utility Miscellaneous Income 2,897 230 0 0Sewer Tap Fees 4,080 1,020 1,000 1,000DOLA Grant 0 0 128,763 128,763Insurance Proceeds 0 3,790 0 0
Pretreatment Fee-IPP 400 400 400 400
DOC Maintenance Reserve 5,394 5,392 3,267 3,267
From DOC Maintenance Reserve 2,746 1,000 5,400 5,400
TOTAL SEWER FUND REVENUES 184,419 178,313 304,236 405,200
WATER DEPARTMENT
REVENUES:(Increase) Decrease in Working Capital (13,618) 0 0 0
Interest Income 7,604 613 5,000 5,000
WTP-Interest Income 4,965 5,347 5,000 5,000Insurance Proceeds 1,058 43,060 0 0
Sales of Meters & Parts 1,419 339 1,000 1,000
Tap Fees / Developer Improvements 11,488 3,284 2,460 2,460
Federal Assistance-WTP 15,935 14,867 13,710 13,710
Donations 1,013 0 0 0
Water Collections 369,410 460,890 457,913 737,424
Miscellaneous 0 460 500 500
Water Projects Energy Impact Grant 0 0 181,636 181,636
WTP-Water Collections 223,860 209,730 209,730 209,730
Bulk Water Sales 644 4,411 1,000 1,000
Late Water Penalties 16,360 5,024 5,000 5,000
Frasier Payment-Interest 14,831 14,378 13,482 13,482
Frasier Payment-Principal 12,568 13,076 13,973 13,973
TOTAL WATER REVENUES 667,537 775,479 910,404 1,189,915TOTAL UTILITY REVENUES 851,956 953,792 1,214,640 1,595,115
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SEWER
EXPENDITURES:Salaries 67,796 63,848 73,716 70,716
Workmen's Comp. 1,847 1,129 1,577 1,577
FICA - Town's Share 4,191 3,959 4,570 4,384
Health Insurance 17,942 22,087 24,123 24,123
Unemployment 135 128 147 141
Medicare-Town's Share 980 926 1,069 1,025
Disability Insurance 334 361 610 586
Pension Contribution 2,937 2,413 1,810 1,810
Maintenance Paid from DOC Reserve 2,746 1,000 5,400 5,400
Material & Supplies 4,699 5,189 5,500 5,500
Vehicle Repairs 530 1,071 1,500 1,500
Gas & Oil 3,090 2,293 1,500 1,500
Training 160 63 800 800
Sewer Project 4,389 0 257,525 257,525
Electricity 44,941 41,908 44,422 44,422
Telephone 4,917 4,580 5,300 5,300
Insurance 6,002 4,993 4,884 4,884
Legal Fees 0 0 1,000 1,000
Consulting Fees 253 7,325 5,000 5,000
Audit 1,600 1,600 1,600 1,600
Equipment Repair 2,494 1,053 3,000 3,000
WWTP Permit Expense 2,120 2,120 2,120 2,120
Maintenance to System 24,194 23,416 25,000 25,000
To DOC Maintenance Reserve 5,394 5,400 3,267 3,267
Bad Debt Expenses 0 83 100 100
Testing 15,420 10,320 4,000 4,000
Facility Repairs 0 1,000 1,000 1,000
Property Taxes 0 0 0 111,873
New Equipment 4,000 5,324 3,000 0
TOTAL SEWER FUND EXPENDITURES 223,111 149,740 483,540 589,154
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WATER
EXPENDITURES:Water Salaries 64,301 62,523 66,461 63,868
Workmen's Comp. 2,126 1,816 1,891 1,891
FICA - Town's Share 3,964 3,876 4,121 3,960Health Insurance 15,938 20,360 20,925 20,924.82
Unemployment Comp. 143 125 133 128
Medicare-Town's Share 927 907 964 926
Disability Insurance 312 336 470 470
Pension Contribution 2,392 2,135 1,601 1,601
Health Insurance Deductible 250 500 1,000 1,000
Material & Supplies 7,751 5,081 8,000 8,000
Water Testing 2,126 1,347 1,800 1,800
Customer Meters & Adapters 4,646 809 5,000 5,000
Equipment Repairs 3,185 897 4,000 4,000
Meters, Parts & Repairs 7,505 7,791 8,000 8,000
Water Well Repairs 18,765 8,062 10,000 10,000
Printing & Office Supplies 5,169 3,444 4,950 4,950
Gas & Oil 2,608 4,500 5,175 5,175
Vehicle Repairs 160 1,483 1,500 1,500
Water Projects 0 17,900 363,272 363,272
Water Projects Salaries 0 7,680 0 0
Training 160 663 1,000 1,000
Electricity 30,916 32,551 34,504 34,504
Natural Gas 509 590 620 620
Telephone 1,361 1,598 1,700 1,700
Insurance 1,984 3,410 1,628 1,628
Legal Fees 10,013 17,767 6,000 6,000
Consulting 2,287 917 6,500 6,500
Bond Service Costs 450 225 300 300
Audit 5,014 5,014 5,014 5,014
System Maintenance 11,194 0 0 0
Bond Payment - CWCB 22,759 23,441 23,441 23,441
Interest Payment - CWCB 9,003 9,004 9,004 9,004
New Equipment 21,210 1,800 3,500 0
Bond Principal-GO-2001 45,000 45,000 45,000 45,000
Bond Interest-GO-2001 20,582 19,150 16,900 16,900
Bad Debt Expense 0 311 200 200
Property Taxes 0 0 0 151,147
2004 Water Revenue Principal 55,000 55,000 55,000 55,000
2004 Water Revenue Interest 108,043 105,174 101,875 101,875
Water Department Expenditures 487,753 473,187 821,448 966,299
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WATER TREATMENT PLANT
EXPENDITURES:Salaries 26,364 23,869 25,853 23,339
Workmen's Comp. 1,126 990 1,031 1,031
FICA - Town's Share 1,684 1,480 1,603 1,447Health Insurance/Employee's Benefits 7,247 7,271 6,927 6,927
Unemployment Comp. 54 48 52 47
Medicare-Town's Share 394 346 375 338
Disability Insurance 161 162 214 193
Pension Contribution 1,424 804 603 603
Insurance 7,938 6,657 6,512 6,512
Audit 2,000 2,000 2,000 2,000
Bond Fees-Water Treatment Plant-CWR&PA 11,526 11,526 11,526 11,526
Bond Principal-Water Treatment Plant-CWR&PA 64,999 70,415 70,415 70,415
Bond Interest-Water Treatment Plant-CWR&PA 43,815 42,063 38,813 38,813
Water Treatment Plant-Other 198 0 2,700 2,700
Water Treatment Plant-Equipment 1,013 1,210 6,280 0
Material & Supplies 10,348 9,915 11,000 11,000
Equipment Replacement 1,679 0 3,000 3,000
Equipment Repairs 7,201 7,425 7,000 7,000
Consulting 236 0 1,000 1,000
Electricity 24,638 24,245 25,700 25,700
Natural Gas 3,578 3,723 3,909 3,909
Property Taxes 0 0 0 79,329
Telephone 2,005 2,164 2,200 2,200
Building Maintenance/Repairs 0 344 1,200 1,200
Water Treatment Plant Expenditures 219,628 192,788 229,914 300,230
Utility Fund Expenditures 930,492 815,715 1,534,903 1,855,683
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UTILITY FUND SUMMARY
TOTAL REVENUES 851,956 953,792 1,214,640 1,595,115
TOTAL EXPENDITURES 930,492 815,715 1,534,903 1,855,683
CASH BALANCE INCREASE (DECREASE) FOR YEAR (78,536) 138,077 (320,263) (260,568)CASH BALANCE FROM PREVIOUS YEAR 1,150,981 1,072,445 1,210,522 1,210,522
CASH BALANCE END OF YEAR 1,072,445 1,210,522 890,259 949,954
WTP Reserve Change 185,717 19,659 (17,271) (87,587)
WTP Reserve Balance 271,717 291,376 274,105 203,789
WTP Operations Reserve Change 340 342 345 345
WTP Operations Reserve 34,168 34,510 34,855 34,855
Sewer Maintenance Reserve Change 639 10,321 10,424 10,424
Sewer Maintenance Reserve 32,087 42,408 52,832 52,832
Sewer Equipment Reserve Change 330 161 162 162
Sewer Equipment Reserve 16,052 16,213 16,375 16,375
Sewer Capital Expenditures Reserve Change 1,015 1,520 (51,487) (51,487)
Sewer Capital Expenditures Reserve 49,967 51,487 (0) (0)Water Capital Expenditures Reserve Change 1,073 3,295 (56,084) (56,084)
Water Capital Expenditures Reserve 52,789 56,084 0 0
Water Rights Reserve Change 1,414 (9,986) (4,624) 376
Water Rights Reserve 47,588 37,602 32,978 37,978
Insurance Proceeds Reserve Change 0 32,161 5,497 322
Insurance Proceeds Reserve 0 32,161 37,658 322
Water Projects Reserve Change (277,764) 1,678 (160,843) (160,843)
Water Projects Reserve 167,794 169,472 8,629 8,629
Unreserved Balance 447,871 548,972 503,463 633,474
Total Reserved/Unreserved Cash/Investments Balance EOY 1,072,445 1,210,522 890,259 949,954
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RECREATION AREA FUND
GOLF COURSE DEPARTMENT
REVENUES:(Increase) Decrease in Working Capital 1,327 0 0 0
Int. Inc. - Reserve Funds 166 0 0 0Interest Income-Spec Green Fees 322 163 170 170
Cart Storage 9,290 9,750 9,750 9,750
Green Fees - Annual 31,823 33,620 33,620 33,620
Green Fees 30,335 26,050 26,050 26,050
Club Rentals 187 282 282 282
Cart Rentals 9,592 9,480 9,480 9,480
Handicaps>CO Golf Memberships 922 512 512 512
Special Green Fee Savings Receipts 5,792 5,260 5,260 5,260
Pro Shop Income 2,730 5,433 5,433 5,433
Driving Range 3,891 1,891 1,891 1,891
Miscellaneous Income 2,544 5,920 5,920 5,920
Insurance Claims 0 50,770 0 0
Liquor Sales 14,375 14,445 14,445 14,445
Sandwich Sales 327 322 322 400Concession Sales 5,170 5,177 5,177 5,200
Rental on Club House 4,715 4,280 4,280 4,500
Sign Donations 2,600 1,800 1,800 4,000
Donations 7,027 710 710 2,500
General Fund Transfers 81,227 55,410 2,602 12,318
Lincoln County Lodging Tax 0 2,000 0 0
Transfer from Conservation Trust 4,968 0 0 0
TOTAL REVENUES 219,330 233,275 127,704 141,731
SOFTBALL DEPARTMENT
REVENUES:Soft Ball Users Fee 2,602 3,785 3,500 3,500
TOTAL REVENUES 2,602 3,785 3,500 3,500
SHOOTING SPORTS DEPARTMENT
REVENUES:Gun Club Memberships 135 100 130 130
Electricity- Donation 350 432 432 432
TOTAL REVENUES 485 532 562 562
RECREATION AREA TOTAL REVENUES 222,417 237,592 131,766 145,793
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GOLF COURSE DEPARTMENT
EXPENDITURES:Salaries 75,159 77,043 48,358 24,700
Workmen's Comp 1,238 1,394 1,628 1,628
FICA - Town's Share 4,660 4,777 2,998 1,531Health Insurance 17,394 20,681 12,984 0
Unemployment Comp. 150 154 97 49
Medicare-Town's Share 1,090 1,117 701 358
Disability Insurance 436 446 420 420
Pension Contribution 3,239 2,271 1,703 1,703
Health Insurance Deductible 0 250 650 650
Material & Supplies, Golf Course 12,128 14,856 7,003 7,003
Handicaps>CO Golf Memberships 850 475 475 475
Sandwich Sale Expense 324 256 300 300
Cost of Sales-Pro Shop 3,145 4,959 2,000 2,000
Concession Expense 3,145 3,529 3,500 3,500
Marketing 0 2,029 0 0
Gas & Oil 3,284 3,149 3,621 3,621
Liquor Expense 7,250 7,820 7,820 7,820
Credit Card Fees 1,131 1,278 1,200 1,200
Golf Course Well Repair 0 809 0 0
Building Repairs 12,570 1,582 200 200
Equip Maint. - golf course 6,854 8,481 4,000 4,000
Equipment Maint. -Club 153 653 300 300
Electricity 14,026 15,409 16,334 14,334
Natural Gas 2,500 2,291 2,406 2,406
Telephone 529 528 600 600
Insurance 3,308 2,774 2,714 2,714
Bond Principal 55,000 0 0 0
Bond Interest 2,661 0 0 0
Sign Expense 162 316 100 100
Property Taxes 0 0 0 54,502
New Equipment 12,950 7,320 0 0
TOTAL EXPENDITURES BUDGETED 245,336 186,647 122,113 136,115
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SOFTBALL DEPARTMENT
EXPENDITURESSalaries 817 900 900 900
FICA - Town's Share 50 56 56 56
Health Insurance/Employee Benefits 199 0 0 0Unemployment Comp. 2 2 2 2
Medicare-Town's Share 12 13 13 13
Pension Contribution 0 0 0 0
Softball -- Materials/Supplies 1,321 2,790 1,500 1,500
Electricity 436 219 232 232
Insurance Claims 0 3,500 0 0
New Equipment 0 0 0 0
Softball Umpires 0 0 0 0
Softball Awards 169 248 400 400
TOTAL EXPENDITURES BUDGETED 3,006 7,728 3,103 3,103
SHOOTING SPORTS DEPARTMENT
EXPENDITURESRepairs to Gun Club 0 0 250 250
Insurance Proceeds 0 4,500 0 0
Electricity 377 373 395 395
TOTAL EXPENDITURES BUDGETED 377 4,873 645 645
RECREATION AREA TOTAL EXPENDITURES 248,719 199,248 125,861 139,863
RECREATION AREA SUMMARY
TOTAL REVENUES 222,417 237,592 131,766 145,793
TOTAL EXPENDITURES 248,719 199,248 125,861 139,863
CASH BALANCE INCREASE (DECREASE) FOR YEAR (26,302) 38,344 5,905 5,930CASH BALANCE FROM PREVIOUS YEAR 51,680 25,378 63,722 63,722
CASH BALANCE END OF YEAR 25,378 63,722 69,627 69,652
Change in Special Green Fees Reserve (4,225) (1,865) 5,436 5,436
Change in Insurance Proceeds Reserve 0 46,085 461 461
Change in Bond Reserve Fund (24,094) 0 0 0
Bond Reserve Fund 0 0 0 0
Insurance Proceeds Reserve 0 46,085 46,546 46,546
Special Green Fees Reserve 19,502 17,637 23,073 23,073
Unrestricted Balance 5,876 (0) 8 33
RESERVE/UNRESERVED CASH EOY 25,378 63,722 69,627 69,652
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HEAD START FUND
REVENUES:Head Start Grant 632,614 764,816 737,018 737,018
Head Start Training 0 0 0 0
ARRA 11,645 27,987 15,411 15,411TOTAL REVENUES 644,259 792,803 752,429 752,429
EXPENDITURES:Personnel 380,700 383,545 356,800 356,800
Fringe Benefits 115,945 115,945 119,654 119,654
Travel 1,594 1,709 3,233 3,233
Equipment 8,244 58,050 0 0
Construction 0 17,261 0 0
Supplies 26,710 29,168 27,129 27,129
Other 85,973 81,817 81,817 81,817
Training 7,976 10,263 6,215 6,215
Contractual 5,472 8,120 8,120 8,120
One-Time Grant 0 69,326 134,050 134,050
ARRA 11,645 17,599 15,411 15,411TOTAL EXPENDITURES BUDGETED 644,259 792,803 752,429 752,429
HEAD START FUND SUMMARY
TOTAL REVENUES 644,259 792,803 752,429 752,429
TOTAL EXPENDITURES 644,259 792,803 752,429 752,429
FUND BALANCE INCREASE (DECREASE) FOR YEAR 0 0 0 0
RESERVE FUND BALANCE FROM PREVIOUS YEAR 0 0 0 0
RESERVE FUND BALANCE END OF YEAR 0 0 0 0
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LIMON AMBULANCE SERVICE FUND
REVENUES:Trip Revenue 464,688 480,965 426,000 426,000
Less-Contract Bad Debt (215,613) (149,475) (113,000) (113,000)
Less-Contract Unallowed (105,195) (77,111) (105,000) (105,000)Net Trip Revenue 143,880 254,379 208,000 208,000
(Increase) Decrease in Working Capital 112,228 0 0 0
Interest Income 164 409 390 390
Memorials 160 453 250 250
Intergovenmental-Lincoln County 2,500 1,995 2,500 2,500
Grants-Colorado 9,401 10,559 0 0
Grants-Federal 17,520 0 0 0
Miscellaneous Income 2,600 5,224 2,189 2,189
Bad Debt Recovery 1,621 461 500 500
Insurance Claims 0 8,519 0 0
Sale of Used Equipment 0 39,000 0 0
Transfer from General 7,088 13,672 13,488 13,488
Donations 19,200 550 2,000 2,000
TOTAL REVENUES 316,362 335,221 229,317 229,317
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EXPENDITURES:Salaries 47,291 48,922 48,859 48,859
Workers Compensation 1,366 1,325 824 824
FICA - Town's Share 2,932 3,033 3,029 3,029
Health Insurance 10,868 12,707 13,331 13,331
Unemployment Comp. 91 98 98 98Medicare-Town's Share 689 709 708 708
Disability Insurance 331 365 405 405
Pension Contribution 2,465 1,902 1,426 1,426
Advertising and Marketing 120 397 0 0
Radio/Pager Upkeep 0 756 700 700
Cleaning/Building Maintenance 1,325 4,000 3,000 3,000
Cell Phone 2,792 2,765 3,000 3,000
Agate Fire House 2,000 2,000 2,000 2,000
Billing Charges 8,947 11,454 9,000 9,000
Billing Software Charges 191 764 764 764
Grant Expense - Difibulator 18,803 0 0 0
Grant Expense - Building Improvement 11,878 724 0 0
Dues/Subscriptions 332 912 700 700
Education and Training 3,823 4,734 8,500 8,500Meals 22,060 28,231 22,300 22,300
Uniforms 3,654 2,014 3,500 3,500
Equipment Maintenance Contract 4,736 4,485 6,300 6,300
Equipment Repair 1,297 2,500 2,000 2,000
Volunteer Gifts 1,300 473 0 0
Furniture 565 0 1,000 1,000
Laundry 13,315 19,010 13,800 13,800
Innoculations 477 500 500 500
Medical Supplies 23,004 31,847 25,000 25,000
Office Supplies 2,326 8,589 2,200 2,200
Telephone 2,691 3,017 3,000 3,000
Training Certification 0 0 0 0
Gas and Oil 4,294 8,001 5,000 5,000
Vehicle Repair 5,819 8,713 6,000 6,000Member Benefit 0 2,000 4,000 4,000
Insurance 1,053 667 1,000 1,000
EMT Lodging 0 453 300 300
Equipment 17,520 17,475 2,200 2,200
Licenses/Permits 500 515 2,000 2,000
Mileage 699 1,294 750 750
Donation 75 0 0 0
Fire Department Assistance 2,500 2,500 2,500 2,500
Electricity 3,126 5,907 6,261 6,261
Natural Gas 1,627 1,447 1,519 1,519
PC Insurance 0 4,993 4,884 4,884
Building Loan Fees 714 714 714 714
Audit/Accounting 775 775 775 775
Legal 1,563 0 500 500Building Lease Principal 23,572 24,286 25,715 25,715
Building Lease Interest 7,346 6,580 5,390 5,390
Health Insurance Deductible 250 211 0 0
Property Tax 0 0 0 11,665
Building Improvements 0 0 5,000 5,000
TOTAL EXPENDITURES BUDGETED 263,102 286,445 250,452 262,117
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LIMON AMBULANCE SERVICE FUND SUMMARY
TOTAL REVENUES 316,362 335,221 229,317 229,317
TOTAL EXPENDITURES 263,102 286,445 250,452 262,117
CASH BALANCE INCREASE (DECREASE) FOR YEAR 53,260 48,776 (21,135) (32,800)CASH BALANCE FROM PREVIOUS YEAR 72,889 126,149 174,925 174,925
CASH BALANCE END OF YEAR 126,149 174,925 153,790 142,125
EQUIPMENT REPLACEMENT RESERVE CHANGE 50,447 15,000 15,000
EQUIPMENT REPLACEMENT RESERVE BALANCE 0 50,447 65,447 65,447
INSURANCE PROCEEDS RESERVE CHANGE 0 8,519 85 85
INSURANCE PROCEEDS RESERVE 0 8,519 8,604 8,604
UNRESERVED BALANCE 126,149 115,959 79,739 68,074
TOTAL RESERVED/UNRESERVED CASH EOY 126,149 166,406 145,186 133,521
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CEMETERY PERPETUAL CARE FUND
REVENUES:Interest 8 4 5 5
Perpetual Care Sales 3,075 1,875 1,000 1,000
TOTAL REVENUES 3,083 1,879 1,005 1,005
EXPENDITURES:Improvements 929 568 0 0
TOTAL EXPENDITURES BUDGETED 929 568 0 0
CEMETERY PERPETUAL CARE FUND SUMMARY
TOTAL REVENUES 3,083 1,879 1,005 1,005
TOTAL EXPENDITURES 929 568 0 0
FUND BALANCE INCREASE (DECREASE) FOR YEAR 2,154 1,311 1,005 1,005
RESERVE FUND BALANCE FROM PREVIOUS YEAR 4,499 3,810 5,121 5,121
RESERVE FUND BALANCE END OF YEAR 6,653 5,121 6,126 6,126
CONSERVATION TRUST FUND
REVENUES:Interest 176 236 300 300
Colo. Lottery Money 18,502 17,650 16,000 16,000
GOCO Grant 0 0 0 0
TOTAL REVENUES 18,678 17,886 16,300 16,300
EXPENDITURES:Park & Rec Improvements 4,243 5,488 4,100 4,100
Golf Course Improvements 0 3,231 12,000 0
Pool Improvements 4,286 2,885 3,600 3,600
Bike Trail Enhancements 2,035 0 2,500 2,500
Transfer to Rec Area 4,968 0 0 0
Transfer to Capital Projects for Depot 5,000 0 0 0
Depot Improvements 0 5,000 0 0
Ball Field Improvements 0 5,000 14,000 0
TOTAL EXPENDITURES 20,532 21,604 36,200 10,200
CONSERVATION TRUST FUND SUMMARY
TOTAL REVENUES 18,678 17,886 16,300 16,300TOTAL EXPENDITURES 20,532 21,604 36,200 10,200
FUND BALANCE INCREASE (DECREASE) FOR YEAR (1,854) (3,718) (19,900) 6,100
RESERVE FUND BALANCE FROM PREVIOUS YEAR 39,922 39,922 36,204 36,204
RESERVE FUND BALANCE END OF YEAR 38,068 36,204 16,304 42,304
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CAPITAL PROJECTS FUND
REVENUES:Interfund Transfer from General
Fund 5,000 7,447 0 0Airport Grants 0 388,475 0 0
Transfer from Airport Fuel 0 0 2,000 2,000
Colorado Discretionary Aviation Grant 0 1,013 18,000 18,000
Colo. DOLA-Depot Renovation 10,332 0 0 0
Limon Heritage Society 7,174 0 0 0
Heritage Society - Houtz 50,989 0 0 0
TOTAL REVENUES 73,495 396,935 20,000 20,000
EXPENDITURES:Airport Improvement Project 0 391,114 20,000 0
Depot Renovations 78,248 0 0 0
TOTAL EXPENDITURES BUDGETED 78,248 391,114 20,000 0
CAPITAL PROJECTS FUND SUMMARY
TOTAL REVENUES 73,495 396,935 20,000 20,000
TOTAL EXPENDITURES 78,248 391,114 20,000 0
FUND BALANCE INCREASE (DECREASE) FOR YEAR (4,753) 5,821 0 20,000
FUND BALANCE FROM PREVIOUS YEAR 12,285 (714) 5,107 5,107
FUND BALANCE END OF YEAR 7,532 5,107 5,107 25,107
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EMPLOYEES PENSION TRUST
REVENUES:Investment Income 131,481 20,000 20,000 20,000
Contribution from Employees 43,893 48,829 43,235 43,235
Employer Contribution 40,337 33,601 25,201 25,201IRS>Federal Tax Return 4 0 0 0Interest Income-Bank 361 443 150 150
TOTAL REVENUES 216,076 102,873 88,586 88,586
EXPENDITURES:Retirement Distributions 479 50,000 10,000 10,000
Legal and Actuarial Fees 5,951 5,892 5,000 5,000
TOTAL EXPENDITURES BUDGETED 6,430 55,892 15,000 15,000
EMPLOYEES PENSION TRUST FUND
TOTAL REVENUES 216,076 102,873 88,586 88,586
TOTAL EXPENDITURES 6,430 55,892 15,000 15,000
FUND BALANCE INCREASE (DECREASE) FOR YEAR 209,646 46,981 73,586 73,586
RESERVED FUND BALANCE FROM PREVIOUS YEAR 746,953 746,953 793,934 793,934
RESERVED FUND BALANCE END OF YEAR 956,599 793,934 867,520 867,520
AIRPORT FUEL FUND
REVENUES:Fuel Collections 2,421 1,793 2,000 2,000
Credit Card Collections 25,042 27,393 33,000 33,000
Donations 0 0 0 0(Increase) Decrease in Working Capital 6,810 0 0 0
TOTAL REVENUES 34,273 29,186 35,000 35,000
EXPENDITURES:Transfer to Capital Projects 0 0 2,000 0
Testing 370 360 400 400
Repairs 290 357 400 400
Fuel Expense 22,875 29,857 28,000 28,000
Credit Card Fees 1,463 1,547 1,600 1,600
Storage Tank Insurance 1,338 1,888 1,500 1,500
Software Support 400 400 400 400
TOTAL EXPENDITURES 26,736 34,409 34,300 32,300
AIRPORT FUEL FUND SUMMARY
TOTAL REVENUES 34,273 29,186 35,000 35,000
TOTAL EXPENDITURES 26,736 34,409 34,300 32,300
CASH BALANCE INCREASE (DECREASE) FOR YEAR 7,537 (5,223) 700 2,700
CASH BALANCE FROM PREVIOUS YEAR (2,195) 5,342 119 119
CASH BALANCE END OF YEAR 5,342 119 819 2,819
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RURAL HEALTH PARTNERSHIP FUND
REVENUES:Transfer from General Fund 15,000 0
TOTAL REVENUES 15,000 0 0 0
EXPENDITURES:TOTAL EXPENDITURES BUDGETED 0 0 0 0
RURAL HEALTH PARTNERSHIP FUND SUMMARY
TOTAL REVENUES 15,000 0 0 0
TOTAL EXPENDITURES 0 0 0 0
FUND BALANCE INCREASE (DECREASE) FOR YEAR 15,000 0 0 0
FUND BALANCE FROM PREVIOUS YEAR (15,000) 0 0 0
FUND BALANCE END OF YEAR 0 0 0 0
TOTAL BUDGET
TOTAL REVENUES 4,509,292 5,377,604 4,621,738 4,913,673
TOTAL EXPENDITURES 4,292,446 4,985,022 4,947,089 4,996,864
BALANCE INCREASE (DECREASE) FOR YEAR 216,846 392,583 (325,351) (83,191)
BALANCE FROM PREVIOUS YEAR 2,252,984 2,754,391 3,146,974 3,146,974
BALANCE END OF YEAR 2,469,830 3,146,974 2,821,623 3,063,783