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Financial |
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The District Board adopts an annual budget by
December 15th of each year for the following calendar year. At
this time, the Board establishes the property tax rate and level of fees
and charges, if any, for the property within the District. The District
relies on the County Assessor’s Office for certification of assessed
values within the District. The preliminary assessed valuation is
received by August 25th of each year, and the final assessed
valuation is received by December 10th. The District
Board of Directors establishes the property tax rate based on these
values.
The property tax rate consists of two components: |
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1. Operations and
Maintenance |
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The operations and maintenance
mill levy provides for the on-going operations and maintenance of the
District |
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2. Debt Service |
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The debt service levy revenue is
dedicated to payment of the principal and interest of the District’s
outstanding bonds, if any. |
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An annual audit of the District’s
financial statements must be prepared annually and filed with the Colorado
Division of Local Government and bondholders, if any. In some cases,
an exemption from the annual audit requirement may apply. |
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Annual Budget |
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2020 Budget |
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2019 Budget |
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2018 Budget |
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2017 Budget |
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2016 Budget |
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Financial Statement with
Independent Auditor's Report |
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2019 - F. S. with Report |
(Dated 05-13-2020) |
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2018 - F. S. with Report |
(Dated 09-25-2019) |
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2017 - F. S. with Report |
(Dated 09-26-2018) |
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2016 - F. S. with Report |
(Dated 08-20-2017) |
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2015 - F. S. with Report |
(Dated 09-12-2016) |
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2014 - F. S. with Report |
(Dated 07-22-2015) |
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