With a streamlined budgeting process, Montrose County overcame the challenges posed by COVID-19 to approve a total appropriation of $92.416 million for 2021.
The amount includes a $2 million TABOR emergency reserve. After expenditures, revenue and transfers to other funds, the ending fund balance is projected at about $49 million. (The county went into its budgeting process with a beginning fund balance of $53.3 million. The projected revenue sources are $85.6 million and uses are projected at $89.7 million. Subtracting the roughly $4.1 million difference between projected uses and revenue from the beginning fund balance leaves about $49.2 million for the ending fund balance.)
âOverall, the county is in good financial shape. Itâs kind of weathering this storm through COVID and everything else,â Montrose County Manager Ken Norris said Thursday, after the county commissioners approved the budget and set the mill levy for 2021. The final budget is now being sent to the