2018 Budget MessageBUDGET MESSAGE
2018 The 2018 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 $123,188 in tax revenues and reflects a decrease of 6.39 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 purchase of a grant-funded tanker, the purchase of a grant-funded 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 2018. 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. |
2018 Budget
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