2019 Budget Message |
2019 Budget
|
The 2019 Budget for the Lake City Area Fire Protection District, Colorado, requires a mill levy of 4.229 as follows:
General Operating Expenses 4.229 mills
This mill levy generates a total of $123,766 in tax revenues and reflects an increase of .50 percent.
The Lake City Area Fire Protection District, Colorado, uses the modified accrual basis of accounting.
The General Fund provides monies for contract payments for administration, fire chief, fire marshal and manager; repair and maintenance of existing equipment; training expenses for volunteer firefighters and other general operating expenses.
The Capital Reserve Fund provides monies for the repair and upgrade of the District’s mobile burn trainer, and an annual reserve for an equipment replacement schedule and other future capital expenditures. Although the annual reserve is appropriated, the replacement schedule does not anticipate any use of the funds in the reserve in 2019.
The Contingency Reserve Fund provides monies for any unforeseen loss or emergency repair of fire equipment.
The Fireworks Fund provides monies for the purchase of fireworks. Revenues in the Fireworks Fund are derived solely from private donations.
Approved by
Position
Date
General Operating Expenses 4.229 mills
This mill levy generates a total of $123,766 in tax revenues and reflects an increase of .50 percent.
The Lake City Area Fire Protection District, Colorado, uses the modified accrual basis of accounting.
The General Fund provides monies for contract payments for administration, fire chief, fire marshal and manager; repair and maintenance of existing equipment; training expenses for volunteer firefighters and other general operating expenses.
The Capital Reserve Fund provides monies for the repair and upgrade of the District’s mobile burn trainer, and an annual reserve for an equipment replacement schedule and other future capital expenditures. Although the annual reserve is appropriated, the replacement schedule does not anticipate any use of the funds in the reserve in 2019.
The Contingency Reserve Fund provides monies for any unforeseen loss or emergency repair of fire equipment.
The Fireworks Fund provides monies for the purchase of fireworks. Revenues in the Fireworks Fund are derived solely from private donations.
Approved by
Position
Date