Financial            
                   
  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:
 
               
    1.  Operations and Maintenance  
      The operations and maintenance mill levy provides for the on-going operations and maintenance of the District  
         
    2.  Debt Service  
      The debt service levy revenue is dedicated to payment of the principal and interest of the District’s outstanding bonds, if any.  
     
  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.  
 
 
                   
  Annual Budget              
                   
  2020 Budget              
                   
  2019 Budget              
                 
  2018 Budget              
                 
  2017 Budget              
                 
  2016 Budget              
                 
 
 
     
  Financial Statement with Independent Auditor's Report  
                   
  2019 - F. S. with Report (Dated 05-13-2020)          
                   
  2018 - F. S. with Report (Dated 09-25-2019)          
                   
  2017 - F. S. with Report (Dated 09-26-2018)          
               
  2016 - F. S. with Report (Dated 08-20-2017)          
                 
  2015 - F. S. with Report (Dated 09-12-2016)          
                 
  2014 - F. S. with Report (Dated 07-22-2015)          
                   
               
                   
                   
                   
                   
                   
                   
                   
                   
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