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Trustees adopt 2025 budget after line-item amendments; levy certified
Summary
After line-by-line discussion and Excel edits, trustees adopted the 2025 budget as modified (total revenues $886,905; total expenses $882,909.55). They also adopted resolution 2024-07 certifying the 17.588 mill levy.
Trustees spent an extended portion of the meeting reviewing the draft 2025 budget and making multiple amendments: increasing the town's allocation to Colorado Trust investments, reducing professional services, raising part-time labor, and adjusting departmental items such as overtime and porta-potty costs. Staff updated the Excel workbook in real time; after edits the needed draw on general fund reserves fell from about $20,000 to approximately $9,600.
Chair (speaker 7) moved to adopt Resolution 2024-08 as modified, stating total revenues of "$886,905" and total expenses of "$882,909.55," leaving a net increase of $3,995.45. The motion passed by voice vote. Earlier in the meeting trustees also adopted Resolution 2024-07 to certify a 2025 mill levy of 17.588 mills, a formality required by Dec. 15.
