Finance

Contact Us

  • Phone: 970-328-3510
    Fax: 970-328-3519

    Finance
    P.O. Box 850
    500 Broadway
    Eagle, Colorado 81631 

    financeinvoices@eaglecounty.us



County budget hearing set for Dec. 7

John Lewis, Finance Director 970-328-3511 or john.lewis@eaglecounty.us

View video from the Oct. 4 budget work sessions

A public hearing on the county’s proposed 2011 budget will take place on Dec. 7 during the regular meeting of the Eagle County Board of Commissioners. The meeting begins at 9 a.m. with the budget discussion listed eighth on the agenda, and will include a presentation by the county’s Finance Department as well as ample time for public input. The meeting will take place in the Eagle County Room, located at 500 Broadway in Eagle, and will be aired live on ecotv18 and streamed live and archived for on-demand viewing at www.eaglecounty.us.

As proposed, General Fund expenditures will be decreased from $37.7 million in 2010 to $32.2 million in 2011, a 15 percent reduction. From 2009 to 2012, the county will realize a 24 percent overall reduction in General Fund expenditures. The county has also seen a 15 percent reduction in full-time employees over the last two years.

Projections developed by the county’s Finance Department indicate an anticipated $6.1 million reduction in General Fund revenues in 2012 as compared to 2010. The approximate 16 percent decrease essentially brings county revenues back to 2005 levels. Overall, the county is projecting a $9 million reduction in revenues for all funds from 2010 to 2012. The projections include an anticipated 30 percent drop in property tax collections beginning in 2012, combined with relatively flat sales tax collections following a decrease of more than 26 percent over the past two years. At the request of the commissioners, the assumptions have been vetted by a financial advisory board comprised of citizens with expertise in the local economy.

Tuesday’s hearing follows public budget work sessions that took place this fall. Video from previous meetings can be viewed at www.eaglecounty.us. Final adoption of the budget and the county’s mill levy is scheduled for Dec. 14, with certification of the mill levies for the county and all other taxing entities set for Dec. 21. For more information, contact Finance Director John Lewis at 970-328-3511.