The Crawford town council is scheduled to pass the 2016 budget at the regularly scheduled Dec. 9 work session. The meeting begins at 7 p.m.
The town general fund is anticipated to have revenues of $125,015 and expenses of $118,702, according to the draft budget, although an additional $5,500 is being set aside in anticipation of paying the first of two installments of the town's share of the high-speed broadband Internet project, according to Mayor Susie Steckel. The town also has $9,000 set aside in emergency reserves.
Water revenues are expected to be at $82,500, with expenses of $75,879, leaving the town an estimated $6,621 in available resources. The sewer fund budget anticipates $95,800 in revenues and $89,979 in expenses, and the Conservation Trust Fund, funded by sales of Colorado Lottery tickets, is expected to have revenues of $2,295 and expenses of $2,000 for park improvements.
Due to decreasing income, including a loss of severance tax dollars from decreased activity at local mines, "We've really tightened our belts," said Steckel. Loss of mineral revenues "has really hurt."
The only capital improvement project on the table thus far for 2016 is a sewer line improvement project on Cedar Street. In the future, said Steckel, the town needs to budget for re-lining of one of the water storage tanks, and eventual replacement of the tank.
"I think we're very happy" about the budget, said Steckel. "We're in the black, and that's always good."