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Montrose County commissioners’ budget meeting brought calls for a ballot measure to formally clarify the intended use of the public safety sales tax passed in 2007, and argument over the ....
Next year, Montrose County will be left with an ending fund balance of about $56.9 million, if current budget projections for 2024 hold true. This reflects the beginning fund balance ....
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 sen ....