budget 2011 preliminary packet

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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2011 Preliminary BudgetOctober 15, 2010 Page 1

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08:49 AM ACTUAL ESTIMATED BUDGET 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


Disability Insurance 861 729 941 859


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




Disability Insurance 1,473 1,557 1,939 1,898


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






Materials and Supplies 1,699 1,456 1,700 1,500

Purchase of Polycarts/Dumpsters 6,392 5,300 2,700 2,700


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





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



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



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


Unemployment 135 128 147 141

Medicare-Town's Share 980 926 1,069 1,025



Maintenance Paid from DOC Reserve 2,746 1,000 5,400 5,400


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


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





Health Insurance Deductible 250 500 1,000 1,000


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


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


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




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


Equipment Replacement 1,679 0 3,000 3,000


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


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

Page 14 of 25


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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


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


Medicare-Town's Share 1,090 1,117 701 358



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


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


Pension Contribution 0 0 0 0

Softball -- Materials/Supplies 1,321 2,790 1,500 1,500



New Equipment 0 0 0 0

Softball Umpires 0 0 0 0

Softball Awards 169 248 400 400


SHOOTING SPORTS DEPARTMENT

EXPENDITURESRepairs to Gun Club 0 0 250 250

Insurance Proceeds 0 4,500 0 0


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


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


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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Workers Compensation 1,366 1,325 824 824

FICA - Town's Share 2,932 3,033 3,029 3,029


Unemployment Comp. 91 98 98 98Medicare-Town's Share 689 709 708 708



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


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


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LIMON AMBULANCE SERVICE FUND SUMMARY

TOTAL REVENUES 316,362 335,221 229,317 229,317


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


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


EMPLOYEES PENSION TRUST FUND

TOTAL REVENUES 216,076 102,873 88,586 88,586


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


AIRPORT FUEL FUND SUMMARY

TOTAL REVENUES 34,273 29,186 35,000 35,000


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

budget 2011 preliminary packet

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