#Elizabeth OKs 2021 budget of $12.7 million — The Elbert County News

Old Town Elizabeth Colorado. By ERoss99 – Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=22708960

From The Elbert County News (Tabatha Stewart):

The Elizabeth Board of Trustees voted to adopt the 2021 budget at the Dec. 8 meeting. The budget was submitted in October, and a public hearing was held Nov. 24, where taxpayers were given the chance to raise any objections. The budget includes five funds—the general fund, street maintenance fund, street capital improvement fund, water sewer fund and a capital improvement fund, and the estimated balance of all funds going into 2021 totals $12,666,057…

The estimated general fund for 2021 includes $50,689 from unappropriated surpluses, and projects $2,134,782 from other sources such as water and sewer fees. Property taxes will account for $631,286, bringing the general fund total to $2,816,757. The general fund is used to pay for administration, courts, police services, community development and parks and building maintenance.

The street maintenance fund estimates $461,947, the street capital improvement fund comes in at $4,773,644, the water sewer fund is estimated at $4,243,709, and the capital improvement fund at $370,000.

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