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Chaffee County adopts $62.8 million 2026 budget, levies property taxes and approves appropriations
Summary
Commissioners adopted three standard budget resolutions: Resolution 2025-50 (adopting the $62,775,190.94 budget), Resolution 2025-51 (levying property taxes for the 2025 tax year), and Resolution 2025-52 (appropriating sums to county funds); staff described a roughly 5% revenue calculation increase tied to valuation changes.
The Chaffee County commissioners adopted the county's 2026 budget and two related resolutions, completing the standard year-end budget process.
County staff presented three resolutions: Resolution 2025-50 adopting the county's 2026 budget, Resolution 2025-51 levying general property taxes for the 2025 tax year to fund the 2026 budget, and Resolution 2025-52 appropriating sums to various county funds and spending agencies. Staff reported the 28 funds total $62,775,190.94.
During discussion, a commissioner asked whether total revenues were down from last year. Staff replied that the total represented about a 4% reduction from last year but that some budget amendments had narrowed the difference. Staff also explained the calculation used for property taxes, noting an approximately 5.5% increase in the project's calculation while assessed valuation rose about 4.8%.
Speaker 2 moved to adopt Resolution 2025-50 (the budget) and Speaker 4 seconded; the motion passed. Commissioners then moved and approved Resolution 2025-51 (levying property taxes) and Resolution 2025-52 (appropriations), completing the budget-adoption sequence.
What happens next: The adopted budget and levy take effect for the 2026 calendar year; staff noted the appropriations document is a living document and may be adjusted via future amendments.
