Budget Summary 2002
$208,170,414

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Major Changes between 2001 and 2002 include:

• The Commissioners adopted an operating budget for 2002 that successfully transitions Boulder County into a new reduced size. The formation of the new Broomfield County on 11/15/2001 meant a loss of property and revenue to Boulder County. By limiting growth in the budget base in the previous fiscal years, the county is able to fund all ongoing operations in 2002.

• The Recycling and Composting Facility Fund became part of the County budget in 2002. An Intergovernmental Agreement among the entities represented in the Recycling and Composting Authority approved the transfer to Boulder County. This new county fund is budgeted for $4,196,062 for 2002. The sale of recycled materials will provide a revenue source for this fund.

• In November 2001, the voters approved an increase in the county sales and use tax to provide for fire training centers. A new fund has been set up for the fire training centers to collect the revenues generated by the approved 0.05% sales and use tax beginning January 1, 2002 and ending December 31, 2004. There are no planned expenditures budgeted at this time.

• The voters approved in the November 2001 election an increase of 0.10% in the county sales and use tax for seven years to fund transportation projects. The tax will go into effect on July 1, 2002 and will be added to the 2002 budget at that time.

• The Social Services Fund budget for 2002 increased overall by 6% from last year’s budget.

• The budget for the Retirement Fund has decreased by $377,308. The primary reason for this drop is a decrease in contributions by employees into the plan.

• The 2002 budget for the Open Space Capital Improvement Funds includes the bond payments and funds remaining from previous bond sales that will be used for land acquisitions. The bond proceeds caused the $24 million increase in the open space funds.

• The Road and Bridge Fund does not include intergovernmental revenue for shared projects. It is expected that there will be specific projects in 2002 which will receive Federal and/or State revenues. These revenues will be budgeted when the amounts are known. This is consistent with past practice.

• The Capital Expenditure Fund decreased approximately $1.27 million for 2002 due to the completion of the Longmont Judicial Center, the Courthouse West Wing, Community Services/Health building in 2001. The major project planned for 2002 is an addition to the Boulder Justice Center for the Courts.

Other Items of Interest:

• The salary and benefit package for County employees for 2002 includes a market salary adjustment for all employees of 3% at the beginning of 2002, additional market adjustments for selected positions, and a variable merit pool from 3 - 6% based on the employee’s place in the salary range for the job classification.

• The allocations to non-profit agencies, including the Mental Health Center and the Board for Developmental Disabilities, received an average increase of 5% over the 2001 funding level. .

• The total mill levy for the County in 2001 (for taxes collected in 2002) is 17.621 mills. This total includes a levy of 0.134 mills to recover property taxes abated in 2001 and a temporary mill levy reduction of 4.624 mills, as allowed by State Statute.