64.7M Budget Proposed for 2018

General Fund Balanced

City Manager Jim Hayes presented the proposed 2018 Budget to City Council on Aug. 7.

The stated goal of the 2018 Budget is to successfully meet the service demands of the community, augment reinvestment in city infrastructure, to fortify the financial position of the city and to plan for Northglenn’s future.

The 2018 Budget does not anticipate any new tax increase.

The chart to the right shows projected revenue for the seven funds that comprise the budget.

Overall, citywide revenues for the proposed 2018 Budget stand at $53,241,038, with city-wide expenditures at $64,656,313.

The personnel budget expects a 3.8 percent rise. This includes 3.15 positions added – a part-time community services coordinator, two utility plant operators and a sanitation municipal services worker.

The General Fund, which covers salaries and day to day operations, is balanced.

The proposed 2018 Budget will go to City Council for approval on Oct. 23.

Proposed 2018 Major Capital Projects
Northglenn Justice Center - $12M
Civic Center Project - $4.8M
Northwest Open Space Facility Improvement - $1M
Terminal Reservoir Phase II - $769K
Residential Street Program - $750K
Kiwanis Bath House Renovation - $400K
Greenway Trail Replacement - $350K
Where Revenue Comes From:
Taxes - 56%
User Charges & Fees - 33%
Intergovernmental - 7%
Fines & Forfeitures - 2%
Licenses & Permits - 1%
Other Revenue - 1%

How Money is Spent:
Capital Outlay - 40%
Personnel - 35%
Purchased Services - 10%
Supplies/Non-Capital - 8%
Other - 7%

2018 Proposed Budget
Budget Funds Beginning Balance Revenues & Other Sources Expenditures & Other Uses Net Change Ending Balance
General $22,091,342 $26,844,346 $26,460,491 $383,855 $22,475,197
Conservation Trust $1,283,245 $440,060 $1,546,000 ($1,105,940) $177,305
CDBG - - - - -
Capital Projects $30,573,042 $7,653,162 $19,652,004 ($11,998,842) $18,574,200
Water & Wastewater $12,708,813 $15,914,519 $15,060,493 $854,026 $13,562,839
Stormwater $48,921 $465,685 $365,443 $100,242 $149,163
Sanitation $1,485,303 $1,923,266 $1,571,882 $351,384 $1,836,687
Total $68,190,666 $53,241,038 $64,656,313 ($11,415,275) $56,775,391

City of Northglenn
11701 Community Center Drive
Northglenn, CO 80233
303-451-8326