Property Taxes
Property tax increases are limited to the lesser of (1) 5.5%, plus an allowance for new construction or (2) the TABOR limit of the prior year plus the CPI‑U and new construction. The tax levy is set by the Board of Commissioners, however, it cannot be increased without approval of the electors. The revenue budget reflects net property tax which is total minus uncollectibles ($78,053,931 - $773,892 = $ 77,280,039). The property tax budget is based on the 11/29/00 assessed valuation of $3,935,161,580.

Intergovernmental Revenues
These revenues are primarily Federal and State pass through monies for social service programs, state-shared monies for roads, state lottery proceeds, other various government programs, and grant programs.

Other Revenues
Major "other revenues" include bond proceeds, sales taxes, specific ownership taxes, motor vehicle fees, recording and filing fees, Treasurer's fees, building permits, interest earnings, and various other fees, rents, and charges for services.

Fund Balance
A significant use of fund balance is in the Emergency Rescue Services Fund. Sales and use tax was collected in previous years for construction of facilities that are budgeted in 2001. The CEF, Social Services, and Road and Bridge Funds will also use some of their available fund balance.