On the agenda: Eagle October 27, 2026 Town Council Meeting — Automated License Plate (Oct 27)

Town Council
Tuesday, October 27, 2026
Public Meeting Room / Eagle Town Hall
200 Broadway Eagle, CO

This agenda and the meetings can be viewed at www.Townofeagle.org.
Times listed are approximate and are subject to change.

TOWN COUNCIL MEETING ACCESS INFORMATION AND PUBLIC PARTICIPATION This will be an in-person meeting

using Teams. Please note: All participants must remain muted until they are requested to speak. This will reduce background noise
disruptions to the meeting attendees. When it’s your turn to speak, you will have three (3) minutes for public comment. PUBLIC
COMMENTS: If you are unable to attend, public comments regarding any items on this agenda can be submitted to Camille Deering,
Town Clerk, and will be included as part of the record. For technical difficulties, please email [email protected] and we will do
our best to assist you.

1.

Microsoft Teams meeting
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Meeting ID: 272 162 532 535 60
Passcode: LF6nG63F

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CALL TO ORDER - 6:00 PM
ROLL CALL
CONFLICT OF INTEREST DISCLOSURE
ADOPTION OF AGENDA Opportunity for amendment or deletions to the agenda.
PUBLIC COMMENT Citizen public comment offers an opportunity for citizens to express opinions or ask questions regarding

town services, policies, or other matters of community concern, and any items that are not on the agenda. Please attempt to keep
comments to three (3) minutes; time limits are established to provide efficiency in the conduct of the meeting and to allow equal
opportunity for everyone wishing to speak. When appropriate, any questions by the public during public comment will be followed
up on by the Town Manager and Town staff. Those who are speaking are requested to state their name and address for the record.

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PRESENTATIONS - 6:05 PM Prescheduled presentations from the public are limited to 5 minutes. Invited presentations are

limited to 10 minutes. Prior arrangements for presentations are made with the Town Clerk. The Council cannot appropriate funds or
waive fees in response to a presentation.

1.

Eagle Valley Wildland, Hugh Fairfield

2.

Special Recognition: Matthew Hood – Service on the Planning and Zoning Commission

CONSENT AGENDA - 6:25 PM Consent agenda items are routine Town business, items that have received clear direction

previously from the council, final land-use file documents after the public hearing has been closed, or which do not require council
deliberation.

1.

Minutes

2.

LLA25-01 - 446 Broadway - Lot Consolidation — Mayor to Sign Administratively Approved Plat

STAFF REPORTS The Town Manager and department staff prepare and provide internal updates to the council.
1.

Town Manager Update

2.

Q3 2026 Financial Report

3.

Q3 2026 Capital Projects Report

4.

Q3 2026 Sales Tax Report

BUSINESS ITEMS - 6:40 PM Items and / or Public Hearings are listed under Business may be old or new and may require review
or action by the council.

1.

Public Hearing: 2026 / 2027 Budget

2.

Ordinance 16, Series 2026 - An Ordinance of the Town of Eagle, Colorado, Amending Ordinance 25, Series 2020,
as Amended, to Include a Vacated Alleyway Within Block 13 in the Boundaries of the Eagle Downtown
Development Authority

3.

Proposition 123 Unit Count and 2027-2029 Growth Commitment

COUNCIL DISCUSSION AND FUTURE AGENDA ITEMS - 7:25 Council will use this time to propose future agenda items,
provide updates on Council Committees, and address general discussion items.

EXECUTIVE SESSION - 7:35 PM
1.

An Executive Session pursuant to C.R.S. §24-6-402(4)(a) and 4(e) to consider the purchase, acquisition, lease,
transfer, or sale of any real, personal or other property interest and to determine positions relative to matters
that may be subject to negotiations, develop a strategy for negotiations, and instruct negotiators relating to the
acquisition of a property along the Eagle River corridor.

ADJOURN - 7:50 PM
I hereby certify that the above Notice of Meeting was posted by me in the designated location at least 24 hours prior to said
meeting.

______________
Camille Deering
Town Clerk

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PUBLIC WIFI – Town of Eagle Public Wi-Fi

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EAGLE VALLEY WILDLAND

Town of Eagle
2026 IGA Update / October 21, 2026

$30,000

$5,727.84

$35,727.84

IGA budget

Eagle Addendum Grant

Combined funding

Funding and activity
Red: IGA spending / coding

Pale: IGA budget

Gold: grant-funded mitigation

S&B / Expenses

$4,500.00 IGA budget
$3,906.77 recorded

Mitigation

$9,272.16 IGA budget
IGA: $9,272.16

Grant: $5,727.84

Chipping

$16,227.84 IGA budget
$14,738.31 recorded

Unit 6 mitigation work

$15,000
Combined mitigation investment
The Town's $9,272.16 IGA allocation for mitigation has
been fully used. An additional $5,727.84 from the Eagle
Addendum Grant contributed to the work, bringing the
combined mitigation investment to $15,000.
Hazardous fuels reduction in Unit 6 supports wildfire risk
reduction near the community by reducing available
vegetation and helping limit fire spread. Leveraging grant
funds extends the mitigation work supported by the
Town's IGA.

Unit 6 treatment map

Chipping results

1,103 piles
May: 436 piles / 119,140 lbs

Eagle / Frost Creek

242,700 pounds removed
June: 265 / 41,810 lbs

220 lbs / pile

September: 402 / 81,750 lbs

October chipping invoices pending. $1,489.53 remains in the chipping budget before those invoices.
Sources: EVW figures, Unit 6 map and supplied Eagle / Frost Creek regional chipping data.

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MEETING MINUTES
Town Council
Wednesday, October 21, 2026
Public Meeting Room / Eagle Town Hall
200 Broadway Eagle, CO
This agenda and the meetings can be viewed at www.Townofeagle.org.
Times listed are approximate and are subject to change.

TOWN COUNCIL MEETING ACCESS INFORMATION AND PUBLIC PARTICIPATION This was an in-person meeting
using Teams.

CALL TO ORDER - 6:00 PM
Mayor Woods called the meeting to order at 6:00 p.m.

ROLL CALL
COUNCIL MEMBERS PRESENT
Geoffrey Grimmer, Jamie Woodworth Foral, Bryan
Woods, Gina McCrackin, Scott Schreiner, Andrew
Atkins, Casey Glowacki
COUNCIL MEMBERS ABSENT

STAFF PRESENT
Melissa Daruna, Town Manager
Nikki Davis, Assistant Town Manager
Camille Deering, Town Clerk
Rachel Tand, Finance Director/Treasurer
Carrie Buhlman, Police Chief (Virtual)
Tom Gosiorowski, Public Works Director
Jessica Johnsen, Community Development Director (Virtual)
Jessica Lake, Senior Planner
Kira Koppel, Sustainability Specialist
Ashley LaFleur, Communications Specialist (Virtual)

CONFLICT OF INTEREST DISCLOSURE
• Mayor Woods will recuse himself from Business Item #6, the Property Acquisition Proposal, due to his home's
proximity to the property.
• Council Member Woodworth Foral disclosed that her husband works for Holy Cross and Holy Cross is named in
a resolution on the consent agenda. She declared that she can remain impartial and will vote on the consent
agenda.
• Council Member Grimmer disclosed that his wife works for the school district and will be recusing himself from
the vote on Resolution 61 about ballot issue 5B
• Council Member Glowacki disclosed that his wife works on the school board but declared that he can remain
impartial and will vote on Resolution 61 about ballot issue 5B.

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ADOPTION OF AGENDA
MOTION: Council Member Gina McCrackin motioned to approve the agenda. The motion was seconded
and passed with a vote of 7 in favor (Grimmer, Glowacki, McCrackin, Atkins, Woods, Woodworth Foral,
Schreiner) and 0 opposed.
PUBLIC COMMENT
Mayor Woods opened Public Comment for items not on tonight's agenda, there was no public comment.
CONSENT AGENDA
MOTION: Council Member Scott Schreiner motioned to approve the consent agenda. The motion was
seconded and passed with a vote of 7 in favor (Grimmer, Glowacki, McCrackin, Atkins, Woods, Woodworth
Foral, Schreiner) and 0 opposed.
1.

Minutes

2.

Bill Schedule

3.

Resolution 57, Series 2026, "A Resolution of the Town Council of the Town of Eagle, Colorado, Repealing All Fire
Restrictions.

4.

Resolution 58, Series 2026, "A Resolution of the Town Council of the Town of Eagle, Colorado Approving the 2027
Property Casualty Preliminary Contribution Quotation"

5.

Resolution 59, Series 2026 “A Resolution of the Town Council of the Town of Eagle, Colorado Approving the
Mountain Bluebird Nest Box Habitat Enhancement Project on Town-Owned Open Space”

6.

Resolution 60, Series 2026, "A Resolution of the Town Council of the Town of Eagle, Colorado Allocating the
Entire Balance of Community Enhancement Funds, Established by Holy Cross Energy, To Fund in Part the Building
Electrification Project"

STAFF REPORTS
1.

Town Manager Update
Town Manager Melissa Daruna gave kudos to the efforts of Sustainability Specialist Kira Koppel and other staff
after Eagle was awarded Community of the Year at the Mountain Towns 2030 Conference.
Council received further updates on the County's next steps for revamping the geothermal site and the status of
the RFP for demolishing the Grand Avenue Grill building.

2.

Department Update

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BUSINESS ITEMS
1.

Resolution 61, Series 2026, "A Resolution of the Town Council of the Town of Eagle, Colorado, Supporting Eagle
County School District Ballot Issue 5B on the November 3, 2026 Ballot.
Tessa Kirchner presented the item and requested Council’s support for Ballot Issue 5B. She provided an overview
of statewide K-12 school funding, enrollment trends, staffing and teacher compensation, and local funding levels
in Eagle County compared with surrounding school districts. She expressed that passage of 5B would bring Eagle
County School funding to levels comparable with those of neighboring districts.
Council discussed whether to take formal positions on ballot initiatives and agreed to revisit the topic during
future work sessions to establish an approach for responding to similar requests. A motion to deny the resolution
failed, and a subsequent motion to support the resolution passed.
Public Comment:
• Megan Orvis, 60 Mayor Street- Asked Council to support the resolution so Eagle County will not continue
to lose teachers and force them to leave the area.
• Matt Hood, 50 Beecher Street- Urged Council to vote in favor of the resolution, arguing that a strong
show of support goes a long way.
• Nicole Dewell, Eby Creek Mesa- Asked Council to support the resolution, expressing that many teachers
are retiring and new teachers cannot afford the cost of living.
• Michael Agostinho, 17 Adams Way Rd- Asked Council to support 5B, telling them that his school is losing
many veteran teachers and the turnover rate of new teachers is high.
• Rachel Glowacki, 29 Thresher Court- Expressed support for Ballot Issue 5B, emphasizing its potential to
improve teacher compensation and retention and support local schools.
• Lucila Tvarkunas- Voiced her support for 5B, citing the need to improve teacher recruitment and
retention, expand student mental health services, and preserve programs such as physical education and
music.
• Matt Jones, 801 Brush Creek Terrace- Asked Council to support 5B, describing challenges caused by
budget reductions, including shortages of instructional materials, persistent reading and math gaps, and
difficulty recruiting qualified teachers due to uncompetitive salaries.
• Laura Daly- Asked Council to support 5B, describing how shrinking school budgets have led to larger class
sizes, reduced prep time, fewer enrichment programs, limited counseling support, and teacher stress,
while pay freezes have affected teacher families.
• Valerie Gross, 39 Greenhorn- She emphasized that supporting the resolution is important to families with
children in school and to the wider community.
• Aurora Sprincz- Argued that supporting schools is about strengthening the entire community, preparing
future professionals, and ensuring long-term prosperity, not just supporting teachers. She urged the
community to value education and its commitment to children, warning that failing to support schools
would leave educators feeling unappreciated and diminish the community’s future.
• Mary Anne Stavney- She urged the town to support school funding and that visible town support could
influence voters to help address these challenges.
• DJ McClary, 150 Palmer Loop- Asked Council to support 5B, arguing that investing in education benefits
the entire community.
• Natia Luck, 333 Hilltop St- She supports 5B and encouraged Council and community members to visit
schools, volunteer, and witness the challenges firsthand.
• Jeanine Kenney, 384 Hilltop- She urged the town to support measure 5B, emphasizing that visible
community support for schools can influence voters.

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• Emily Shafer, 331 Bison Ln- Asked Council to support 5B, describing the financial challenges educators
face and the difficulty of retaining experienced staff amid staffing cuts.

MOTION: Council Member Jamie Woodworth Foral motioned to deny Resolution 61, Series 2026, "A
Resolution of the Town Council of the Town of Eagle, Colorado, Supporting Eagle County School
District Ballot Issue 5B on the November 3, 2026 Ballot. The motion was seconded and failed with a
vote of 2 in favor (Woodworth Foral, Schreiner), 4 opposed (Glowacki, McCrackin, Atkins, Woods),
and 1 abstain (Grimmer).
MOTION: Council Member Casey Glowacki motioned to approve Resolution 61, Series 2026, "A
Resolution of the Town Council of the Town of Eagle, Colorado, Supporting Eagle County School
District Ballot Issue 5B on the November 3, 2026 Ballot. The motion was seconded and passed with a
vote of 4 in favor (Glowacki, McCrackin, Atkins, Woods), 2 opposed (Woodworth Foral, Schreiner) and
1 abstain (Grimmer).
2.

215 Capitol St. Property Assessment Update - Wold Architecture & Engineering
Representatives from Wold Architecture and Engineering presented their findings on the preliminary condition of
structures on the 215 Capitol St/St. Mary's property, staff facility needs, and cost analysis for two renovation
options. After discussion on the presented options, Council directed the team to put together a lower-cost bridge
solution rather than a full permanent renovation concept.

3.

2026 Strategic Plan Quarterly Update
Town Manager Melissa Daruna gave Council the first quarterly update on the strategic plan. Staff identified
several high-priority projects not yet reflected in the 2027 strategic plan, including planning for the 215 Capitol
property, Nogel Park renovations, River Park enhancements, the North Broadway corridor, and Grand Avenue
beautification. Council was asked to decide in January what existing priorities may be delayed to make room for
these projects.

4.

Public Hearing: 2026 / 2027 Budget
Finance Director Rachel Tand presented the current 2026-2027 budget, highlighting changes made since the last
revisions and providing an overview of each fund. Currently, every fund is balanced, operating revenues and
expenditures are aligned, and fund-balance and reserve policies are satisfied without projected ongoing
operating deficits. Council did not identify any new projects that needed funding.
Public Comment
• Matt Hood, 50 Beecher St- Advocated to keep funding for the bike park to at least cover maintenance
costs. Allowing the bike park to deteriorate could cost more later.
• Lachie Thomas- He thanked Council for making a site visit to the river park during a previous work session

5.

Phase 3 Investment Grade Audit Information - Distributed Solar
Sustainability Specialist Kira Koppel and representatives from ESG provided an update to Council on the phase 3
solar investment grade audit and options for moving forward. Council discussed the pros and cons of continuing
with ESG or bringing the project in-house, whether solar arrays would actually increase the Town's resiliency

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against power outages, and whether the Town should invest in solar while tax credits are available
Council reached consensus to remove the 2027 solar allocations from the Town Hall and water funds rather than
proceed solely to capture expiring tax credits. Staff will complete or close out the current analysis as appropriate,
continue studying battery storage, return in January with a broader net-zero and decarbonization discussion, and
recommend alternative uses for funds previously assigned to Town Hall solar.
6.

Holman Capital Corporation: Draft Property Acquisition Proposal
Mayor Woods stepped out of the meeting.
Finance Director Rachel Tand and Tim Hoffman with Holman Capital presented financing options for acquiring the
215 Capitol Street/St. Mary’s property. After discussion, Council supported staff’s recommended financing
approach and authorized the Town Manager to proceed.

COUNCIL DISCUSSION AND FUTURE AGENDA ITEMS
Council member Woodworth Foral proposed exploring 10 hours of enforcement per week during the December–April
trail-closure period, either through a seasonal ranger, an agreement with the county, or additional code-enforcement
capacity. At least four council members supported staff to investigate options and return with costs and capacity
implications. The proposal was intended to proceed only if Open Space Manager Alex Smiley determined the task is
feasible without affecting other priorities.
Council debated further whether and how the Town should take positions on ballot measures and legislative proposals,
distinguishing voter-decided ballot initiatives from legislation, and agreed to move the discussion to a future work
session.

EXECUTIVE SESSION
1.

An Executive Session pursuant to C.R.S. §24-6-402(4)(a) and 4(e) to consider the purchase, acquisition, lease,
transfer, or sale of any real, personal or other property interest and to determine positions relative to matters
that may be subject to negotiations, develop a strategy for negotiations, and instruct negotiators relating to the
acquisition of a property along the Eagle River corridor.

MOTION: Council Member Bryan Woods motioned to enter into an Executive Session pursuant to
C.R.S. §24-6-402(4)(a) and 4(e) to consider the purchase, acquisition, lease, transfer, or sale of any
real, personal or other property interest and to determine positions relative to matters that may be
subject to negotiations, develop a strategy for negotiations, and instruct negotiators relating to the
acquisition of a property along the Eagle River corridor; and to adjourn the meeting after. The motion
was seconded and passed with a vote of 7 in favor (Grimmer, Glowacki, McCrackin, Atkins, Woods,
Woodworth Foral, Schreiner) and 0 opposed.
ADJOURN
Date: 10/27/2026
Bryan Woods, Mayor

Camille Deering, Town Clerk
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NOTIFICATION OF LAND USE DECISION
FILE NUMBER: LLA25-01

This form represents a notification of decisions rendered by the Town of Eagle Town Council
and/or the Planning and Zoning Commission in response to the application for land use action
described below and pursuant to Title IV of the Eagle Municipal Code.
APPLICANT: Jake Roach
OWNER OF RECORD: 446 Broadway LLC
DATE OF APPLICATION: Accepted January 2026
LOCATION: 446 Broadway
DESCRIPTION OF REQUEST: Consolidate 4 lots into 1 lot
PLANNING COMMISSION ACTION: N/A
BOARD OF TRUSTEES ACTION: N/A
DATE OF COMMENCEMENT: 9/15/2026
TERM: Approval expires within 90 days of date of approval if plat is not recorded

__________________________________________
Jessica Johnsen
Community Development Director

__9/15/2026__________
Date

PO Box 609 • 200 Broadway • Eagle, CO 81631 • www.townofeagle.org • [email protected] • 970-328-9655

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AMENDED FINAL PLAT

TOWN OF EAGLE
A CONSOLIDATION OF LOTS 21-24, BLOCK 22
SITUATED IN TRACT 45, SECTION 5, TOWNSHIP 5 SOUTH, RANGE 84 WEST, 6TH P.M.
TOWN OF EAGLE, COUNTY OF EAGLE, STATE OF COLORADO

CERTIFICATE OF DEDICATION AND OWNERSHIP:
NOTES:

KNOW ALL MEN BY THESE PRESENTS THAT 446 BROADWAY LLC, A COLORADO LIMITED LIABILITY COMPANY, THE SOLE OWNERS IN FEE SIMPLE
OF ALL THAT REAL PROPERTY DESCRIBED AS FOLLOWS:

1.
2.
3.
4.

LOTS 21, 22, 23 AND 24, BLOCK 22, TOWN OF EAGLE, ACCORDING TO THE FINAL PLAT THEREOF RECORDED AT BOOK E PAGE 2, IN THE OFFICE OF
THE CLERK AND RECORDER, COUNTY OF EAGLE, STATE OF COLORADO, BEING MORE PARTICULARLY DESCRIBED:
COMMENCING (P.O.C.) AT THE INTERSECTION OF BROADWAY AND FIFTH STREET FROM WHICH THE INTERSECTION OF BROADWAY AND SECOND
STREET BEARS N00°33'00"W, 1130.17 FEET, SAID INTERSECTIONS MONUMENTED WITH A FOUND 2.5" ALUMINUM CAP SET IN A MONUMENT BOX, LS
#30093 AND BEING THE BASIS OF BEARINGS HEREON; THENCE N44°30'03"E, 56.56 FEET TO THE SOUTHWEST CORNER OF SAID LOT 24 AND THE
POINT OF BEGINNING (P.O.B.), ALSO BEING THE EAST RIGHT OF WAY OF BROADWAY AND THE NORTH RIGHT OF WAY OF FIFTH STREET, TO A
FOUND 1.5" ALUMINUM CAP ON #5 REBAR SET IN CONCRETE, LS #4551; THENCE ALONG SAID EAST RIGHT OF WAY, N0°34'20"W, 100.01 FEET TO
THE NORTHWEST CORNER OF SAID LOT 21, TO A FOUND 1.5" ALUMINUM CAP, ON #5 REBAR SET IN CONCRETE, LS #4551; THENCE ALONG THE
NORTH LINE OF SAID LOT 21, N89°25'21"E, 125.00 FEET TO THE NORTH EAST CORNER OF SAID LOT 21, AND ALSO BEING A POINT ON THE WEST
RIGHT OF WAY OF A 16' ALLEY, TO A FOUND 2" ALUMINUM CAP ON #5 REBAR, LS # 38079; THENCE S00°33'00"E, 100.00 FEET ALONG THE SAID
WEST RIGHT OF WAY OF THE ALLEY TO THE SOUTHEAST CORNER OF SAID LOT 24, ALSO BEING THE NORTH RIGHT OF WAY OF FIFTH STREET, TO
A FOUND 2" ALUMINUM CAP ON #5 REBAR, LS # 38079; THENCE ALONG SAID NORTH RIGHT OF WAY S89°25'05"W, 124.96 FEET TO THE POINT OF
BEGINNING. CONTAINING 12,499.2 SQ.FT.+- / 0.2869 ACRES +-.
HAVE BY THESE PRESENTS LAID OUT, PLATTED AND SUBDIVIDED THE SAME INTO LOTS AND BLOCKS AS SHOWN ON THIS PLAT AND DESIGNATE
THE SAME AS AMENDED FINAL PLAT TOWN OF EAGLE, A CONSOLIDATION OF LOTS 21-24, BLOCK 22, TOWN OF EAGLE, THE FINAL PLAT THEREOF,
A SUBDIVISION IN THE TOWN OF EAGLE, COUNTY OF EAGLE, STATE OF COLORADO; AND DO HEREBY GRANT, CONVEY, DEDICATE AND SET
APART TO THE TOWN OF EAGLE, COUNTY OF EAGLE, COLORADO, FOR PUBLIC USE THE STREETS SHOWN HEREON, INCLUDING AVENUES,
DRIVES, COURTS, PLACES AND ALLEYS, THE PUBLIC LANDS SHOWN HEREON FOR THEIR INDICATED PUBLIC USE AND THE UTILITY AND
DRAINAGE EASEMENTS SHOWN HEREON FOR UTILITY AND DRAINAGE PURPOSES ONLY.

5.
6.

7.
8.

THE PURPOSE OF THIS AMENDED FINAL PLAT IS TO CONSOLIDATE LOTS 21-24 AND VACATE THE INTERIOR LOT LINES.
DATE OF SURVEY: MARCH 2, 2021, BOUNDARY CONFIRMED MAY 8, 2025.
STREET ADDRESS: 446 BROADWAY (POSTED)
LOCATION OF IMPROVEMENTS AND LOT / BLOCK LINES ARE BASED UPON THE FINAL PLAT OF THE TOWN OF EAGLE AND SURVEY MONUMENTS
FOUND AT THE TIME OF THIS SURVEY AS SHOWN HEREON. LAND TITLE GUARANTEE COMPANY PROVIDED A COMMITMENT ORDER NO.
V50072825, WITH AN EFFECTIVE DATE OF 9-18-24.
LINEAL UNITS = U.S. SURVEY FEET.
BASIS OF BEARINGS: AN ASSUMED BEARING OF N 00° 33' 00" W FROM THE TOWN OF EAGLE FINAL PLAT BOOK E, PAGE 2, BETWEEN A 2.5"
ALUMINUM CAP, LS #30093, SET IN MONUMENT BOX AT THE INTERSECTION OF BROADWAY AND SECOND STREET AND A 2.5" ALUMINUM CAP, LS
#30093, SET IN MONUMENT BOX AT THE INTERSECTION OF BROADWAY AND FIFTH STREET.
THIS PROPERTY IS CONSIDERED "AREA OF MINIMAL FLOOD HAZARD, ZONE X, PER FEMA FIRMETTE 08037C0389D, EFFECTIVE DATE 12-04-07.
NOTICE; ACCORDING TO COLORADO LAW YOU MUST COMMENCE ANY LEGAL ACTION BASED UPON ANY DEFECT IN THIS SURVEY WITHIN THREE
YEARS AFTER YOU FIRST DISCOVER SUCH DEFECT, IN NO EVENT, MAY ANY ACTION BASED UPON ANY DEFECT IN THIS SURVEY BE COMMENCED
MORE THAN TEN YEARS FROM THE DATE OF CERTIFICATION SHOWN HEREON.

WE HEREBY ACCEPT THE RESPONSIBILITY FOR THE COMPLETION OF ALL REQUIRED PUBLIC IMPROVEMENTS FOR THE SUBDIVISION, AND
FURTHER, HEREBY GRANT THE RIGHT TO INSTALL AND MAINTAIN ALL NECESSARY STRUCTURES TO THE ENTITY RESPONSIBLE FOR PROVIDING
THE SERVICES FOR WHICH THE EASEMENTS ARE ESTABLISHED.
WE FURTHER STATE THAT THIS SUBDIVISION SHALL BE SUBJECT TO THE PROTECTIVE COVENANTS FILED AND RECORDED FOR THIS
SUBDIVISION IN THE OFFICES OF THE CLERK AND RECORDER OF EAGLE COUNTY, AT RECEPTION NO. ________________.
EXECUTED THIS ___________ DAY OF ________, 20__.

__________________________________________
NAME

________________________________________________
TITLE

OWNER: 446 BROADWAY LLC, A COLORADO LIMITED LIABILITY COMPANY
ADDRESS: P.O. BOX 5830
EAGLE, CO 81631

CERTIFICATE OF TAXES PAID:
CLERK AND RECORDER'S CERTIFICATE:
I, THE UNDERSIGNED, DO HEREBY CERTIFY THAT THE ENTIRE AMOUNT OF TAXES AND ASSESSMENTS DUE AND PAYABLE AS OF
____________________________ UPON ALL PARCELS OF REAL ESTATE DESCRIBED ON THIS PLAT ARE PAID IN FULL.
DATED THIS

DAY OF

THIS PLAT WAS FILED FOR RECORD IN THE OFFICE OF THE EAGLE COUNTY CLERK AND RECORDER AT_____________ O'CLOCK ON THIS _____ DAY
OF________________,

, A.D., 20__.

20__, AND IS DULY RECORDED AS RECEPTION NO.____________________________ .

.

_____________________________________
EAGLE COUNTY CLERK AND RECORDER

___________________________
TREASURER OF EAGLE COUNTY
STATE OF COLORADO)
) SS
COUNTY OF EAGLE )

BY:________________________
DEPUTY

THE FOREGOING CERTIFICATE OF DEDICATION AND OWNERSHIP WAS ACKNOWLEDGED BEFORE ME THIS ___________ DAY OF ________, 20__,
BY _____________________________.
WITNESS MY HAND AND OFFICIAL SEAL ___________
MY COMMISSION EXPIRES: __________________

PLANNING COMMISSION CERTIFICATE:
THIS PLAT APPROVED BY THE TOWN OF EAGLE PLANNING COMMISSION ON THIS

DAY OF

, 20__.

___________________________________
NOTARY PUBLIC

__________________________
CHAIRMAN

TOWN COUNCIL CERTIFICATE:
TITLE CERTIFICATE:
LAND TITLE GUARANTEE COMPANY, DOES HEREBY CERTIFY THAT I HAVE EXAMINED THE TITLE TO ALL LANDS SHOWN ON THIS
PLAT AND THAT TITLE TO SUCH LANDS IS VESTED IN 446 BROADWAY LLC, A COLORADO LIMITED LIABILITY COMPANY, FREE AND
CLEAR OF ALL LIENS AND ENCUMBRANCES, EXCEPT AS FOLLOWS:
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________

EXECUTED THIS ___________ DAY OF ________, 20__.
___________
TITLE EXAMINER

THIS PLAT IS APPROVED BY THE TOWN COUNCIL OF THE TOWN OF EAGLE, COLORADO, THIS _____ DAY OF
__________________, 20__ FOR FILING WITH THE CLERK AND RECORDER OF EAGLE COUNTY, AND FOR CONVEYANCE OR
DEDICATION TO THE TOWN OF EAGLE OF THE PUBLIC DEDICATIONS SHOWN HEREON; SUBJECT TO THE PROVISIONS THAT
APPROVAL IN NO WAY OBLIGATES THE TOWN OF EAGLE FOR FINANCING OR CONSTRUCTING OF IMPROVEMENTS ON SAID
LANDS, STREETS OR EASEMENTS DEDICATED TO THE PUBLIC EXCEPT AS SPECIFICALLY AGREED TO BY THE TOWN COUNCIL
OF THE TOWN OF EAGLE. FURTHER, SAID APPROVAL IN NO WAY OBLIGATES THE TOWN OF EAGLE FOR MAINTENANCE OF
PUBLIC IMPROVEMENTS UNTIL CONSTRUCTION OF SAID IMPROVEMENTS HAS BEEN COMPLETED IN ACCORDANCE WITH THE
TOWN OF EAGLE'S SPECIFICATIONS AND THE TOWN OF EAGLE HAS AGREED TO ACCEPT SAID IMPROVEMENTS. THIS
APPROVAL DOES NOT GUARANTEE THAT THE SIZE, SOIL CONDITIONS, SUB-SURFACE GEOLOGY, GROUND WATER CONDITIONS,
OR FLOODING CONDITIONS OF ANY LOT SHOWN HEREON ARE SUCH THAT A BUILDING PERMIT, DEVELOPMENT PERMIT, OR
ANY OTHER REQUIRED PERMIT WILL BE ISSUED. THIS APPROVAL IS WITH THE UNDERSTANDING THAT ALL EXPENSES
INVOLVING REQUIRED IMPROVEMENTS FOR ALL UTILITY SERVICES, PAVING, GRADING, LANDSCAPING, CURBS, GUTTERS,
SIDEWALKS, ROAD LIGHTING, ROAD SIGNS, FLOOD PROTECTION DEVICES, DRAINAGE STRUCTURES, AND ALL OTHER
IMPROVEMENTS THAT MAY BE REQUIRED SHALL BE THE RESPONSIBILITY OF THE OWNERS DESIGNATED HEREON AND NOT
THE TOWN OF EAGLE, UNLESS OTHERWISE SPECIFICALLY AGREED TO IN WRITING BY THE TOWN COUNCIL.

SURVEYOR'S CERTIFICATE:

I, RANDALL P. KIPP DO HEREBY CERTIFY THAT I AM A PROFESSIONAL LAND SURVEYOR LICENSED TO PRACTICE LAND SURVEYING UNDER THE LAWS OF
THE STATE OF COLORADO, THAT THIS SUBDIVISION PLAT IS TRUE, CORRECT AND COMPLETE AMENDED FINAL PLAT, TOWN OF EAGLE, A CONSOLIDATION
OF LOTS 21-24, BLOCK 22, TOWN OF EAGLE, AS LAID OUT, PLATTED, DEDICATED AND SHOWN HEREON, THAT SUCH PLAT WAS MADE FROM AN ACCURATE
SURVEY OF SAID PROPERTY BY ME AND/ OR UNDER MY SUPERVISION AND ACCURATELY SHOWS THE LOCATION AND DIMENSIONS OF THE LOTS,
EASEMENTS AND RIGHTS OF WAY OF SAID PLAT AS THE SAME ARE MONUMENTED UPON THE GROUND IN COMPLIANCE WITH APPLICABLE REGULATION
GOVERNING THE SUBDIVISION OF LAND, THAT SUCH PLAT IS BASED UPON THE PROFESSIONAL LAND SURVEYOR'S KNOWLEDGE, INFORMATION AND
BELIEF, THAT SUCH PLAT HAS BEEN PREPARED IN ACCORDANCE WITH APPLICABLE STANDARDS OF PRACTICE, AND THAT SUCH PLAT IS NOT A
GUARANTY OR WARRANTY, EITHER EXPRESSED OR IMPLIED.

RANDALL P. KIPP
COLORADO PROFESSIONAL LAND SURVEYOR NO. 38079

TOWN OF EAGLE, COLORADO
BY: ___________________________
MAYOR
WITNESS MY HAND AND SEAL OF THE TOWN OF EAGLE, COLORADO
ATTEST: ___________________________
TOWN CLERK

AMENDED FINAL PLAT

TOWN OF EAGLE
A CONSOLIDATION OF LOTS 21-24, BLOCK 22
SITUATED IN TRACT 45, SEC. 5, TWP.5 S., R.84 W., 6TH P.M.
TOWN OF EAGLE, COUNTY OF EAGLE, COLORADO

KIPP LAND SURVEYING
RANDY KIPP P.L.S.
P.O. Box 3154
Eagle, CO 81631
(970) 390-9540
email: [email protected]
web: kipplandsurveying.com

Page 12 of 159

AMENDED FINAL PLAT

TOWN OF EAGLE
A CONSOLIDATION OF LOTS 21-24, BLOCK 22
SITUATED IN TRACT 45, SECTION 5, TOWNSHIP 5 SOUTH
RANGE 84 WEST, 6TH P.M.
TOWN OF EAGLE, COUNTY OF EAGLE, STATE OF COLORADO

RANDALL P. KIPP
COLORADO PROFESSIONAL LAND
SURVEYOR NO. 38079

AMENDED FINAL PLAT

TOWN OF EAGLE
A CONSOLIDATION OF LOTS 21-24, BLOCK 22
SITUATED IN TRACT 45, SEC. 5, TWP.5 S., R.84 W., 6TH P.M.
TOWN OF EAGLE, COUNTY OF EAGLE, COLORADO

KIPP LAND SURVEYING
RANDY KIPP P.L.S.
P.O. Box 3154
Eagle, CO 81631
(970) 390-9540
email: [email protected]
web: kipplandsurveying.com

Page 13 of 159

To:

Mayor Woods and Town Council

From: Melissa Daruna, Town Manager
Date:

October 27, 2026

Re:

Town Manager Report

Administrative and Organizational Updates
Fall is in full swing in Eagle and our staff are focusing on seasonal shifts in programming,
workflows, equipment and events. Staff are preparing for Halloween and Christmas on
Broadway community events, and we are planning our fall and winter employee gatherings. As
you know, we are also wrapping up budget season and finalizing project schedules through the
end of the year.
It is also fall break and fall conference season. Many staff have been or are planning to be out of
the office for both personal time off to recharge and professional development. I appreciate the
dedication of our teams to keep projects and services moving while various colleagues are out
of the office.
Sustainability Award
I am honored to report that the Town of Eagle was named Community of the Year at Mountains
2030! This is a testament to the Town Council, staff and community’s dedication to our NetZero
goals. I want to especially recognize Kira Koppel for her innovative and collaborative approach in
leading our progress! Kira’s leadership, flexibility and relationship building in the climate and
resiliency space have made a huge impact on Eagle. Thank you, Kira!
Information Requests and Follow Up
Tyler Technologies Implementation
A major Strategic and organization goal for 2027 is to implement Tyler Technologies to increase
our efficiency, cross-departmental workflows and data tracking. Tyler Technologies will have an
impact on IT, Community Development, Public Works, Finance, HR, Municipal Court & Town
Clerk, Housing and Admin. This is truly a team lift that will have a lasting impact on our
operations. Staff held a team-lead meeting on October 22nd and departments are already
working on data conversion and workflow planning. The current project schedule can be found
here: Tyler Tech Implementation Schedule-10.19.26.pdf

1
Page 14 of 159

Debt Service Schedule
The Town’s Debt Service Schedule was requested at a previous meeting and can be found here:
2026 TOE DEBT SERVICE SCHEDULE.pdf
Public Safety Vehicle & Equipment Replacement
A separate memo has been included with the 2027 Budget Hearing materials explaining an
update to the police vehicle request and replacement schedule. The memo also provides
information about the additional ancillary equipment and replacements.
Policy Update – Anticipated State Legislation
CML held the first Policy Committee meeting of the upcoming session on Friday, October 16. Key
anticipated legislation in the 2027 session includes:
•
•
•
•
•
•
•

Electronic Ballot Reutrns for oversees / absentee ballots
Data Centers including a statewide ban proposal, environmental considerations, and
model code proposals
Statewide regulation of e-bikes and e-motos including a potential minimum age of 16
for e-bikes
Various policy considerations for Automated License Plate Readers (ALPRs)
Impacts on Body Worn Camera (BWC) policies for officer involved shootings
Revisions to the Colorado Open Record Act and allowable response times
County excise tax authority that, in current drafts, would extend into incorporated areas

Based on previous conversations with Senator Roberts and Representative Lukens, we also
anticipate additional legislation related to affordable housing and transportation. Once draft
bills are established, we expect CML will add those measures to their list as well.
Active Land Use Applications
Active Land Use Applications | Town of Eagle, CO - Official Website

Work Sessions
To help the Town Council stay informed about upcoming work sessions, the following table
outlines topics to be discussed over the next several months. Staff will maintain this table and
make adjustments as needed.
WORK SESSIONS in 2026 & 2027:
Date
November 3, 2026
December 1, 2026
January 5, 2027

Topic
Policy Positions Discussion
TBD
Proposed: Strategic Plan Q4 2026 Review &
Annual Update
Proposed: NetZero Goals & Strategies

February 2, 2027
2

Page 15 of 159

To:

Mayor and Town Council

From:

Rachel Tand, Finance Director

Date:

October 27, 2026

Re:

Q3 2026 - Budget to Actual Report and Revenue Analysis

This document provides a year-to-date (YTD) budget to actual revenue analysis, including narrative comments for
significant budget to actual and year-over-year (YOY) variances. A “significant variance” is defined as a variance
greater than $15,000 and 10% over the prior year. However, if Council would like further detail on items below this
threshold, staff will gladly provide it.
Please review the Budget to Actual Report alongside this document. For comparative purposes, the report
includes YTD actuals through September 30 for both 2025 and 2026 as well as the revised approved 2026 budget.
The column showing unearned or unexpended amounts and percentages compares YTD collections or spending to
the revised approved budget.
Townwide Interest Accounts – To avoid redundancy, this comment applies to interest accounts across all funds.
The majority of the Town’s funds are held in COLOTRUST. At the end of Q3 2026, the Townwide balance in
COLOTRUST was approximately $65.1 million, compared to approximately $62.3 million at the end of Q3 2025.
Interest rates have declined steadily over that same period, from 4.3% to the current rate of 3.9%. Interest
earnings for individual funds vary based on both the interest rate and the specific fund balance throughout the
quarter, which varies based on timing of operating and capital expenditures.

General Fund
The General Fund has collected 77% of its budgeted revenues YTD, with revenue currently exceeding
expenditures by $1,704,573. Excluding planned transfers to the Capital Improvements Fund, Open Space Fund,
and EEOP Fund totaling $5,720,000, we have budgeted to end the year with an operating surplus of $1,254,450.
Tax Revenue
•

Property Tax – Property tax is up 10% or $57K YOY. 2025 was a reassessment year, and our 2025 assessed
property valuation (payable in 2026) increased from $243M to $269M. As a reminder, the Town of Eagle
currently has a mill levy of 2.301. The charts below show the 2025 total mill levy for Town of Eagle
residents and historical assessed valuations. 2026 property valuations will be finalized in December.

1

Page 16 of 159

•

Sales Tax – Sales tax is up approximately 9% or $602K YOY. YTD collections are at 78% of the annual
budget. As a reminder, we increased the 2025 sales tax budget from $8,325,000 to $8,700,000 and based
the 2026 budget on that final $8,700,000, but we increased the 2026 budget to $9,100,000 based on 2026
actual sales tax received. Although tourism plays an important role in the broader regional economy,
year-round residents primarily drive Eagle’s economy. Our sales tax revenue tends to be stable and
typically ranges between 24%-26% of the annual budget per quarter.

•

Marijuana & Tobacco Sales Tax – Marijuana and tobacco tax is down (45%) or ($333K) YOY. We budgeted
for a (50%) decrease or ($394K) in 2026 tobacco tax based on the 2025 monthly average amount, due to
the flavored tobacco ban that went into effect January 1, 2026.

License & Permit Revenue
•

Building Permits – Building permit revenue is down (68%) or ($682K) YOY. Permit revenue fluctuates
based on the timing and size of projects. We have issued 252 total permits with a total valuation of
$27.4M YTD 2026 versus 216 permits with a total valuation of $79.5M YTD 2025.

Intergovernmental Revenue
•

Road & Bridge Fund – Road & Bridge Fund revenue is up 11% or $17K YOY. This revenue increases or
decreases in conjunction with our property tax because it is also based on the Town’s assessed valuation.

•

Grants – Grants are down (97%) or ($25K) YOY. We expect to receive an additional $105K in 2026 grant
revenue from a Business Advancement Program grant ($60K), a Colorado Tourism Office grant ($6K), and
a Human-Bear Conflict grant ($39K).

Charges for Services
•

Planning & Zoning Fees – P&Z Fees are down (72%) or ($18K YOY). These fees fluctuate based on
development and are not consistent year over year.

•

Planning & Zoning Reimbursable – P&Z Reimbursable revenue is down (59%) or ($62K) YOY. This passthrough revenue directly correlates to P&Z Reimbursable Expense and fluctuates based on planning
activity throughout the year.

•

Real Estate Transfer Assessment (RETA) Fees – RETA fees are one-time fees collected by the Town upon
the sale of certain properties within the Town of Eagle. To ensure compliance, Finance reviews the
monthly “Town of Eagle Sales Report” from the County to verify that all eligible transfers have been
captured and assessed. Per the applicable development agreements, the Town is authorized to collect
RETA fees for the following developments:
o
o
o

Haymeadow – 0.60% (No maximum), split 50-50 between the General Fund and the Open Space
Fund, with 0.30% to each
Red Mountain Ranch – 0.40% (No maximum), allocated 100% to the General Fund
Reserve at Hockett Gulch – 2.00% ($250,000 maximum assessment per transfer), allocated 100%
to the General Fund

YTD 2026 RETA fees are down (85%) or ($153K) YOY; we have only received three RETA fees to date, and
all were for Haymeadow.
2

Page 17 of 159

Fines & Forfeitures
•

Police Grants – Police Grants are down (93%) or ($209K) YOY due to the SMART Policing grant received in
2025 that did not reoccur in 2026.

Miscellaneous Revenue
•

Sale of Fixed Assets – This account varies year over year as Town assets are sold.

General Fund Expenditures
•

Several departments are under budget on a YTD basis, assuming a relatively consistent expense allocation
of 25% per quarter. General Government, Streets, and Engineering are trending lower than budget due to
salary and related expense savings from vacancies. IT and Economic Development & Housing are trending
lower than budget YTD due to the timing of larger planned operating expenditures such as the Business
Advancement Program.

Capital Improvement Funds
Capital Improvements Fund – YTD 2026, the Capital Improvements Fund has collected 21% of its budgeted
revenue. These revenues are typically one-time in nature and tied to the timing of specific projects. We are
budgeting for year-end revenues to exceed expenditures by $1,175,585 due to General Fund transfers.
• Developer Contribution Grand Ave – This fee is charged to developers based on their current or future
impact on Grand Avenue. YTD 2025, we collected $743,900 from Haymeadow and Hockett Gulch per their
development agreements. There are no budgeted collections for 2026.
• Public Safety Impact Fees – This fee is charged to developers based on their current or future impact on
public safety. YTD, we have collected fees from the 6661 Aspect Development (1215 Chambers) and
Mountain Tots Preschool.
• Use Tax – YTD 2026 use tax is down (77%) or ($1.6M). As mentioned previously, we issued 36 more permits
YTD 2026 than 2025, but the valuation decreased by $52M. About 42% of the YTD 2026 total valuation of
$27,406,903 comes from residential new and alteration projects. Commercial new projects account for 33%
of the valuation.
• Grants – YTD 2026 we have received grant funding from CIRSA for a Public Safety drone ($5K) and CDOT for
Sylvan Lake Road ($492K).
Sales Tax Capital Improvements Fund (STCIF) – YTD 2026, the STCIF has collected 61% of its budgeted revenues,
and revenues exceed expenditures by $305,655. We are budgeting for year-end expenditures to exceed revenue
by ($808,520) due to planned capital project spend.
•

Sales Tax – The STCIF receives 0.5% of the 4.5% combined TOE sales tax rate. YTD 2026 sales tax is up 9%
or $75K YOY, in alignment with the increase in the General Fund.

•

Mountain Rec Capital Funds – As part of the final reconciliation of the 2025 Pool Rebuild Project, we were
able to utilize project savings to return the initial $250,000 contingency contributions from both Mountain
Rec and the Town.
3

Page 18 of 159

•

Mountain Rec Debt Service Match – This revenue aligns with our semi-annual debt service payments for
the 2025 COP issuance for the Pool Rebuild Project. Mountain Rec provides a contribution equal to 50% of
the annual debt service due.

•

Debt Proceeds & Debt Premium – This 2025 revenue was for our Pool Rebuild Project COP issuance and
will not reoccur.

Special Revenue Funds
Conservation Trust Fund (CTF) – YTD 2026, the CTF has collected 77% of its budgeted revenue. While revenues
from this fund are generally stable, they may fluctuate throughout the year based on lottery ticket sales. No
billable work has been completed to date toward the Haymaker trailhead pit toilet. No revenue variances meet
the threshold for comment.
Disposable Bag Fee Fund – The Disposable Bag Fee Fund was established in 2024 to manage fees collected under
the Colorado Plastic Pollution Reduction Act (HB 21-1162). Under this legislation, retailers retain $0.04 per bag,
and the remaining $0.06 is remitted to the Town. No revenue variances meet the threshold for comment.
Exterior Energy Offset Program (EEOP) Fund – The EEOP Fund was established in 2024 following the Town’s 2023
adoption of the 2021 International Energy Conservation Code. This fund tracks fee-in-lieu revenues collected from
residential, commercial, and governmental projects that use exterior energy sources emitting greenhouse gases
without onsite renewable energy offsets, as calculated by the EEOP tool. These revenues are expected to be onetime and irregular, as property owners have the option to install qualifying energy offsets in lieu of paying the fee.
No revenue variances meet the threshold for comment.
Open Space Fund – YTD 2026, the Open Space Fund has collected 58% of total budgeted revenues. We are
budgeting for year-end revenues to exceed expenditures by $39,768.
•

Developer Contribution – This revenue is charged according to individual development agreements.
$294,000 of the amount received in 2025 is reserved for wildlife mitigation and will be held as restricted
fund balance until it is spent per the Hockett Gulch development agreement. No contributions have been
received YTD 2026.

•

Real Estate Transfer Assessment (RETA) Fees – Please see the note in the General Fund for RETA fees. All
three RETA fees received YTD 2026 were for Haymeadow and have been applied 50% to the Open Space
Fund, per Town Council resolution.

Downtown Development Authority (DDA) Fund – YTD 2026, the DDA Fund has collected 97% of budgeted
revenues. We are budgeting for year-end expenditures to exceed revenue by ($7,253) due to planned spend
down of prior year fund balance. No revenue variances meet the threshold for comment.

Enterprise Funds
Wastewater Fund – The Wastewater Fund has collected 81% of its budgeted revenues YTD 2026, with revenues
exceeding expenditures by $1,841,328. We are budgeting for year-end revenue to exceed expenditures by
$1,148,367.
•

Plant Investment Fees (Tap Fees) – Tap fees are down (86%) or ($1.2M) YOY. YTD 2025, we had assessed
tap fees on 34 properties versus 13 properties YTD 2026.
4

Page 19 of 159

•

Intergovernmental Contribution – This revenue is the IRS tax credit we received for the solar project at
the Water and Wastewater treatment plants. Per the original project funding allocation, 85% of the
credit received was allocated to the Wastewater Fund and 15% to the Water Fund. We received the last
portion of the funding in July, for a total credit of $942,621, and do not expect any further credits.

Water Fund – The Water Fund has collected 84% of its budgeted revenues YTD 2026, with expenditures exceeding
revenues by ($1,721,279). We are budgeting for year-end expenditures to exceed revenue by ($3,013,586) due to
planned capital project spend.
•

Water Sales – In-Town and Out-of-Town Water Sales are down a combined (17%) or ($642K) YOY due to
water restrictions implemented in April 2026.

•

Water Materials & Other – Water Materials are down (62%) or ($31K) YOY. This revenue correlates to
new accounts being set up and varies year over year.

•

Plant Investment Fees (Tap Fees) – Tap fees are down (79%) or ($1.4M) YOY. YTD 2025, we had assessed
tap fees on 36 properties, including large fees for Hockett Gulch, versus 19 properties YTD 2026.

•

Intergovernmental Contribution – Please see the note in the Wastewater Fund for Intergovernmental
Contributions.

Refuse Fund – The Refuse Fund has collected 79% of its budgeted revenues YTD 2026, with revenues exceeding
expenditures by $148,687, primarily due to the timing of payments to Vail Honeywagon. Unlike water and
wastewater revenues, refuse revenue does not see large increases from developments such as Hockett Gulch and
Haymeadow, because multi-family projects do not utilize the Town’s trash service. The annual trash fee increase
reflects a 2.1% CPI adjustment. No revenue variances meet the threshold for comment.
Stormwater Fund – The Stormwater Fund has collected 76% of its budgeted revenues YTD 2026. Stormwater fee
payments are generally stable, with approximately 25% received each quarter. Unlike water and wastewater fees,
which are charged per unit, stormwater fees are charged per account. As a result, the Stormwater Fund has not
seen the same level of increase from the Hockett Gulch and Haymeadow developments. Aside from miscellaneous
repairs and maintenance, the Town is intentionally setting aside funds to support future stormwater system
improvements associated with the Grand Avenue project.
•

Stormwater Service Charges – Effective January 2026, the Town increased stormwater monthly fees from
$3.00 to $4.50 for residential units and from $6.00 to $9.00 for commercial units. Service charges are up
51% or $37K YOY due to this fee increase.

Broadband Fund – The Broadband Fund has collected 80% of its budgeted revenues YTD 2026, with revenues
exceeding expenditures by $81,926. As of April 1st, we have brought broadband billing in-house from Aspen
Wireless, which will provide better customer service and reduce Town expenses.
•

Broadband Fees Residential – Residential Broadband Fees have increased 28% or $19K YOY as the IT
team has worked to expand our customer base.

•

Broadband Fees Business – Business Broadband Fees have increased 34% or $16K YOY as the IT team has
worked to expand our customer base.

5

Page 20 of 159

TOWN OF EAGLE - GENERAL FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25
TAX REVENUE
General Property Tax
Specific Ownership
Sales Tax
Marijuana & Tobacco Sales Tax
Severance Tax
Federal Mineral Tax
Franchise Fees
Marketing Lodging Tax
TOTAL TAX REVENUE
LICENSE & PERMIT REVENUE
Business Licenses
Liquor Licenses
Tobacco & Marijuana Licenses
Building Permits
Electrical Permits
Road Cut Permits
Sign Permits
Special Event Permits
TOTAL LICENSE & PERMIT REVENUE
INTERGOVERNMENTAL REVENUE
Motor Vehicle License Fee
Highway Users Tax
Road & Bridge Fund
County Sales Tax
Grants
Intergovernmental Contributions
TOTAL INTERGOVERNMENTAL REVENUE
CHARGES FOR SERVICES
Planning & Zoning Fees
Planning & Zoning Reimbursable
Facility Usage Fees
Facility Usage Deposits
Sponsorship & Event Revenue
Broadband Middle Mile Service Fees
Real Estate Transfer Fee
TOTAL CHARGES FOR SERVICES
FINES & FORFEITURES
Fines & Forfeits
Police Surcharge
Police Miscellaneous
Police Grants
Special Duty Reimbursable
Charitable Organization Fee
TOTAL FINES & FORFEITURES
MISCELLANEOUS REVENUE
Interest & Penalties Total
Contributions & Donations
Information Center Total
Rental Income
Sale of Fixed Assets
Insurance Proceeds

$

$
$

$
$

$
$

$
$

$
$

559,082
21,078
6,454,337
731,434
63
605
125,156
204,866
8,096,620

$

$

36,220
9,136
2,500
1,004,797
52
6,532
800
25
1,060,062

$

26,074
236,902
164,908
217,055
26,206
35,713
706,858

$

24,450
105,063
64,820
2,110
4,575
23,185
179,680
403,882

$

13,946
1,800
2,133
225,366
16,325
259,570

$

249,341
4,000
46,684
35,500
5,017

$

$

$

$

$

REVISED BUDGET
UNEARNED /
UNEXPENDED

ADJUSTED
ACTUAL
9/30/26

% TO PY

616,235
19,934
7,055,931
398,793
203
553
129,562
186,322
8,407,532

110%
95%
109%
55%
323%
91%
104%
91%
104%

$

616,000
27,000
9,100,000
570,000
203
553
240,000
243,000
$ 10,796,756

$

41,226
8,714
4,500
322,903
900
850
50
379,142

114%
95%
180%
32%
0%
14%
106%
200%
36%

$

$

26,529
245,236
182,343
234,727
894
36,784
726,513

102%
104%
111%
108%
3%
103%
103%

6,850
167,070
69,158
1,644
500
16,425
26,450
288,097

28%
159%
107%
78%
11%
71%
15%
71%

$

22,820
3,115
1,619
16,291
19,149
62,994

164%
173%
76%
7%
117%
24%

$

206,503
34,825
2,221
-

83%
0%
75%
6%
0%

$

Page 1

REVISED
BUDGET

$
$

$

$

$

40,000
8,000
4,500
446,000
4,000
850
500
503,850
32,000
315,800
180,000
300,000
104,810
74,672
1,007,282
8,900
250,000
75,000
500
21,900
30,000
386,300

$

$
$

$
$

$

23,000
3,000
2,000
12,800
24,000
64,800

$

201,200
41,708
2,221
-

$

$

% TO REVISED
BUDGET

(235)
7,066
2,044,069
171,207
110,438
56,678
2,389,224

100%
74%
78%
70%
100%
100%
54%
77%
78%

(1,226)
(714)
123,097
3,100
450
124,708

103%
109%
100%
72%
23%
100%
10%
75%

5,471
70,564
(2,343)
65,273
103,916
37,888
280,769

83%
78%
101%
78%
1%
49%
72%

2,050
82,930
5,842
(1,644)
5,475
3,550
98,203

77%
67%
92%
100%
75%
88%
75%

180
(115)
381
(3,491)
4,851
1,806

99%
104%
81%
127%
80%
97%

(5,303)
6,883
-

103%
83%
100%
-

Page 21 of 159

TOWN OF EAGLE - GENERAL FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026

Other Grants
Fee in Lieu - LERP
Other Miscellaneous Revenue
TOTAL MISCELLANEOUS REVENUE
TRANSFERS FROM OTHER FUNDS
Water Fund - Computer Support
Wastewater Fund - Computer Support
Capital Improvements Fund (Devolution)
Refuse Fund
Broadband Fund - Computer Support
Bag Fee Fund
EEOP Fund
Open Space Fund - Computer Support
TOTAL TRANSFERS FROM OTHER FUNDS
TOTAL GENERAL FUND REVENUES

$
$

$

ADJUSTED
ACTUAL
9/30/25

ADJUSTED
ACTUAL
9/30/26

% TO PY

10,505
351,048

13,521
257,069

129%
73%

-

$
$

$

-

-

REVISED
BUDGET

$
$

$

13,402
258,531

REVISED BUDGET
UNEARNED /
UNEXPENDED

$
$

(119)
1,462

101%
99%
0%
0%
0%
0%
0%
0%
77%

68,255
45,503
14,000
2,844
8,532
139,134

$

68,255
45,503
14,000
2,844
8,532
139,134
3,035,304

$ 10,878,041

$ 10,121,348

93%

$ 13,156,652

$

$

$

$

$

% TO REVISED
BUDGET

EXPENDITURES
TOWN COUNCIL

76,163

96,032

126%

31,153

76%

GENERAL GOVERNMENT

470,380

278,532

59%

431,483

152,951

65%

GENERAL ADMINISTRATION

764,094

657,464

86%

923,827

266,363

71%

COMMUNITY DEVELOPMENT

925,460

916,347

99%

1,295,247

378,900

71%

MUNICIPAL COURT

55,987

64,811

116%

98,378

33,567

66%

STREETS

891,162

978,762

110%

1,525,838

547,076

64%

2,668,837

2,933,554

110%

3,877,514

943,960

76%

BUILDINGS & GROUNDS

884,659

916,417

104%

1,188,346

271,929

77%

INFORMATION CENTER

18,500

19,032

103%

28,017

8,985

68%

EVENTS

321,405

350,020

109%

444,926

94,906

79%

ENGINEERING

332,756

241,721

73%

370,533

128,812

65%

INFORMATION TECHNOLOGY

498,497

548,639

110%

914,917

366,278

60%

COMMUNICATIONS & MARKETING

39,286

141,921

361%

200,991

59,070

71%

SUSTAINABILITY

112,452

136,701

122%

194,618

57,917

70%

ECONOMIC DEVELOPMENT & HOUSING

130,578

136,821

105%

280,382

143,561

49%

TOTAL GENERAL FUND EXPENDITURES

$ 8,190,217

$ 8,416,775

103%

$ 11,902,202

$

3,485,427

71%

OPERATING INCOME / (LOSS)

$ 2,687,824

$ 1,704,573

-63%

$

$

(450,123)

136%

TRANSFERS TO OTHER FUNDS

1,597,500

-

0%

5,720,000

0%

NET SOURCE (USE) OF FUNDS

$ 1,090,324

$ 1,704,573

-156%

(6,170,123)

-38%

PUBLIC SAFETY

Page 2

127,185

1,254,450
5,720,000

$

(4,465,550)

$

Page 22 of 159

TOWN OF EAGLE - CAPITAL IMPROVEMENTS FUND (CIF)
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

REVENUES

% TO PY

105%
0%
11%
97%
23%
0%
0%
0%
29%

$

$

479,676
743,900
489,259
140,878
2,010,620
955,000
500,000
250,000
5,569,332

$

505,222
53,792
136,632
452,766
491,723
1,640,135

TOTAL CIF EXPENDITURES

$

2,430,119

$

3,233,016

NET SOURCE (USE) OF FUNDS

$

3,139,213

$ (1,592,880)

Capital Improvements Interest
Community Enhancement Interest
Community Enhancement Fund
Developer Contribution - Grand Avenue
Public Safety Impact Fees
Street Impact Fees
Use Tax
Grants
Sale of Fixed Assets
Transfer From General Fund - Grand Ave
Transfer From General Fund - Other
Transfer From Open Space
Transfer From STCIF
TOTAL CIF REVENUE

$

$

ADJUSTED
ACTUAL
9/30/26

REVISED
BUDGET

REVISED BUDGET
UNEARNED /
UNEXPENDED

% TO REVISED
BUDGET

$

$

650,000
60,000
55,438
192,928
620,966
750,000
1,500,000
4,100,000
7,929,332

$

144,778
60,000
1,646
56,296
168,200
258,277
1,500,000
4,100,000
6,289,197

133%

$

6,753,747

$

3,520,731

78%
0%
97%
71%
73%
66%
0%
0%
21%
48%

51%

$

1,175,585

$

2,768,465

-135%

TOWN OF EAGLE - SALES TAX CAPITAL IMPROVEMENTS FUND (STCIF)
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

REVENUES
Sales Tax
Grants
Mountain Rec Capital Funds
Mountain Rec Debt Service Match
Interest - ColoTrust
ColoTrust Interest - Project Fund
Contributions & Donations
Debt Proceeds
Debt Premium
Miscellaneous Revenue
Insurance Proceeds
TOTAL STCIF REVENUE

$

806,792
23,776
65,107
51,614
500
8,805,000
378,947
$ 10,131,736

TOTAL STCIF EXPENDITURES

$

NET SOURCE (USE) OF FUNDS

$

ADJUSTED
ACTUAL
9/30/26
$

REVISED
BUDGET

% TO PY

109%
426%
129%
18%
0%
0%
0%
9%

$

$

881,991
(250,000)
101,338
84,288
9,037
116,028
942,681

6,675,315

$

637,026

3,456,421

$

305,655

Page 3

REVISED BUDGET
UNEARNED /
UNEXPENDED
$

$

1,127,000
(250,000)
346,081
90,000
222,500
1,535,581

10%

$

-9%

$

% TO REVISED
BUDGET

$

245,009
244,744
5,712
(9,037)
106,472
592,900

78%
100%
29%
94%
52%
61%

2,344,101

$

1,707,075

27%

(808,520)

$

(1,114,175)

-38%

Page 23 of 159

TOWN OF EAGLE - SPECIAL REVENUE FUNDS - CONSERVATION TRUST FUND (CTF)
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

ADJUSTED
ACTUAL
9/30/26

% TO PY

Lottery Proceeds
Conservation Trust Interest
TOTAL CTF REVENUE

$ 31,274
9,204
$ 40,478

$ 32,061
9,644
$ 41,705

103%
105%
103%

$

TOTAL CTF EXPENDITURES

$

$

NET SOURCE (USE) OF FUNDS

$ 40,478

REVENUES

-

-

$ 41,705

REVISED BUDGET
UNEARNED /
UNEXPENDED

REVISED
BUDGET

$

$

42,000
12,000
54,000

$

9,939
2,356
12,295

-

$

-

$

-

103%

$

54,000

$

12,295

% TO
REVISED
BUDGET
76%
80%
77%
77%

TOWN OF EAGLE - SPECIAL REVENUE FUNDS - DISPOSABLE BAG FEE FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

ADJUSTED
ACTUAL
9/30/26

Disposable Bag Fee
Sponsorship & Event Revenue
Transfer from General Fund

$

$

TOTAL BAG FEE FUND REVENUE

$

4,917
4,917

TOTAL BAG FEE FUND EXPENDITURES

$

9,018

NET SOURCE (USE) OF FUNDS

$ (4,100)

REVENUES

REVISED
BUDGET

% TO PY

$

4,575
3,800
8,375

93%
170%

$

9,853

$ (1,478)

$

REVISED BUDGET
UNEARNED /
UNEXPENDED

% TO
REVISED
BUDGET

$

57%
100%
71%

$

8,000
3,800
11,800

$

3,425
3,425

109%

$

9,853

$

0

100%

36%

$

1,947

$

3,425

-76%

TOWN OF EAGLE - SPECIAL REVENUE FUNDS - EXTERIOR ENERGY OFFSET PROGRAM (EEOP) FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

ADJUSTED
ACTUAL
9/30/26

Exterior Energy Offset Program
Transfer from General Fund

$

TOTAL EEOP FUND REVENUE

$ 20,197
$ 20,197

TOTAL EEOP FUND EXPENDITURES

$

NET SOURCE (USE) OF FUNDS

$ 20,197

REVENUES

-

% TO
REVISED
BUDGET

$
$

20,000
20,000

100%
0%
32%

$

9,346
20,000
29,346

$ 10,000

-

$

40,000

$

30,000

25%

$

-3%

$ (10,654)

$

(10,000)

6%

(654)

Page 4

$

REVISED BUDGET
UNEARNED /
UNEXPENDED

46%
46%

$

9,346
9,346

REVISED
BUDGET

% TO PY

Page 24 of 159

TOWN OF EAGLE - SPECIAL REVENUE FUNDS - OPEN SPACE FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

ADJUSTED
ACTUAL
9/30/26

% TO PY

REVISED
BUDGET

Lodging Tax
Penalty & Interest
Open Space Interest
Usage Fees
Open Space - Clean Up
Grants
Developer Contribution
Intergovernmental Contribution
Real Estate Transfer Fee
Miscellaneous
Transfer From General Fund
TOTAL OPEN SPACE FUND REVENUE

$ 204,866
1,669
28,498
369,660
142,500
$ 747,193

$ 186,321
995
38,139
11,746
26,450
$ 263,653

91%
60%
134%
0%
0%
35%

$ 243,000
980
45,000
16,513
20,000
30,000
100,000
$ 455,493

TOTAL OPEN SPACE FUND EXPENDITURES

$ 163,549

$ 281,562

172%

NET SOURCE (USE) OF FUNDS

$ 583,644

$ (17,909)

-3%

REVENUES

REVISED BUDGET
UNEARNED /
UNEXPENDED

% TO
REVISED
BUDGET

$

$

56,679
(15)
6,861
4,767
20,000
3,550
100,000
191,840

77%
102%
85%
71%
0%
88%
0%
58%

$ 415,725

$

134,163

68%

$

$

57,677

-45%

39,768

TOWN OF EAGLE - SPECIAL REVENUE FUNDS - DOWNTOWN DEVELOPMENT AUTHORITY (DDA) FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

ADJUSTED
ACTUAL
9/30/26

% TO PY

TIF PROPERTY TAXES
GRANTS
DDA INTEREST
MISCELLANEOUS
TRANSFER FROM GENERAL FUND
TOTAL DDA FUND REVENUE

$ 41,418
34,114
1,899
$ 77,431

$ 25,692
18,386
1,178
$ 45,256

62%
54%
62%
58%

$

TOTAL DDA FUND EXPENDITURES

$ 57,719

$ 26,448

NET SOURCE (USE) OF FUNDS

$ 19,712

$ 18,808

REVENUES

Page 5

REVISED
BUDGET

REVISED BUDGET
UNEARNED /
UNEXPENDED

% TO
REVISED
BUDGET

$

99%
100%
47%
97%

$

26,000
18,386
2,500
46,886

$

308
1,322
1,630

46%

$

54,139

$

27,691

49%

95%

$

(7,253)

$

(26,061)

-259%

Page 25 of 159

TOWN OF EAGLE - ENTERPRISE FUNDS - WASTEWATER FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026
ADJUSTED
ACTUAL
9/30/25

ADJUSTED
ACTUAL
9/30/26

% TO PY

Wastewater Sales
Plant Investment Fees (Tap Fees)
Wastewater Interest
Grants
Premium Accretion
Intergovernmental Contribution
Miscellaneous
Refinancing Credit 1997 Bond
Insurance Proceeds
TOTAL WASTEWATER REVENUE

$ 2,682,051
1,335,020
358,060
$ 4,375,131

$ 2,779,389
182,497
401,549
801,228
$ 4,164,663

104%
14%
112%
95%

TOTAL WASTEWATER EXPENDITURES

$ 2,278,663

$ 2,323,334

NET SOURCE (USE) OF FUNDS

$ 2,096,468

$ 1,841,328

REVENUES

REVISED
BUDGET

$

$

3,600,000
265,000
450,000
801,228
5,116,228

102%

$

88%

$

REVISED BUDGET
UNEARNED /
UNEXPENDED
$

% TO REVISED
BUDGET

$

820,611
82,503
48,451
951,565

77%
69%
89%
100%
81%

3,967,861

$

1,644,527

59%

1,148,367

$

(692,961)

160%

TOWN OF EAGLE - ENTERPRISE FUNDS - WATER FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026

REVENUES

ADJUSTED
ACTUAL
9/30/25
$

ADJUSTED
ACTUAL
9/30/26

% TO PY

Debt Service Surcharge
Water Sales - In Town
Water Sales - Out Of Town
Water Sales - Fill Station
Water Materials & Other
Plant Investment Fees (Tap Fees)
Plant Investment Fees (Developer)
Water Rights
Water Fund Interest
Grants
Unrealized (Gain)/Loss
Service Charge
Insurance Proceeds
Reimbursable Income
Bond Premium
Intergovernmental Contribution
Developer Contribution
Water Miscellaneous
Transfer from Broadband Fund (Internal Loan)
TOTAL WATER REVENUE

359,008
3,397,648
476,411
13,697
49,678
1,813,819
114,000
655,585
17,035
1,176
$ 6,898,058

363,214
2,792,542
439,093
26,925
18,944
388,882
577,385
30,616
141,393
2,065
$ 4,781,059

101%
82%
92%
197%
38%
21%
0%
88%
180%
176%
69%

TOTAL WATER EXPENDITURES

$ 5,912,527

$ 6,502,338

NET SOURCE (USE) OF FUNDS

$

$ (1,721,279)

985,531

$

Page 6

REVISED
BUDGET

$

$

480,000
3,400,000
550,000
24,400
506,800
550,000
30,000
141,393
5,682,593

110%

$

-175%

REVISED BUDGET
UNEARNED /
UNEXPENDED
$

% TO REVISED
BUDGET

$

116,786
607,458
110,907
(26,925)
5,456
117,918
(27,385)
(616)
(2,065)
901,534

76%
82%
80%
78%
77%
105%
102%
100%
84%

8,696,179

$

2,193,841

75%

$ (3,013,586)

$

(1,292,307)

57%

Page 26 of 159

TOWN OF EAGLE - ENTERPRISE FUNDS - REFUSE FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026

REVENUES
Trash Fees
Yardwaste Fees
Admin Fee
Interest
TOTAL REFUSE REVENUE

ADJUSTED
ACTUAL
9/30/25

$

ADJUSTED
ACTUAL
9/30/26

% TO PY

102%
100%
100%
82%
102%

$

$

769,522
31,960
23,078
11,846
836,405

$

786,682
32,092
23,161
9,709
851,644

TOTAL REFUSE EXPENDITURES

$

685,083

$

702,957

NET SOURCE (USE) OF FUNDS

$

151,322

$

148,687

REVISED
BUDGET

$

$

990,000
42,600
30,500
12,000
1,075,100

103%

$

-98%

$

REVISED BUDGET
UNEARNED /
UNEXPENDED
$

% TO REVISED
BUDGET

$

203,318
10,508
7,339
2,291
223,456

79%
75%
76%
81%
79%

1,084,837

$

381,880

65%

(9,737)

$

(158,424)

-1527%

TOWN OF EAGLE - ENTERPRISE FUNDS - STORMWATER FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026

REVENUES
Stormwater Service Charges
Interest
Miscellaneous
Service Charge
Gain/Loss On Equip Disp
Transfer from General Fund
TOTAL STORMWATER REVENUE

ADJUSTED
ACTUAL
9/30/25

$

ADJUSTED
ACTUAL
9/30/26

% TO PY

151%
131%
149%

$

71,368
8,240
79,608

$

108,035
10,775
118,809

TOTAL STORMWATER EXPENDITURES

$

18,547

$

247,357

NET SOURCE (USE) OF FUNDS

$

61,060

$

(128,548)

$

Page 7

REVISED
BUDGET

$

$

143,250
14,000
157,250

1334%

$

-211%

$

REVISED BUDGET
UNEARNED /
UNEXPENDED
$

% TO REVISED
BUDGET

$

35,216
3,225
38,441

75%
77%
76%

289,173

$

41,816

86%

(131,923)

$

(3,375)

97%

Page 27 of 159

TOWN OF EAGLE - ENTERPRISE FUNDS - BROADBAND FUND
REVENUES & EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE PERIOD ENDING SEPTEMBER 30, 2026

REVENUES
Franchise Fees
Broadband Fees - Residential (In Town)
Broadband Fees - Residential (Out of Town)
Broadband Fees - Business
Broadband Installation Fees
Interest
Broadband Fees - Miscellaneous
Debt Proceeds
Transfer In from Water Fund (Internal Loan)
TOTAL BROADBAND REVENUE

ADJUSTED
ACTUAL
9/30/25

$

ADJUSTED
ACTUAL
9/30/26

% TO PY

151%
128%
134%
357%
13023%
138%

$

28,533
66,759
45,724
592
19
141,628

$

43,187
85,542
630
61,215
2,116
2,522
195,213

TOTAL BROADBAND EXPENDITURES

$

114,350

$

113,287

NET SOURCE (USE) OF FUNDS

$

27,278

$

81,926

$

Page 8

REVISED
BUDGET

$

$

53,000
115,000
900
70,000
1,241
3,000
243,141

99%

$

300%

$

REVISED BUDGET
UNEARNED /
UNEXPENDED

$

% TO REVISED
BUDGET

$

9,813
29,458
270
8,785
(875)
478
47,929

81%
74%
70%
87%
171%
84%
80%

217,759

$

104,472

52%

25,382

$

(56,544)

323%

Page 28 of 159

Quarterly Capital Projects Report
BACKGROUND: The purpose of this quarterly report is to provide consistent and transparent updates on the progress of Town capital projects. Our goal is to
enhance communication with Town Council and foster trust and confidence within the community. This collaborative effort includes regular updates from all
departments and enables us to address challenges related to project management, budgeting, and communication. This report includes capital projects budgeted
for the current year as well as prior year projects that were not completed before year-end and have been rolled into 2026 via the supplemental budget process.

GUIDELINES:
1. Staff will provide a quarterly report to Council that includes the following information:
•     All Town Capital Projects by Fund and Department
•     Staff Lead for each project
•     Original and revised budgets for each project
•     Year to date (YTD) actual amounts for each project and budget to actual variances
•     Current status of each project as defined in the "Project Status List"
•     Estimated completion date for the current status of the project
•     Estimated completion date for the entire project
•     Notes to Council regarding project status, including delays and changes in scope

2. Finance Role & Responsibilities:
•     Update YTD budget and actual project spend, on a quarterly basis.
•     Collaborate with Staff Leads to provide necessary status updates as outlined below.
•     Finalize the report and submit it to the Council Packet.

3. Project Staff Lead Role & Responsibilities:
•     Review and validate budget and actual amounts provided by Finance.
•     Provide the following information to Finance:
•     Project Status: Identify the current status of each project as of quarter end. There will be a new column for each quarter so that staff, Council, and the
Community can see the progression of each project. Project Statuses are shown below.
•     Estimated Status Completion Date: Identify the estimated completion date for the current status of the project. If the project status has changed from
the prior quarter, identify a new estimated completion date for the current status of the project.
•     Estimated Project Completion Date: At the beginning of the project, an "Estimated Project Completion Date" will be identified. Should this estimate
change, it must be updated in the report.
•     Notes: Staff does not need to provide notes every quarter unless there is something that Council should be aware of; however, if an estimated
completion date has changed, you must include the reasoning why. Please be concise. If Staff need to provide extensive information regarding a
particular project, that can be accomplished in the monthly Council Staff Reports, or through a regular business item on the agenda.

Project Status List:

Page 29 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

All Funds

Fund

Dept

Project

Capital Imp Fund

Admin

Pool and Ice Capital Improvements Funding

Capital Imp Fund

Admin

Capital Imp Fund

B&G

Capital Imp Fund

B&G

Capital Imp Fund

Econ Dev Housing

Capital Imp Fund

Fleet

Capital Imp Fund

Fleet

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2026 YTD
Actual

Budget to YTD
Actual Variance

Q1 Status

Q2 Status

Q3 Status

Est. Status
Completion Date

Est. Project
Completion Date

Status Notes

50,000

50,000

50,000

50,000

- Complete

Complete

Complete

3/5/26

215 Capitol Street

-

-

145,000

145,000

- Not Started

Not Started

Planning

12/31/26

12/31/28 Earnest Money paid 08/26

Public Works Office Remodel (Increased budget)

-

30,000

45,000

-

45,000 Planning

12/31/26

15,000

15,000

456

14,544 Not Started

55,000

120,000

36,000

-

36,000 Design - 90%

-

-

69,000

80,000

80,000

85,000

Procurement - Bid
64,000
Evaluation
Procurement 187,557
Ordered

Construction Mobilization
Construction Execution
Procurement - Bid
Evaluation
Construction Execution
Procurement Ordered
Procurement Ordered
Construction Execution
Construction Mobilization

10/31/26

15,000

Procurement - Bid
Evaluation
Construction Execution
Procurement - Bid
Preparation
Construction Execution
Procurement Contract Approval
Procurement - Bid
Preparation
Construction Execution

Burger King ROW Irrigation Conversion
Townwide Wayfinding Improvement Project implementation based on
findings from Wayfinding Study
Public Safety: Patrol Vehicles - (4) Ford F-150 First Responders and (1) Ford F150 Code Enforcement Truck Ancillary Equipment Only
B&G: Ford F-350 or Similar 1 Ton Flat Bed / Tommy Gate / Plow

Capital Imp Fund

Fleet

B&G: John Deere 301- A Tractor / Kubota ATV

Capital Imp Fund

Fleet

Capital Imp Fund

69,000
-

Procurement Ordered

85,000 Design - 90%

10/31/26
11/30/26

3/5/26 Transfer of funds to the Eagle Rec Advisory Corp

Staff demo work + contractor for build work; rolling over unused 2025
funds
Coordinating with ANB developer. Reseeding remaining to be
12/31/26
completed.
Design documents are complete; working on procurement and
12/31/27
implementation timing. Will likely need to roll funds to 2027.

9/30/26

9/30/26 Final upfitting occurring

10/31/26

12/31/26 Equipment has been ordered

10/31/26

12/31/26 Equipment has been ordered

9/30/26

9/30/26 Final upfitting occurring

10/31/26

12/31/26 Coordinating with PW office rebuild

-

64,000

64,000

-

Public Safety: Patrol Vehicles - (4) Ford F-150 First Responders and (1) Ford F150 Code Enforcement Truck Vehicle Upfit Amount

588,966

588,966

513,000

325,443

IT

IT Equipment Racks: PW Office Remodel, W/WW & Town Hall

13,000

28,500

28,500

-

28,500 Not Started

Planning

Capital Imp Fund

IT

Recommended Security Upgrades for Town Hall & Public Works

20,000

20,000

20,000

-

20,000 Not Started

Not Started

Not Started

12/31/26

12/31/26

Capital Imp Fund

IT

Expanding Public Wi-Fi

13,495

13,495

13,495

-

13,495 Planning

Planning

Procurement Received

11/30/26

12/31/26 Hardware has been received; need staff time to swap out units

Capital Imp Fund

Streets

Sylvan Lake Road Bike & Ped Safety Improvements (Reduced Budget)

-

25,000

10,000

3,380

6,620 Project Closeout

Project Closeout

Project Closeout

12/31/26

12/31/26

Capital Imp Fund

Streets

Aidans Meadow RRFB (Transferred budget from Capitol St)

-

-

14,000

14,000 Not Started

Not Started

Not Started

12/31/26

12/31/26 Pending Council approval to begin

Construction Execution

Construction Execution

10/31/26

12/31/26 In process - scheduled to wrap up by year-end

Design - 60%

3/31/27

12/31/29 Currently at 60% Design working toward 90% for Phase 1 Broadway

10/31/26

12/31/26

11/30/26

12/31/26 Equipment has been ordered

2,637,000

2,738,000

2,724,000

1,108,814

Construction 1,615,186
Execution

1,000,000

1,300,000

800,000

411,219

388,781 Design - 60%

Design - 60%

BCRE: Grand Avenue Grill Demo & Parking Lot

50,000

50,000

100,000

-

100,000 Not Started

Not Started

Streets

908 High Flow Snow Blower Attachment (Rolled over from 2025)

15,000

15,000

15,000

-

15,000

Capital Imp Fund

Sustainability

Building Electrification Info Center: Building Envelope Non-Capital

-

-

6,188

5,886

302 Design - 90%

Capital Imp Fund

Sustainability

Building Electrification Pavilion & Studio: Building Envelope and Solar PV

167,529

167,529

86,061

76,605

9,456 Design - 90%

Capital Imp Fund

Sustainability

Building Electrification Public Works: Building Envelope and Solar PV

51,736

51,736

221,270

101,340

119,930 Design - 90%

Capital Imp Fund

Sustainability

Building Electrification Town Hall: Building Envelope and Solar PV, and
Communication Tower Replacement

1,781,563

1,804,563

1,673,233

1,004,409

668,824 Design - 90%

Open Space Fund

Econ Dev Housing

Open Space Wayfinding Signage and Information project

15,000

15,000

4,500

31

4,469 Design - 90%

Capital Imp Fund

Streets

Capital Imp Fund

Streets

Capital Imp Fund

Streets

Capital Imp Fund

Open Space Fund

Street Replacement: Capitol Street: 2nd to 5th Street & Fourth Street:
Broadway to Howard (was $2,000,000 in original approved budget)
Grand Avenue Improvements (includes Conduit with Fiber) - Moved $500K
from 2026 to 2027 per consultant

Procurement - Bid
Evaluation

Construction 1,719
Execution
Construction 0
Execution

Fleet

Open Space: Vehicle Fleet Replacement (Pickup - Reduced Budget)

45,000

45,000

36,500

34,781

Open Space Fund

Open Space

Restoration Project/Habitat Improvements on Open Space (Brush Creek and
Hernage Creek)

-

49,002

31,850

31,850

Open Space Fund

Open Space

Eagle Ranch Wildlife Trust Fence Replacement (Portion Moved to 2027)

-

-

20,000

-

20,000 Not Started

Refuse Fund

IT

Oil Drop Site: Security Camera and License Plate Reader

-

29,170

29,170

34

Sales Tax CIF

Admin

Eagle Pool Rebuild

-

1,381,130

582,000

Sales Tax CIF

Admin

Nogal Park: Playground ($1M in 2028 would hopefully have offsetting grant
revenue)

500,000

500,000

50,000

Procurement - Bid
Evaluation
Construction Execution
Construction Execution
Construction Execution
Construction Execution
Procurement - Bid
Preparation
Construction Execution

Procurement - Bid
Preparation
Procurement Ordered
Construction Execution
Construction Execution
Construction Execution
Construction Execution
Procurement - Bid
Evaluation
Construction Execution

Project Closeout

11/30/26
11/30/26
11/30/26
11/30/26
11/30/26

Timing dependent on coordination with Lt. Causey, may not be able to
be completed until 2027

Grant reimbursement will need to occur with CDOT - 1
submitted/received ($492K) and 1 more to follow

RFP will be issued in October with goal to complete by year-end,
pending vendor availability.

Work in process; will need to roll funds to complete closeout to 2027
budget
Work in process; will need to roll funds to complete closeout to 2027
3/31/27
budget
Work in process; will need to roll funds to complete closeout to 2027
3/31/27
budget
Work in process; will need to roll funds to complete closeout to 2027
3/31/27
budget
Design documents are complete; working on procurement and
12/31/27
implementation timing. Will likely need to roll funds to 2027.
3/31/27

10/31/26

12/31/26 Tires will be purchased in October

Complete

8/31/26

8/31/26

Not Started

Planning

6/30/2027

6/30/2027

29,136 Planning

Planning

Procurement Contract Approval

11/30/26

12/31/26 Staff will order cameras; project will likely come in under budget

89,081

492,919 Project Closeout

Project Closeout

Project Closeout

11/30/26

12/31/26 Remaining COP Proceeds to be used for debt repayment

1,998

48,003 Design - 90%

Design - 90%

Design - 90%

12/31/26

6/30/27 Construction will start in 2027; potential for a GOCO Grant

10/13/26

12/31/26

11/30/26

12/31/26 Using excess funds for tree planting in November

11/30/26

12/31/26

Sales Tax CIF

B&G

Sidewalk/Trail: Cemetery Connection to Terrace

125,000

203,000

203,000

-

Sales Tax CIF

B&G

Dog Park Improvements

45,000

45,000

45,000

38,175

Sales Tax CIF

B&G

Park Restroom Improvements: Town Park Non-Insurance Costs

100,000

100,000

100,000

3,482

Sales Tax CIF

B&G

Park Restroom Improvements: Town Park Insurance Claim Repairs

-

-

197,500

179,459

Stormwater Fund

Stormwater

Capitol Street Stormwater Improvements

250,000

250,000

250,000

243,847

Wastewater Fund

Wastewater

GIS Collection Unit Equipment

24,000

-

203,000 Not Started

Not Started

Construction Mobilization
Construction 96,518
Execution
Construction 18,041
Execution
Construction 6,153
Execution

Construction Execution
Construction Execution
Construction Execution
Construction Execution

24,000 Not Started

Not Started

6,825

Construction Mobilization
Construction Execution
Construction Execution
Construction Execution
Construction Execution
Procurement - Bid
Preparation

11/30/26

Eagle Ranch Wildlife Committee meeting with Staff to determine
schedule

Construction to start 10/13/26. Added unused 2025 Nogal Trail
funding

Insurance has funded $116K; upgrades are still planned to come from
the $100K CIP budget
Insurance has funded $116K; upgrades are still planned to come from
12/31/26
the $100K CIP budget

10/31/26

12/31/26 In process

12/31/26

12/31/26 Quotes being compiled; plan to receive by end of year

Page 30 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

All Funds

Fund

Dept

Wastewater Fund

Wastewater

Project
Scum Pump Replacement

Wastewater Fund

Wastewater

Nutrient Criteria Nitrogen

Wastewater Fund

Wastewater

Brush Creek and Eagle River Temperature Monitoring Stations (Increased
Budget)

2026 Orig
Budget

2026 Rev
Budget 05/26
-

-

2026 Final YE
Budget
21,098

2026 YTD
Actual

Budget to YTD
Actual Variance

21,097

9,550,000

600,000

309,513

290,487 Design - 90%

-

100,000

125,000

86,370

38,630

Wastewater

Headworks Screen

211,000

211,000

75,000

-

Wastewater Fund

Wastewater

Process Building: Fire Alarms

10,000

10,000

10,000

-

Water Fund

Fleet

Water: Ford F-350 (2026 - Updated from F-150)

85,000

90,000

89,069

89,069

Sustainability

Building Electrification UBWTP: Building Envelope

Water Fund

Water

Water Fund
Water Fund

10,000 Design - 30%
0

Procurement Ordered

-

12,279

11,942

Lower Eby Creek Tank and Booster Pump Station Replacement (Increased
Budget)

150,000

1,668,976

1,696,878

1,476,878

220,000

Water

Brush Creek Transmission Main: Phase III (Increased Budget)

180,000

670,367

770,367

546,452

223,915 Project Closeout

Water

Grand Avenue Water Infrastructure Improvements (Moved to 2028)

30,000

30,000

30,000

20,723

9,277 Design - 60%

Water

LBWTP: Raw Water Lift Station Irrigation Pump

-

-

18,970

4,236

Water Fund

Water

Lower Eby Creek Tank Coating

-

100,000

15,600

15,600

Water Fund

Water

LBWTP: Drying Bed Waterproofing Membranes

-

50,000

29,655

29,655

Water Fund

Water

PLC Upgrades: UBWTP, Highlands, & Frost Creek

-

193,782

193,782

60,425

Water Fund

Water

Cemetery Tank

250,000

600,000

600,000

543,386

337 Design - 90%
Construction Execution

14,734 Not Started
- Project Closeout

Q2 Status
Procurement Received
Procurement Contract Approval
Procurement Ordered
Procurement - Bid
Preparation
Procurement Contract Approval
Procurement Ordered
Construction Execution

Q3 Status

Est. Status
Completion Date

Est. Project
Completion Date

Status Notes

Complete

5/31/26

5/31/26 Purchased May 2026

Procurement Contract Approval

1/31/27

12/31/27

Project Closeout

12/31/26

12/31/26 Waiting on confirmation from Eagle County to close the permit

11/30/26

12/31/28 Preparing to post on bidnet

11/30/26

12/31/26 Working on revised plan to meet GEFPD needs

Complete

8/31/26

12/31/26 Complete

Construction Execution

11/30/26

Project Closeout

Project Closeout

12/31/26

Project Closeout

Project Closeout

12/31/26

12/31/26 Waiting on County for grading permit to close out project this year

Design - 60%

Design - 60%

3/31/27

12/31/29 Waiting on staff input for design

Not Started

Procurement - Bid
Preparation

12/31/26

3/31/27 Some portion TBD will be moved to 2027 Budget

Project Closeout

Complete

9/30/26

9/30/26 Complete

Procurement - Bid
Preparation
Procurement Contract Approval

Waiting on CDPHE for engineering and permit approval to start
construction

Work in process; will need to roll funds to complete closeout to 2027
budget
Project is at substantial completion; should be complete by end of
12/31/26
year. Waiting on Eagle County ROW permit and revegetation
3/31/27

Procurement - Bid
Preparation
Construction 133,357
Execution

Procurement - Bid
Evaluation
Construction Execution

Complete

9/30/26

9/30/26 Complete

Construction Execution

12/31/26

12/31/26 Should be complete by year-end

56,614 Project Closeout

Project Closeout

Project Closeout

11/30/26

11/30/26 Substantial completion; waiting on revegetation

Construction Execution

10/31/26

12/31/26 Installation complete but phone lines need adjusted

UBWTP: Fire Alarms

-

10,000

10,000

-

10,000 Design - 30%

Procurement Contract Approval

Water

UBWTP: Pretreatment Valve and Actuator

-

20,000

20,000

-

20,000 Project Closeout

Project Closeout

Project Closeout

11/30/26

12/31/26 Equipment startup will need to happen in the fall before completion

Water

Water Line: Downtown Distribution Capitol Street: 2nd to 5th Street & Fourth
Street: Broadway to Howard

Construction 592,007
Execution

Construction Execution

Construction Execution

10/31/26

12/31/26 In process - scheduled to wrap up by year-end

Water Fund

Water

Water Fund

Total

Procurement - Bid
Evaluation
Procurement - Bid
75,000
Preparation

-

Water Fund

Water Fund

1 Not Started

9,550,000

Wastewater Fund

Water Fund

Q1 Status

53

1,300,000

1,300,000

1,300,000

707,993

19,384,289

24,383,216

13,924,965

7,778,629

6,146,336

Page 31 of 159

Capital Improvement Plan Summary 2026 - 2035
Total Budgets by Fund

Row Labels
Capital Imp Fund
Conservation Trust Fund
Open Space Fund
Refuse Fund
Sales Tax CIF
Stormwater Fund
Wastewater Fund
Water Fund
Grand Total

2026 Final Total
6,733,747
92,850
29,170
1,177,500
250,000
855,098
4,786,600
13,924,965

2027 Total
5,517,622
308,000
458,000
1,200,000
6,345,000
1,246,030
15,074,652

2028 Total
17,321,517
142,500
1,300,000
8,785,000
3,485,000
31,034,017

2029 Total
19,094,067
270,000
500,000
638,141
1,785,000
12,945,000
35,232,208

2030 Total
23,894,325
30,000
869,666
1,355,000
7,245,000
33,393,991

TOTAL 5-YR
72,561,278
308,000
993,350
29,170
4,177,500
1,757,807
19,125,098
29,707,630
128,659,833

TOTAL 10-YR
98,590,987
308,000
1,503,350
29,170
4,177,500
1,757,807
69,414,665
50,692,630
226,474,109

Note: Total est. budget for Grand Avenue is $73M ($67M from the Capital Improvements Fund, $1.3M from Stormwater, $1.8M from Wastewater & $2.7M
from Water).

2026 Original vs. Final Budgets
Row Labels
Capital Imp Fund
Conservation Trust Fund
Open Space Fund
Refuse Fund
Sales Tax CIF
Stormwater Fund
Wastewater Fund
Water Fund
Grand Total

2026 Total
8,249,085
220,256
770,000
250,000
9,851,000
2,972,500
22,312,841

Total Budgets by Department

Row Labels
Admin
B&G
Econ Dev Housing
Fleet
IT
Open Space
Public Safety
Stormwater
Streets
Sustainability
Wastewater
Water
Grand Total

2026 Final Total
827,000
605,500
40,500
856,569
91,165
51,850
250,000
3,663,000
1,999,031
855,098
4,685,252
13,924,965

2026 Rev.
Total
8,619,405
152,000
269,258
29,170
2,229,130
250,000
9,951,000
5,159,027
26,658,990

2026 Final
Total
6,733,747
92,850
29,170
1,177,500
250,000
855,098
4,786,600
13,924,965

2027 Total
1,415,000
220,000
194,500
1,348,720
221,438
515,500
13,338
2,549,854
1,620,272
6,335,000
641,030
15,074,652

2028 Total
1,915,000
375,000
1,151,000
82,500
15,140,517
2,970,000
7,785,000
1,615,000
31,034,017

2029 Total
815,000
100,000
1,831,000
270,000
638,141
16,843,067
100,000
1,785,000
12,850,000
35,232,208

2030 Total
165,000
4,730,855
1,057,000
21,500
30,000
869,666
18,014,970
1,355,000
7,150,000
33,393,991

TOTAL 5-YR
5,137,000
6,031,355
235,000
6,244,289
334,103
949,850
13,338
1,757,807
56,211,408
6,689,303
18,115,098
26,941,282
128,659,833

TOTAL 10-YR
5,962,000
6,031,355
235,000
6,244,289
354,103
1,459,850
13,338
1,757,807
81,396,117
6,689,303
68,404,665
47,926,282
226,474,109

Page 32 of 159

Town of Eagle
Sales Tax Report
Finance Department
Q3 2026: Revenue Received in August, September, & October 2026

1

Page 33 of 159

Reminder: Change to Reporting
Previously, we reported sales tax received in the GL for the period indicated as well as sales tax earned
by filing period, in the same quarterly report. Going forward, we have reworked the report to only show
sales tax received in the GL for the period indicated.
The Finance team would like to thank Mark Herota for leading this project and spending many
hours reworking the report, including pulling years of past data!
Why did we make this change?
•
•
•
•

Eliminate confusion from reporting two different data sets and increase community understanding of our sales tax
revenue.
Previously, we could not report sector or location data for the sales tax received in our GL, which made it difficult to
compare YOY tax received by source.
Sales tax earned by filing period pulled in data from all prior periods that were paid late, so the numbers changed in
each report and were not always useful to analyze trends.
Because we receive funds two months delayed from the filing period, we couldn’t complete this report until the
second month after the quarter end. We will now be able to complete this report the first month after the quarter
end, coinciding with our other quarterly reports.

2

Page 34 of 159

Total Sales Tax Received
Sales Categories
•
•
•

Online Sales
Motor Vehicle Sales
Everything Else

Yellow highlighting indicates that the category increased YOY

These numbers reconcile to actual funds received and recorded in Caselle in August, September
and October 2026. Revenue received is for all filing periods up to and including August 2026,
because we receive funds two months after the filing period.
3

Page 35 of 159

ANNUAL TOTAL SALES TAX INCLUDING MOTOR VEHICLES
2007-2026
2026 YTD Incr. 9.3% over 2025 or $677K
REVENUE PERIOD TOTALS
*2016 - PRESENT INCLUDES 0.5% SALES TAX INCREASE
2026

$7,937,922

2025

$9,919,053

2024

$9,449,943

2023

$9,333,131

2022

$8,986,714

2021

$7,820,361

2020

$6,687,945

2019

$5,609,011

2018

$4,808,585

2017

$4,527,577

2016

$3,934,369

2015

$3,350,365

2014

$3,003,365

2013

$3,041,308

2012

$2,784,795

2011

$2,712,575

2010

$2,667,847

2009

$2,775,465

2008

$3,194,946

2007

$3,215,369
$-

$2,000,000
4

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

Total
Page 36 of 159

TOTAL SALES TAX BY QUARTER INCLUDING MOTOR VEHICLES
2017-2026
REVENUE PERIOD TOTALS
$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
5

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

$1,063,301
$1,046,588
$1,289,013
$1,128,675

$1,178,719
$1,162,266
$1,260,442
$1,207,159

$1,216,660
$1,265,853
$1,509,011
$1,617,487

$1,524,520
$1,555,472
$1,730,598
$1,877,355

$1,798,370
$1,838,623
$2,067,913
$2,115,455

$2,082,888
$2,088,121
$2,516,655
$2,299,051

$2,177,138
$2,259,724
$2,619,814
$2,276,455

$2,360,246
$2,164,519
$2,436,291
$2,488,887

$2,318,216
$2,354,029
$2,588,885
$2,657,924

$2,636,742
$2,524,152
$2,777,029

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER
Page 37 of 159

ONLINE SALES TAX BY QUARTER
2017-2026
REVENUE PERIOD TOTALS
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
6

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

$17,179
$16,876
$15,759
$18,013

$24,250
$10,047
$20,631
$18,402

$41,364
$54,246
$70,029
$84,984

$126,299
$225,510
$150,797
$174,102

$200,373
$199,020
$232,192
$222,896

$264,177
$266,072
$306,341
$309,340

$286,437
$326,860
$299,787
$298,504

$329,524
$316,560
$300,503
$317,880

$293,092
$328,855
$376,634
$355,510

$390,582
$412,350
$419,891

FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
Online sales are included in the retail and out of area sectors.

YOY Incr. 23% or $224K
Page 38 of 159

MOTOR VEHICLE SALES TAX BY QUARTER
2017-2026
REVENUE PERIOD TOTALS
40000
35000
30000
25000
20000
15000
10000
5000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
7

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

$1,954
$1,426
$9,760
$9,628

$7,532
$9,794
$4,799
$13,606

$18,717
$6,652
$16,033
$20,077

$10,021
$4,285
$5,974
$7,717

$21,075
$14,647
$12,937
$20,237

$16,374
$23,142
$35,155
$25,283

$14,385
$20,087
$7,357

$4,654

$172
$1,677
$3,338
$6,950

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Decr. (44%) or ($33K)

Page 39 of 159

Sales Tax Received by Sector
Sector Categories
•
•
•
•
•
•
•
•

Retail
Food
Restaurants & Bars
Liquor Stores
Lodging
Utilities
Automotive
Building / Construction

Yellow highlighting indicates that the category increased YOY

These numbers reconcile to actual funds received and recorded in Caselle in August, September and
October 2026. Revenue received is for all filing periods up to and including August 2026, because we
receive funds two months after the filing period.
8

Page 40 of 159

RETAIL SALES TAX BY QUARTER
2017-2026
1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
9

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

210,902
198,592
234,512
252,066

246,513
255,464
267,616
249,518

297,839
349,767
480,988
551,456

549,961
670,486
705,870
771,183

774,173
780,106
863,109
854,772

861,942
899,933
1,015,909
1,027,237

841,300
950,419
1,049,495
1,021,843

955,398
885,166
1,066,045
1,029,405

957,250
1,088,303
1,163,651
1,142,163

1,097,101
1,205,633
1,322,560

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 13% or $416K

Page 41 of 159

FOOD SALES TAX BY QUARTER
2017-2026
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
10

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

288,952
295,376
423,336
310,025

352,665
314,664
335,030
427,923

349,716
335,275
367,537
470,028

367,982
395,363
394,148
506,698

411,294
380,688
418,256
535,622

428,277
411,231
612,014
452,054

479,261
461,405
666,707
478,936

545,729
479,531
519,983
644,211

520,044
488,918
531,327
501,990

668,825
484,463
541,506

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 10% or $155K
Page 42 of 159

RESTAURANTS & BARS SALES TAX BY QUARTER
2017-2026
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
11

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

178,267
203,865
232,756
226,746

187,925
202,606
253,330
191,146

193,821
202,423
250,938
210,950

190,393
143,935
226,283
207,641

183,820
223,147
265,171
250,228

227,349
261,296
277,731
256,791

254,274
268,394
335,690
256,612

262,897
285,768
307,349
262,955

267,422
253,875
301,407
378,732

279,016
292,486
317,348

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 8% or $66K
Page 43 of 159

LIQUOR STORES SALES TAX BY QUARTER
2017-2026

120,000

100,000

80,000

60,000

40,000

20,000

0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
12

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

57,204
54,235
65,116
56,764

62,453
66,277
71,412
58,778

55,478
75,478
71,110
58,667

64,355
71,302
69,044
74,126

80,175
75,337
79,196
78,797

67,749
56,884
97,587
75,829

76,484
62,618
76,792
56,291

76,600
59,914
69,931
64,075

76,897
65,107
77,201
63,664

63,512
60,340
81,384

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Decr. (6%) or ($14K)

Page 44 of 159

LODGING SALES TAX BY QUARTER
2017-2026
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
13

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

87,509
66,783
111,452
74,508

83,951
80,207
120,233
80,265

96,381
70,845
116,884
88,498

81,706
41,334
85,449
65,567

71,599
74,204
133,244
89,721

114,967
87,490
128,346
96,749

132,427
89,329
129,483
97,403

109,675
85,071
114,615
95,333

113,000
82,088
117,908
117,458

97,598
90,768
133,692

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 3% or $9K
Page 45 of 159

UTILITIES SALES TAX BY QUARTER
2017-2026
250,000

200,000

150,000

100,000

50,000

0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
14

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

148,216
115,865
103,633
97,660

145,530
128,223
95,736
94,987

149,334
112,076
89,864
97,966

147,109
111,745
86,602
104,985

164,541
134,968
103,509
107,051

188,072
157,571
122,388
133,306

212,570
168,638
112,280
127,642

207,857
154,470
112,518
121,675

199,142
154,239
116,974
122,180

176,231
144,015
125,820

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Decr. (5%) or ($24K)

Page 46 of 159

AUTOMOTIVE SALES TAX BY QUARTER
2017-2026

60,000

50,000

40,000

30,000

20,000

10,000

0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
15

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

23,653
25,518
24,445
24,475

28,236
25,714
24,985
28,150

26,350
29,432
27,146
26,838

30,764
19,272
35,168
24,386

23,697
31,298
31,281
36,210

43,526
39,113
40,089
47,701

43,020
46,460
37,294
47,416

41,536
36,335
38,603
41,721

42,235
40,126
41,871
34,631

39,766
32,239
39,400

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Decr. (10%)Page
or ($13K)
47 of 159

BUILDING/CONSTRUCTION SALES TAX BY QUARTER
2017-2026
300,000

250,000

200,000

150,000

100,000

50,000

0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
16

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

68,598
86,354
93,762
86,432

71,444
89,112
92,099
71,738

47,570
88,880
101,206
106,134

90,295
100,608
118,274
113,142

81,539
129,081
169,348
149,448

132,291
167,950
206,558
189,308

127,780
208,176
206,100
182,596

139,480
163,615
194,310
209,275

125,852
158,230
203,390
271,823

200,309
194,121
207,962

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 24% or $115K
Page 48 of 159

Sales Tax Received by Location
Location Categories
•
•
•
•
•
•

Downtown District
Chambers Avenue
Market Street
Grand Avenue
Eagle Ranch
Other Areas, including Online

Yellow highlighting indicates that the category increased YOY

These numbers reconcile to actual funds received and recorded in Caselle in August, September and
October 2026. Revenue received is for all filing periods up to and including August 2026, because we
receive funds two months after the filing period.
17

Page 49 of 159

DOWNTOWN DISTRICT SALES TAX BY QUARTER
2017-2026
100,000
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
18

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

61,075
67,230
77,219
60,769

61,549
78,425
55,530
43,549

40,065
51,859
75,693
54,490

40,615
45,709
59,239
52,173

41,510
65,804
75,355
55,386

42,175
61,444
65,332
60,486

51,864
59,898
75,658
59,831

62,300
64,457
81,003
67,991

78,309
83,739
90,967
78,210

69,528
76,907
86,995

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Decr. (8%) or ($20K)
Page 50 of 159

CHAMBERS AVENUE SALES TAX BY QUARTER
2017-2026

600,000

500,000

400,000

300,000

200,000

100,000

0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
19

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

257,647
288,249
336,299
314,234

271,123
320,597
347,939
301,581

265,720
293,089
353,494
341,920

298,873
247,635
352,875
336,701

318,627
363,217
448,801
428,163

430,235
453,716
531,165
472,460

447,175
456,648
529,078
468,152

445,477
440,160
514,496
488,363

437,216
417,089
483,300
451,202

381,728
435,275
461,132

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Decr. (4%) or ($59K)
Page 51 of 159

MARKET STREET SALES TAX BY QUARTER
2017-2026

900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
20

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

415,905
408,522
582,790
436,138

492,125
450,945
504,858
563,270

495,109
462,837
530,761
599,310

501,843
491,552
531,167
613,038

523,214
503,448
549,423
636,894

528,819
493,042
733,405
535,964

582,530
540,357
764,530
552,479

623,749
549,765
607,700
713,489

597,266
548,789
610,334
574,915

739,660
537,833
591,729

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 6% or
$113K
Page
52 of 159

GRAND AVENUE SALES TAX BY QUARTER
2017-2026

90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
21

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

45,416
50,982
56,350
49,444

52,104
54,360
66,037
44,962

50,418
70,392
69,047
49,757

47,338
51,034
56,247
50,137

47,417
59,909
80,901
66,480

53,937
50,881
72,313
56,918

47,699
44,712
65,391
34,001

53,081
49,687
51,254
46,734

50,263
43,476
55,981
66,144

45,168
47,336
67,089

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 7% or $10K

Page 53 of 159

EAGLE RANCH SALES TAX BY QUARTER
2017-2026

160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
22

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

55,671
46,984
64,232
71,864

49,468
42,309
79,904
42,620

39,806
46,038
53,696
48,649

42,498
25,370
55,811
54,912

33,702
42,599
57,408
48,356

45,453
64,191
53,931
61,628

60,233
59,149
99,100
63,288

65,629
79,338
83,032
64,708

60,297
70,706
70,597
134,092

68,300
88,535
98,432

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 27% or $54K)
Page 54 of 159

OTHER AREAS INCLUDING ONLINE SALES TAX BY QUARTER
2017-2026
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
FIRST QUARTER
SECOND QUARTER
THIRD QUARTER
FOURTH QUARTER
23

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

227,587
184,620
172,123
196,226

252,351
215,631
206,172
206,523

325,370
339,961
422,983
516,409

591,397
692,746
665,497
760,766

826,369
793,854
851,225
866,572

963,552
958,195
1,044,477
1,091,517

977,616
1,094,676
1,080,084
1,090,986

1,088,936
966,465
1,085,870
1,087,367

1,078,492
1,167,087
1,242,550
1,328,077

1,317,973
1,318,179
1,464,294

FIRST QUARTER

SECOND QUARTER

THIRD QUARTER

FOURTH QUARTER

YOY Incr. 18% or $612K
Page 55 of 159

To:

Mayor and Town Council

From:

Melissa Daruna, Town Manager
Rachel Tand, Finance Director

Date:

October 27, 2026

Re:

Public Hearing: 2026 / 2027 Operating & Capital Budget

REQUEST: Staff requests that Town Council review the 2026 Supplemental Budget and proposed 2027 Budget, in
conjunction with the staff memo below and the staff memos from the 9/15 Work Session, the 9/29 Work Session,
and the 10/21 Public Hearing and provide feedback.
INTRODUCTION: The annual budget process requires significant time and dedication and serves as a blueprint for
Town operations to communicate Town Council and staff priorities. As stewards of public resources, it is essential
to uphold our fiscal responsibility to our citizens and taxpayers by managing funds effectively and spending them
in the community's best interest. The decisions presented in this document will require thoughtful consideration
from Town Council, as outlined in the analysis below.
This Public Hearing is our fourth opportunity to look at the Town’s future projected operating and capital revenues
and expenditures. The analysis provides an overview of our budget approach, year-over-year changes and changes
from the prior Public Hearing, the proposed 2027 Fee Schedule, and next steps. In addition, Staff have prepared
a five-year projection for our capital project funds to assist with your analysis; please see the 10.27.26_Town of
Eagle 2027 Fund Projections document. Staff will adjust the budget based on feedback received at this meeting
prior to our final scheduled Public Hearing on November 10.
ANALYSIS:

Budget Approach
Our goal is to present a balanced budget to Council, with projected operating revenues equaling or exceeding
projected operating expenditures. Our 2027 draft budget shows a General Fund surplus of $46,537, including
transfers. In this budget cycle, we have transitioned from a conservative approach to a moderately conservative
approach, based on feedback from staff and Town Council during the 2026 budget cycle. In the past, our
conservative approach resulted in actual annual revenues exceeding original budget by an average of $1.5M and
actual annual expenditures falling short of original budget by an average of $1.1M. These variances allowed us to
make significant transfers to the Capital Improvements Fund (CIF) but made it challenging for staff and Council to
accurately forecast budget availability for critical investments such as personnel and contractual needs.
Our prior conservative approach included calculating costs based on 100% employment of all positions throughout
the year, which rarely occurs. Vacancies directly impact salaries and related benefits but also the ability of staff to
complete projects with dedicated funding. New for 2027, we are including Assumed Vacancy Savings of $350,000,
and we have also adjusted our health insurance budget to reflect actual percentages of employees likely to utilize
our insurance. In addition, we have carefully evaluated individual department budgets to ensure we are only
including projects that are more likely than not to occur, given current staffing and priorities.
1
Page 56 of 159

As we transition to a less conservative budget approach, it’s important for Council to understand that accessing
more budget dollars now will result in less availability to make transfers to the CIF and other funds. We are
recommending a 1X transfer to CIF of $5,600,000 in 2026 to bring the General Fund unassigned fund balance back
into policy compliance at 25% of total expenditures, excluding transfers. Per Council direction, $1.5M of that
transfer will be allocated for Grand Avenue. Going forward into 2027 and beyond, we will likely not have as much
budget surplus available to transfer.
For 2027, based on preliminary revenue projections, we provided each department or fund with a 2% operating
increase, excluding personnel costs and mandatory increased contracts discussed below. It’s important to note
that because we implemented 5% budget reductions in 2025 and 0% budget increases in 2026, we have not yet
returned operating budgets to their base 2024 budget levels.
2027 Personnel Budget Modifications
Overall townwide personnel actual spend has increased 64% from 2022 to 2025. We have added staff to
maintain and enhance the delivery of essential governmental services in our community, including for the
addition of the new Lower Basin Water Treatment Plant, as well as adding staff for sustainability, economic
development and housing, communications, code enforcement, and engineering. In addition, inflation and
intense local competition for employees have increased the Town's personnel expenses.
•
•
•
•
•
•

2022 - $6,001,820 (Actual)
2023 - $7,871,575 (Actual)
2024 - $9,014,874 (Actual)
2025 - $9,841,067 (Actual)
2026 - $11,088,668 (Original Budget) $10,082,172 (Revised Budget)
2026 - $11,523,872 (Proposed Budget)

The chart below shows changes in townwide budgeted positions since 2021. 2027 numbers include the three new
positions added per Council direction.

Staff initially requested six new full-time positions for 2027 as well as moving two existing positions from parttime to full-time. Of those six full-time positions, two are reinstatements of the Public Works positions
eliminated during the 2026 budget cycle to balance the operating budget, two are reinstatements of Patrol
Officer positions that were temporarily funded by grant dollars but never added to the ongoing budget, and two
are true new positions. Council and staff have prioritized the requests to include replacing the B&G Technician
and Public Works Inspector positions that were eliminated during the 2026 budget cycle and permanently
funding one of the grant-funded Patrol Officer positions. The full approximate cost of these positions is shown
below and has been included in this draft budget.
•

B&G Technician: $91,182 wages + $43,018 benefits = $134,200
2
Page 57 of 159

•
•
•

Public Works Inspector: $90,943 wages + $43,264 benefits = $134,207
Patrol Officer (New Cadet Updated to Officer): $102,281 wages + $45,259 benefits = $147,540
Total Cost for (3) Full-Time Positions: $415,947

In addition, the Town Manager authorized increasing the part-time Open Space Trails Technician from 730 hours
to 1,040, for a full six months of work. The total increase to wages is $8,565, funded by the Open Space Fund.
There is a minimal increase ($157) to the General Fund Events personnel budget to account for the position’s
labor allocation change to 4% of the 1,040 hours.
Other Personnel Budget Increases
•

Pay Plan: The Town completed a Compensation Study Market Analysis with Graves HR Consulting in
September 2026. Based on this analysis, our Pay Plan grades are changing for 2027 to better align with
the regional and statewide market. The average percentage wage increase to staff is approximately 7%,
with all employees receiving a minimum 4% increase. We are pleased to be able to fund the entire
recommended Pay Plan within this 2027 Budget draft.

•

Health Benefits: The Town currently offers staff a PPO plan and a High-Deductible Health Plan (HDHP).
We received notice from CEBT of a 16% increase for both plans due to claim activity in the prior 12month period. The Town has historically budgeted health insurance very conservatively, resulting in
budget savings of over $164K in 2025. As part of our new moderately conservative budget approach,
we have been able to absorb some of this increase and keep the staff increase manageable. In addition,
we are continuing to proactively invest in the HDHP to encourage employees to consider a more
affordable insurance option. Claim activity directly drives our premiums, and we will continue to see
large year-over-year premium increases while our claims remain high.
For 2027, we have budgeted to keep the plan deductibles and out of pocket maximums the same as in
2026 and will also continue to fund employee HSA accounts. As in 2026, single employees will receive
$1,000 in their HSA account in January, and employees with at least one other person on their health
insurance plan will receive $1,500. With the lower premiums and this contribution to the HSA, it is more
cost effective for every single employee to be on the HDHP instead of the PPO plan. New employees
are only eligible to join the HDHP.

3
Page 58 of 159

We have chosen to eliminate the Health Reimbursement Account (HRA) from our benefit portfolio
effective January 1, 2027. Under this plan, employees were eligible to be reimbursed directly by the
Town for health insurance claim costs. While this is a benefit to employees who experience significant
health claims, we would like to focus our limited resources on benefits that can equitably impact all
employees versus only employees who have health claims. The benefit usage is low (only six employees
have accessed the benefit to date in 2026), but the dollar impact is quite large, with the Town
reimbursing $20K to date in 2026 for those six employees.
Finally, we have streamlined the wellness discount program to create a more efficient administration
process and more flexible employee benefit. Previously, employees were eligible to receive a
$25/month discount ($300 total) on their insurance premium, requiring the Town to manage two
different sets of rates for each type of insurance plan. We have modified the process to award a 1X
wellness bonus of $400 in February, creating a much simpler administration process and allowing
employees the flexibility to use the discount however they wish.
•

Retirement Benefits: Employee and Town retirement contributions are unchanged at 7% each for 2027.

2027 Non-Personnel Budget Modifications
•

Mandatory Increased Contracts are included in this draft budget and must be funded by the Town.
Amounts vary by department and fund, but the General Fund is funding a net amount of $41,481 for 2027,
which includes increased budget for concrete repairs, legal expenses, THOR network charges, and public
safety contracts such as animal control and dispatch. This does not include street resurfacing.

•

Interfund Transfers: This budget draft includes a $23,000 transfer from the General Fund to the EEOP
Fund to support additional energy rebates as well as $850,854 from the General Fund to the CIF for street
4
Page 59 of 159

resurfacing. There are no other budgeted transfers except for the annual IT support transfer, which has
been updated for this draft budget based on IT’s proposed 2027 budget.
•

Above Target: Staff submitted Above Target budget requests that are not included in this draft budget.
During budget training, we directed staff to prioritize their existing budgets, including their 2% operating
increases, to fund the most critical items within the resources provided. Staff did an excellent job of
reprioritizing their budgets to minimize the amount of Above Target requests for 2027.
o
o

General Fund: $235,750 in current remaining unfunded requests
DDA Fund: $10,000 in current remaining unfunded requests

Adjustments Made from 10/21/26 Public Hearing
•

2026 Revenue & Expenditures: Adjusted various amounts based on 2026 YTD actuals, including 2026
capital projects
o Increased Brush Creek & Eagle River Temp Monitoring Stations project budget by $25,000
o Added a new 2026 project from Capitol Street budget savings - $14,000 for Aidans Meadow
RRFB
o Added $20,000 documentation fee for 215 Capitol Street lease-purchase agreement
o 2026 budget for Tyler Tech implementation (grant revenue and expenditures) will be revised for
the final budget draft based on what we anticipate spending this year

•

General Fund
o Community Development: We will be revising the 2027 Tyler Tech budget (grant revenue and
expenditures) based on the final amount that gets allocated to 2026
o Public Safety: Added budget to potentially hire an experienced officer if needed vs. the cadet
position originally budgeted, per Council direction.
o Sustainability: Added $9,700 to operating budget for education and outreach related to the EPR
recycling reimbursement; offsetting contribution revenue from the Circular Action Alliance
organization has been added to the General Fund revenue budget

•

Capital Improvements Fund:
o Reduced Public Safety Vehicle purchase from (5) to (3)
o Added total 2027 interest + principal payment of $406,773 for lease-purchase agreement;
Holman Capital was able to reduce our interest rate from 6.29% to 6.15%, saving the Town
$26,286 in interest over the life of the agreement
o Moved $100,000 of 2028 capital budget for battery storage at Town Hall & Public Works to
2027, leaving $150,000 in 2028

•

DDA Fund:
o Internally rebalanced to provide an additional $2,000 to the commercial rebate program (no net
impact)

•

Water Fund:
o Removed $40,550 from 2027 budget for duplicated storage tank maintenance expense
o Reduced 2027 solar project budget to $500,000 for potential solar at UBWTP

5
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General Fund
Revenue Summary
In 2027, Staff is projecting General Fund revenue of $13,752,371, a year-over-year increase of $595,719 or 5%.
The 2026 revised budget is projecting revenue of $13,156,652, and while some of that is one-time in nature
(such as development fees), we believe that our projection is realistic while remaining aligned with our
moderately conservative approach.
Sales Tax: YTD 2026 has seen higher-than-anticipated sales tax growth in the General Fund, with actual sales tax
received through October 2026 up $677K YOY. It’s important to keep in mind prior year sales tax growth, as
shown below, when we make estimates for 2027. Our revised 2026 sales tax budget is $9,100,000, and our 2027
sales tax budget is $9,300,000, a 2% increase. We have included in this estimate the discontinuance of State
contributions of marijuana tax to local governments, which were eliminated in July 2026 by HB26-1409. In 2025,
we received $45K in marijuana tax distributed from the State, and we have received $12K YTD 2026 and will
receive no more distributions.

Property Tax: The Town received the 2026 preliminary certification of values, indicating a 1.9% increase in
actual property value over the prior year, which will result in a $3K increase in 2026 property tax received in
2027.
Building Permits: Staff is projecting a 58% increase in building permits over the revised 2026 budget, based on
planned permits for Haymeadow, Red Mountain Ranch, 1215 Chambers as well as a three-year average for nonmajor projects.
Grant Revenue: We budget for awarded grants only and do not include speculative grants. 2027 projected
General Fund grants include a DOLA software implementation grant for Tyler Tech, a DOLA Business
Advancement Program grant, a Colorado Tourism Office grant, and POST grants for Public Safety.
General Interest Revenue: If Council approves the $5.6M transfer to the Capital Improvements Fund in 2026,
the available balance in our COLOTRUST account will be reduced significantly, which will impact our interest
earnings in 2027, as shown in this draft budget.
Transfers In from Other Funds: Transfers from other funds to pay for Town-provided IT services have been
updated and included in this draft budget.

6
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Expenditure Summary
For 2027, the combined departmental operating budget for the General Fund is $13,181,980. As a reminder,
removing Street Resurfacing’s $850,854 budget from operating expenditures will impact YOY analysis. Including
transfers to other funds and assumed vacancy savings, 2027 proposed total expenditures for the General Fund
will be $13,705,834. Please refer to the 10.27.26_Draft Town of Eagle 2027 Budget for detail on individual
department budgets.

Fund Balance Summary
The proposed estimated ending fund balance for 2027 is $4,020,418, with an unassigned fund balance of
$3,451,666. This represents 26.2% of operating expenditures, which exceeds the minimum outlined in the
Town’s fund balance reserve policy by $156,171. It’s important to note that the true 2027 operating surplus, after
all budgeted transfers, is only $46,537. It is Staff’s recommendation to maintain this available budget surplus for
2027 and not fund any additional General Fund items.

Capital Improvements Fund (CIF)
Revenue Summary
In 2027, Staff projects total revenue of $3,906,511, including an $850,854 transfer from the General Fund for
Street Resurfacing. Revenue in the CIF is almost entirely one-time funds that come in as projects and/or grants
occur, along with budget transfers from the General Fund. We currently have one new budgeted grant for 2027,
the $500,000 Colorado Energy Office grant for DCFC charging stations.

7
Page 62 of 159

Expenditure Summary
This fund does not have operating expenditures, Mandatory Increased Contracts, or Above Target budget
requests. 2027 requested capital spend includes $4,597,048 in capital expenditures and $920,574 in non-capital
expenditures (items related to capital projects that are not individually capitalizable – this includes Street
Resurfacing). In addition, we are budgeting $406,773 for principal and interest payments on the lease-purchasing
finance agreement for 215 Capitol Street. Please refer to the 10.27.26_2026-2035 Townwide Capital
Improvement Plan for details on individual requested projects.
Fund Balance Summary
The estimated ending fund balance for 2027 is projected to be $16,946,885 based on draft capital expenditures,
with $7,973,442 available for new and existing capital projects, as shown below.

•
•
•
•
•

Community Enhancement Funds require Holy Cross approval to ensure compliance with their
requirements. Council has approved spending these funds on the Building Electrification Project, so once
they have been spent, that restriction will be removed until we receive more funds.
Transportation Expenditures are no longer required to be restricted for Grand Avenue as the Town has
spent more on Grand Avenue than the original State contribution as of 12/31/2026.
Grand Avenue Funds are funds assigned for Grand Avenue by Town Council and have primarily come from
General Fund transfers.
Affordable Housing Funds are no longer available as we used the remaining funds from the $750,000 Red
Mountain Ranch Lerp Fee in Lieu to purchase two employee housing units in 2026.
Other Capital Projects Funds are assigned for all other general government-proposed capital items.

Sales Tax Capital Improvements Fund (STCIF)
Revenue Summary
Staff is projecting $1,571,456 in 2027 revenue, an increase of 2% or $35,875 from the 2026 revised budget due to
the insurance proceeds received in 2026 for the Town Park restroom. Staff adjusted the 2026 budget to reflect
the $250,000 repayment of initial capital funds to Mountain Rec for the pool project, paid from project savings.
Sales Tax: We are anticipating a 2% increase from the revised 2026 budget in alignment with the General Fund
sales tax projection.
8
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Mountain Recreation Debt Service Match: The fund receives an ongoing annual contribution of 50% of the pool
rebuild project’s debt service payments, totaling $346,456 in 2027. The 2026 contribution will likely be reduced
as we plan to utilize project savings to fund the December 2026 COP payment; this amount will be finalized for
the final Public Hearing on November 10.
Grant Revenue: We do not anticipate receiving any grant funding in 2027.
Expenditure Summary
Provided the Town satisfies existing debt and permitting obligations, revenue surpluses are discretionary for park
improvements, path improvements, and multi-recreational facilities. For 2027, we are budgeting $147,500 for
operating expenditures, excluding debt service, transfers, and capital projects.
•
•
•
•

$50,000 for Professional Services for annual placement and removal of rapid blocks in the river (increase
from $20,000 budgeted in 2025).
$50,000 in 1X funding for a Haymaker Recreation Master Plan.
$25,000 for annual sediment cleanout above and below wave features.
$22,500 for annual maintenance of the bike park by VVMTA

2026 project spend will be reduced based on the amount of project savings we access to pay the December 2026
COP payment; this amount will be finalized for the final Public Hearing on November 10. 2027 requested capital
spend includes $1,200,000 in capital expenditures. Please refer to the 10.27.26_2026-2035 Townwide Capital
Improvement Plan for details on individual requested projects.
Fund Balance Summary
The estimated ending fund balance for 2027 is projected to be $2,048,046 based on draft capital expenditures,
with $1,032,196 available for new and existing capital projects, as shown below.

Conservation Trust Fund
Staff is projecting $45,000 in 2027 revenue, derived from lottery proceeds received from the State. We are not
estimating any interest revenue at this time under the assumption that the entire balance of the CTF will be used
for approved projects in 2027.
This fund does not have operating expenditures, Mandatory Increased Contracts, or Above Target budget
requests. 2027 requested capital spend includes $308,000 in capital expenditures. Please refer to the
9
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10.27.26_2026-2035 Townwide Capital Improvement Plan for details on individual requested projects. The
projected ending fund balance for 2027 is $112,323 based on draft capital expenditures, all of which would be
available for future needs.

Disposable Bag Fee Fund
The $0.10 bag fee was established in response to the Colorado Plastic Pollution Reduction Act (HB 21-1162),
enacted in 2021. Retailers retain $0.04 of each fee collected, while the remaining $0.06 is remitted to the Town.
The Disposable Bag Fee Fund was established in 2024 to manage these funds, which can be used for the following
purposes:
•
•
•

Administrative costs for the program
Education and outreach related to the program
Support for recycling, composting, or waste diversion programs in the community

Staff is projecting $11,800 in 2027 revenue, of which $3,800 is a new ongoing sponsorship from Eagle Ranch to
support our townwide Hard2Recycle event. 2027 planned expenditures include $10,000 in carry over funds from
2026 to support waste diversion as well as $14,000 for the community-wide Hard2Recycle event. This fund does
not have any capital expenditures or Above Target budget requests. The projected ending fund balance for 2027
is $23,707, all of which would be available for future needs.

Exterior Energy Offset Program (EEOP) Fund
The Exterior Energy Offset Program (EEOP) Fund was established alongside adoption of the 2021 International
Energy Conservation Code in 2023. This fund accounts for EEOP fee-in-lieu revenues collected from residential,
commercial, and governmental exterior energy uses that produce greenhouse gas emissions not offset by onsite
renewables, as determined by the EEOP calculator. Approved uses of EEOP funds include financial assistance,
rebates, and incentives to promote energy-efficient projects within the Town.
We typically do not budget revenue because it is one-time in nature and difficult to predict, but we did budget a
$23,000 transfer from the General Fund to support energy rebates, per Council direction. 2027 planned
expenditures include $40,000 for the energy rebate program managed by Walking Mountains and $2,000 for EEOP
calculator updates, to be funded by available fund balance. This fund does not have any capital expenditures,
Mandatory Contract Increases, or Above Target budget requests. The projected ending fund balance for 2027 is
$713, all of which would be available for future needs.

Open Space Fund
Revenue Summary
Staff is projecting $427,800 in 2027 Open Space revenue, reflecting a (6%) decrease or ($27,693) from the 2026
revised budget due to grants and intergovernmental contributions as well as Council direction to remove the
budgeted $100K transfer from the General Fund.
•

Lodging Tax: Increase of $7,000 based on 2026 projected actual revenue
10
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•
•

Interest Revenue: Projected at $40,000 to account for planned project spend
Grant Revenue: None budgeted for 2027

Expenditure Summary
Staff is projecting $323,972 in 2027 operating expenditures, an increase of 3% or $9,629 from the 2026 revised
budget. This budget includes $15,500 for R&M Supplies including trail restoration supplies, $3,000 for legal
services, $20,910 for professional trail building and race track upkeep, and $30,000 for noxious weed and rodent
control services. 2027 requested capital spend includes $458,000 in capital expenditures. Please refer to the
10.27.26_2026-2035 Townwide Capital Improvement Plan for details on individual requested projects.
Fund Balance Summary
The projected ending fund balance for 2027 is $1,009,308 based on draft capital expenditures, $928,315 of
which would be available for future current and future capital projects, per our reserve policy.

DDA Fund
The Downtown Development Authority (DDA) Fund is projecting $30,500 in 2027 revenue, a decrease of (35%) or
($16,386) from the 2026 revised budget due to grant revenue not planned for 2027.
The DDA has requested expenditures of $49,078 in a strategic effort to spend down the existing fund balance for
critical projects and priorities, with key spending areas summarized below:
•
•
•

$42,000 for professional services, including financial planning services with Northland Securities, website
maintenance, and commercial rebate program support
$4,450 for Legal Services
$1,500 for training and related travel

This fund does not have any capital expenditures or Mandatory Contract Increases but has one Above Target
budget request for $10,000 for additional 2nd Street Activation programming and events. The available fund
balance does not currently support this request. The projected ending fund balance for 2027 is $356, all of which
would be available for future needs.

Parking in Lieu Fund
No projected revenue or expenditures for 2027.
11
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Wastewater Fund
Revenue Summary
Staff is projecting $4,606,700 in revenue for 2027, a (10%) decrease or ($509,528) from the 2026 revised budget,
primarily due to a reduction in planned interest revenue related to fund balance spend for capital projects and
the $801K tax rebate received in 2026 for the solar project that will not recur in 2027. Based on the 2021
wastewater rate study, service fees will be increased by 3%, and we are budgeting a just under 3% increase based
on 2026 actual revenue received.
Expenditure Summary
Operating expenditures are expected to increase by 7% or $150,689 from the 2026 revised budget. As a reminder,
we allowed this fund to restore their operating budget reductions from 2025. Including debt service payments
and the IT Services transfer to the General Fund, total non-capital expenditures for 2027 are projected to be
$3,274,290. 2027 requested capital spend includes $6,345,000 in capital expenditures. Please refer to the
10.27.26_2026-2035 Townwide Capital Improvement Plan for details on individual requested projects.
Fund Balance Summary
The projected ending fund balance for 2027 is $10,233,005 based on draft capital expenditures, $8,698,366 of
which would be available for current and future projects based on our reserve policy.

Water Fund
Revenue Summary
Staff is projecting $6,886,100 in 2027 revenue, a 21% increase or $1,203,507 from the 2026 revised budget due
to the impact of water restrictions implemented in 2026. Plant Investment Fees are projected to increase by 106%
or $537,200, based on projections from Community Development. The $141K tax rebate received in 2026 for the
solar project will not recur in 2027.
Expenditure Summary
Operating expenditures are expected to increase by 4% or $118,186 from the revised 2026 budget, including a
one-time $100,000 contribution to Colorado River District for the Shoshone water rights purchase. This fund had
1X and supplemental budget requests totaling $362,951 in 2026 that will not recur in 2027. As a reminder, we
12
Page 67 of 159

allowed this fund to restore their operating budget reductions from 2025. Including debt service payments and
the IT Services transfer to the General Fund, total non-capital expenditures for 2027 are projected to be
$4,033,895. 2027 requested capital spend includes $1,246,030 in capital expenditures. Please refer to the
10.27.26_2026-2035 Townwide Capital Improvement Plan for details on individual requested projects.
Fund Balance Summary
The projected ending fund balance for 2027 is $18,875,361 based on draft capital expenditures, $17,140,183 of
which would be available for current and future projects based on our reserve policy.

Refuse Fund
Staff is projecting an overall increase of $30,000 or 3% to 2027 revenue after reconciling the 2026 revenue budget
with actual year-to-date revenue received and factoring in a required 3.9% increase to Vail Honeywagon service
fees, based on the current CPI rate. We do not anticipate adjusting the administrative fee we charge to manage
billing on behalf of our customers.
There is no requested capital spend for 2027. Please refer to the 10.27.26_2026-2035 Townwide Capital
Improvement Plan. The projected ending fund balance for 2027 is $358,291 based on draft capital expenditures,
$88,267 of which would be available for current and future capital projects, per our reserve policy.

Stormwater Fund
Staff is projecting $157,250 in revenue for 2027, a 0% increase from the 2026 revised budget. Service fees were
adjusted in 2026, and we are not planning another adjustment at this time.
Operating expenditures are planned to be $39,327, a less than 1% increase from the 2026 revised budget. There
is no requested capital spend for 2027. Please refer to the 10.27.26_2026-2035 Townwide Capital Improvement
Plan. The projected ending fund balance for 2027 is $391,635 based on draft capital expenditures, $381,803 of
which would be available for current and future capital projects, per our reserve policy.

Broadband Fund
Staff is projecting $342,760 in 2027 revenue, which is highly dependent on the timing of buying the equipment to
do more installations. Council approved an Interfund Loan to Broadband in 2025 to allow them the flexibility to
13
Page 68 of 159

purchase equipment as needed, so we have a mechanism in place now to support sustained growth, though we
have not yet needed to utilize it.
Operating expenditures are also highly dependent on the installation schedule, but Staff is currently projecting
$299,510 in total expenditures for 2027, a 38% or $81,751 increase from the 2026 revised budget. This fund has
no Above Target budget requests, Mandatory Increased Contracts, or planned capital expenditures. Please refer
to the 10.27.26_2026-2035 Townwide Capital Improvement Plan. The projected ending fund balance for 2027
is $176,927, $104,538 of which would be available for current and future capital projects, per our reserve policy.

2027 Fee Schedule
Please review the 10.27.26_Draft 2027 Fee Schedule. All changes are highlighted orange.

Next Steps
November 10: Budget Public Hearing and Adoption
• Review feedback from prior public hearing
• Presentation of additional budget adjustments as needed
• Adoption of the 2026 Revised Budget and 2027 Budget
• Adoption of the 2027 Fee Schedule
December: Certification of the 2026 Mill Levy for the 2027 Budget
COMMUNITY INPUT: Community input on the current budget proposal has not yet been received. However,
opportunities for public feedback will be available during the upcoming budget hearings scheduled for:
•

November 10

STRATEGIC PLAN ALIGNMENT/STANDARDS ACHIEVED: The 2026 and 2027 Budgets integrate various aspects of
the Strategic Plan and other long-range planning documents. Our completed Budget document will demonstrate
how the proposed expenditures and projects align with the Town's broader goals and priorities, ensuring that the
Budget supports the community's long-term vision.
RECOMMENDED ACTION OR PROPOSED MOTION: Provide feedback to Staff about the proposed Operating and
Capital Budgets and proposed 2027 Fee Schedule.
ATTACHMENTS:
• 10.27.26_Draft Town of Eagle 2027 Budget
• 10.27.26_2026-2035 Townwide Capital Improvement Plan
• 10.27.26_Draft 2027 Fee Schedule
• 10.27.26_Town of Eagle 2027 Fund Projections

14
Page 69 of 159

2027 BUDGET - ALL FUNDS SUMMARY
2025 ACTUAL

2026 ORIG.
BUDGET

$

6,875,935

$ 7,091,870

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

14,861,664
159,131
15,020,795

13,186,205
139,134
13,325,339

13,017,518
139,134
13,156,652

13,594,116
158,255
13,752,371

576,598
19,121
595,719

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(11,859,799)
(1,597,500)
(13,457,299)

(13,536,116)
(2,100,000)
(15,636,116)

(11,902,202)
(5,720,000)
(17,622,202)

(12,831,980)
(873,854)
(13,705,834)

(929,778)
4,846,146
3,916,368

8,439,430

$ 4,781,093

$

3,973,881

$

4,020,418

$

46,537

15,140,367

$ 17,028,468

$

17,789,184

$

18,964,769

$

1,175,585

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

5,909,008
1,705,000
7,614,008

2,986,500
2,250,000
5,236,500

2,329,332
5,600,000
7,929,332

3,055,657
850,854
3,906,511

726,325
(4,749,146)
(4,022,821)

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(4,965,191)
(4,965,191)

(7,428,840)
(7,428,840)

(6,753,747)
(6,753,747)

(5,924,395)
(5,924,395)

829,352
829,352

$

17,789,184

$ 14,836,128

$

18,964,769

$

16,946,885

$

(2,017,884)

$

56,093

$ 2,148,263

$

3,651,460

$

2,842,940

$

(808,520)

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

11,228,351
11,228,351

1,461,081
1,461,081

1,535,581
1,535,581

1,571,456
1,571,456

35,875
35,875

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(7,382,984)
(250,000)
(7,632,984)

(1,867,101)
(250,000)
(2,117,101)

(2,344,101)
(2,344,101)

(2,366,350)
(2,366,350)

(22,249)
(22,249)

3,651,460

$ 1,492,243

$

2,842,940

$

2,048,046

$

(794,894)

$

$

321,323

$

375,323

$

54,000

GENERAL FUND

Beg. Fund Balance

Ending Fund Balance

$

CAPITAL IMPROVEMENTS FUND

Beg. Fund Balance

Ending Fund Balance

SALES TAX CIF

Beg. Fund Balance

Ending Fund Balance

$

$

CONSERVATION TRUST FUND

Beg. Fund Balance

$

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In
Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out
Ending Fund Balance

$

264,864

208,864

2026 REV.
BUDGET

$

YOY INCR.
(DECR.)

2027 BUDGET

8,439,430

$

3,973,881

$

(4,465,550)

56,459
56,459

54,000
54,000

54,000
54,000

45,000
45,000

(9,000)
(9,000)

-

-

-

(308,000)
(308,000)

308,000
308,000

321,323

$

262,864

$

375,323

$

112,323

$

(263,000)

1

Page 70 of 159

2027 BUDGET - ALL FUNDS SUMMARY
2025 ACTUAL

DISPOSABLE BAG FEE FUND

Beg. Fund Balance

$

33,702

2026 ORIG.
BUDGET

$

33,426

2026 REV.
BUDGET

$

33,960

$

35,907

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

10,734
10,734

8,000
8,000

11,800
11,800

11,800
11,800

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(4,018)
(6,458)
(10,476)

(17,500)
(17,500)

(9,853)
(9,853)

(24,000)
(24,000)

Ending Fund Balance

$

EXTERIOR ENERGY OFFSET FUND

Beg. Fund Balance

$

1,947
(14,147)
(14,147)

$

23,926

$

35,907

$

23,707

$

(12,200)

29,214

$

20,411

$

30,367

$

19,713

$

(10,654)

30,154
30,154

-

9,346
20,000
29,346

23,000
23,000

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(29,000)
(29,000)

(20,000)
(20,000)

(40,000)
(40,000)

(42,000)
(42,000)

$

$

33,960

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

Ending Fund Balance

YOY INCR.
(DECR.)

2027 BUDGET

30,367

411

$

19,713

$

713

$

(19,000)

878,537

$ 1,241,356

$

1,332,594

$

1,372,362

$

39,768

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

687,291
142,500
829,791

323,300
100,000
423,300

355,493
100,000
455,493

427,800
427,800

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(358,953)
(16,782)
(375,735)

(529,574)
(8,532)
(538,106)

(407,193)
(8,532)
(415,725)

(781,972)
(8,882)
(790,854)

1,332,594

$ 1,126,550

$

1,372,362

$

1,009,308

$

(363,054)

$

$

38,456

$

31,203

$

(7,253)

OPEN SPACE PRESERVATION FUND

Beg. Fund Balance

Ending Fund Balance

$

$

DOWNTOWN DEVELOPMENT AUTHORITY

Beg. Fund Balance

$

31,837

$

(9,346)
3,000
(6,346)
(2,000)
(2,000)

35,412

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

96,174
96,174

27,500
27,500

46,886
46,886

30,500
30,500

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(89,555)
(89,555)

(49,238)
(49,238)

(54,139)
(54,139)

(49,078)
(49,078)

Ending Fund Balance

$

38,456

$

13,674

$

31,203

$

12,625

72,307
(100,000)
(27,693)
(374,779)
(350)
(375,129)

(16,386)
(16,386)
5,061
5,061
$

(18,578)

2

Page 71 of 159

2027 BUDGET - ALL FUNDS SUMMARY

PARKING FEE IN LIEU FUND

Beg. Fund Balance

2025 ACTUAL

2026 ORIG.
BUDGET

$

$

-

-

2026 REV.
BUDGET

$

-

$

-

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

-

-

-

-

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

-

-

-

-

Ending Fund Balance

WASTEWATER FUND

Beg. Fund Balance

$

$

-

$

5,116,228
5,116,228

4,606,700
4,606,700

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(3,563,041)
(49,426)
(3,612,467)

(12,904,767)
(45,503)
(12,950,270)

(3,922,358)
(45,503)
(3,967,861)

(9,565,999)
(53,291)
(9,619,290)

$

14,097,229

$ 3,780,302

$

15,245,595

$

10,233,005

$

(5,012,590)

$

20,988,144

$ 16,469,582

$

20,282,772

$

17,269,186

$

(3,013,586)

9,630,985
9,630,985

6,688,705
50,888
6,739,593

5,682,593
5,682,593

6,886,100
6,886,100

(10,266,725)
(69,632)
(10,336,357)

(6,672,009)
(193,255)
(6,865,264)

(8,627,924)
(68,255)
(8,696,179)

(5,207,799)
(72,126)
(5,279,925)

$

20,282,772

$ 16,343,911

$

17,269,186

$

18,875,361

$

1,606,175

$

318,656

$

$

357,026

$

347,289

$

(9,737)

Ending Fund Balance

REFUSE FUND

Beg. Fund Balance

280,683

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

1,056,882
1,056,882

1,082,600
1,082,600

1,075,100
1,075,100

1,105,100
1,105,100

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(1,004,512)
(14,000)
(1,018,512)

(1,046,137)
(14,000)
(1,060,137)

(1,070,837)
(14,000)
(1,084,837)

(1,080,098)
(14,000)
(1,094,098)

Ending Fund Balance

$

357,026

$

303,146

$

347,289

$

358,291

$

-

4,519,000
4,519,000

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

15,245,595

$

6,773,991
6,773,991

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

$

-

-

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

WATER FUND

14,097,229

$

-

$ 12,211,572

Beg. Fund Balance

$

-

$

10,935,705

Ending Fund Balance

$

-

YOY INCR.
(DECR.)

2027 BUDGET

1,148,367
(509,528)
(509,528)
(5,643,641)
(7,788)
(5,651,429)

1,203,507
1,203,507
3,420,125
(3,871)
3,416,254

30,000
30,000
(9,261)
(9,261)
$

11,002

3

Page 72 of 159

2027 BUDGET - ALL FUNDS SUMMARY

STORMWATER FUND

Beg. Fund Balance

2025 ACTUAL

2026 ORIG.
BUDGET

$

$

318,754

384,797

2026 REV.
BUDGET

$

405,635

$

273,712

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

106,853
106,853

154,050
154,050

157,250
157,250

157,250
157,250

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(19,972)
(19,972)

(289,173)
(289,173)

(289,173)
(289,173)

(39,327)
(39,327)

Ending Fund Balance

BROADBAND FUND

Beg. Fund Balance

$

(131,923)
249,846
249,846

$

405,635

$

249,674

$

273,712

$

391,635

$

117,923

$

55,967

$

50,978

$

108,295

$

133,677

$

25,382

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

230,708
230,708

337,260
125,000
462,260

243,141
243,141

342,760
342,760

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(175,547)
(2,833)
(178,380)

(342,955)
(53,732)
(396,687)

(214,915)
(2,844)
(217,759)

(289,554)
(9,956)
(299,510)

Ending Fund Balance

YOY INCR.
(DECR.)

2027 BUDGET

116,551

$

133,677

$

176,927

$

43,250

55,927,777

$ 57,205,682

$

66,887,732

$

60,885,558

$

(6,002,174)

Revenues
Transfers-In from other Funds
Total Revenues & Transfers In

50,679,253
2,006,631
52,685,884

30,828,201
2,665,022
33,493,223

29,634,268
5,859,134
35,493,402

31,834,239
1,032,109
32,866,348

Expenditures
Transfers-Out to other Funds
Total Expenditures & Transfers Out

(39,719,297)
(2,006,631)
(41,725,928)

(44,703,410)
(2,665,022)
(47,368,432)

(35,636,442)
(5,859,134)
(41,495,576)

(38,510,552)
(1,032,109)
(39,542,661)

66,887,732

$ 43,330,473

TOTAL - ALL FUNDS

Beg. Fund Balance

Ending Fund Balance

$

108,295

$

$

$

99,619
99,619
(74,639)
(7,112)
(81,751)

$

60,885,558

$

54,209,245

2,199,971
(4,827,025)
(2,627,054)
(2,874,110)
4,827,025
1,952,915
$

(6,676,314)

4

Page 73 of 159

GENERAL FUND: SUMMARY

FUND BALANCES (Beginning):
NON-SPENDABLE: 1
RESTRICTED: Emergency Reserve
UNASSIGNED FUND BALANCE: 2
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025
$

$

REVISED
2026

223,000
408,710
6,460,160
7,091,870

$

$

$

10,412,423
801,300
1,126,572
490,400
107,910
247,600
139,134
13,325,339

216,679
462,000
6,197,256
6,875,935

$

$

$

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

160,721
729,000
7,549,709
8,439,430

$

160,721
660,689
3,152,471
3,973,881

0%
-9%
-58%
-53%

$

$ 10,997,750
764,300
1,224,213
408,900
58,280
140,673
158,255
$ 13,752,371

2%
52%
22%
6%
-10%
-46%
14%
5%

$

$

10,796,756
503,850
1,007,282
386,300
64,800
258,531
139,134
13,156,652

$

200,994
260,450
216,931
22,600
(6,520)
(117,858)
19,121
595,719

$

$

(68,311)
(4,397,238)
$ (4,465,550)

REVENUE
Taxes
Licenses and Permits
Intergovernmental Revenue
Charges for Services
Fines & Forfeitures
Misc. Revenues
Transfers from Other Funds
TOTAL REVENUE

$

10,903,675
1,346,915
1,045,768
587,823
458,896
518,587
159,131
15,020,795

TOTAL SOURCES

$

21,896,730

$

20,417,209

$

21,596,083

$ 17,726,252

-18%

$

(3,869,831)

$

$

$

-16%
41%
0%
2%
47%
6%
47%
9%
3%
14%
6%
13%
-2%
11%
-37%
11%

$

$

127,185
431,483
923,827
914,917
1,295,247
1,525,838
370,533
1,188,346
3,877,514
98,378
28,017
444,926
200,991
194,618
280,382
11,902,202

$

$

127,341
618,628
964,917
891,651
1,844,978
2,350,751
433,754
1,115,704
3,883,078
101,570
28,386
447,931
194,629
195,397
337,401
13,536,116

$

(20,081)
177,839
(3,524)
21,536
605,489
97,751
175,687
105,564
128,888
13,892
1,753
59,113
(3,088)
21,498
(102,539)
1,279,778

$

EXPENDITURES
Town Council
General Government
General Administration
Information Technology
Community Development
Streets
Engineering
Buildings & Grounds
Public Safety
Municipal Court
Information Center
Events
Communication & Marketing
Sustainability
Economic Development & Housing
TOTAL EXPENDITURES

$

101,956
649,002
1,018,720
711,600
1,326,443
1,727,961
433,771
1,147,152
3,709,720
81,677
26,069
426,813
77,730
199,150
222,038
11,859,799

ASSUMED VACANCY SAVINGS

$

-

$

-

$

-

$

(350,000)

-

$

(350,000)

CURRENT YEAR OPERATING INCOME / (LOSS)

$

3,160,995

$

(210,777)

$

1,254,450

$

920,391

-27%

$

(334,059)

$

$

$

850,854
23,000
873,854

$

$

5,600,000
100,000
20,000
5,720,000

$

$

2,000,000
100,000
2,100,000

$

(3,916,368)

107,104
609,322
920,303
936,453
1,900,736
1,623,589
546,220
1,293,910
4,006,402
112,270
29,770
504,039
197,903
216,116
177,843
$ 13,181,980

TRANSFERS TO OTHER FUNDS
Transfer to Capital Improvements Fund
Transfer to Open Space Fund
Transfer to EEOP Fund
TOTAL TRANSFERS TO OTHER FUNDS

$

1,455,000
142,500
1,597,500

TOTAL EXPENDITURES & TRANSFERS

$

13,457,299

$

15,636,116

$

17,622,202

$ 13,705,834

-85%
-100%
15%
-85%
-22%

NET SOURCE (USE) OF FUNDS

$

1,563,495

$

(2,310,777)

$

(4,465,550)

$

46,537

-101%

$

4,512,087

FUND BALANCES (Ending):
NON-SPENDABLE: 1
RESTRICTED: Emergency Reserve
UNASSIGNED FUND BALANCE: 2
TOTAL FUND BALANCES (Ending)

$

8,439,430
160,721
729,000
7,549,709
8,439,430

$

4,781,093
223,000
535,169
4,022,924
4,781,093

$

3,973,881
160,721
660,689
3,152,471
3,973,881

$

4,020,418
160,721
408,031
3,451,666
4,020,418

1%
0%
-38%
9%
1%

$

46,537
(252,658)
299,195
46,537

% of Unassigned Fund Balance Compared to Total
Expenditures, Excluding Transfers
Excess Fund Balance Available per Policy

$

$

63.7%

$

4,584,759

$

29.7%

$

638,895

$

$

26.5%

$

176,921

(4,749,146)
(100,000)
3,000
$ (4,846,146)

$

26.2%

$

156,171

1 Non-Spendable: Prepaid Expenditures and EHOP (Long-term notes and funds held with fiscal agent for the Town's Employee Home Ownership Program)
2 Per Town Policy, the fund must maintain unassigned fund balance equal to 25% of total expenditures, not including transfers to other funds.

5

Page 74 of 159

GENERAL FUND: REVENUE

TAXES
10-431-10 General Property Tax
10-431-20 Specific Ownership Tax
10-431-30 Sales Tax - Regular
10-431-31 Sales Tax - Special Marijuana/Tobacco
10-431-44 Severance Tax
10-431-45 Federal Mineral Tax
10-431-50 Franchise Fees
10-431-60 Marketing Lodging Tax
TOTAL TAXES
LICENSES & PERMITS
10-432-10 Business Licenses
10-432-12 Liquor Licenses
10-432-13 Marijuana & Tobacco Licenses
10-432-20 Building Permits
10-432-27 Electrical Permits
10-432-30 Road Cut Permits
10-432-35 Sign Permits
10-432-40 Special Event Permits
TOTAL LICENSES & PERMITS
INTERGOVERNMENTAL REVENUE
10-433-20 Motor Vehicle License Fee
10-433-30 Highway Users Tax
10-433-60 Road & Bridge Tax
10-433-70 County Sales Tax
10-433-75 Grants
10-433-85 Intergovernmental Contributions
TOTAL INTERGOVERNMENTAL REVENUE
CHARGES FOR SERVICES
10-434-10 Planning & Zoning Fees
10-434-20 Planning & Zoning Reimbursable
10-434-25 Facility Usage Fees
10-434-26 Facility Usage Deposits
10-434-30 Sponsorship & Event Fees
10-434-32 Broadband Service Charges
10-434-40 Real Estate Transfer Fee
10-434-50 Disposable Bag Usage Fee
TOTAL CHARGES FOR SERVICES
FINES & FORFEITURES
10-435-10 Fines & Forfeits
10-435-15 Police Surcharge
10-435-20 Police Miscellaneous
10-435-25 Police Grants
10-435-30 Special Duty Reimbursable
10-435-35 Charitable Organization Fee
TOTAL FINES & FORFEITURES
MISCELLANEOUS REVENUE
10-436-10 General Interest
10-436-11 ARPA Interest
10-436-12 GASB87 Lease Interest Revenue
10-436-17 Penalty & Interest
10-436-30 Contributions & Donations
10-436-50 Rental Income
10-436-51 GASB87 NPV Adj to Lease Revenue
10-436-52 Employee Housing Rental Income
10-436-70 Other Miscellaneous Revenue
10-436-71 Settlement Miscellaneous Revenue
10-436-72 Sale of Fixed Assets
10-436-78 Insurance Proceeds
10-436-80 Reimbursable Revenue - Other
10-436-94 Impact Fees Administration Fees
10-436-96 Grants
TOTAL MISCELLANEOUS REVENUE
TRANSFERS IN FROM OTHER FUNDS
10-437-20 Water - Indirect IT Services
10-437-30 Wastewater - Indirect IT Services
10-437-40 General Admin. Refuse
10-437-56 Broadband - Indirect IT Services
10-437-72 Bag Fee Fund
10-437-80 Open Space - Indirect IT Services
TOTAL TRANSFERS IN FROM OTHER FUNDS
TOTAL GENERAL FUND REVENUES

BUDGET
2026

ACTUAL
2025
$

$

$

$

$

$

$

$

$

$

$

$

$

561,094
27,856
8,816,936
987,569
63
605
244,689
264,865
10,903,675

$

41,370
10,418
3,750
1,283,399
52
7,102
800
25
1,346,915

$

$

$

33,479
319,678
165,453
296,929
157,732
72,498
1,045,768

$

24,525
256,093
81,539
3,503
5,575
29,505
187,082
587,823

$

26,018
3,265
2,392
406,891
20,330
458,896

$

328,166
799
238
2,260
9,000
20,429
(284)
38,825
12,318
2,500
81,623
11,089
5,512
6,114
518,587

$

$

$

$

$

$

$

69,632
49,426
14,000
2,833
6,458
16,782
159,131

$

15,020,795

REVISED
2026

612,000
27,000
8,700,000
589,860
63
500
240,000
243,000
10,412,423

$

40,000
8,000
3,000
745,000
4,000
800
500
801,300

$

$

$

32,000
300,000
165,000
285,000
269,900
74,672
1,126,572

$

18,400
300,000
75,000
15,000
32,000
50,000
490,400

$

20,000
2,100
2,000
48,810
35,000
107,910

$

200,000
500
35,000
10,500
1,600
247,600

$

$

$

$

$

$

$

68,255
45,503
14,000
2,844
8,532
139,134

$

13,325,339

BUDGET
2027

616,000
27,000
9,100,000
570,000
203
553
240,000
243,000
10,796,756

$

40,000
8,000
4,500
446,000
4,000
850
500
503,850

$

$

$

32,000
315,800
180,000
300,000
104,810
74,672
1,007,282

$

8,900
250,000
75,000
500
21,900
30,000
386,300

$

23,000
3,000
2,000
12,800
24,000
64,800

$

200,000
1,200
11,708
30,000
10,500
2,221
1,600
1,302
258,531

$

$

$

$

$

% CHANGE
FROM PY

$ CHANGE
FROM PY

620,000
27,000
9,300,000
570,000
200
550
240,000
240,000
10,997,750

1%
0%
2%
0%
-1%
-1%
0%
-1%
2%

$

40,000
9,000
4,500
706,000
4,000
800
764,300

0%
13%
0%
58%
0%
-6%
-100%
52%

$

33,000
328,300
170,000
300,000
316,000
76,913
1,224,213

3%
4%
-6%
0%
201%
3%
22%

$

6,500
250,000
80,000
500
21,900
50,000
408,900

-27%
0%
7%
0%
0%

$

(2,400)
5,000
-

6%

$

22,600

25,000
3,000
2,000
4,280
24,000
58,280

9%
0%
0%
-67%
0%
-10%

$

2,000
(8,520)
(6,520)

75,000
1,200
9,700
12,173
30,000
11,000
1,600
140,673

-63%
0%
4%
0%
5%
-100%
0%
-100%
-46%

6%
17%
0%
250%
4%
14%

$

$

3,871
7,788
7,112
350
19,121

5%

$

595,719

$

$

68,255
45,503
14,000
2,844
8,532
139,134

$

72,126
53,291
14,000
9,956
8,882
158,255

$

13,156,652

$

13,752,371

$

$

$

$

$

$

4,000
200,000
(3)
(3)
(3,000)
200,994

1,000
260,000
(50)
(500)
260,450

1,000
12,500
(10,000)
211,190
2,241
216,931

(125,000)
9,700
465
500
(2,221)
(1,302)
(117,858)

6

Page 75 of 159

GENERAL FUND: TOWN COUNCIL
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
TOTAL EXPENDITURES

$

$

47,439
674
6,860
46,779
204
101,956

BUDGET
2026
$

$

58,363
500
38,250
30,000
228
127,341

REVISED
2026
$

$

58,174
1,000
37,750
30,000
261
127,185

BUDGET
2027
$

60,620
500
20,750
25,000
234
$ 107,104

% CHANGE
FROM PY
4%
-50%
-45%
-17%
-10%
-16%

$ CHANGE
FROM PY
$

2,446
(500)
(17,000)
(5,000)
(27)
$ (20,081)

7

Page 76 of 159

GENERAL FUND: GENERAL GOVERNMENT
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
TOTAL EXPENDITURES

$

$

412,149
5,067
228,304
3,481
649,002

BUDGET
2026
$

$

472,484
1,100
138,444
6,600
618,628

REVISED
2026
$

$

284,639
1,100
144,444
1,300
431,483

BUDGET
2027
$

$

426,182
6,100
175,692
1,348
609,322

% CHANGE
FROM PY

$ CHANGE
FROM PY

50%
455%
22%
4%
41%

$ 141,543
5,000
31,248
48
$ 177,839

8

Page 77 of 159

GENERAL FUND: GENERAL ADMINISTRATION

PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
CAPITAL OUTLAY

$

TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY

$

772,699
5,507
225,781
14,734
1,018,720

$

$

739,261
4,895
203,964
16,797
964,917

REVISED
2026
$

$

667,452
4,173
236,502
15,700
923,827

BUDGET
2027
$

$

700,412
4,892
198,596
16,403
920,303

% CHANGE
FROM PY
5%
17%
-16%
4%
0%

$ CHANGE
FROM PY
$

$

32,960
719
(37,906)
703
(3,524)

9

Page 78 of 159

GENERAL FUND: COMMUNITY DEVELOPMENT
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICE
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
CAPITAL OUTLAY
TOTAL EXPENDITURES

$

$

910,755
6,863
406,475
2,352
1,326,443

BUDGET
2026
$

$

1,091,700
4,700
745,991
2,587
1,844,978

REVISED
2026
$

$

911,466
4,085
375,696
4,000
1,295,247

BUDGET
2027
$

$

1,153,023
7,600
735,110
5,003
1,900,736

% CHANGE
FROM PY
27%
86%
96%
25%
47%

$ CHANGE
FROM PY
$

$

241,557
3,515
359,414
1,003
605,489

10

Page 79 of 159

GENERAL FUND: MUNICIPAL COURT
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICE
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES

$

TOTAL EXPENDITURES

$

61,362
138
19,999
178
81,677

BUDGET
2026
$

$

67,240
350
33,784
196
101,570

REVISED
2026
$

$

64,034
350
33,784
210
98,378

BUDGET
2027
$

$

68,261
350
43,414
245
112,270

% CHANGE
FROM PY

$ CHANGE
FROM PY

7%
0%
29%
17%
14%

$ 4,227
9,630
35

$ 13,892

11

Page 80 of 159

GENERAL FUND: STREETS

PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
CAPITAL OUTLAY

$

TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY

$

742,896
146,889
811,322
26,854
1,727,961

$

$

1,018,732
206,954
1,095,605
29,460
2,350,751

REVISED
2026
$

$

960,003
227,375
306,360
32,100
1,525,838

BUDGET
2027
$

$

1,046,341
209,454
342,860
24,934
1,623,589

% CHANGE
FROM PY
9%
-8%
12%
-22%
6%

$ CHANGE
FROM PY
$

$

86,338
(17,921)
36,500
(7,166)
97,751

12

Page 81 of 159

GENERAL FUND: PUBLIC SAFETY

PERSONNEL SERVICE
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY
$

$

2,863,351
138,834
602,994
104,543
3,709,720

$

$

2,908,096
170,090
695,878
109,014
3,883,078

REVISED
2026
$

$

2,751,933
338,980
667,101
119,500
3,877,514

BUDGET
2027
$

$

3,013,040
112,040
768,355
112,967
4,006,402

% CHANGE
FROM PY
9%
-67%
15%
-5%
3%

$ CHANGE
FROM PY
$

261,107
(226,940)
101,254
(6,533)
$ 128,888

13

Page 82 of 159

GENERAL FUND: BUILDING & GROUNDS

PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
CAPITAL OUTLAY

$

TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY

$

752,644
100,330
202,190
91,988
1,147,152

$

$

667,930
120,200
227,096
100,478
1,115,704

REVISED
2026
$

$

652,240
141,200
307,106
87,800
1,188,346

BUDGET
2027
$

$

849,207
133,540
220,656
90,507
1,293,910

% CHANGE
FROM PY
30%
-5%
-28%
3%
9%

$ CHANGE
FROM PY
$

$

196,967
(7,660)
(86,450)
2,707
105,564

14

Page 83 of 159

GENERAL FUND: INFORMATION CENTER

PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES

$

TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY

$

25,809
217
43
26,069

$

$

27,544
795
47
28,386

REVISED
2026
$

$

27,662
295
60
28,017

BUDGET
2027
$

$

29,410
295
65
29,770

% CHANGE
FROM PY
6%
0%
8%
6%

$ CHANGE
FROM PY
$

$

1,748
5
1,753

15

Page 84 of 159

GENERAL FUND: EVENTS & MARKETING
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES

$

TOTAL EXPENDITURES

$

225,819
2,374
105,137
92,500
983
426,813

BUDGET
2026
$

$

245,840
1,050
99,960
100,000
1,081
447,931

REVISED
2026
$

$

243,025
2,010
98,060
100,750
1,081
444,926

BUDGET
2027
$

$

267,480
1,855
130,137
103,000
1,567
504,039

% CHANGE
FROM PY
10%
-8%
33%
2%
45%
13%

$ CHANGE
FROM PY
$

$

24,455
(155)
32,077
2,250
486
59,113

16

Page 85 of 159

GENERAL FUND: ENGINEERING
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICE
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
TOTAL EXPENDITURES

$

$

413,541
4,890
12,931
2,409
433,771

BUDGET
2026
$

$

413,657
4,950
12,498
2,649
433,754

REVISED
2026
$

$

348,136
7,250
12,498
2,649
370,533

BUDGET
2027
$

$

524,742
4,950
12,798
3,730
546,220

% CHANGE
FROM PY

$ CHANGE
FROM PY

51%
-32%
2%
41%
47%

$ 176,606
(2,300)
300
1,081
$175,687

17

Page 86 of 159

GENERAL FUND: IT
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES

$

TOTAL EXPENDITURES

$

267,196
52,380
390,576
1,448
711,600

BUDGET
2026
$

$

322,858
79,000
488,200
1,593
891,651

REVISED
2026
$

$

332,880
106,150
473,687
2,200
914,917

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$ 346,886
75,820
511,248
2,499
$ 936,453

4%
-29%
8%
14%
2%

$ 14,006
(30,330)
37,561
299
$ 21,536

18

Page 87 of 159

GENERAL FUND: COMMUNICATIONS
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES

$

TOTAL EXPENDITURES

$

32,271
803
44,373
283
77,730

BUDGET
2026
$

$

101,962
2,750
89,606
311
194,629

REVISED
2026
$

$

104,235
6,750
89,606
400
200,991

BUDGET
2027
$

$

110,098
3,750
83,623
432
197,903

% CHANGE
FROM PY
6%
-44%
-7%
8%
-2%

$ CHANGE
FROM PY
$

$

5,863
(3,000)
(5,983)
32
(3,088)

19

Page 88 of 159

GENERAL FUND: SUSTAINABILITY
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES

$

TOTAL EXPENDITURES

$

103,183
1,555
79,074
15,000
338
199,150

BUDGET
2026
$

$

117,510
1,750
75,765
372
195,397

REVISED
2026
$

$

117,154
1,750
71,140
4,574
194,618

BUDGET
2027
$

$

123,784
1,750
86,865
3,717
216,116

% CHANGE
FROM PY
6%
0%
22%
-19%
11%

$ CHANGE
FROM PY
$

6,630
15,725
(857)
$ 21,498

20

Page 89 of 159

GENERAL FUND: ECONOMIC DEV. & HOUSING
ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
TOTAL EXPENDITURES

$

$

121,530
210
99,832
465
222,038

BUDGET
2026
$

$

125,639
150
211,100
512
337,401

REVISED
2026
$

$

98,063
894
180,600
825
280,382

BUDGET
2027
$

$

50,380
350
126,500
613
177,843

% CHANGE
FROM PY

$ CHANGE
FROM PY

-49%
-61%
-30%
-26%
-37%

$ (47,683)
(544)
(54,100)
(212)
$(102,539)

21

Page 90 of 159

CAPITAL IMPROVEMENTS FUND

FUND BALANCES (Beginning):
RESTRICTED: COMMUNITY ENHANCEMENT 1
RESTRICTED: GRAND AVE
ASSIGNED: GRAND AVENUE
ASSIGNED: AFFORDABLE HOUSING
ASSIGNED: TOWN FACILITIES
ASSIGNED: OTHER CAPITAL PROJECTS 2
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025
$

$

51,242
1,788,531
7,129,504
375,000
5,796,090
15,140,367

$

$

REVISED
2026

157,867
1,969,617
7,737,615
560,000
6,603,369
17,028,468

$

$

$

550,000
35,000
53,500
188,000
160,000
1,750,000
250,000
250,000
955,000
1,045,000
5,236,500

$

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

59,175
7,905,919
560,000
9,264,090
17,789,184

$

8,505,919
560,000
9,898,850
$ 18,964,769

-100%
8%
0%
7%
7%

$

$

$

650,000
60,000
55,438
192,928
620,966
750,000
1,500,000
4,100,000
7,929,332

550,000
60,000
108,157
137,500
1,700,000
500,000
850,854
3,906,511

-15%
0%
95%
-29%
174%
-33%
-100%
-79%
-51%

$ (100,000)
52,719
(55,428)
1,079,034
(250,000)
(1,500,000)
(3,249,146)
$(4,022,821)

$

(59,175)
600,000
634,760
$ 1,175,585

REVENUE
31-430-45
Capital Improvement Interest
31-430-46
Community Enhancement Interest
31-430-47
Devolution & Transportation Interest
31-430-50
Community Enhancement 1
31-430-74
Developer Contribution to Grand Ave.
31-430-84
Public Safety Impact Fees
31-430-85
Street Impact Fees
31-430-86
Use Tax
31-430-87
Grants
31-436-72
Sale of Fixed Assets
31-437-80
Transfer from STCIF
31-437-10
Transfer from General Fund - Grand Ave
31-437-10
Transfer from General Fund - LERP
31-437-10
Transfer from General Fund - Other
TOTAL REVENUE

$

564,255
83,232
58,588
1,594,152
490,728
290,445
2,262,607
5,000
560,000
250,000
955,000
500,000
7,614,008

TOTAL SOURCES

$

22,754,375

$

22,264,968

$

25,718,516

$ 22,871,280

-11%

$(2,847,236)

$

$

$

$

6,664,747
69,000
20,000
6,753,747

$

$

7,428,840
7,428,840

4,597,048
920,574
406,773
5,924,395

-31%
1234%
1934%
-12%

$(2,067,699)
851,574
386,773
$ (829,352)

$

$

EXPENDITURES
Capital Expenditures
Non-Capital Expenditures
Debt Service
Transfers to Other Funds
TOTAL EXPENDITURES & TRANSFERS

$

4,952,721
12,469
4,965,191

NET SOURCE (USE) OF FUNDS

$

2,648,817

$

(2,192,340)

$

1,175,585

$ (2,017,884)

-272%

$(3,193,469)

FUND BALANCES (Ending):
RESTRICTED: COMMUNITY ENHANCEMENT 1
RESTRICTED: GRAND AVE
ASSIGNED: GRAND AVENUE
ASSIGNED: AFFORDABLE HOUSING
ASSIGNED: TOWN FACILITIES
ASSIGNED: OTHER CAPITAL PROJECTS 2
TOTAL FUND BALANCES (Ending):

$

17,789,184

$

14,836,128

$

$

18,964,769
8,505,919
560,000
9,898,850
18,964,769

$ 16,946,885
60,000
6,871,919
560,000
9,454,966
$ 16,946,885

$ (2,017,884)
60,000
(1,634,000)
-

$

211,367
2,004,617
8,192,615
560,000
3,867,529
14,836,128

-11%
-19%
-

$

59,175
7,905,919
560,000
9,264,090
17,789,184

-4%
-11%

(443,884)
$ (2,017,884)

Excess Fund Balance Available per Policy

$

7,799,097

$

800,609

$

7,016,476

$

$

7,973,442

1 Per Holy Cross Energy (HCE) 2010 Franchise agreement, the Town receives 1% of the municipalities revenue, and funds received are restricted to be spent on
programs approved by HCE.
2 Per Town Policy, the fund must maintain fund balance equal to 50% of capital expenditures, less projects with dedicated funding such as Grand Avenue.

22

Page 91 of 159

SALES TAX CAPITAL IMPROVEMENTS FUND

FUND BALANCES (Beginning):
RESTRICTED: NONSPENDABLE
RESTRICTED: DEBT SERVICE RESERVE 1
ASSIGNED: CAPITAL PROJECTS
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025
$

$

161,619
(105,526)
56,093

$

$

REVISED
2026

758,839
1,389,424
2,148,263

$

$

$

1,060,000
346,081
55,000
1,461,081

$

BUDGET
2027

8,142
161,619
3,481,699
3,651,460

$

$

$

1,127,000
(250,000)
346,081
90,000
222,500
1,535,581

$

% CHANGE
FROM PY

$ CHANGE
FROM PY

8,142
1,015,101
1,819,697
2,842,940

0%
528%
-48%
-22%

$

2%
-100%
0%
-17%
-100%
2%

$

$

1,150,000
346,456
75,000
1,571,456

$

23,000
250,000
375
(15,000)
(222,500)
35,875

$

(772,645)

$

853,482
(1,662,002)
$ (808,520)

REVENUE
61-431-30 Sales Tax
61-433-10 Grants
61-433-20 Mountain Rec Capital Funds
61-433-30 Mountain Rec Debt Service Match
61-436-10 Interest - ColoTrust STCIF
61-436-15 Interest - ColoTrust Project Fund
61-436-42 Contributions & Donations
61-436-50 Debt Proceeds
61-436-60 Debt Premium
61-436-78 Insurance Proceeds
TOTAL REVENUE

$

1,102,117
572,249
215,254
96,329
55,456
3,000
8,805,000
378,947
11,228,351

TOTAL SOURCES

$

11,284,445

$

3,609,344

$

5,187,041

$

4,414,396

-15%

$

$

$

50,000
4,000
25,000
44,500
123,500

$

$

50,000
4,000
25,000
79,000

$

$

55,646
55,646

$

100,000
25,000
22,500
147,500

100%
-100%
0%
-49%
19%

$

50,000
(4,000)
(22,000)
24,000

$
$

-

$
$

-

$
$

25,000
25,000

$
$

-

-100%
-100%

$
$

(25,000)
(25,000)

$

5,930,068
141,541
317,285
318
6,389,212

$

125,000
645,000
770,000

$

582,000
203,000
392,500
1,177,500

$

200,000
1,000,000
1,200,000

-100%
-1%
155%
2%

$

(582,000)
(3,000)
607,500
22,500

$

$

$

175,000
120,000
463,838
178,789
500
938,127

$

300,000
130,000
585,850
3,000
1,018,850

5%
4%
-3%
0%
0%

$

15,000
5,000
(19,251)
749

TRANSFERS TO OTHER FUNDS
61-50-950
Transfer to Capital Improvement Fund $

EXPENDITURES
CHARGES FOR SERVICES
61-50-310
Communication & Shipping
61-50-347
Professional Services
61-50-351
Legal
61-50-360
R&M Services
61-50-361
Trail Repair & Maintenance
TOTAL CHARGES FOR SERVICES
FIXED CHARGES
61-50-510
Insurance
TOTAL FIXED CHARGES
CAPITAL OUTLAY
61-50-720
Multi-Use Rec Facilities Improvements
61-50-730
Paved Path Improvements
61-50-745
Town Park Improvements
61-50-760
River Park Improvements
TOTAL CAPITAL OUTLAY
DEBT SERVICE
61-50-814
Debt Service - Pool
61-50-815
Debt Service - River Park
61-50-816
Debt Service Interest
61-50-810
Cost of Issuance
61-50-820
Agent Fees
TOTAL DEBT SERVICE

$

$
$

$

$

$

$

$

$

410,000
605,101
3,000
1,018,101

$

285,000
125,000
605,101
3,000
1,018,101

$

250,000

$

250,000

$

-

$

-

0%

$

-

TOTAL EXPENDITURES & TRANSFERS

$

7,632,984

$

2,117,101

$

2,344,101

$

2,366,350

1%

$

22,249

NET SOURCE (USE) OF FUNDS

$

3,595,367

$

(656,020)

$

(808,520)

$

(794,894)

-2%

$

13,626

FUND BALANCES (Ending):
RESTRICTED: NONSPENDABLE
RESTRICTED: DEBT SERVICE RESERVE 1
ASSIGNED: CAPITAL PROJECTS
TOTAL FUND BALANCES (Ending):

$
$

$
$

$

2,048,046
1,015,850
1,032,196
2,048,046

-28%
-100%
0%
-43%
-28%

$
$

$

2,842,940
8,142
1,015,101
1,819,697
2,842,940

$
$

$

1,492,243
1,015,101
477,142
1,492,243

$
$

$

3,651,460
8,142
161,619
3,481,699
3,651,460

(794,894)
(8,142)
749
(787,501)
(794,894)

Excess Fund Balance Available per Policy

$

3,481,699

$

477,142

$

1,819,697

$

1,032,196

$

Funds may be used for 1) The acquisition, design, and construction of the Eagle River Park, 2) Other Town parks, 3) Path improvements, and 4) Multi-recreational
facilities
1 Per Town Policy, the fund must maintain fund balance equal to one year of debt service.

23

Page 92 of 159

CONSERVATION TRUST FUND

FUND BALANCES (Beginning):
RESTRICTED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)
REVENUES
71-430-10
Lottery Proceeds
71-430-20
Interest on Investments
TOTAL REVENUES
TOTAL SOURCES

BUDGET
2026

ACTUAL
2025

REVISED
2026

BUDGET
2027

$ CHANGE
FROM PY

$
$

264,864
264,864

$
$

208,864
208,864

$
$

321,323
321,323

$
$

375,323
375,323

17%
17%

$ 54,000
$ 54,000

$

$

$

45,000
45,000

7%
-100%
-17%

$

$

42,000
12,000
54,000

$

$

42,000
12,000
54,000

$

$

44,070
12,388
56,459

3,000
(12,000)
$ (9,000)

$

321,323

$

262,864

$

375,323

$

420,323

12%

$ 45,000

$

$

$

150,000
158,000
308,000

100%
0%
-

$

$

-

$

$

-

587%

$(317,000)

70%

$(263,000)
(263,000)
$(263,000)

EXPENDITURES
71-50-347
Professional Services
71-50-750
Park Improvements
71-50-755
Haymaker Trailhead Improvements
71-50-900
Contingency
TOTAL EXPENDITURES & TRANSFERS

$

-

NET SOURCE (USE) OF FUNDS

$

56,459

$

54,000

$

54,000

$ (263,000)

FUND BALANCES (Ending):
RESTRICTED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

$

$

375,323
375,323
375,323

$

$

262,864
262,864
262,864

$

$

321,323
321,323
321,323

$

112,323
112,323
112,323

$

321,323

$

262,864

$

375,323

$

112,323

Excess Fund Balance Available per Policy

% CHANGE
FROM PY

$

-70%
-70%

150,000
158,000
$ 308,000

Lottery proceeds may be used for the acquisition, development, & maintenance of new conservation sites or for capital improvements or maintenance for recreational
purposes on any public site
1 Per Town Policy, there is no minimum required fund balance.

24

Page 93 of 159

DISPOSABLE BAG FEE FUND

FUND BALANCES (Beginning):
RESTRICTED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025

REVISED
2026

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$
$

33,702
33,702

$
$

33,426
33,426

$
$

33,960
33,960

$
$

35,907
35,907

6%
6%

$
$

1,947
1,947

$

$

$

8,000
3,800
11,800

0%
0%
0%

$

$

8,000
3,800
11,800

$

$

8,000
8,000

$

$

10,734
10,734

$

-

$

44,436

$

41,426

$

45,760

$

47,707

4%

$

1,947

$

$

$

9,853
9,853

$

$

10,000
7,500
17,500

$

$

4,018
6,458
10,476

$

10,000
14,000
24,000

42%
144%

$ 10,000
4,147
$ 14,147

NET SOURCE (USE) OF FUNDS

$

258

$

(9,500)

$

1,947

$

(12,200)

727%

(14,147)

FUND BALANCES (Ending):
RESTRICTED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

$

$

35,907
35,907
35,907

$

$

23,926
23,926
23,926

$

$

33,960
33,960
33,960

$

23,707
23,707
23,707

34%
-34%
-34%

$ (12,200)
(12,200)
$ (12,200)

$

33,960

$

23,926

$

35,907

$

23,707

REVENUES
72-434-10
Disposable Bag Fee
72-434-30
Sponsorship & Event Revenue
TOTAL REVENUES
TOTAL SOURCES
EXPENDITURES
72-50-220
Operating Expenditures
72-50-347
Professional Services
72-50-410
Event Production
72-50-920
Transfer to General Fund
TOTAL EXPENDITURES & TRANSFERS

Excess Fund Balance Available per Policy

Fees may be used for program administration, related education and outreach, and community recycling, compost or waste diversion programs
1 Per Town Policy, there is no minimum required fund balance.

25

Page 94 of 159

EXTERIOR ENERGY OFFSET PROGRAM (EEOP) FUND

FUND BALANCES (Beginning):
COMMITTED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025

REVISED
2026

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$
$

29,214
29,214

$
$

20,411
20,411

$
$

30,367
30,367

$
$

19,713
19,713

-35%
-35%

$ (10,654)
$ (10,654)

$

$

$
$

9,346
20,000
29,346

$

$

-

$

23,000
23,000

-100%
15%
-22%

$ (9,346)
3,000
$ (6,346)

REVENUES
73-432-10
Exterior Energy Offset Program
73-437-10
Transfer from General Fund
TOTAL REVENUES

$

30,154
30,154

TOTAL SOURCES

$

59,367

$

20,411

$

59,713

$

42,713

-28%

$ (17,000)

$

$

$

42,000
42,000

5%
5%

$

$

40,000
40,000

$

$

20,000
20,000

$

$

29,000
29,000

NET SOURCE (USE) OF FUNDS

$

1,154

$

(20,000)

$

(10,654)

$

(19,000)

-78%

(8,346)

FUND BALANCES (Ending):
COMMITTED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

$

$

19,713
19,713
19,713

$

$

411
411
411

$

$

30,367
30,367
30,367

$

713
713
713

96%
-96%
-96%

$ (19,000)
(19,000)
$ (19,000)

$

30,367

$

411

$

19,713

$

713

EXPENDITURES
73-50-220
Operating Expenditures
73-50-347
Professional Services
73-50-920
Transfer to General Fund
TOTAL EXPENDITURES & TRANSFERS

Excess Fund Balance Available per Policy

$

2,000
2,000

Fees may be used for financial assistance, rebates, and incentives to promote energy-efficient projects within the Town.
1 Per Town Policy, there is no minimum required fund balance.

26

Page 95 of 159

OPEN SPACE PRESERVATION FUND

FUND BALANCES (Beginning):
RESTRICTED: WILDLIFE MITIGATION
COMMITTED FUND BALANCE 1
TOTAL FUND BALANCE (Beginning)

BUDGET
2026

ACTUAL
2025

$

$

1,372,362
$1,372,362

-100%
32%
3%

$ (294,000)
333,768
$ 39,768

$ 250,000
300
40,000
87,500
50,000
$ 427,800

3%
-69%
-11%
-100%
338%
67%
-100%
-6%

$

$

$

$

243,000
980
45,000
16,513
20,000
30,000
100,000
455,493

1,708,328

$

1,664,656

$

1,788,087

$1,800,162

1%

7,000
(680)
(5,000)
(16,513)
67,500
20,000
(100,000)
$ (27,693)
$
-

$

$

220,256
309,318
8,532
538,106

$

$

137,147
221,805
16,782
375,735

$

92,850
314,343
8,532
415,725

$ 458,000
323,972
8,882
$ 790,854

393%
3%
4%
90%

$ 365,150
9,629
350
$ 375,129

NET SOURCE (USE) OF FUNDS

$

454,056

$

(114,806)

$

39,768

$ (363,054)

-1013%

(402,822)

FUND BALANCES (Ending):
RESTRICTED: WILDLIFE MITIGATION
COMMITTED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

$

$

1,126,550
1,126,550
1,126,550

$

$

1,332,594
294,000
1,038,594
1,332,594

$

1,372,362
1,372,362
1,372,362

$1,009,308
1,009,308
$1,009,308

-26%
-26%
-26%

$ (363,054)
(363,054)
$ (363,054)

$

983,143

$

1,049,221

$

1,293,776

$ 928,315

Excess Fund Balance Available per Policy

$

$ CHANGE
FROM PY

243,000
300
30,000
50,000
100,000
423,300

EXPENDITURES
Capital Expenditures
Operating Expenses
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

$

$

264,865
1,772
42,075
1,517
369,660
7,402
142,500
829,791

$
$

$

$

$

294,000
1,038,594
1,332,594

% CHANGE
FROM PY

$

TOTAL SOURCES

$

BUDGET
2027

1,241,356
1,241,356

REVENUES
81-430-10
Lodging Tax
81-430-15
Penalty & Interest
81-430-20
Interest on Investments
81-431-00
Grants
81-431-10
Developer Contribution
81-433-00
Intergovernmental Contributions
81-434-40
Real Estate Transfer Fee
81-437-10
Transfer from General Fund
TOTAL REVENUES

878,537
878,537

REVISED
2026

Funds may be used for 1) Open space buffer zones, 2) Trails within open space areas, 3) Wildlife habitats & wetland preservation, 4) Construction & maintenance of
soft path rec trails connecting to the existing Town system, and 5) Construction of facilities such as restrooms, parking, & other improvements to enhance user
experience within Town open space and adjacent lands.
1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures.

27

Page 96 of 159

OPEN SPACE PRESERVATION FUND

PERSONNEL
MATERIALS & SUPPLIES
CHARGES FOR SERVICES
DISCRETIONARY FUNDING
FIXED CHARGES
CAPITAL EXPENDITURES
CONTINGENCY
TRANSFERS TO OTHER FUNDS
TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY
$

$

143,698
7,479
68,702
1,927
137,147
16,782
375,735

$

$

213,988
12,200
81,010
2,120
220,256
8,532
538,106

REVISED
2026
$

$

219,097
8,566
84,680
2,000
92,850
8,532
415,725

BUDGET
2027

% CHANGE
FROM PY

232,413
20,800
67,200
3,559
458,000
8,882
$ 790,854

6%
143%
-21%
78%
393%
0%
0%
90%

$

$ CHANGE
FROM PY
$

5,109
(3,634)
3,670
(120)
(127,406)
$ (122,381)

28

Page 97 of 159

DOWNTOWN DEVELOPMENT AUTHORITY FUND

FUND BALANCES (Beginning):
RESTRICTED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025

REVISED
2026

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$
$

31,837
31,837

$
$

35,412
35,412

$
$

38,456
38,456

$
$

31,203
31,203

-19%
-19%

$ (7,253)
$ (7,253)

$

$

$

$

$

28,000
2,500
30,500

8%
-100%
0%

$

26,000
18,386
2,500
46,886

$

$

25,000
2,500
27,500

-35%

2,000
(18,386)
$ (16,386)

REVENUES
91-431-10
TIF Property Taxes
91-433-10
Grants
91-436-10
DDA Interest
91-437-10
Transfer From General Fund
TOTAL REVENUES

$

42,185
51,554
2,435
96,174

TOTAL SOURCES

$

128,011

$

62,912

$

85,342

$

61,703

-28%

$ (23,639)

$

$

$

1,000
41,000
4,450
1,000
500
1,000
128
49,078

-100%
0%
54%
0%
0%
-100%
0%
30%
-7%
-9%

$

$

3,200
1,000
26,629
4,450
1,000
16,451
500
771
138
54,139

$

$

1,000
40,600
5,000
2,000
500
138
49,238

$

$

1,000
8,969
1,087
1,732
74,881
495
1,266
126
89,555

(3,200)
14,371
(16,451)
229
(10)
$ (5,061)

NET SOURCE (USE) OF FUNDS

$

6,619

$

(21,738)

$

(7,253)

$

(18,578)

-156%

(11,325)

FUND BALANCES (Ending):
RESTRICTED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

$

31,203

$

12,625

-60%

$ (18,578)

$

13,674
13,674
13,674

$

$

38,456
38,456
38,456

$

31,203
31,203

$

12,625
12,625

-60%
-60%

(18,578)
$ (18,578)

$

16,068

$

1,365

$

17,668

$

356

EXPENDITURES
91-50-210
Office Supplies
91-50-235
Minor Equipment
91-50-330
Dues & Subscriptions
91-50-347
Professional Services
91-50-351
Legal
91-50-371
Travel
91-50-379
Grant Program Expenditures
91-50-380
Tuition & Books
91-50-385
Treasurer Fees
91-50-510
Insurance
TOTAL EXPENDITURES & TRANSFERS

Excess Fund Balance Available per Policy

1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures.

29

Page 98 of 159

PARKING FEE IN LIEU FUND
ACTUAL
2025
FUND BALANCES (Beginning):
RESTRICTED FUND BALANCE
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

REVISED
2026

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$
$

-

$
$

-

$
$

-

$
$

-

-

$
$

-

Parking Fee in Lieu - Operating
Parking Fee in Lieu - Capital
Miscellaneous
TOTAL REVENUES

$

$

$

$

-

-

$

-

$

$

-

$

$

-

-

$

-

TOTAL SOURCES

$

-

$

-

$

-

$

-

-

$

-

$

$

$

$

-

-

$

$

-

$

$

-

-

REVENUES

EXPENDITURES
Office Supplies
Operating Supplies
Professional Services
Legal
Insurance
TOTAL EXPENDITURES & TRANSFERS

$

-

NET SOURCE (USE) OF FUNDS

$

-

$

-

$

-

$

-

-

FUND BALANCES (Ending):
RESTRICTED FUND BALANCE
TOTAL FUND BALANCE (Ending)

$

-

$

-

$

-

$

-

-

$

-

$

-

30

Page 99 of 159

WASTEWATER FUND
ACTUAL
FUND BALANCES (Beginning):
RESTRICTED: RATE STABILIZATION 1
ASSIGNED FUND BALANCE 2
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

2025
$
$

417,951
10,517,754
10,935,705

$

$

REVISED
2026

498,581
11,712,991
12,211,572

$

$

$

3,520,000
200,000
799,000
4,519,000

$

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

417,951
13,679,278
14,097,229

$

535,823
14,709,772
$ 15,245,595

28%
8%
8%

$

$ 3,700,000
250,000
656,700
$ 4,606,700

3%
-44%
148%
-100%
-10%

$

$

3,600,000
450,000
265,000
801,228
5,116,228

$

100,000
(200,000)
391,700
(801,228)
(509,528)
638,839

$

117,872
1,030,494
$ 1,148,367

REVENUE
Operating Revenues
Interest on Investments
Plant Investment Fees (Tap Fees)
Intergovernmental Contribution
TOTAL REVENUE

$

3,496,046
497,925
2,780,020
6,773,991

TOTAL SOURCES

$

17,709,696

$

16,730,572

$

19,213,456

$ 19,852,295

3%

$

$

$

$

9,851,000
2,084,297
969,470
45,503
12,950,270

$

$

1,104,108
1,495,037
963,896
49,426
3,612,467

$

855,098
2,097,790
969,470
45,503
3,967,861

$ 6,345,000
2,248,479
972,520
53,291
$ 9,619,290

642%
7%
0%
17%
142%

$ 5,489,902
150,689
3,050
7,788
$ 5,651,429

NET SOURCE (USE) OF FUNDS

$

3,161,524

$

(8,431,270)

$

1,148,367

$ (5,012,590)

-536%

$ (6,160,957)

FUND BALANCES (Ending):

$

14,097,229

$

3,780,302

$

15,245,595

$ 10,233,005

-33%

$ (5,012,590)

$

417,951
13,679,278
14,097,229

$

532,450
3,247,852
3,780,302

$

535,823
14,709,772
15,245,595

575,443
9,657,563
$ 10,233,005

7%
-34%
-33%

39,619
(5,052,209)
$ (5,012,590)

$

12,759,574

$

2,289,758

$

13,751,678

$ 8,698,366

EXPENDITURES
Capital Expenditures
Operating Expenditures
Debt Service
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

RESTRICTED: RATE STABILIZATION 1
ASSIGNED FUND BALANCE 2
FUND BALANCE (Ending)
Excess Fund Balance Available per Policy

$

1 Per the 2007 loan the Town shall maintain an operations and maintenance reserve equal to three months of operation and maintenance expenses, excluding
depreciation of the system.
2 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

31

Page 100 of 159

WASTEWATER FUND

51-434-70
51-436-50
51-436-65
51-434-90
51-436-55
51-436-67
51-436-69

Service Fees
Interest Income
Premium Accretion
Plant Investment Fees (Tap Fees)
Grants
Intergovernmental Contribution
Miscellaneous
TOTAL REVENUE

$

$

3,496,083
497,925
2,780,020
(37)
6,773,991

$

$

ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
FIXED CHARGES
CAPITAL OUTLAY
DEBT SERVICE
CONTINGENCY
TRANSFER TO OTHER FUNDS
TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

REVENUE DETAIL

$

$

762,718
93,725
581,427
57,166
1,104,108
963,896
49,426
3,612,467

3,520,000
200,000
799,000
4,519,000

REVISED
2026
$

$

BUDGET
2026
$

$

999,371
157,500
814,544
62,882
9,851,000
969,470
50,000
45,503
12,950,270

3,600,000
450,000
265,000
801,228
5,116,228

REVISED
2026
$

$

948,336
143,160
884,294
72,000
855,098
969,470
50,000
45,503
3,967,861

BUDGET
2027

% CHANGE
FROM PY

$ 3,700,000
250,000
656,700
$ 4,606,700

3%
-44%
148%
-100%
-10%

BUDGET
2027

% CHANGE
FROM PY

$ 1,078,822
167,500
890,239
61,918
6,345,000
972,520
50,000
53,291
$ 9,619,290

14%
17%
1%
-14%
642%
0%
0%
17%
142%

$ CHANGE
FROM PY
$

$

100,000
(200,000)
391,700
(801,228)
(509,528)

$ CHANGE
FROM PY
$

130,486
24,340
5,945
(10,082)
5,489,902
3,050
7,788
$ 5,651,429

32

Page 101 of 159

WATER FUND

FUND BALANCES (Beginning):
RESTRICTED: DEBT SERVICE 1
ASSIGNED FUND BALANCE 2
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025

REVISED
2026

960,331
16,308,855
$ 17,269,186

16%
-16%
-15%

134,034
(3,147,619)
$ (3,013,586)

$ 5,170,000
600,000
72,100
1,044,000
$ 6,886,100

17%
9%
33%
106%
-100%
21%

$

$

4,430,000
550,000
54,400
506,800
141,393
5,682,593

23,209,175

$

25,965,365

$ 24,155,286

-7%

$ (1,810,079)

$

$

2,972,500
2,708,786
990,723
193,255
6,865,264

$

4,786,600
2,850,601
990,723
68,255
8,696,179

$ 1,246,030
2,968,787
992,982
72,126
$ 5,279,925

-74%
4%
0%
6%
-39%

$ (3,540,570)
118,186
2,259
3,871
$ (3,416,254)

(705,372)

$

(125,671)

$

(3,013,586)

$ 1,606,175

-153%

4,619,761

$

20,282,772

$

16,343,911

$

17,269,186

$ 18,875,361

9%

$ 1,606,175

$

826,297
19,456,475
20,282,772

$

924,877
15,419,034
16,343,911

$

960,331
16,308,855
17,269,186

990,442
17,884,919
$ 18,875,361

3%
10%
9%

30,111
1,576,064
$ 1,606,175

$

18,717,687

$

14,675,992

$

15,565,813

$ 17,140,183

$

$

5,027,000
400,000
89,705
1,172,000
50,888
6,739,593

30,619,129

$

$

$

6,961,536
2,320,139
985,051
69,632
10,336,357

NET SOURCE (USE) OF FUNDS

$

FUND BALANCES (Ending):

EXPENDITURES
Capital Expenditures
Operating Expenditures
Debt Service
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

RESTRICTED: DEBT SERVICE 1
ASSIGNED FUND BALANCE 2
TOTAL FUND BALANCE (Ending)
Excess Fund Balance Available per Policy

$ CHANGE
FROM PY

$

$

TOTAL SOURCES

% CHANGE
FROM PY

826,297
19,456,475
20,282,772

853,962
15,615,620
16,469,582

REVENUE
Operating Revenues
Interest on Investments
Other Revenue
Plant Investment Fees (Tap Fees)
Intergovernmental Contribution
Water Miscellaneous Revenue
Water Rights, Cash in Lieu
Transfers-In
TOTAL REVENUE

BUDGET
2027

$

840,448
20,147,696
20,988,144

$

$

$

5,208,317
881,436
148,805
3,277,251
1,176
114,000
9,630,985

$

$

$

$

$

$

$

740,000
50,000
17,700
537,200
(141,393)
$ 1,203,507

1 Per the 2018 loan agreement the Town shall maintain an operations and maintenance reserve in an amount equal to three months operations and maintenance
expenses (not to exceed $1,250,000)
2 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

33

Page 102 of 159

WATER FUND
ACTUAL
2025

REVENUE DETAIL
52-434-70
52-434-80
52-434-83
52-434-84
52-434-85
52-434-90
52-434-95
52-436-50
52-436-75
52-436-78
52-436-94
52-436-95
52-437-82

Debt Service Surcharge
Water Sales - In Town
Water Sales - Out Of Town
Fill Station Water Sales
Water Materials/Other
Plant Investment Fees (Tap Fees)
Cash-In-Lieu Of Water Rights
Water Interest
Service Charge
Insurance Proceeds
Intergovernmental Contribution
Water Miscellaneous Revenue
Transfer from Broadband Fund
TOTAL REVENUE

$

$

$

$

ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
FIXED CHARGES
CAPITAL EXPENDITURES
DEBT SERVICE
CONTINGENCY
TRANSFER TO OTHER FUNDS
TOTAL EXPENDITURES

479,311
4,117,394
589,146
22,466
114,728
3,277,251
114,000
881,436
22,485
11,592
1,176
9,630,985

BUDGET
2026

$

$

1,112,022
360,133
730,975
117,009
6,961,536
985,051
69,632
10,336,357

477,000
4,000,000
550,000
73,705
1,172,000
400,000
16,000
50,888
6,739,593

REVISED
2026
$

$

BUDGET
2026
$

$

1,426,974
289,700
820,030
122,082
2,972,500
990,723
50,000
193,255
6,865,264

480,000
3,400,000
550,000
24,400
506,800
550,000
30,000
141,393
5,682,593

REVISED
2026
$

$

1,226,726
438,700
1,042,175
93,000
4,786,600
990,723
50,000
68,255
8,696,179

BUDGET
2027

% CHANGE
FROM PY

480,000
4,100,000
590,000
56,100
1,044,000
600,000
16,000
$ 6,886,100

0%
21%
7%

$

130%
106%
9%
-47%
-100%
21%

31,700
537,200
50,000
(14,000)
(141,393)
$ 1,203,507

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$ 1,370,571
380,200
1,071,592
96,424
1,246,030
992,982
50,000
72,126
$ 5,279,925

12%
-13%
3%
4%
-74%
0%
0%
6%
-39%

$

$ CHANGE
FROM PY
700,000
40,000

$

143,845
(58,500)
29,417
3,424
(3,540,570)
2,259
3,871
$ (3,416,254)

34

Page 103 of 159

REFUSE FUND

FUND BALANCES (Beginning):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025

REVISED
2026

$
$

318,656
318,656

$
$

280,683
280,683

$
$

357,026
357,026

$

$
$

1,067,600
15,000
1,082,600

$

$

1,041,722
15,161
1,056,882

$

1,375,538

$

$

$

$

1,004,512
14,000
1,018,512

NET SOURCE (USE) OF FUNDS

$

FUND BALANCES (Ending):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

REVENUE
Operating Revenues
Non-Operating Revenues
Transfers-In
TOTAL REVENUE
TOTAL SOURCES
EXPENDITURES
Capital Expenditures
Operating Expenditures
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

Excess Fund Balance Available per Policy

$

BUDGET
2027
$
$

% CHANGE
FROM PY

$ CHANGE
FROM PY

347,289
347,289

-3%
-3%

$
$

(9,737)
(9,737)

$ 1,093,100
12,000
$ 1,105,100

3%
0%
3%

$

$

1,063,100
12,000
1,075,100

$

30,000
30,000

1,363,283

$

1,432,126

$ 1,452,389

1%

$

20,263

$

1,080,098
14,000
$ 1,094,098

-100%
4%
0%
1%

$

$

29,170
1,041,667
14,000
1,084,837

$

$

1,046,137
14,000
1,060,137

$

(29,170)
38,431
9,261

38,370

$

22,463

$

(9,737)

$

11,002

-213%

$

20,739

357,026
357,026
357,026

$

$

347,289

$

358,291

3%

$

11,002

$

303,146
303,146
303,146

$

347,289
347,289

$

358,291
358,291

3%
3%

$

11,002
11,002

105,898

$

41,612

$

86,873

$

88,267

1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures.

35

Page 104 of 159

REFUSE FUND
REVENUE DETAIL
OPERATING REVENUES
53-434-40
Service Fees
53-434-50
Yardwaste/Recycle Center Fee
53-434-60
Administrative Fee
OPERATING REVENUES
NON-OPERATING REVENUES
53-436-50
Interest Income
53-436-70
Miscellaneous Revenue
NON-OPERATING REVENUES
TRANSFERS
53-437-30
TRANSFER FROM GENERAL FUND
TOTAL TRANSFERS
TOTAL REVENUES

$

BUDGET

REVISED

BUDGET

% CHANGE

$ CHANGE

2025

2026

2026

2027

FROM PY

FROM PY

$

990,000
42,600
30,500
1,063,100

$ 1,020,000
42,600
30,500
$ 1,093,100

3%
0%
0%
3%

$

12,000
12,000

$

$

968,290
42,638
30,794
1,041,722

$

$

$

994,500
42,600
30,500
1,067,600

$

15,161
15,161

$

15,000
15,000

$

12,000
12,000

$

-

$

-

$

-

$

1,056,882

$

1,082,600

$

1,075,100

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
FIXED CHARGES
CAPITAL EXPENDITURES
DEBT SERVICES
CONTINGENCY
TRANSFERS TO OTHER FUNDS
TOTAL EXPENDITURES

ACTUAL

$

$

12,200
67
990,615
1,630
14,000
1,018,512

$

$

13,403
475
1,030,466
1,793
14,000
1,060,137

$

30,000
30,000

0%
0%

$

-

-

0%
0%

$

-

$ 1,105,100

3%

$

30,000

BUDGET
2027

% CHANGE
FROM PY

16,029
775
1,060,938
2,356
14,000
$ 1,094,098

22%
63%
3%
7%
-100%

REVISED
2026
$

$

13,184
475
1,025,808
2,200
29,170
14,000
1,084,837

$

0%
1%

$

$ CHANGE
FROM PY
$

$

2,845
300
35,130
156
(29,170)
9,261

36

Page 105 of 159

STORMWATER FUND

FUND BALANCES (Beginning):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025

REVISED
2026

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$
$

318,754
318,754

$
$

384,797
384,797

$
$

405,635
405,635

$
$

273,712
273,712

-33%
-33%

$ (131,923)
$ (131,923)

$

$

$

143,250
14,000
157,250

0%
0%
0%

$

$

143,250
14,000
157,250

$

$

143,250
10,800
154,050

$

$

94,715
12,138
106,853

$

425,607

$

538,847

$

562,885

$

430,962

-23%

$ (131,923)

$

$

$

250,000
39,173
289,173

$

$

250,000
39,173
289,173

$

$

19,972
19,972

$

39,327
39,327

-100%
0%
-86%

$ (250,000)
154
$ (249,846)

NET SOURCE (USE) OF FUNDS

$

86,881

$

(135,123)

$

(131,923)

$

117,923

-189%

$ 249,846

FUND BALANCES (Ending):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

$

$

391,635
391,635
391,635

43%

$

273,712
273,712
273,712

$

$

249,674
249,674
249,674

$

$

405,635
405,635
405,635

$ 117,923
117,923
117,923

$

400,642

$

239,881

$

263,919

$

381,803

REVENUE
Operating Revenues
Non-Operating Revenues
Transfers-In
TOTAL REVENUE
TOTAL SOURCES
EXPENDITURES
Capital Expenditures
Operating Expenditures
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

Excess Fund Balance Available per Policy

$

43%

$

0

-

1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

37

Page 106 of 159

STORMWATER FUND
REVENUE DETAIL
OPERATING REVENUES
55-434-40
Service Fees
OPERATING REVENUES
NON-OPERATING REVENUES
55-436-10
Interest Income
55-436-70
Miscellaneous Revenues
NON-OPERATING REVENUES
TRANSFERS
55-437-10
Transfer From General Fund
TOTAL TRANSFERS
TOTAL REVENUES

$

BUDGET

REVISED

BUDGET

% CHANGE

$ CHANGE

2025

2026

2026

2027

FROM PY

FROM PY

94,715
94,715

$

$

$

12,138
12,138

$
$
$

$

$

$

$

$

143,250
143,250

$

$

0%
0%

$

-

$

-

$
$

-

-

$
$

-

154,050

$

157,250

$

157,250

0%

$

-

BUDGET
2026
10,000
29,110
63
250,000
289,173

REVISED
2026
$

$

10,000
28,581
592
250,000
289,173

BUDGET
2027
$

$

10,000
29,240
87
39,327

% CHANGE
FROM PY

$

-

$
$

$

$

0%
0%

-

106,853

$

$

143,250
143,250

$

$
$

$

$

$

-

$

143,250
143,250

14,000
14,000

$

19,916
56
19,972

$

14,000
14,000

10,800
10,800

ACTUAL
2025

EXPENDITURE SUMMARY
PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
FIXED CHARGES
CAPITAL EXPENDITURES
DEBT SERVICE
CONTINGENCY
TRANSFERS TO OTHER FUNDS
TOTAL EXPENDITURES

ACTUAL

$ CHANGE
FROM PY

0%
2%
-85%
-100%

$

659
(505)
(250,000)

-86%

$ (249,846)

38

Page 107 of 159

BROADBAND FUND

FUND BALANCES (Beginning):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)

BUDGET
2026

ACTUAL
2025

REVISED
2026

BUDGET
2027

% CHANGE
FROM PY

$ CHANGE
FROM PY

$
$

55,967
55,967

$
$

50,978
50,978

$
$

108,295
108,295

$
$

133,677
133,677

23%
23%

$
$

25,382
25,382

$

$

57%
-100%
54%
-100%
-100%
4%
41%

65,000

$

180,000
107,760
55,000
342,760

$

$

115,000
900
70,000
1,241
3,000
53,000
243,141

$

$

180,000
107,760
49,500
125,000
462,260

$

$

100,118
73,996
592
924
55,077
230,708

$

99,619

$

286,675

$

513,238

$

351,436

$

476,437

36%

$

125,001

$

$

$

289,554
9,956
299,510

35%
250%
38%

$

$

214,915
2,844
217,759

$

$

342,955
53,732
396,687

$

$

175,547
2,833
178,380

$

74,639
7,112
81,751

NET SOURCE (USE) OF FUNDS

$

52,327

$

65,573

$

25,382

$

43,250

70%

$

17,868

FUND BALANCES (Ending):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

$

$

176,927
176,927
176,927

32%
32%
32%

$

$

133,677
133,677
133,677

$

$

116,551
116,551
116,551

$

$

108,295
108,295
108,295

43,250
43,250
43,250

$

64,408

$

30,812

$

79,948

$

104,538

REVENUE
56-434-10
Broadband Fees - Residential (In Town)
56-434-20
Broadband Fees - Residential (Out of Town)
56-434-30
Broadband Fees - Business
56-434-40
Broadband Installation Fees
56-436-50
Interest
56-431-50
Franchise Fees
Transfers-In from Water Fund
56-437-52
TOTAL REVENUE
TOTAL SOURCES
EXPENDITURES
Capital Expenditures
Operating Expenditures
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

Excess Fund Balance Available per Policy

37,760

$

1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

39

Page 108 of 159

BROADBAND FUND

PERSONNEL SERVICES
SUPPLIES
CHARGES FOR SERVICES
FIXED CHARGES
CAPITAL EXPENDITURES
DEBT SERVICE
CONTINGENCY
TRANSFERS TO OTHER FUNDS
TOTAL EXPENDITURES

BUDGET
2026

ACTUAL
2025

EXPENDITURE SUMMARY
$

$

57,785
30,383
86,254
1,126
2,833
178,380

$

$

56,116
150,000
135,600
1,239
53,732
396,687

REVISED
2026
$

$

53,733
75,599
84,601
982
2,844
217,759

BUDGET
2027
$

$

56,171
150,500
82,250
633
9,956
299,510

% CHANGE
FROM PY
5%
99%
-3%
-36%
250%
38%

$ CHANGE
FROM PY
$

$

2,438
74,901
(2,351)
(349)
7,112
81,751

40

Page 109 of 159

Capital Improvement Plan Summary 2026 - 2035
Total Budgets by Fund
Row Labels
Capital Imp Fund
Conservation Trust Fund
Open Space Fund
Refuse Fund
Sales Tax CIF
Stormwater Fund
Wastewater Fund
Water Fund
Grand Total

2026 Final
Total
6,733,747
92,850
29,170
1,177,500
250,000
855,098
4,786,600
13,924,965

2027 Total
5,517,622
308,000
458,000
1,200,000
6,345,000
1,246,030
15,074,652

2028 Total
17,321,517
142,500
1,300,000
8,785,000
3,485,000
31,034,017

2029 Total
19,094,067
270,000
500,000
638,141
1,785,000
12,945,000
35,232,208

2030 Total
23,894,325
30,000
869,666
1,355,000
7,245,000
33,393,991

TOTAL 5-YR
72,561,278
308,000
993,350
29,170
4,177,500
1,757,807
19,125,098
29,707,630
128,659,833

TOTAL 10-YR
98,590,987
308,000
1,503,350
29,170
4,177,500
1,757,807
69,414,665
50,692,630
226,474,109

Note: Total est. budget for Grand Avenue is $73M ($67M from the Capital Improvements Fund, $1.3M from Stormwater, $1.8M from Wastewater &
$2.7M from Water).

2026 Original vs. Final Budgets
Row Labels
Capital Imp Fund
Conservation Trust Fund
Open Space Fund
Refuse Fund
Sales Tax CIF
Stormwater Fund
Wastewater Fund
Water Fund
Grand Total

2026 Rev.
Total
8,619,405
152,000
269,258
29,170
2,229,130
250,000
9,951,000
5,159,027
26,658,990

2026 Final
Total
6,733,747
92,850
29,170
1,177,500
250,000
855,098
4,786,600
13,924,965

2026 Final Tota 2027 Total
827,000
1,415,000
605,500
220,000
40,500
194,500
856,569
1,348,720
91,165
221,438
51,850
515,500
13,338
250,000
3,663,000
2,549,854
1,999,031
1,620,272
855,098
6,335,000
4,685,252
641,030
13,924,965
15,074,652

2028 Total
1,915,000
375,000
1,151,000
82,500
15,140,517
2,970,000
7,785,000
1,615,000
31,034,017

2026 Total
8,249,085
220,256
770,000
250,000
9,851,000
2,972,500
22,312,841

Total Budgets by Department

Row Labels
Admin
B&G
Econ Dev Housing
Fleet
IT
Open Space
Public Safety
Stormwater
Streets
Sustainability
Wastewater
Water
Grand Total

2029 Total
815,000
100,000
1,831,000
270,000
638,141
16,843,067
100,000
1,785,000
12,850,000
35,232,208

2030 Total
165,000
4,730,855
1,057,000
21,500
30,000
869,666
18,014,970
1,355,000
7,150,000
33,393,991

TOTAL 5-YR
5,137,000
6,031,355
235,000
6,244,289
334,103
949,850
13,338
1,757,807
56,211,408
6,689,303
18,115,098
26,941,282
128,659,833

TOTAL 10-YR
5,962,000
6,031,355
235,000
6,244,289
354,103
1,459,850
13,338
1,757,807
81,396,117
6,689,303
68,404,665
47,926,282
226,474,109
1

Page 110 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Capital Imp Fund

Fund

Dept

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

50,000

50,000

50,000

165,000

165,000

165,000

165,000

710,000

1,535,000

215 Capitol Street

-

-

145,000

100,000

750,000

250,000

-

1,245,000

1,245,000

B&G

Town Hall Concrete Floor Coating

-

-

-

-

-

30,000

30,000

30,000

Capital Imp Fund

B&G

Pavilion Floor

-

20,000

-

-

-

20,000

20,000

Capital Imp Fund

B&G

Studio Floor (pending Council direction for increased cost)

-

-

75,000

-

-

75,000

75,000

Capital Imp Fund

B&G

Irrigation Intake Improvements: Chambers Park (Cancelled per Council
direction)

Capital Imp Fund

B&G

Capital Imp Fund

Capital Imp Fund

Admin

Pool and Ice Capital Improvements Funding

Capital Imp Fund

Admin

Capital Imp Fund

20,000

20,000

121,551

-

-

-

-

-

-

-

-

Public Works Office Remodel (Increased budget)

-

30,000

45,000

-

-

-

-

45,000

45,000

B&G

Public Works Expansion (Planning & Design)

-

-

-

-

-

4,630,500

4,630,500

4,630,500

Capital Imp Fund

B&G

Burger King ROW Irrigation Conversion

15,000

15,000

15,000

-

-

-

-

15,000

15,000

Capital Imp Fund

B&G

E-Bike Signage and Installation

65,000

-

-

-

-

-

-

-

-

Capital Imp Fund

B&G

Warm Springs Pump Capital Maintenance

-

-

-

-

70,355

70,355

70,355

Capital Imp Fund

Econ Dev Housing

Capital Imp Fund

Fleet

Capital Imp Fund

Fleet

Capital Imp Fund

Fleet

Streets: Street Sweeper (Moved to 2029)

Capital Imp Fund

Fleet

Streets: 4900 Snow Plow Truck (Moved to 2027 & Increased Budget)

250,000

Capital Imp Fund

Fleet

B&G: Ford F-350 or Similar 1 Ton Flat Bed / Tommy Gate / Plow

80,000

Capital Imp Fund

Fleet

Streets: Ford F-350 Flat Bed with Plow/Sander (Increased Budget)

Capital Imp Fund

Fleet

Capital Imp Fund

Townwide Wayfinding Improvement Project implementation based on
findings from Wayfinding Study
Public Safety: Patrol Vehicles - (4) Ford F-150 First Responders and (1) Ford F150 Code Enforcement Truck Ancillary Equipment Only
Public Safety: Patrol Vehicles - Ford F-150 First Responders Ancillary
Equipment Only

55,000

120,000

36,000

94,000

-

-

-

130,000

130,000

-

-

69,000

-

-

-

-

69,000

69,000

-

69,720

100,970

188,140

210,910

569,740

569,740

-

-

-

385,000

-

385,000

385,000

284,371

-

380,000

-

-

-

380,000

380,000

80,000

85,000

-

-

-

-

85,000

85,000

-

-

106,000

-

-

-

106,000

106,000

Streets: Ford F-350 Flat Bed with Plow/Sander (Increased Budget)

-

-

106,000

-

-

-

106,000

106,000

Fleet

Streets: Chevrolet Silverado 1500

-

-

-

-

65,000

-

65,000

65,000

Capital Imp Fund

Fleet

Streets: Ford F-150

-

-

-

65,000

-

-

65,000

65,000

Capital Imp Fund

Fleet

Engineering: Additional Truck for Dept

-

-

-

-

65,000

-

65,000

65,000

Capital Imp Fund

Fleet

B&G: Ventrac 3400 Tractor (Increased Budget from $128K)

-

-

160,000

-

-

-

160,000

160,000

Capital Imp Fund

Fleet

B&G: John Deere 301- A Tractor / Kubota ATV

-

64,000

-

-

-

-

64,000

64,000

-

64,000

2

Page 111 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Capital Imp Fund

Fund

Dept

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

Capital Imp Fund

Fleet

Streets: Bobcat Multi-tool #1

-

-

135,000

-

-

-

135,000

135,000

Capital Imp Fund

Fleet

Streets: Boom Mower Tractor

-

-

-

135,000

-

-

135,000

135,000

Capital Imp Fund

Fleet

Streets: Marathon Crack Seal Trailer - 2012 (Moved to 2030)

-

-

-

-

-

45,000

45,000

45,000

Capital Imp Fund

Fleet

B&G: PJ Utility Trailer - 2016

-

-

-

12,000

-

-

12,000

12,000

Capital Imp Fund

Fleet

B&G: Toro Z Master Mower (Moved to 2029)

-

-

-

28,000

-

28,000

28,000

Capital Imp Fund

Fleet

Streets: Case - Skid steer

-

-

-

-

100,000

-

100,000

100,000

Capital Imp Fund

Fleet

Streets: International 4900 530 hp

-

-

-

-

275,000

-

275,000

275,000

Capital Imp Fund

Fleet

Streets: Western Star Dump Truck

-

-

-

320,000

-

-

320,000

320,000

Capital Imp Fund

Fleet

513,000

-

-

-

-

513,000

513,000

Capital Imp Fund

Fleet

-

297,000

338,030

629,860

706,090

1,970,980

1,970,980

Capital Imp Fund

IT

Council Chambers AV Upgrades Phase II

15,000

15,000

-

15,000

15,000

15,000

Capital Imp Fund

IT

Brush Creek Pavilion AV Upgrades

15,000

15,000

-

15,000

15,000

15,000

Capital Imp Fund

IT

Town Fiber Upgrades

-

59,882

59,882

59,882

Capital Imp Fund

IT

Backup Power Cemetery Tank, Kaibab Tank, Town Hall, & Shipp Building

-

68,831

68,831

68,831

Capital Imp Fund

IT

Restroom Door Lock Replacements

-

20,000

20,000

20,000

Capital Imp Fund

IT

Camera Coverage Upgrades

-

12,225

12,225

12,225

Capital Imp Fund

IT

Capitol Street Broadband Conduit with Fiber

101,000

-

-

-

-

Capital Imp Fund

IT

IT Equipment Racks: PW Office Remodel, W/WW & Town Hall

13,000

28,500

28,500

28,500

28,500

Capital Imp Fund

IT

Recommended Security Upgrades for Town Hall & Public Works

20,000

20,000

20,000

20,000

20,000

Capital Imp Fund

IT

Expanding Public Wi-Fi

13,495

13,495

13,495

43,995

43,995

Capital Imp Fund

IT

Digital Signage (Wayfinding)

-

21,500

21,500

41,500

Capital Imp Fund

Public Safety

Public Safety Drone

-

-

-

13,338

-

-

-

13,338

13,338

Capital Imp Fund

Streets

Street Resurfacing (Cannot be completed in 2026 - Add budget to 2027)

820,245

820,245

-

850,854

893,397

938,067

984,970

3,667,288

9,381,997

Capital Imp Fund

Streets

Handicap Ramps ADA Replacements (2026 Complete)

30,000

30,000

-

30,000

30,000

30,000

30,000

120,000

210,000

Public Safety: Patrol Vehicles - (4) Ford F-150 First Responders and (1) Ford F150 Code Enforcement Truck Vehicle Upfit Amount
Public Safety: Patrol Vehicles - Ford F-150 First Responders Vehicle Upfit
Amount

28,000

588,966

28,000

588,966

-

-

-

-

30,500

-

3

Page 112 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Capital Imp Fund

Fund

Dept

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

Capital Imp Fund

Streets

Eby Creek Road: Curb and Gutter Repair

-

Capital Imp Fund

Streets

Sylvan Lake Road Bike & Ped Safety Improvements (Reduced Budget)

-

Capital Imp Fund

Streets

Eby Creek Road: RRFB (all remaining crosswalks)

-

Capital Imp Fund

Streets

Aidans Meadow RRFB (Transferred budget from Capitol St)

-

Capital Imp Fund

Streets

Capital Imp Fund

Streets

Capital Imp Fund

Streets

Capital Imp Fund

2026 Final YE
Budget

2027

2028

-

2030

300,000

5-YR TOTAL

10-YR TOTAL

-

300,000

300,000

-

10,000

10,000

385,000

385,000

10,000

-

-

-

-

35,000

350,000

-

-

14,000

-

-

-

-

14,000

14,000

2,637,000

2,738,000

2,724,000

-

-

-

-

2,724,000

2,724,000

1,000,000

1,300,000

800,000

1,379,000

13,442,120

15,810,000

15,950,000

47,381,120

66,761,120

BCRE: Grand Avenue Grill Demo & Parking Lot

50,000

50,000

100,000

130,000

-

-

-

230,000

230,000

Streets

BCRE: Right of Way

245,000

245,000

-

125,000

125,000

-

250,000

250,000

Capital Imp Fund

Streets

West Eagle Main Replacement (Street Repairs)

Capital Imp Fund

Streets

Broadway Concrete Replacement/ADA Ramps

Capital Imp Fund

Streets

908 High Flow Snow Blower Attachment (Rolled over from 2025)

15,000

Capital Imp Fund

Sustainability

Building Electrification Info Center: Building Envelope Non-Capital

Capital Imp Fund

Sustainability

Capital Imp Fund

Street Replacement: Capitol Street: 2nd to 5th Street & Fourth Street:
Broadway to Howard (was $2,000,000 in original approved budget)
Grand Avenue Improvements (includes Conduit with Fiber) - Moved $500K
from 2026 to 2027 per consultant

25,000

2029

-

-

400,000

400,000

400,000

-

-

-

65,000

650,000

715,000

715,000

15,000

15,000

-

-

-

-

15,000

15,000

-

-

6,188

6,188

6,188

Building Electrification Pavilion & Studio: Building Envelope and Solar PV

167,529

167,529

86,061

86,061

86,061

Sustainability

Building Electrification Public Works: Building Envelope and Solar PV

51,736

51,736

221,270

221,270

221,270

Capital Imp Fund

Sustainability

Building Electrification Town Hall: Building Envelope and Solar PV, and
Communication Tower Replacement

1,781,563

1,804,563

1,673,233

1,673,233

1,673,233

Capital Imp Fund

Sustainability

Community-Wide Electric Bikeshare Program

60,000

60,000

60,000

Capital Imp Fund

Sustainability

ESG Phase 3: Battery Storage Town Hall & Public Works

150,000

250,000

250,000

Capital Imp Fund

Sustainability

Fleet EV Charging Stations: Town Hall & Public Works

100,000

100,000

Capital Imp Fund

Sustainability

Install (2) Dual Port DCFC EV Charging Stations on Second Street (awarded a
$500,000 CEO grant to offset)

1,000,272

1,000,272

Capital Imp Fund

Sustainability

Town Bike Path Marking & Wayfinding

10,000

10,000

72,561,278

98,590,987

Total

68

-

-

-

-

-

100,000

-

-

-

-

8,619,405

6,733,747

-

100,000
1,000,272

-

8,249,085

-

10,000

5,517,622

17,321,517

19,094,067

23,894,325

4

Page 113 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Sales Tax CIF

Fund

Dept

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

-

1,381,130

582,000

-

-

-

-

582,000

582,000

500,000

500,000

50,000

1,000,000

1,000,000

-

-

2,050,000

2,050,000

-

-

-

-

400,000

-

400,000

400,000

Sidewalk/Trail: Repaving Bull Pasture (connection to Castle Drive/Bull Pasture
West side loop - Moved to 2028)

-

-

-

150,000

-

-

150,000

150,000

B&G

Park Restroom Improvements: Brush Creek Park (Increased Budget)

-

-

-

150,000

-

-

150,000

150,000

Sales Tax CIF

B&G

Sidewalk/Trail: Terraces Multi-Use Path

-

200,000

200,000

200,000

Sales Tax CIF

B&G

Park Restroom Improvements: Visitor Center (Removed pending Council
direction)

-

-

-

-

-

-

-

Sales Tax CIF

B&G

Sidewalk/Trail: Cemetery Connection to Terrace

125,000

203,000

203,000

-

-

-

-

203,000

203,000

Sales Tax CIF

B&G

Dog Park Improvements

45,000

45,000

45,000

-

-

-

-

45,000

45,000

Sales Tax CIF

B&G

Park Restroom Improvements: Town Park Non-Insurance Costs

100,000

100,000

100,000

-

-

-

-

100,000

100,000

Sales Tax CIF

B&G

Park Restroom Improvements: Town Park Insurance Claim Repairs

-

-

197,500

197,500

197,500

Sales Tax CIF

B&G

Whiting Park: Pour-in-Place

-

Sales Tax CIF

Admin

Eagle Pool Rebuild

Sales Tax CIF

Admin

Nogal Park: Playground ($1M in 2028 would hopefully have offsetting grant
revenue)

Sales Tax CIF

Admin

Terrace Park: Playground

Sales Tax CIF

B&G

Sales Tax CIF

Total

12

-

770,000

2,229,130

-

-

-

100,000

-

100,000

100,000

1,177,500

1,200,000

1,300,000

500,000

-

4,177,500

4,177,500

5

Page 114 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Conservation Trust Fund

Fund

Dept

Project

Conservation Trust Fund

Admin

River Park Improvements

Conservation Trust Fund

Open Space

Haymaker Trailhead Vault Restroom & Water Fountain (Moved to 2027 with
revised scope)

Total

2

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027
-

150,000

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

150,000

150,000

-

152,000

-

158,000

-

-

-

158,000

158,000

-

152,000

-

308,000

-

-

-

308,000

308,000

6

Page 115 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Open Space Fund

Fund

Dept

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

Open Space Fund

Econ Dev Housing

Open Space Wayfinding Signage and Information project

15,000

15,000

4,500

100,500

-

-

-

105,000

105,000

Open Space Fund

Fleet

Open Space: Vehicle Fleet Replacement (Pickup - Reduced Budget)

45,000

45,000

36,500

-

-

-

-

36,500

36,500

Open Space Fund

Fleet

Open Space: Vehicle Fleet Replacement Flat Bed

-

-

-

60,000

60,000

Open Space Fund

Open Space

-

-

-

-

-

-

-

-

10,000

Open Space Fund

Open Space

160,256

160,256

-

160,000

-

-

-

160,000

160,000

Open Space Fund

Open Space

Haystacker Trailhead (Eagle Ranch TH Access - Moved to 2030))

-

-

-

-

-

-

30,000

30,000

30,000

Open Space Fund

Open Space

Fishing is Fun Pond Improvements (Increased Budget)

-

-

-

-

40,000

270,000

-

310,000

310,000

Open Space Fund

Open Space

Eagle Ranch Brush Creek Beach Restoration

-

-

-

10,000

42,500

52,500

52,500

Open Space Fund

Open Space

Eagle River Open Space Restoration and Trail Improvement

-

-

-

100,000

-

-

-

100,000

100,000

Open Space Fund

Open Space

Eagle Ranch Wildlife Trust Fence Replacement (Portion Moved to 2027)

-

-

20,000

87,500

-

-

-

107,500

107,500

Open Space Fund

Open Space

Restoration Project/Habitat Improvements on Open Space (Brush Creek and
Hernage Creek)

-

49,002

31,850

-

-

-

-

31,850

31,850

Open Space Fund

Open Space

Trail Connection Over Brush Creek (Bridge Haymeadow to Eagle Ranch)

-

-

-

-

-

-

-

300,000

Open Space Fund

Open Space

Interpretive Signage Phase 2 Project (Crusher Fine Path)

-

-

-

-

-

-

-

200,000

92,850

458,000

142,500

270,000

30,000

993,350

1,503,350

Total

Restoration Project/Habitat Improvements on Open Space Phase 3 (Moved to
2031)
Open Space & Trails Master Plan Implementation Phase 1 & 2: Planning &
Implementation Process (Moved to 2027)

13

220,256

269,258

60,000

7

Page 116 of 159

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Capital Improvement Plan 2026 - 2035

Wastewater Fund

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

Fund

Dept

Wastewater Fund

Sustainability

ESG Phase 3: Battery Storage & Building Electrification WWTP HVAC

Wastewater Fund

Sustainability

Wastewater campus landscaping Xeriscape

Wastewater Fund

Wastewater

GIS Collection Unit Equipment

Wastewater Fund

Wastewater

Scum Pump Replacement

-

-

21,098

Wastewater Fund

Wastewater

Nutrient Criteria Nitrogen

9,550,000

9,550,000

600,000

5,750,000

Wastewater Fund

Wastewater

Wastewater Network Connection Upgrades

-

-

-

40,000

Wastewater Fund

Wastewater

Brush Creek and Eagle River Temperature Monitoring Stations (Increased
Budget)

-

100,000

125,000

-

-

-

Wastewater Fund

Wastewater

Headworks Screen

211,000

211,000

75,000

510,000

-

Wastewater Fund

Wastewater

Process Building: Fire Alarms

10,000

10,000

10,000

-

Wastewater Fund

Wastewater

BCRE: Grand Ave to Eagle County Properties WW (Moved to 2027-2029)

70,000

70,000

-

Wastewater Fund

Wastewater

Grand Avenue Wastewater Infrastructure Improvements

-

-

-

Wastewater Fund

Wastewater

Fairgrounds Loop (Wastewater)

Wastewater Fund

Wastewater

West Eagle Main Replacement (Sanitary Sewer Main)

-

Wastewater Fund

Wastewater

Arsenic Limit Regulatory Compliance

-

Wastewater Fund

Wastewater

Lower Kaibab Main Replacement (Whiting Backlot)

Wastewater Fund

Wastewater

Wastewater Fund

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

1,000,000

1,000,000

10,000

10,000

24,000

24,000

21,098

21,098

14,100,000

14,100,000

40,000

40,000

-

125,000

125,000

-

-

585,000

585,000

-

-

-

10,000

10,000

35,000

35,000

700,000

770,000

770,000

-

-

1,010,000

380,000

1,390,000

1,820,000

525,000

525,000

4,025,000

-

-

-

1,000,000

10,000

10,000

-

10,000

24,000

-

-

7,750,000

-

-

-

-

-

-

-

-

75,000

450,000

525,000

525,000

-

-

-

-

-

-

15,000,000

-

-

-

-

-

-

-

409,567

Reg 85 & Reg 31 Work

-

-

-

-

-

-

-

30,000,000

Wastewater

Update Drop and Brick Manholes

-

-

-

-

-

-

-

200,000

Wastewater Fund

Wastewater

Wastewater Temperature Reduction (No Budget - Uncertain Enforceability)

-

-

-

-

-

-

-

-

Wastewater Fund

Wastewater

WWTP Roof Replacement (Solids Bldg., Headworks, Clarify & UV)

-

-

-

-

-

-

-

750,000

855,098

6,345,000

8,785,000

1,785,000

1,355,000

19,125,098

69,414,665

Total

19

9,851,000

-

9,951,000

8

Page 117 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Water Fund

Fund

Dept

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

89,069

89,069

95,000

95,000

95,000

95,000

95,000

95,000

95,000

-

120,000

120,000

12,279

12,279

12,279

-

-

-

-

-

-

-

500,000

500,000

500,000

-

-

-

-

1,750,000

1,750,000

1,750,000

Water campus landscaping Xeriscape

10,000

10,000

-

10,000

-

-

-

10,000

10,000

Water

Generator and Back Up Power for Booster Pump Stations (Moved to 2027)

70,000

70,000

-

280,000

-

-

-

280,000

280,000

Water Fund

Water

East Eagle Tank & Distribution (On Hold)

500,000

-

-

-

-

-

-

-

-

Water Fund

Water

Lower Eby Creek Tank and Booster Pump Station Replacement (Increased
Budget)

150,000

1,668,976

1,696,878

-

-

-

-

1,696,878

1,696,878

Water Fund

Water

Upper Eby Creek Tank Recoating and Rehab

55,000

-

-

-

55,000

500,000

-

555,000

555,000

Water Fund

Water

LBWTP: Eagle River Diversion

200,000

3,600,000

3,800,000

3,800,000

Water Fund

Water

UBWTP: Lifecyle replacement and regulatory upgrades

200,000

200,000

-

300,000

600,000

4,000,000

4,000,000

8,900,000

8,900,000

Water Fund

Water

Brush Creek Transmission Main: Phase III (Increased Budget)

180,000

670,367

770,367

-

-

-

-

770,367

770,367

Water Fund

Water

BCRE: Grand Ave to Three Way Stop Water (Moved to 2027-2029)

85,000

85,000

-

40,000

45,000

850,000

935,000

935,000

Water Fund

Water

Brush Creek Transmission Main: Ouzel to Brush Creek Road Extension (Moved
to 2030-2031 & Increased Budget)

-

-

-

-

-

500,000

500,000

2,800,000

Water Fund

Water

Fairgrounds Loop (LBWTP)

-

-

-

-

-

540,000

540,000

5,990,000

Water Fund

Water

Grand Avenue Water Infrastructure Improvements (Moved to 2028)

30,000

-

580,000

960,000

710,000

2,280,000

2,770,000

Water Fund

Water

West Eagle Main Replacement (Water Line Castle & King)

-

-

-

-

140,000

1,400,000

1,540,000

1,540,000

Water Fund

Water

Hernage Creek Tank Rehab

-

-

-

-

85,000

1,000,000

-

1,085,000

1,085,000

Water Fund

Water

LBWTP: Raw Water Lift Station Irrigation Pump

-

-

18,970

21,030

40,000

40,000

Water Fund

Fleet

Water: Ford F-350 (2026 - Updated from F-150)

Water Fund

Fleet

Water Fund

85,000

90,000

89,069

-

Water: Ford F-150 (2027)

-

95,000

Fleet

Water: Ford F-150 (2029)

-

Water Fund

Fleet

Water: Ford F-150 (2030)

-

-

-

-

-

Water Fund

Fleet

Water: Ford F-250 Super Duty (2028)

-

-

-

120,000

-

Water Fund

Sustainability

Building Electrification UBWTP: Building Envelope

-

-

Water Fund

Sustainability

Building Electrification UBWTP: Upper Basin Plant Water Heater (Removed no longer needed per KK & SW)

7,500

Water Fund

Sustainability

ESG Phase 3: 25kW Solar Arrays for UBWTP Placeholder

Water Fund

Sustainability

ESG Phase 3: Battery Storage & Building Electrification UBWTP

Water Fund

Sustainability

Water Fund

30,000

-

-

95,000

-

30,000

-

9

Page 118 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Water Fund

Fund

Dept

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

50,000

1,800,000

-

1,850,000

1,850,000

-

-

-

-

15,600

15,600

-

-

-

-

29,655

29,655

-

-

-

-

-

-

-

193,782

193,782

-

-

-

600,000

600,000

-

-

-

-

10,000

10,000

20,000

-

-

-

-

20,000

20,000

1,300,000

-

-

-

-

1,300,000

1,300,000

-

-

-

-

-

-

-

575,000

I-70 Water Main Loop

-

-

-

-

-

-

-

3,820,000

Water

LBWTP: Expansion from 2.5 to 5.0 MGD

-

-

-

-

-

-

-

5,400,000

Water Fund

Water

Lower Kaibab Main Replacement (Whiting Rd & Young St)

-

-

-

-

-

-

-

1,650,000

Water Fund

Water

UBWTP: Water Intake Improvements

-

-

-

-

-

-

-

1,300,000

4,786,600

1,246,030

3,485,000

12,945,000

7,245,000

29,707,630

50,692,630

Water Fund

Water

Brush Creek Transmission Main: Mosher Ln, Eaton Ln to School House ARV

Water Fund

Water

Lower Eby Creek Tank Coating

-

100,000

15,600

Water Fund

Water

LBWTP: Drying Bed Waterproofing Membranes

-

50,000

29,655

Water Fund

Water

UBWTP: Filter Trains (Remove project & roll into lifecycle replacements)

50,000

50,000

-

Water Fund

Water

Brush Creek Transmission Main: PRV

-

10,902

-

-

-

-

Water Fund

Water

PLC Upgrades: UBWTP, Highlands, & Frost Creek

-

193,782

193,782

-

-

Water Fund

Water

Cemetery Tank

250,000

600,000

600,000

-

Water Fund

Water

UBWTP: Fire Alarms

-

10,000

10,000

Water Fund

Water

UBWTP: Pretreatment Valve and Actuator

-

20,000

Water Fund

Water

Water Line: Downtown Distribution Capitol Street: 2nd to 5th Street & Fourth
Street: Broadway to Howard

1,300,000

1,300,000

Water Fund

Water

Hockett Gulch to Violet Ln: Water Line Tie-in

Water Fund

Water

Water Fund

Total

39

-

2,972,500

5,159,027

10

Page 119 of 159

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Capital Improvement Plan 2026 - 2035

Stormwater Fund

Fund

Dept

Stormwater Fund

Stormwater

Grand Avenue Stormwater Infrastructure Improvements

Stormwater Fund

Stormwater

Capitol Street Stormwater Improvements

Stormwater Fund

Stormwater

Town Park: Drainage & parking improvements (Washington St 5th to 6th)

Total

Project

3

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028
-

2029
-

2030

-

-

-

638,141

250,000

250,000

250,000

-

-

-

-

-

-

250,000

250,000

250,000

-

-

638,141

5-YR TOTAL

10-YR TOTAL

1,276,282

1,276,282

250,000

250,000

231,525

231,525

231,525

869,666

1,757,807

1,757,807

638,141

11

Page 120 of 159

Capital Improvement Plan 2026 - 2035

Revised 10.27.26
New Project
Funding / Scope Change
Complete Project

Refuse Fund

Fund
Refuse Fund

Total

Dept
IT

Project

2026 Orig
Budget

2026 Rev
Budget 05/26

2026 Final YE
Budget

2027

2028

2029

2030

5-YR TOTAL

10-YR TOTAL

Oil Drop Site: Security Camera and License Plate Reader

-

29,170

29,170

-

-

-

-

29,170

29,170

1

-

29,170

29,170

-

-

-

-

29,170

29,170

12

Page 121 of 159

TABLE OF CONTENTS
TOWN OF EAGLE
2027 DRAFT FEE SCHEDULE
10/27/2026
Administrative Fees

2

Town Clerk Fees

3-5

Facility Rental Fees

6

Special Event Fees

7

Building Fees

8-10

Planning Fees

11-12

Engineering Fees

13

Public Works Fees

14

Public Works Fees (Emergency Response ONLY)

15

Court Fees

16

Public Safety Fees

17

Utility Fees

18-20

Broadband Fees

2027 Fee Schedule

21

Page 1

Page 122 of 159

FEE TYPE

ADMINISTRATIVE
ADMINISTRATIVE
ADMINISTRATIVE
ADMINISTRATIVE

FEE TITLE

ADMINISTRATIVE FEES
2026 FEE

2027 FEE

FEE CHANGE

Copies: Per page after the first 10 pages
Notary Services
Information transfer to computer media
Records USB Flash Drive
Research/Records Search (per hour, first hour
free)

$0.25/page
$0.25/page
$
5.00 $
5.00
$
30.00 $
30.00
ACTUAL COST
ACTUAL COST
$

41.37 $

41.37

NO CHANGE

ADMINISTRATIVE

Colorado Open Record Act Request - Audio/Video

$

5.00

$

5.00

NO CHANGE

ADMINISTRATIVE
ADMINISTRATIVE

Colorado Open Record Act Request
Returned Check Fee
Verbatim Transcripts – per page, PLUS HOURLY
RATE
Certified Copies
Postage and Packaging for mailing

$

$0.25/page
25.00 $

$0.25/page
25.00

NO CHANGE
NO CHANGE

$

15.00 $

15.00

NO CHANGE

$2.00/page
ACTUAL COST

NO CHANGE
NO CHANGE

ADMINISTRATIVE

ADMINISTRATIVE
ADMINISTRATIVE
ADMINISTRATIVE

2027 Fee Schedule

$2.00/page
ACTUAL COST

Page 2

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

REASONING FOR CHANGE

Page 123 of 159

FEE TYPE
BUSINESS LICENSE FEE
BUSINESS LICENSE FEE

Business License - Sales Within Public Right of
Way
Business License/Business Marketing Fee
Business License/Business Occupation Fee

BUSINESS LICENSE FEE

Business & Tobacco License Late Fee

BUSINESS LICENSE FEE

LIQUOR LICENSE FEE

Business License Peddler and Solicitors:
Business License Peddler and Solicitors:
Two Consecutive Days
Business License Peddler and Solicitors:
Three Consecutive Days
Business License Peddler and Solicitors:
Seven Consecutive Days
Business License Peddler and Solicitors:
Thirty Consecutive Days
Business License Peddler and Solicitors:
One Year
Art/Club License

LIQUOR LICENSE FEE

New/Renewal

LIQUOR LICENSE FEE

Retail Establishment Permit/Art Gallery/Bed
& Breakfast Permit

LIQUOR LICENSE FEE

New/Renewal

LIQUOR LICENSE FEE

Brew Pub/Distillery Pub/Vintner's Restaurant

LIQUOR LICENSE FEE

New/Concurrent Review

LIQUOR LICENSE FEE

Transfer

LIQUOR LICENSE FEE

Renewal

LIQUOR LICENSE FEE

Fermented Malt Beverage and Wine (On/Off
Premises) Gas Stations/Grocery

LIQUOR LICENSE FEE

New/Concurrent Review

LIQUOR LICENSE FEE

Transfer

LIQUOR LICENSE FEE

Renewal

LIQUOR LICENSE FEE

Beer & Wine (Restaurants)

LIQUOR LICENSE FEE

New/Concurrent Review

LIQUOR LICENSE FEE

Transfer

LIQUOR LICENSE FEE

Renewal

BUSINESS LICENSE FEE

BUSINESS LICENSE FEE
BUSINESS LICENSE FEE
BUSINESS LICENSE FEE
BUSINESS LICENSE FEE
BUSINESS LICENSE FEE

2027 Fee Schedule

TOWN CLERK FEES
2026 FEE

FEE TITLE

$ 25 - 250

2027 FEE

FEE CHANGE

$ 25 - 250

NO CHANGE

20.00 $
20.00
55.00 $
55.00
$15/month after January 31st
$15/month after January 31st
max of $45
max of $45
$
50.00 $
50.00

NO CHANGE
NO CHANGE

$

65.00

$

65.00

NO CHANGE

$

85.00

$

85.00

NO CHANGE

$

105.00

$

105.00

NO CHANGE

$

125.00

$

125.00

NO CHANGE

$

275.00

$

275.00

NO CHANGE

$
$

$100 Application Fee + $41.25
License Fee = $141.25

$100 Application Fee + $41.25
License Fee = $141.25

REASONING FOR CHANGE

NO CHANGE
NO CHANGE

NO CHANGE
NO CHANGE
NO CHANGE

$25.00 Application Fee + $3.75
License Fee = $28.75

$25.00 Application Fee + $3.75
License Fee = $28.75

$1,000 Application Fee + $75
License Fee = $1,075
$750 Application Fee + $75
License Fee = $825
$100 Application Fee + $75
License Fee = $175

$1,000 Application Fee + $75
License Fee = $1,075
$750 Application Fee + $75
License Fee = $825
$100 Application Fee + $75
License Fee = $175

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

$1000 Application Fee + $3.75
License Fee = $1,003.75
$750 Application Fee + $3.75
License Fee = $753.75
$100 Application Fee + $3.75
License Fee = $103.75

$1000 Application Fee + $3.75
License Fee = $1,003.75
$750 Application Fee + $3.75
License Fee = $753.75
$100 Application Fee + $3.75
License Fee = $103.75

$1000 Application Fee + $48.75 $1000 Application Fee + $48.75
License Fee = $1048.75
License Fee = $1048.75
$750 Application Fee + $48.75 $750 Application Fee + $48.75
License Fee = $798.75
License Fee = $798.75
$100 Application Fee + $48.75 $100 Application Fee + $48.75
License Fee = $148.75
License Fee = $148.75

Page 3

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

Page 124 of 159

FEE TYPE

FEE TITLE

LIQUOR LICENSE FEE

Hotel/Restaurant/Tavern/Lodging or
Entertainment/Optional
Premises/Racetrack/Retail Gaming Tavern

LIQUOR LICENSE FEE

New/Concurrent Review

LIQUOR LICENSE FEE

Transfer

LIQUOR LICENSE FEE

Renewal

LIQUOR LICENSE FEE

Optional Premises

LIQUOR LICENSE FEE

Retail Liquor Store

LIQUOR LICENSE FEE

New/Concurrent Review

LIQUOR LICENSE FEE

Transfer

LIQUOR LICENSE FEE

Renewal

LIQUOR LICENSE FEE

Tasting Permit

LIQUOR LICENSE FEE

Catering Company

LIQUOR LICENSE FEE

New/Renewal

LIQUOR LICENSE FEE

Special Event Permit Fee per day OR event
(one application fee)

LIQUOR LICENSE FEE

Festival Permit (Fee per event)

LIQUOR LICENSE FEE

Entertainment District Application

LIQUOR LICENSE FEE

Change of Location

LIQUOR LICENSE FEE

Communal Outdoor Dining Permit (Per Entity
for State Fee)

LIQUOR LICENSE FEE

Temporary Permit - Transfer of Ownership

LIQUOR LICENSE FEE

Manager Registration (Hotel & Restaurant,
Tavern, Lodging & Entertainment, Campus
Liquor Complex)

LIQUOR LICENSE FEE
LIQUOR LICENSE FEE

Modification of Premises
Late Renewal Fee Any License

MARIJUANA LICENSE FEE

Retail Marijuana Store (Center), Products
Manufacturer, Cultivation Facility

MARIJUANA LICENSE FEE

New

2027 Fee Schedule

TOWN CLERK FEES
2026 FEE

2027 FEE

FEE CHANGE

REASONING FOR CHANGE

NO CHANGE
$1,000 Application Fee + $75
$1,000 Application Fee + $75
License Fee = $1,075
License Fee = $1,075
$750 Application Fee + $75
$750 Application Fee + $75
License Fee = $825
License Fee = $825
$100 Application Fee + $75
$100 Application Fee + $75
License Fee = $175
License Fee = $175
$0 Application Fee + $75 License $0 Application Fee + $75 License
Fee = $75
Fee = $75
$1,000 Application Fee +$22.50 $1,000 Application Fee +$22.50
License Fee = $1022.50
License Fee = $1022.50
$750 Application Fee + $22.50 $750 Application Fee + $22.50
License Fee = $772.50
License Fee = $772.50
$100 Application Fee + $22.50 $100 Application Fee + $22.50
License Fee = $122.50
License Fee = $122.50
$0 Application Fee + $100
$0 Application Fee + $100
License Fee = $100
License Fee = $100

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

$25 Application Fee + $3.75
License Fee = $28.75
$100 Application Fee + $0
License Fee = $100
$50 Application Fee + $0
License Fee = $50
$100 Application Fee + $0
License Fee = $100
$750 Application Fee + $0
License Fee = $750
$25 Application Fee + $0
License Fee = $25
$100 Application Fee + $0
License Fee = $100

$25 Application Fee + $3.75
License Fee = $28.75
$100 Application Fee + $0
License Fee = $100
$50 Application Fee + $0
License Fee = $50
$100 Application Fee + $0
License Fee = $100
$750 Application Fee + $0
License Fee = $750
$25 Application Fee + $0
License Fee = $25
$100 Application Fee + $0
License Fee = $100

$30 Application Fee + $0
License Fee = $30

$30 Application Fee + $0
License Fee = $30

NO CHANGE

$25.00
$500

$25.00
$500

NO CHANGE
NO CHANGE

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

NO CHANGE
$1,000 Application Fee + $500
License Fee = $1500

Page 4

$1,000 Application Fee + $500
License Fee = $1500

NO CHANGE

Page 125 of 159

FEE TYPE
MARIJUANA LICENSE FEE

Renewal

MARIJUANA LICENSE FEE

Medical Marijuana Store (Center), Products
Manufacturer, Cultivation Facility

MARIJUANA LICENSE FEE

New

MARIJUANA LICENSE FEE

Renewal

MARIJUANA LICENSE FEE

Dually Licensed Store (Medical and Retail),
Products & Infused Products, Cultivation

MARIJUANA LICENSE FEE

New

MARIJUANA LICENSE FEE

Renewal

MARIJUANA LICENSE FEE

Marijuana Testing Facility

MARIJUANA LICENSE FEE

New

MARIJUANA LICENSE FEE

Renewal

MARIJUANA LICENSE FEE

Marijuana Optional Premises (Cultivation and
Retail)
New

MARIJUANA LICENSE FEE

Renewal

MARIJUANA LICENSE FEE
MARIJUANA LICENSE FEE

Late Renewal Fee
Modification of Premises
Change of Location/Manager/Financial
Interest
Plastic/Paper Bag Fee for Businesses meeting
the criteria outlined in HB21-1162
Sexually Oriented Business License Fee
Sexually Oriented Business License Renewal
Fee
Sexually Oriented Business Manager’s
Registration Fee
Retail Tobacco License Fee

MARIJUANA LICENSE FEE

MARIJUANA LICENSE FEE
MUNICIPAL BAG FEE
SEXUALLY ORIENTED
SEXUALLY ORIENTED
BUSINESS LICENSE FEE
SEXUALLY ORIENTED
BUSINESS LICENSE FEE
TOBACCO LICENSE FEE

2027 Fee Schedule

TOWN CLERK FEES
2026 FEE

FEE TITLE

$0 Application Fee + $500
License Fee = $500

2027 FEE

FEE CHANGE

$0 Application Fee + $500
License Fee = $500

REASONING FOR CHANGE

NO CHANGE
NO CHANGE

$1,000 Application Fee + $500
License Fee = $1,500
$0 Application Fee + $250
License Fee = $250

$1,000 Application Fee + $500
License Fee = $1,500
$0 Application Fee + $250
License Fee = $250

NO CHANGE
NO CHANGE
NO CHANGE

$1,000 Application Fee + $500
License Fee = $1,500
$0 Application Fee + $500
License Fee = $500

$1,000 Application Fee + $500
License Fee = $1,500
$0 Application Fee + $500
License Fee = $500

$1,000 Application Fee + $500
License Fee = $1,500
$0 Application Fee + $250
License Fee = $250

$1,000 Application Fee + $500
License Fee = $1,500
$0 Application Fee + $250
License Fee = $250

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

$1,000 Application Fee + $500 $1,000 Application Fee + $500
$0 Application Fee + $250
$0 Application Fee + $250
License Fee = $250
License Fee = $250
$250
$250
$
50.00 $
50.00

NO CHANGE

$

50.00 $

50.00

NO CHANGE

$

$0.10/Bag (only $.06/Bag
remitted to the Town
100.00 $

$0.10/Bag (only $.06/Bag
remitted to the Town
100.00

NO CHANGE
NO CHANGE
NO CHANGE

NO CHANGE
NO CHANGE

$

100.00

$

100.00

NO CHANGE

$

100.00

$

100.00

NO CHANGE

$

250.00

$

250.00

NO CHANGE

Page 5

Page 126 of 159

FEE TYPE

FACILITY DEPOSIT
FACILITY DEPOSIT
FACILITY DEPOSIT

FACILITY RENTAL FEES
FACILITY RENTAL FEES
FACILITY RENTAL FEES
FACILITY RENTAL FEES
FACILITY RENTAL FEES
FACILITY RENTAL FEES

FACILITY RENTAL FEES

FEE TITLE

2026 FEE

2027 FEE

$
750 $
750
Pavilion Deposit Fees
$
375 $
375
Studio Deposit Fees
$
100 $
100
Centennial Stage-Key Deposit
Cancellation fee (less than thirty (30) days prior to Town will retain the full rental Town will retain the full rental
the event)
fee from the deposit
fee from the deposit
Cancellation fee (more than thirty (30) days prior
$
100 $
100
to the event)
$
125 $
125
Pavilion/Studio-Late Check-In Fee
$ 30/Day
$ 30/Day
Pavilion/Studio-Late Key Return
Pavilion/Studio-Lost Key
Cost to re-key
Cost to re-key
$
100 $
100
Pavilion/Studio-Unsecured Facility
$ 65 /half hour
$ 65 /half hour
minimum: half hour
minimum: half hour
Forfeiture of part of the deposit Forfeiture of part of the deposit
may be assessed if the next
may be assessed if the next
lessee is impacted by the
lessee is impacted by the
condition of the complex and a condition of the complex and a
discount is required for the next discount is required for the next
lessee
lessee
$ 65 / half hour plus
$ 65 / half hour plus
1.25 x Cost of parts
1.25 x Cost of parts
minimum: half hour
minimum: half hour
$75 / Stain
$75 / Stain

FEE CHANGE

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

FACILITY RENTAL FEES

Pavilion/Studio-Unsatisfactory Cleaning Fee

FACILITY RENTAL FEES

Pavilion/Studio-Repair Fee

FACILITY RENTAL FEES

Pavilion/Studio-Stains on Carpet

FACILITY RENTAL FEES

Pavilion/Studio-Liability Insurance: Low, Medium,
and High Hazard Events

Per Colorado
Per Colorado
Intergovernmental Risk Sharing Intergovernmental Risk Sharing
Agency's (CIRSA) Special Event Agency's (CIRSA) Special Event
liabiltiy insurance schedule
liabiltiy insurance schedule

NO CHANGE

OPENSPACE FEES

Chambers Park Usage for Rafting Disembarkation
by Rafting Operators (per paid customer)

$

1

NO CHANGE

PAVILION FEES
PAVILION FEES
PAVILION FEES
PAVILION FEES
PAVILION FEES
PAVILION FEES
STUDIO FEES
STUDIO FEES
STUDIO FEES
STUDIO FEES
STUDIO FEES
STUDIO FEES
TOWN HALL FEES
TOWN HALL FEES

Pavilion Friday-Sunday: Eagle Resident
Pavilion Friday-Sunday: Non-Resident
Pavilion Friday-Sunday: Non-Profit
Pavilion Monday-Thursday: Eagle Resident
Pavilion Monday-Thursday: Non-Resident
Pavilion Monday-Thursday: Non-Profit
Studio Friday-Sunday: Eagle Resident
Studio Friday-Sunday: Non Resident
Studio Friday-Sunday: Non-Profit
Studio Monday-Thursday: Eagle Resident
Studio Monday-Thursday: Non-Resident
Studio Monday-Thursday: Non-Profit
Town Hall Conference Room
Town Hall Council Chambers

$
$
$
$
$
$
$
$
$
$
$
$
$
$

740
1,050
470
370
470
260
320
420
260
160
210
160
25
50

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

2027 Fee Schedule

1 $
740
1,050
470
370
470
260
320
420
260
160
210
160
25
50

Page 6

$
$
$
$
$
$
$
$
$
$
$
$
$
$

REASONING FOR CHANGE

NO CHANGE

NO CHANGE
NO CHANGE

Page 127 of 159

FEE TYPE
SPECIAL EVENTS

SPECIAL EVENTS

SPECIAL EVENTS

SPECIAL EVENTS

SPECIAL EVENTS

SPECIAL EVENTS
SPECIAL EVENTS

2027 Fee Schedule

SPECIAL EVENT FEES

FEE TITLE
Clean Up Deposits - For events taking place on
town property, a deposit for clean up may be
charged. The amount returned will be dependent
on the amount of staff time spent cleaning the site
after the event.
Fee for Additional Officers - Fee per hour per
officer for additional coverage that may be
required when a certain number of attendees are
expected at an event.
Special Event Application Fee - Lower cost
application fee for all events. Additional review
fee will be charged for events that take significant
staff time for review.
Special Event Application Review Fee - For larger
public events that need staff review beyond the
collection of event information
Public Workers Employee Labor Fee - This fee
may be charged when staff are required to assist
with an event outside of normal business hours or
outside of the standard job duties of the
department.
Special Event Hard Street Closure per Foot of
Street Width
Special Event Temporary Use Permit for Using
Town Property

2026 FEE

$

FEE CHANGE
250.00

NO CHANGE

See Extra Duty Officer Fee from See Extra Duty Officer Fee from
Police Department schedule
Police Department schedule

NO CHANGE

$

50.00

$

50.00

NO CHANGE

$

200.00 $

200.00

NO CHANGE

$50/hr/employee

$50/hr/employee

NO CHANGE

$10.60/Foot

$10.60/Foot

NO CHANGE

250.00

NO CHANGE

$

250.00 $

2027 FEE

250.00 $

Page 7

REASONING FOR CHANGE

Page 128 of 159

FEE TYPE

BUILDING PERMIT FEES
BUILDING PERMIT FEES

BUILDING PERMIT FEES

BUILDING PERMIT FEES

BUILDING PERMIT FEES

FEE TITLE

Building Permit Fee - Total Valuation 1-500

BUILDING FEES
$

2026 FEE

2027 FEE

39.40 $
39.40
$39.40 for the first 500 plus
$39.40 for the first 500 plus
$3.60 for each add ‘l 100 or
$3.60 for each add ‘l 100 or
Building Permit Fee - Total Valuation 500.01-2,000
fraction thereof, to and including fraction thereof, to and including
2,000
2,000
$93.40 for the first 2,000 plus
$93.40 for the first 2,000 plus
$16.30 for each add ‘l 1,000 or $16.30 for each add ‘l 1,000 or
Building Permit Fee - Total Valuation 2,000.01fraction thereof, to and including fraction thereof, to and including
25,000
25,000
25,000
$468.30 for the first 25,000
$468.30 for the first 25,000
plus $11.75 for each add ‘l 1,000 plus $11.75 for each add ‘l 1,000
Building Permit Fee - Total Valuation 25,000.01or fraction thereof, to and
or fraction thereof, to and
50,000
including 50,000
including 50,000
$762.05 for the first 50,000
$762.05 for the first 50,000
plus $8.15 for each add ‘l 1,000 plus $8.15 for each add ‘l 1,000
Building Permit Fee - Total Valuation 50,000.01or fraction thereof, to and
or fraction thereof, to and
100,000
including 100,000
including 100,000

FEE CHANGE

NO CHANGE

NO CHANGE

NO CHANGE

NO CHANGE

NO CHANGE

BUILDING PERMIT FEES

Building Permit Fee - Total Valuation 100,000.01500,000

$1,169.55 for the first 100,000
plus $6.55 for each add ‘l 1,000
or fraction thereof, to and
including 500,000

$1,169.55 for the first 100,000
plus $6.55 for each add ‘l 1,000
or fraction thereof, to and
including 500,000

NO CHANGE

BUILDING PERMIT FEES

Building Permit Fee - Total Valuation 500,000.011,000,000

$3789.55 for the first 500,000
plus $5.55 for each add ‘l 1,000
or fraction thereof, to and
including 1,000,000

$3789.55 for the first 500,000
plus $5.55 for each add ‘l 1,000
or fraction thereof, to and
including 1,000,000

NO CHANGE

BUILDING PERMIT FEES

Building Permit Fee - Total Valuation 1,000,000.01 $6,564.55 for the first 1,000,000 $6,564.55 for the first 1,000,000
plus $4.30 for each add ‘l 1,000 plus $4.30 for each add ‘l 1,000
and up

NO CHANGE

BUILDING PERMIT FEES

Roof Replacement - For single-family structure
only

NO CHANGE

BUILDING PERMIT FEES

Move or Demolish - Any building or structure

BUILDING PERMIT FEES

BUILDING PERMIT FEES
BUILDING PERMIT FEES
BUILDING PERMIT FEES
BUILDING PERMIT FEES
BUILDING PERMIT FEES
BUILDING PERMIT FEES

2027 Fee Schedule

Use Tax

Building Permit Fee - Performing work without
first obtaining a permit
Single Trade Work without Permit Fee
Concealment Fee
Temporary C/O Fee
Building Board of Appeals (BBA) Fee
Certificate of Occupancy Fee

$75 + Use Tax + Permit Issuance $75 + Use Tax + Permit Issuance
Fee
Fee
$75 + Use Tax + Permit Issuance $75 + Use Tax + Permit Issuance
Fee
Fee

NO CHANGE

2% of 200% of Total Valuation
(Use Tax is 4% - the Town
assumes building materials are
50% of the valuation)

2% of 200% of Total Valuation
(Use Tax is 4% - the Town
assumes building materials are
50% of the valuation)

NO CHANGE

Double the Permit Fee

Double the Permit Fee

NO CHANGE

250.00
350.00
250.00
250.00
100.00

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

$
$
$
$
$

250.00
350.00
250.00
250.00
100.00

Page 8

$
$
$
$
$

REASONING FOR CHANGE

Page 129 of 159

FEE TYPE

BUILDING FEES

FEE TITLE

2026 FEE

2027 FEE

FEE CHANGE

Varies (see calculator at
https://tinyurl.com/TOE-EEOP)

BUILDING PERMIT FEES

Exterior Energy Offset Program fee (EEOP)

Varies (see calculator at
https://tinyurl.com/TOE-EEOP)

CONTRACTORS REGISTRATION
FEES
CONTRACTORS REGISTRATION
FEES
ELEVATOR PERMIT FEES
INSPECTIONS

Plumbing and/or Mechanical Contractor's
Registration

$

50.00 $

50.00

NO CHANGE

General Contractor’s Registration

$

100.00 $

100.00

NO CHANGE

$1,000 per unit
$100/Hour (Minimum 1 hour)

$1,000 per unit
$100/Hour (Minimum 1 hour)

NO CHANGE
NO CHANGE

$50/Hour (Minimum 1 hour)

$50/Hour (Minimum 1 hour)

NO CHANGE

$100/Hour (Minimum 2 Hours)

$100/Hour (Minimum 2 Hours)

NO CHANGE

INSPECTIONS
INSPECTIONS
MANUFACTURED/MOBILE
HOME PERMIT FEES
MANUFACTURED/MOBILE
HOME PERMIT FEES
MANUFACTURED/MOBILE
HOME PERMIT FEES
MANUFACTURED/MOBILE
HOME PERMIT FEES

Reinspection fees
Reinspection fees
Inspections for which no fee is specifically
indicated
Special Inspection/Inspections outside of normal
business hours 8am-5pm

NO CHANGE

Single-wide Mobile Home

$

200.00 $

200.00

NO CHANGE

Double-wide Mobile Home

$

300.00 $

300.00

NO CHANGE

Factory Built/Manufactured Home Double Unit

$

500.00 $

500.00

NO CHANGE

Factory Build/Manufactured Home Triple Unit

$

800.00 $

800.00

NO CHANGE

MECHANICAL PERMIT FEES

Mechanical Permit Fee Total Valuation 1-2,000

$

65.00 $

65.00

NO CHANGE

MECHANICAL PERMIT FEES

Mechanical Permit Fee Total Valuation 2,00125,000

$65 for the first 2,000 plus $22
for each additional 1,000 of
fraction thereof up to 25,000

$65 for the first 2,000 plus $22
for each additional 1,000 of
fraction thereof up to 25,000

NO CHANGE

MECHANICAL PERMIT FEES

Mechanical Permit Fee Total Valuation 25,001 or
more

MECHANICAL PERMIT FEES

HVAC Replacement Permit Fee

PERMIT ISSUE/TRANSFER
PLAN REVIEW
PLAN REVIEW
PLAN REVIEW
PLAN REVIEW
PLAN REVIEW
PLUMBING PERMIT FEES

2027 Fee Schedule

Permit issuance or transfer (Issuance fee does not
apply for Electrical Permits)
Repetitive Plan Check Fee - Residential (multifamily)
Repetitive Plan Check Fee Commercial/Industrial/Mixed Use
Additional Plan Review required by Changes,
Additions, Revisions

$571 for the first 25,000 plus
$571 for the first 25,000 plus
$11 for each additional 1,000 or $11 for each additional 1,000 or
fraction thereof
fraction thereof
$75 + Use Tax + Permit Issuance $75 + Use Tax + Permit Issuance
Fee
Fee
$

Plan Check Fee
Use of an Outside Consultant for plan check
and/or inspection
Plumbing Permit Fee Total Valuation 1-2,000

$

NO CHANGE
NO CHANGE

25.00

NO CHANGE

$75/Hour (Minimum 4 Hours)

$75/Hour (Minimum 4 Hours)

NO CHANGE

$75/Hour (Minimum 5 Hours)

$75/Hour (Minimum 5 Hours)

NO CHANGE

$75/Hour (Minimum 1 Hour)

$75/Hour (Minimum 1 Hour)

NO CHANGE

65% of the amount of the
Building Permit Fee

65% of the amount of the
Building Permit Fee

NO CHANGE

Actual Costs

Actual Costs

NO CHANGE

65.00

NO CHANGE

25.00 $

65.00 $

Page 9

REASONING FOR CHANGE

Page 130 of 159

FEE TYPE

FEE TITLE

PLUMBING PERMIT FEES

Plumbing Permit Fee Total Valuation 2,001-25,000

PLUMBING PERMIT FEES

Plumbing Permit Fee Total Valuation 25,001 or
more

PLUMBING PERMIT FEES
PLUMBING PERMIT FEES

Replacement of existing hot water heater
Irrigation Permit Fee

2027 Fee Schedule

BUILDING FEES
2026 FEE

2027 FEE

$65 for the first 2,000 plus $22
for each additional 1,000 of
fraction thereof up to 25,000

$65 for the first 2,000 plus $22
for each additional 1,000 of
fraction thereof up to 25,000

$571 for the first 25,000 plus
$571 for the first 25,000 plus
$11 for each additional 1,000 or $11 for each additional 1,000 or
fraction thereof
fraction thereof
$
65.00 $
65.00
$
100.00 $
100.00

Page 10

FEE CHANGE

REASONING FOR CHANGE

NO CHANGE

NO CHANGE
NO CHANGE
NO CHANGE

Page 131 of 159

FEE TYPE

PLANNING FEES

2026 FEE

FEE TITLE

2027 FEE

FEE CHANGE

REASONING FOR CHANGE

4.13.230: The fire protection impact fee established in this section
shall be adjusted annually for inflation effective January 15 of

FIRE IMPACT FEES

Residential - Single Family (per unit)

$

2,846.00

Will be adjusted in 2027 based
on 2026 final CPI

each year. The adjustment shall be based upon the percentage

FEE CHANGE change in the United States Bureau of Labor Statistics

Consumer Price Index for Denver-Boulder, all items, all urban
consumers, or its successor index.
4.13.230: The fire protection impact fee established in this section
shall be adjusted annually for inflation effective January 15 of

FIRE IMPACT FEES

Residential - Multi family (per unit)

$

1,603.00

Will be adjusted in 2027 based
on 2026 final CPI

each year. The adjustment shall be based upon the percentage

FEE CHANGE change in the United States Bureau of Labor Statistics

Consumer Price Index for Denver-Boulder, all items, all urban
consumers, or its successor index.
4.13.230: The fire protection impact fee established in this section
shall be adjusted annually for inflation effective January 15 of

FIRE IMPACT FEES

Nonresidential, except temporary & extended
stay lodging facilities (per 1,000sqft)

$

1,048.00

Will be adjusted in 2027 based
on 2026 final CPI

each year. The adjustment shall be based upon the percentage

FEE CHANGE change in the United States Bureau of Labor Statistics

Consumer Price Index for Denver-Boulder, all items, all urban
consumers, or its successor index.
4.13.230: The fire protection impact fee established in this section
shall be adjusted annually for inflation effective January 15 of

FIRE IMPACT FEES

Temporary & extended stay lodging facilities (per
1,000sqft)

$

1,048.00

Will be adjusted in 2027 based
on 2026 final CPI

each year. The adjustment shall be based upon the percentage

FEE CHANGE change in the United States Bureau of Labor Statistics

Consumer Price Index for Denver-Boulder, all items, all urban
consumers, or its successor index.

LAND USE APPLICATION FEES

Consultant Process Applications

LAND USE APPLICATION FEES

Annexation and Initial Zoning (Non PUD <2 acres)

LAND USE APPLICATION FEES

Annexation and Initial Zoning (Non PUD >2 acres)

LAND USE APPLICATION FEES

Annexation and Initial Zoning (PUD any size)

LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES

Amendment to Annexation Agreement (non PUD
any size)
Amendment to Annexation Agreement (PUD any
size)
Rezoning Application Fee
Zoning Variance
Sub-Area Plan/Comprehensive Plan Exception or
Amendment

LAND USE APPLICATION FEES

PUD Concept Plan

LAND USE APPLICATION FEES

PUD Final Plan

LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES

PUD Minor Amendment
PUD Major Amendment
Subdivision - Sketch Plan
Subdivision - Preliminary Plan
Subdivision - Final Plat
Subdivision - Lot Line Adjustment
Subdivision - Condominium/Townhouse Plat
Subdivision – Minor

LAND USE APPLICATION FEES

Subdivision - Combination Sketch Plan/Prelim Plan

2027 Fee Schedule

$1,500 + Deposit of $2,000

$1,500 + Deposit of $2,000

$2,500 + Reimbursement
Agreement
$2,500 + Fee for PUD Concept
Plan + Reimbursement
Agreement
$750 + Reimbursement
Agreement
$1,250 + Reimbursement
Agreement
$900 + $900 Deposit
$1000 + Deposit of $500

$2,500 + Reimbursement
Agreement
$2,500 + Fee for PUD Concept
Plan + Reimbursement
Agreement
$750 + Reimbursement
Agreement
$1,250 + Reimbursement
Agreement
$900 + $900 Deposit
$1000 + Deposit of $500

$2000 + Deposit of $400

$2000 + Deposit of $400

$1650 + Reimbursement
Agreement (or $1400)
$2200 + Reimbursement
Agreement (or $2400)
$550 + Deposit of $600
$1650 + Deposit of $1000
$1,500 + Deposit of $600
$2000 + Deposit of $1,400
$1,600 + Deposit of $600
$450 +$ 600 Deposit
$450 +$ 600 Deposit
$650 + $600 Deposit
Listed fees with 15% discount +
Deposit of $1400

$1650 + Reimbursement
Agreement (or $1400)
$2200 + Reimbursement
Agreement (or $2400)
$550 + Deposit of $600
$1650 + Deposit of $1000
$1,500 + Deposit of $600
$2000 + Deposit of $1,400
$1,600 + Deposit of $600
$450 +$ 600 Deposit
$450 +$ 600 Deposit
$650 + $600 Deposit
Listed fees with 15% discount +
Deposit of $1400

Page 11

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

Page 132 of 159

FEE TYPE

Subdivision - Combination Prelim/Final Plat

LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES

LAND USE APPLICATION FEES
LAND USE APPLICATION FEES

Special Use Permit
Conditional Use Permit
Administrative Use Permit
Minor Use Permit
Sign Permit
Sign Permit - Comprehensive sign program
Design Variance - Subdivision
Administrative Adjustment
Wireless Communcation Facility (WCF)
Address Change Fee
Planner - Hourly Rate
Development Plan/Permit - Minor
Development Plan/Permit - Major
Development Plan Extension / Amendment to a
Development Plan/Agreement
Vacation of Easement or Right of Way
Encroachment Permit

LAND USE APPLICATION FEES

An Appeal of a Planning Decision

LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
LAND USE APPLICATION FEES
MOBILE VENDING PERMIT

Parking Plan (stand alone)
Landscape Plan (stand alone)
Lighting Plan (stand alone)
LERP Plan (stand alone)
School Fee In-Lieu
Administrative Development Plan Review
Mobile Vending Permit Fee

PARKING FEE IN-LIEU

Parking Fee In-Lieu (Operating)

PARKING FEE IN-LIEU

Parking Fee In-Lieu (Capital)

PUBLIC SAFETY IMPACT FEE

Impact fee per dwelling unit for residential land
use

PUBLIC SAFETY IMPACT FEE

Impact fee for commercial land use

SHORT-TERM RENTAL FEES
STREET IMPROVEMENT FEES
STREET IMPROVEMENT FEES
STREET IMPROVEMENT FEES
STREET IMPROVEMENT FEES
STREET IMPROVEMENT FEES
STREET IMPROVEMENT FEES
STREET IMPROVEMENT FEES
STREET IMPROVEMENT FEES

Short-Term Rental Registration Fees
Residential single family
Residential multifamily
Bank
Convenience Store w gas
High turnover sit down restaurant
Fast food restaurant
Industrial
Commercial General

2027 Fee Schedule

2026 FEE

2027 FEE

Listed fees with 15% discount +
deposit of $1400
$800 + Deposit of $600
$650 + Deposit of $450
$250 + Deposit of $150
$
150
$
100
$
150
$
300
$
250
$
450
$
25
$
60
$1100 + Deposit of $240
$2200 + Deposit of $600

Listed fees with 15% discount +
deposit of $1400
$800 + Deposit of $600
$650 + Deposit of $450
$250 + Deposit of $150
$
150
$
100
$
150
$
300
$
250
$
450
$
25
$
60
$1100 + Deposit of $240
$2200 + Deposit of $600

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

20% of Application Fee

20% of Application Fee

NO CHANGE

$750 + Deposit of $350
$750 + Deposit of $350
250
250 $
Original application fee (No
Original application fee (No
Deposit)
Deposit)
$150
$150
$150
$150
$150
$150
$150
$150
TBD
TBD
$500.00 + 240.00 Deposit
$500.00 + 240.00 Deposit
$
250.00 $
250.00
$9,491.49 / Parking Space within $9,491.49 / Parking Space within
the Parking Fee In-Lieu Program the Parking Fee In-Lieu Program
Boundary
Boundary
$21,943.83 / Parking Space
$21,943.83 / Parking Space
within the Parking Fee In-Lieu
within the Parking Fee In-Lieu
Program Boundary
Program Boundary

NO CHANGE
NO CHANGE

FEE TITLE

LAND USE APPLICATION FEES

LAND USE APPLICATION FEES

PLANNING FEES

FEE CHANGE

$

$

1,641.95 $

$0.40 / square foot

$

$1,016 per dwelling unit
$646 per dwelling unit
$7,634 per 1,000 sf
$10,309 per 1,000 sf
$3,613 per 1,000 sf
$13,681 per 1,000 sf
$194 per 1,000 sf
$1,016 per 1,000 sf

1,705.99

$0.42 / square foot

$

Page 12

$1,016 per dwelling unit
$646 per dwelling unit
$7,634 per 1,000 sf
$10,309 per 1,000 sf
$3,613 per 1,000 sf
$13,681 per 1,000 sf
$194 per 1,000 sf
$1,016 per 1,000 sf

REASONING FOR CHANGE

NO CHANGE

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

NO CHANGE
Per the municipal code (4.13.250) the public safety impact fee shall be
adjusted annually for inflation based on Denver-Aurora-Lakewood CPI. The
FEE CHANGE Town uses the 1st half of the year method for all CPI increases to our fees
(i.e. 2027 CPI increases are based on the annual CPI increase from July 2025
through June 2026).
Per the municipal code (4.13.250) the public safety impact fee shall be
adjusted annually for inflation based on Denver-Aurora-Lakewood CPI. The

FEE CHANGE Town uses the 1st half of the year method for all CPI increases to our fees

(i.e. 2027 CPI increases are based on the annual CPI increase from July 2025
through June 2026).

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

Page 133 of 159

FEE TYPE

FEE TITLE

ENGINEERING FEES
2026 FEE

2027 FEE

Engineer - Hourly Rate
Grading Permit Fee - 50 cubic yards or less

GRADING PERMIT FEES

Grading Permit Fee - 51-100 cubic yards

GRADING PERMIT FEES

Grading Permit Fee - 101-1,000 cubic yards

GRADING PERMIT FEES

Grading Permit Fee - 1,001-10,000 cubic yards

$234.50 for the first 1,000 cy
plus $9.00 for each add ‘l 1,000
cy or fraction thereof

$234.50 for the first 1,000 cy
plus $9.00 for each add ‘l 1,000
cy or fraction thereof

NO CHANGE

GRADING PERMIT FEES

Grading Permit Fee - 10,001-100,000 cubic yards

$315.50 for the first 10,000 cy
plus $40.50 for each add ‘l
10,000 cy or fraction thereof

$315.50 for the first 10,000 cy
plus $40.50 for each add ‘l
10,000 cy or fraction thereof

NO CHANGE

GRADING PERMIT FEES

$680 for the first 100,000 cy
Grading Permit Fee - 100,001 cubic yards or more plus $22.50 for each add ‘l
10,000 cy or fraction thereof

$680 for the first 100,000 cy
plus $22.50 for each add ‘l
10,000 cy or fraction thereof

NO CHANGE

GRADING PERMIT FEES

Grading Plan Review Fee

Town Engineer Hourly Rate
(Minimum 2 Hours)

Town Engineer Hourly Rate
(Minimum 2 Hours)

NO CHANGE

2027 Fee Schedule

$
60 $
60
$
65 $
65
$65 for the first 50 cy plus
$65 for the first 50 cy plus
$15.00 for each add ‘l 10 cy or
$15.00 for each add ‘l 10 cy or
fraction thereof
fraction thereof
$140 for the first 1,000 cy plus $140 for the first 1,000 cy plus
$10.50 for each add ‘l 100 cy or $10.50 for each add ‘l 100 cy or
fraction thereof
fraction thereof

FEE CHANGE

ENGINEERING DEPARTMENT
GRADING PERMIT FEES

Page 13

NO CHANGE
NO CHANGE

REASONING FOR CHANGE

NO CHANGE

NO CHANGE

Page 134 of 159

FEE TYPE

PUBLIC WORKS FEES

FEE TITLE

Sewer - Per Equivalent Residential Unit
PLANT INVESTMENT FEE-SEWER
(1.0 EQR)

2026 FEE (AMENDED)
$

2027 FEE

10,000.00 $

FEE CHANGE
10,000.00

25.00
75.00 (Hourly)

150.00 (Hourly)

150.00 (Hourly)

NO CHANGE

$85-$90

$85-$90

NO CHANGE

$

15,846.61 $

16,322.00

Water Per Equivalent Residential Unit
(EQR) Out of Town

$

23,769.90 $

24,483.00

PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS

Door Tag – Water Notice Shut Off
Meter Check Service Fee
Meter Check Service Fee – After
Hours/Holidays

$

Public Works Engineer - Hourly Rate
Water Shut Off/Turn On After
Hours/Holidays
Backflow Device Inspection Fee
Right of Way Construction Permit
Road Cut Permit Annual
Road Cut Permit One Time
Water Shut Off/Turn On
Non-Operational Meter
Yard Waste Fee (per month)
Water Fill Station (Base Fee)

$
$
$
$
$
$
$

NO CHANGE
3% fee increase on proposed increase structure for Plant
Investment Fees discussed during 2018 budget season due
FEE CHANGE
to rate study recommendation (15% increase 2019-2022
and 3% increase 2023-2027)
3% fee increase on proposed increase structure for Plant
Investment Fees discussed during 2018 budget season due
FEE CHANGE
to rate study recommendation (15% increase 2019-2022
and 3% increase 2023-2027)
NO CHANGE
NO CHANGE

Water Per Equivalent Residential Unit
PLANT INVESTMENT FEE-WATER
(EQR) In Town

PLANT INVESTMENT FEE-WATER

25.00
75.00 (Hourly)

$

150.00 $

150.00

NO CHANGE

75.00 (Hourly)
150.00
300.00
100.00
75.00
$100/month
2.00
50.00

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

NO CHANGE

50.00
150.00
400.00

NO CHANGE
NO CHANGE
NO CHANGE

$400 / month

NO CHANGE

100.00

NO CHANGE

$80

$80

NO CHANGE

75.00 (Hourly)
150.00
300.00
100.00
75.00
$100/month
2.00
50.00

$
$
$
$
$
$

PUBLIC WORKS

Water Fill Station Usage Rate

Current "Out of Town NonCurrent "Out of Town NonResidential Commercial & Mixed Residential Commercial & Mixed
Use base fee (per unit)"
Use base fee (per unit)"
Schedule within Utility Fees
Schedule within Utility Fees

PUBLIC WORKS
PUBLIC WORKS
PUBLIC WORKS

Excavation Permit One Time
Excavation Permit Annual
Backflow Assembly Test

$
$
$

PUBLIC WORKS

Backflow Assembly - Not Compliant

PUBLIC WORKS

Hydrant Meter Base Fee (pre-approved
projects)

PUBLIC WORKS

Hydrant Flow Test

WATER METER FEES
WATER METER FEES

Water Meter Fees - 1” Service
Water Meter Fees - ¾” Service

$
$

990.00 $
960.00 $

990.00
960.00

NO CHANGE
NO CHANGE

WATER METER FEES

Water Meter Fees - 2” Service

$

1,766.00 $

1,766.00

NO CHANGE

WATER METER FEES

Water Meter Fees - Greater than 2”
Service

Meter and all items associated Meter and all items associated
with insallation of meters larger with insallation of meters larger
than 2" - actual cost x 2
than 2" - actual cost x 2

NO CHANGE

2027 Fee Schedule

50.00 $
150.00 $
400.00 $
$400 / month

$

REASONING FOR CHANGE

100.00

$

Page 14

Page 135 of 159

FEE TYPE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE
PUBLIC WORKS - EMERGENCY RESPONSE

2027 Fee Schedule

PUBLIC WORKS FEES (EMERGENCY RESPONSE ONLY)
FEE TITLE

Public Works Employee Labor - Not For Public
Tandem Dump Truck -Not For Public
Backhoe -Not For Public
Tool Cat -Not For Public
Loader -Not For Public
Street Sweeper -Not For Public
Skid Steer -Not For Public
Motor Grader -Not For Public
Lift Truck -Not For Public
Boom Mower Tractor/Mowing -Not For Public
ATV -Not For Public
Flushing Trailer/Flushing Skid -Not For Public
Pickup Truck/4x4 Vehicle -Not For Public
Water Pump/Trash Pump -Not For Public
Chainsaw + Employee Rate -Not For Public
Demo Saw + Employee Rate -Not For Public
Air Compressor -Not For Public
Traffic Cones -Not For Public
Type 2 barricades -Not For Public
Type 3 barricades -Not For Public
Traffic Barrels -Not For Public
Additional signage -Not For Public
Variable Message Sign -Not For Public

2026 FEE

2027 FEE

$38/Hour
$70/Hour
$50/Hour
$50/Hour
$60/Hour
$120/Hour
$50/Hour
$65/Hour
$115/Hour
$50/Hour
$13.20/Hour
$90/Hour
$20.80/Hour
$27.10/Hour
$3.45 + $38/Hour
$7.20 + $38/Hour
$104/Day
$1.25/Cone
$2.00/Barricade
$2.75/Barricade
$2.50/Barrel
$1.50 /Sign
$220/Day

$38/Hour
$70/Hour
$50/Hour
$50/Hour
$60/Hour
$120/Hour
$50/Hour
$65/Hour
$115/Hour
$50/Hour
$13.20/Hour
$90/Hour
$20.80/Hour
$27.10/Hour
$3.45 + $38/Hour
$7.20 + $38/Hour
$104/Day
$1.25/Cone
$2.00/Barricade
$2.75/Barricade
$2.50/Barrel
$1.50 /Sign
$220/Day

Page 15

FEE CHANGE

REASONING FOR CHANGE

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

Page 136 of 159

COURT
COURT
COURT
COURT
COURT
COURT
COURT
COURT
COURT
COURT
COURT
COURT

FEE TYPE

FEE TITLE

Court Cost
Surcharge - Criminal Violation
Surcharge - Traffic Code Violation
Jury Demand Fee
Witness Fee
Juror Fee-Engaged on Jury
Juror Fee-Attendance on Panel
Mileage Fees (witnesses and jurors)
Deferred Judgement Fee
Deferred Prosecution Fee
Insurance Dismissal Fee
Bench Warrant Fee

COURT

Incarceration Fee

COURT
COURT
COURT
COURT
COURT
COURT

Charitable Contribution
Collections Administration Fee
Stay of Execution Fee
Non-Resident Violator Compliance Fee
Outstanding Judgment Warrant Fee
Record Sealing Fee

COURT

Notice of Appeal

COURT

Transcript Copies for Appeals

2027 Fee Schedule

COURT FEES

$
$
$
$

2026 FEE

2027 FEE

30 $
30
20
20 $
10 $
10
25 $
25
$ 5/day
$ 5/day
$6/day
$6/day
$3/day
$3/day
$0.15/mile
$0.15/mile
$
75 $
75
40
$
40 $
$
10 $
10
$
50 $
50
Amount equal to sum charged Amount equal to sum charged
to the Town by the County for to the Town by the County for
incarceration
incarceration
$
5 $
5
$
50 $
50
$
25 $
25
$
30 $
30
$
30 $
30
$
65 $
65
$200.00 deposit + actual cost of $200.00 deposit + actual cost of
transcription
transcription
$0.50 per page
$0.50 per page

Page 16

FEE CHANGE

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

REASONING FOR CHANGE

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

Page 137 of 159

FEE TYPE

FEE TITLE

POLICE DEPARTMENT
POLICE DEPARTMENT
POLICE DEPARTMENT
POLICE DEPARTMENT
POLICE DEPARTMENT
POLICE DEPARTMENT
POLICE DEPARTMENT

Abandoned Vehicle Administration Fee
Nuisance Alarm Fee
Initial Sex Offender Registration
Sex Offender Annual Registration
Sex Offender Information Update
Sex Offender Quarterly Registration
Police Report Digital Evidence Disc Fee

POLICE DEPARTMENT

Police Report Digital Evidence Flash Drive

POLICE DEPARTMENT

Police Report Fee
Police Report Research Fee (per hour, first hour
free)
Sex Offender De- Registration
Video Editing / Redaction / Research Fee

POLICE DEPARTMENT
POLICE DEPARTMENT
POLICE DEPARTMENT

PUBLIC SAFETY FEES
$
$
$
$
$
$
$

2026 FEE

2027 FEE

100.00 $
100.00
150.00 $
150.00
75.00 $
75.00
25.00 $
25.00
$
25.00 $
25.00
5.00 $
5.00
8GB-$5.00 per flash drive
8GB-$5.00 per flash drive
32GB-$8.00 per flash drive 1TB- 32GB-$8.00 per flash drive 1TB$85.00 per flash drive
$85.00 per flash drive
$0.25 per page
$0.25 per page
$41.37 / hour
$

$41.37 / hour

$

NO CHANGE
NO CHANGE

NO CHANGE

NO CHANGE

POLICE DEPARTMENT

Certified VIN Inspection

$

Page 17

NO CHANGE

$41.37 / hour

Extra Duty Officer Fee

54.00

REASONING FOR CHANGE

NO CHANGE

NO CHANGE

POLICE DEPARTMENT

2027 Fee Schedule

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

$41.37 / hour

Officer Rate: $110/hr
Officer Rate: $110/hr
Officer Pay: $98/hr
Officer Pay: $98/hr
Code Enforcement Officer Rate: Code Enforcement Officer Rate:
$80/hr
$80/hr
Code Enforcement Officer Pay: Code Enforcement Officer Pay:
$71.50/hr
$71.50/hr
Supervisor: $135/hr
Supervisor: $135/hr
Supervisor Pay: $120/hr
Supervisor Pay: $120/hr
(Supervisor rate only charged if (Supervisor rate only charged if
the size of the event requires a the size of the event requires a
supervisor)
supervisor)
54.00 $

FEE CHANGE

Page 138 of 159

FEE TYPE

FEE TITLE

2026 FEE

UTILITY FEES

2027 FEE

FEE CHANGE

REASONING FOR CHANGE

REFUSE FEE

Residential monthly charges rubish removal,
recycling, and composting base fee

$

43.44 $

45.13

Proposed increase of 3.9%. This is in accordance with the Town's agreement
with Vail Honeywagon. Annual increase should be the lower of CPI or 5%.
FEE CHANGE Current Denver-Aurora-Lakewood area CPI for July 2026 = 3.9%.

REFUSE FEE

Additional trashcan fee per month

$

26.01 $

27.02

FEE CHANGE with Vail Honeywagon. Annual increase should be the lower of CPI or 5%.

REFUSE FEE

Additional single stream recycle can fee per
month

$

10.40 $

10.81

FEE CHANGE with Vail Honeywagon. Annual increase should be the lower of CPI or 5%.

25.00 $

25.00

NO CHANGE

15.00

$

15.00

NO CHANGE

20.00

$

20.00

NO CHANGE

15.00
30.00
18.00

$
$
$

15.00
30.00
18.00

NO CHANGE
NO CHANGE
NO CHANGE

18.00

$

18.00

NO CHANGE

7.00
90.00
50.00
20.00
2.00
1.45

$
$
$
$
$
$

7.00
90.00
50.00
20.00
2.00
1.45

NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
REFUSE FEE
STORMWATER MANAGEMENT
FEE
STORMWATER MANAGEMENT
FEE

Return Trip Fee: Missed collection due to account
$
holder error
Extra Trash Charges: Furniture - couch, sofa, twin
$
or single box springs/mattresses
Extra Trash Charges: Furniture - per king/queen
$
mattress or box springs
Extra Trash Charges: Appliances - stove, oven, wash $
Extra Trash Charges: Appliances - hot water heater, $
Extra Trash Charges: Carpet: per cubic yard
$
Extra Trash Charges: Construction Materials - per
$
cubic yard
Extra Trash Charges: Tires (each)
$
Trash Can - New
$
Trash Can - Used
$
Recycle Container
$
Yardwaste Fee
$
$
Administrative Fee for Refuse Billing

Proposed increase of 3.9%. This is in accordance with the Town's agreement
Current Denver-Aurora-Lakewood area CPI for July 2026 = 3.9%.

Proposed increase of 3.9%. This is in accordance with the Town's agreement
Current Denver-Aurora-Lakewood area CPI for July 2026 = 3.9%.

Residential Monthly Fee

$

4.50

$

4.50

NO CHANGE

Commercial Monthly Fee

$

9.00

$

9.00

NO CHANGE

WASTEWATER FUND FEE

Residential/Commercial/Mixed
Use/Government/Schools - Monthly Sewer
Service (per unit)

$

71.60

$

73.74

FEE CHANGE 3% ongoing annual increase per the 2021 rate study

WATER FUND FEE

Rate Class Monthly Base Fees & Usage Block (gal)
Charge per 1,000 gal

WATER FUND FEE

Residential without accessory dwelling unit base
fee

$

43.40

$

44.71

WATER FUND FEE

0-6,000

$

3.69 $

3.80

WATER FUND FEE

6,001-17,000

$

8.14 $

8.39

WATER FUND FEE

17,001-28,000

$

12.21

$

12.57

WATER FUND FEE

28,000 +

$

18.30

$

18.85

2027 Fee Schedule

Page 18

3% ongoing annual increase per water rate model approved in
2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.

Page 139 of 159

FEE TYPE

FEE TITLE

2026 FEE

UTILITY FEES

2027 FEE

FEE CHANGE

WATER FUND FEE

Residential with accessory dwelling unit base fee

$

54.45

$

56.08

WATER FUND FEE

0-8,000

$

3.69 $

3.80

WATER FUND FEE

8,001-17,000

$

8.14 $

8.39

WATER FUND FEE

17,001-28,000

$

12.21

$

12.57

WATER FUND FEE

28,000 +

$

18.30

$

18.85

WATER FUND FEE

Non-Residential Commercial & Mixed Use Base
Fee (per unit)

$

43.40

$

44.71

WATER FUND FEE

0-6,000

$

3.69 $

3.80

WATER FUND FEE

6,000 +

$

8.14 $

8.39

WATER FUND FEE

Non-Residential Government, Schools & Churches
$
base fee (per unit)

43.40

$

44.71

WATER FUND FEE

0-6,000

$

3.69 $

3.80

WATER FUND FEE

6,000 +

$

8.14 $

8.39

WATER FUND FEE

Residential/ Non- Residential Compound Meter
High Side base fee (per unit)

WATER FUND FEE

All Usage

$

8.14 $

8.39

WATER FUND FEE

Out of Town Residential without accessory
dwelling unit base fee

$

65.12

$

67.07

WATER FUND FEE

0-6,000

$

5.54 $

5.71

WATER FUND FEE

6,001-17,000

$

12.16

$

12.53

WATER FUND FEE

17,001-28,000

$

18.26

$

18.81

2027 Fee Schedule

Page 19

REASONING FOR CHANGE

3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.

Page 140 of 159

FEE TYPE

FEE TITLE

2026 FEE

UTILITY FEES

2027 FEE

FEE CHANGE

WATER FUND FEE

28,000 +

$

27.36

$

28.18

WATER FUND FEE

Out of Town Residential with accessory dwelling
unit base fee

$

81.73

$

84.18

WATER FUND FEE

0-8,000

$

5.54 $

5.71

WATER FUND FEE

8,001-17,000

$

12.16

$

12.53

WATER FUND FEE

17,001-28,000

$

18.26

$

18.81

WATER FUND FEE

28,000 +

$

27.36

$

28.18

WATER FUND FEE

Out of Town Non-Residential Commercial & Mixed
$
Use base fee (per unit)

65.12

$

67.07

WATER FUND FEE

0-6,000

$

5.54 $

5.71

WATER FUND FEE

6,000 +

$

12.16

$

12.53

WATER FUND FEE

Non-Residential Government, Schools & Churches
$
base fee (per unit)

65.12

$

67.07

WATER FUND FEE

0-6,000

$

5.54 $

5.71

WATER FUND FEE

6,000 +

$

12.16

$

12.53

WATER FUND FEE

Residential/ Non- Residential Compound Meter
High Side base fee(per unit)

WATER FUND FEE

All Usage

$

12.16

$

12.53

WATER FUND FEE
WATER FUND FEE
WATER FUND FEE
WATER FUND FEE
WATER FUND FEE
WATER FUND FEE
WATER FUND FEE
WATER FUND FEE
WATER FUND FEE

Surcharge Residential (per unit)
Low Usage - (0 - 4,000 gallons)
Average Usage - (4,000 - 14,000)
High Usage - (14,000 + )
Surcharge Non-Residential (per unit)
Low Usage - (0 - 4,000 gallons)
Average Usage - (4,000 - 46,000)
High Usage - (46,000 + )
Utility Payment Late Fee (Water/Sewer/Trash)

$
$
$

8.15 $
12.50 $
17.00 $

8.15
12.50
17.00

$
$
$
$

8.15
12.50
17.00
5.00

$
$
$
$

8.15
12.50
17.00
5.00

2027 Fee Schedule

Page 20

REASONING FOR CHANGE

3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
3% ongoing annual increase per water rate model approved in
FEE CHANGE 2018 for base and tier usage rates. No increase for surcharge
rates per rate model.
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE
NO CHANGE

Page 141 of 159

FEE TYPE

BROADBAND FEE - LAST MILE
650 Mbps Business Internet only (subject to capacity
SERVICE
availability) - In Town Business
BROADBAND FEE - LAST MILE
650 Mbps Business Broadband (subject to capacity
SERVICE
availability) - In Town Business
BROADBAND FEE - LAST MILE
up to 10 Gbps Business Broadband (subject to capacity
SERVICE
availability) - In Town Business
BROADBAND FEE - LAST MILE
650 Mbps (subject to capacity availability) - In Town
SERVICE
Residential
BROADBAND FEE - LAST MILE
Out of Town Surcharge for Residential and Business
SERVICE
Customers
BROADBAND FEE - LAST MILE
Standard Installation
SERVICE
BROADBAND FEE - MIDDLE MILE
1 Gbps (subject to capacity availability)
SERVICE
BROADBAND FEE - MIDDLE MILE
5 Gbps (subject to capacity availability)
SERVICE
BROADBAND FEE - MIDDLE MILE
10 Gbps (subject to capacity availability)
SERVICE
BROADBAND FEE - MIDDLE MILE
Port fee (monthly recurring charge)
SERVICE
BROADBAND FEE - MIDDLE MILE
Additional port (each)
SERVICE
BROADBAND FEE - MIDDLE MILE
Setup fee (one time)
SERVICE
BROADBAND FEE - MIDDLE MILE
Quarter rack colocation space
SERVICE

2027 Fee Schedule

BROADBAND FEES

FEE TITLE

2026 FEE

2027 FEE

FEE CHANGE

$

99.95 $

99.95

NO CHANGE

$

299.95 $

299.95

NO CHANGE

TBD upon Building Audit

NO CHANGE

TBD upon Building Audit
$

69.95 $

69.95

NO CHANGE

$

20.00 $

20.00

NO CHANGE

$

179.00 $

179.00

NO CHANGE

$

875.00 $

875.00

NO CHANGE

$

3,125.00 $

3,125.00

NO CHANGE

$

5,000.00 $

5,000.00

NO CHANGE

$

250.00 $

250.00

NO CHANGE

$

500.00 $

500.00

NO CHANGE

$

2,500.00 $

2,500.00

NO CHANGE

$

1,000.00 $

1,000.00

NO CHANGE

Page 21

REASONING FOR CHANGE

Page 142 of 159

CIF: 5-YEAR FUND PROJECTION

FUND BALANCES (Beginning):
RESTRICTED: COMMUNITY ENHANCEMENT 1
RESTRICTED: GRAND AVE
ASSIGNED: GRAND AVENUE
ASSIGNED: AFFORDABLE HOUSING
ASSIGNED: TOWN FACILITIES
ASSIGNED: OTHER CAPITAL PROJECTS 2
TOTAL FUND BALANCES (Beginning)

REVISED
2026

ACTUAL
2025

59,175
7,905,919
560,000
9,264,090
17,789,184

$

$

$

650,000
60,000
55,438
192,928
620,966
750,000
1,500,000
4,100,000
7,929,332

22,754,375

$

$

$

919,056
1,197,205
2,022,737
813,723
12,469
4,965,190

NET SOURCE (USE) OF FUNDS

$

FUND BALANCES (Ending):
RESTRICTED: COMMUNITY ENHANCEMENT 1
ASSIGNED: GRAND AVENUE
ASSIGNED: AFFORDABLE HOUSING
ASSIGNED: TOWN FACILITIES
ASSIGNED: OTHER CAPITAL PROJECTS 2
TOTAL FUND BALANCES (Ending):

$

REVENUE
31-430-45
Capital Improvement Interest
31-430-47
Devolution & Transportation Interest
31-430-50
Community Enhancement 1
31-430-74
Developer Contribution to Grand Ave.
31-430-84
Public Safety Impact Fees
31-430-85
Street Impact Fees
31-430-86
Use Tax
31-430-87
Grants
31-436-72
Sale of Fixed Assets
31-437-80
Transfer from STCIF
31-437-10
Transfer from General Fund - Grand Ave
31-437-10
Transfer from General Fund - LERP
31-437-10
Transfer from General Fund - Other
TOTAL REVENUE
TOTAL SOURCES
EXPENDITURES
Capital Expenditures: Buildings, Parks, & Open Space
Capital Expenditures: Streets & ROW
Capital Expenditures: Grand Ave
Capital Expenditures: Equipment & Fleet
Non-Capital Expenditures
Debt Service
Transfers to Other Funds
TOTAL EXPENDITURES & TRANSFERS

$

51,242
1,788,531
7,129,504
375,000
5,796,090
15,140,367

$

$

$

564,255
83,232
58,588
1,594,152
490,728
290,445
2,262,607
5,000
560,000
250,000
955,000
500,000
7,614,008

$

$

BUDGET
2027

$

$

$

BUDGET
2028

8,505,919
560,000
9,898,850
18,964,769

$

$

$

550,000
60,000
108,157
137,500
1,700,000
500,000
850,854
3,906,511

25,718,516

$

$

$

2,288,747
2,799,000
900,000
677,000
69,000
20,000
6,753,747

2,648,817

$

17,789,184
59,175
7,905,919
560,000
9,264,090
17,789,184

$

$

$

BUDGET
2029

60,000
6,871,919
560,000
9,454,966
16,946,885

$

$

$

50,000
60,000
15,000
5,000
555,000
893,397
1,578,397

22,871,280

$

$

$

1,606,710
159,000
1,634,000
1,197,338
920,574
406,773
5,924,395

1,175,585

$

18,964,769
8,505,919
560,000
9,898,850
18,964,769

BUDGET
2030

60,000
(6,695,201)
560,000
6,772,193
696,992

$

$

$

50,000
60,000
15,000
5,000
555,000
938,067
1,623,067

$

50,000
60,000
15,000
5,000
555,000
984,970
1,669,970

18,525,282

$

2,320,059

$

(15,510,811)

$

$

515,000
30,000
15,875,000
1,547,860
1,126,207
406,773
19,500,840

$

$

1,240,000
690,000
13,567,120
870,030
1,054,367
406,773
17,828,290

$

4,825,500
1,171,855
15,950,000
751,090
1,195,880
406,773
24,301,098

(2,017,884)

$

(16,249,893)

$

(17,877,773)

$

(22,631,128)

$

16,946,885

$

696,992

$

(17,180,781)

$

(39,811,909)

$

60,000
6,871,919
560,000
9,454,966
16,946,885

$

60,000
(6,695,201)
560,000
6,772,193
696,992

$

60,000
(22,570,201)
560,000
4,769,420
(17,180,781)

$

60,000
(38,520,201)
560,000
(1,911,708)
(39,811,909)

$

$

$

$

60,000
(22,570,201)
560,000
4,769,420
(17,180,781)

1 Per Holy Cross Energy (HCE) 2010 Franchise agreement, the Town receives 1% of the municipalities revenue, and funds received are restricted to be spent on programs approved
by HCE.
2 Per Town Policy, the fund must maintain fund balance equal to 50% of capital expenditures, less projects with dedicated funding such as Grand Avenue.

Page 143 of 159

STCIF: 5-YEAR FUND PROJECTION

FUND BALANCES (Beginning):
RESTRICTED: NONSPENDABLE
$
RESTRICTED: DEBT SERVICE RESERVE 1
ASSIGNED: CAPITAL PROJECTS
TOTAL FUND BALANCES (Beginning)
$

REVISED
2026

ACTUAL
2025
161,619
(105,526)
56,093

$

$

BUDGET
2027

8,142
161,619
3,481,699
3,651,460

$

$

$

1,127,000
(250,000)
346,081
90,000
222,500
1,535,581

$

BUDGET
2028

8,142
1,015,101
1,819,697
2,842,940

$

$

$

1,150,000
346,456
75,000
1,571,456

$

BUDGET
2029

1,015,850
1,032,196
2,048,046

$

$

$

1,173,000
346,456
75,000
1,594,456

$

BUDGET
2030

1,015,650
157,752
1,173,402

$

$

$

1,196,460
346,456
25,000
1,567,916

$

1,220,389
346,456
25,000
1,591,845

$

$

1,014,500
55,859
1,070,359

REVENUE
Sales Tax
61-431-30
Grants
61-433-10
Mountain Rec Capital Funds
61-433-20
Mountain Rec Debt Service Match
61-433-30
Interest - ColoTrust STCIF
61-436-10
Interest - ColoTrust Project Fund
61-436-15
Contributions & Donations
61-436-42
Debt Proceeds
61-436-50
Debt Premium
61-436-60
Insurance Proceeds
61-436-78
TOTAL REVENUE

$

1,102,117
572,249
215,254
96,329
55,456
3,000
8,805,000
378,947
11,228,351

TOTAL SOURCES

$

11,284,445

$

5,187,041

$

4,414,396

$

3,642,502

$

2,741,318

$

2,662,205

$

$

$

104,040
26,010
23,409
153,459

$

$

102,000
25,500
22,950
150,450

$

$

100,000
25,000
22,500
147,500

$

$

50,000
4,000
25,000
44,500
123,500

$

$

55,646
55,646

$

106,121
26,530
23,877
156,528

$
$

-

$
$

25,000
25,000

$
$

-

$
$

-

$
$

-

$
$

-

$

5,930,068
141,541
317,285
318
6,389,212

$

582,000
203,000
392,500
1,177,500

$

200,000
1,000,000
1,200,000

$

150,000
1,150,000
1,300,000

$

500,000
500,000

$

-

$

$

$

330,000
140,000
544,500
3,000
1,017,500

$

$

315,000
135,000
565,650
3,000
1,018,650

$

$

300,000
130,000
585,850
3,000
1,018,850

$

$

285,000
125,000
605,101
3,000
1,018,101

$

350,000
145,000
522,400
3,000
1,020,400

EXPENDITURES
CHARGES FOR SERVICES
61-50-310
Communication & Shipping
61-50-347
Professional Services
61-50-351
Legal
61-50-360
R&M Services
61-50-361
Trail Repair & Maintenance
TOTAL CHARGES FOR SERVICES
FIXED CHARGES
61-50-510
Insurance
TOTAL FIXED CHARGES
CAPITAL OUTLAY
61-50-720
Multi-Use Rec Facilities Impr.
61-50-730
Paved Path Improvments
61-50-745
Town Park Improvements
61-50-760
River Park Improvements
TOTAL CAPITAL OUTLAY

$

$

$

$

$

$

$

DEBT SERVICE
61-50-814
Debt Service - Pool
61-50-815
Debt Service - River Park
61-50-816
Debt Service Interest
61-50-810
Cost of Issuance
61-50-820
Agent Fees
TOTAL DEBT SERVICE

$

175,000
120,000
463,838
178,789
500
938,127

TRANSFERS TO OTHER FUNDS
61-50-950
Transfer to CIF

$

250,000

$

-

$

-

$

-

$

-

$

-

TOTAL EXPENDITURES & TRANSFERS

$

7,632,984

$

2,344,101

$

2,366,350

$

2,469,100

$

1,670,959

$

1,176,928

NET SOURCE (USE) OF FUNDS

$

3,595,367

$

(808,520)

$

(794,894)

$

(874,644)

$

(103,043)

$

414,917

FUND BALANCES (Ending):
$
RESTRICTED: NONSPENDABLE
$
RESTRICTED: DEBT SERVICE RESERVE 1
ASSIGNED: CAPITAL PROJECTS
TOTAL FUND BALANCES (Ending):
$

3,651,460
8,142
161,619
3,481,699
3,651,460

$
$

2,842,940
8,142
1,015,101
1,819,697
2,842,940

$
$

2,048,046
1,015,850
1,032,196
2,048,046

$
$

1,173,402
1,015,650
157,752
1,173,402

$
$

1,070,359
1,014,500
55,859
1,070,359

$
$

1,485,276
1,017,400
467,876
1,485,276

$

$

$

$

$

$

Funds may be used for 1) The acquisition, design, and construction of the Eagle River Park, 2) Other Town parks, 3) Path improvements, and 4) Multi-recreational facilities
1 Per Town Policy, the fund must maintain fund balance equal to one year of debt service.

Page 144 of 159

OPEN SPACE FUND: 5-YEAR FUND PROJECTION

FUND BALANCES (Beginning):
RESTRICTED: WILDLIFE MITIGATION
COMMITTED FUND BALANCE 1
TOTAL FUND BALANCE (Beginning)

REVISED
2026

ACTUAL
2025
$
$

878,537
878,537

$

$

BUDGET
2027

294,000
1,038,594
1,332,594

$

$

$

243,000
980
45,000
16,513
20,000
30,000
100,000
455,493

$

BUDGET
2028

1,372,362
1,372,362

$

$

$

250,000
300
40,000
87,500
50,000
427,800

$

BUDGET
2029

1,009,308
1,009,308

$

$

$

255,000
300
40,000
50,000
345,300

$

BUDGET
2030

872,597
872,597

$

$

$

260,100
300
30,000
50,000
340,400

$

265,302
300
20,000
50,000
335,602

$

$

724,196
724,196

REVENUES
81-430-10
Lodging Tax
81-430-15
Penalty & Interest
81-430-20
Interest on Investments
81-431-00
Grants
81-431-10
Developer Contribution
81-433-00
Intergovernmental Contributions
81-434-40
Real Estate Transfer Fee
81-436-70
Miscellaneous
81-437-10
Transfer from General Fund
TOTAL REVENUES

$

264,865
1,772
42,075
1,517
369,660
7,402
142,500
829,791

TOTAL SOURCES

$

1,708,328

$

1,788,087

$

1,800,162

$

1,354,608

$

1,212,997

$

1,059,798

$

$

$

$

142,500
337,060
9,241
488,801

$

$

142,500
330,451
9,060
482,011

$

$

458,000
323,972
8,882
790,854

$

$

92,850
314,343
8,532
415,725

$

142,500
343,802
9,426
495,727

$

EXPENDITURES
Capital Expenditures
Operating Expenses
Transfers-Out
TOTAL EXPENIDTURES & TRANSFERS

$

137,147
221,805
16,782
375,734

NET SOURCE (USE) OF FUNDS

$

454,057

$

39,768

$

(363,054)

$

(136,711)

$

(148,401)

$

(160,125)

FUND BALANCES (Ending):
RESTRICTED: WILDLIFE MITIGATION
COMMITTED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

1,332,594
294,000
1,038,594
1,332,594

$

1,372,362
1,372,362
1,372,362

$

1,009,308
1,009,308
1,009,308

$

872,597
872,597
872,597

$

724,196
724,196
724,196

$

564,071
564,071
564,071

$

$

$

$

$

$

Funds may be used for 1) Open space buffer zones, 2) Trails within open space areas, 3) Wildlife habitats & wetland preservation, 4) Construction & maintenance of soft path rec
trails connecting to the existing Town system, and 5) Construction of facilities such as restrooms, parking, & other improvements to enhance user experience within Town open
1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures.

Page 145 of 159

WASTEWATER FUND: 5-YEAR FUND PROJECTION
ACTUAL
FUND BALANCES (Beginning):
RESTRICTED: RATE STABILIZATION 1
ASSIGNED FUND BALANCE 2
TOTAL FUND BALANCES (Beginning)
REVENUE

51-434-70
51-436-50
51-434-90
51-436-55
51-436-67
51-436-60
51-436-69

REVISED
2026

2025
$
$

$

417,951
13,679,278
14,097,229

$

$

$

$

3,600,000
450,000
265,000
801,228
5,116,228

$

BUDGET
2028

535,823
14,709,772
15,245,596

$

$

$

3,700,000
250,000
656,700
4,606,700

$

BUDGET
2029

575,443
9,657,563
10,233,006

$

$

$

3,811,000
175,000
656,700
4,642,700

$

BUDGET
2030

586,951
2,188,128
2,775,079

$

$

$

3,925,330
50,000
656,700
4,632,030

$

4,043,090
50,000
656,700
4,749,790

$

$

598,690
2,549,871
3,148,562

Service Fees
Interest on Investments
Plant Investment Fees (Tap Fees)
Grants
Intergovernmental Contribution
Loan Proceeds
Miscellaneous
TOTAL REVENUE

$

3,496,083
497,925
2,780,020
(37)
6,773,991

TOTAL SOURCES

$

17,709,696

$

19,213,457

$

19,852,296

$

14,875,706

$

7,407,109

$

7,898,352

$

$

$

1,785,000
2,339,318
78,786
55,444
4,258,548

$

$

8,785,000
2,293,449
967,821
54,357
12,100,626

$

$

6,345,000
2,248,479
972,520
53,291
9,619,290

$

$

855,098
2,097,790
969,470
45,503
3,967,861

$

$

1,104,108
1,495,037
963,896
49,426
3,612,467

$

1,355,000
2,386,104
78,786
56,553
3,876,443

NET SOURCE (USE) OF FUNDS

$

3,161,524

$

1,148,367

$

(5,012,590)

$

(7,457,926)

$

373,482

$

873,347

FUND BALANCES (Ending):

$

14,097,229

$

15,245,596

$

10,233,006

$

2,775,079

$

3,148,562

$

4,021,909

$

417,951
13,679,278
14,097,229

$

535,823
14,709,772
15,245,596

$

575,443
9,657,563
10,233,006

$

586,951
2,188,128
2,775,079

$

598,690
2,549,871
3,148,562

$

610,664
3,411,245
4,021,909

EXPENDITURES
Capital Expenditures
Operating Expenditures
Debt Service
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

RESTRICTED: RATE STABILIZATION 1
ASSIGNED FUND BALANCE 2
FUND BALANCE (Ending)

$

417,951
10,517,754
10,935,705

BUDGET
2027

1 Per the 2007 loan the Town shall maintain an operations and maintenance reserve equal to three months of operation and maintenance expenses, excluding depreciation of
the system.
2 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

Page 146 of 159

WATER FUND: 5-YEAR FUND PROJECTION

FUND BALANCES (Beginning):
RESTRICTED: DEBT SERVICE 1
ASSIGNED FUND BALANCE 2
TOTAL FUND BALANCES (Beginning)
REVENUE

52-434-70
52-434-80
52-434-83
52-434-84
52-434-85
52-434-90
52-434-95
52-436-50
52-436-60
52-436-65
52-436-75
52-436-78
52-436-94
52-436-95

ACTUAL
2025
$
$

840,448
20,147,696
20,988,144

$

$

BUDGET
2027

826,298
19,456,474
20,282,771

$

$

$

480,000
3,400,000
550,000
24,400
506,800
550,000
30,000
141,393
5,682,593

$

BUDGET
2028

960,331
16,308,855
17,269,186

$

$

$

480,000
4,100,000
590,000
56,100
1,044,000
600,000
16,000
6,886,100

$

BUDGET
2029

990,442
17,884,918
18,875,361

$

$

$

480,000
4,223,000
607,700
56,100
1,044,000
600,000
16,000
7,026,800

$

BUDGET
2030

1,004,920
17,318,992
18,323,912

$

$

$

480,000
4,349,690
625,931
56,100
1,044,000
600,000
16,000
7,171,721

$

480,000
4,480,181
644,709
56,100
1,044,000
600,000
16,000
7,320,990

$

$

1,020,038
7,375,403
8,395,441

Debt Service Surcharge
Water Sales - In Town
Water Sales - Out Of Town
Fill Station Water Sales
Water Materials/Other
Plant Investment Fees (Tap Fees)
Cash-In-Lieu Of Water Rights
Water Interest
Water Rights Interest
Grants
Service Charge
Insurance Proceeds
Intergovernmental Contribution
Water Miscellaneous Revenue
TOTAL REVENUE

$

479,311
4,117,394
589,146
22,466
114,728
3,277,251
114,000
881,436
22,485
11,592
1,176
9,630,985

TOTAL SOURCES

$

30,619,129

$

25,965,365

$

24,155,286

$

25,902,161

$

25,495,633

$

15,716,431

$

$

$

12,945,000
3,088,726
991,426
75,040
17,100,192

$

$

3,485,000
3,028,163
991,517
73,569
7,578,248

$

$

1,246,030
2,968,787
992,982
72,126
5,279,925

$

$

4,786,600
2,850,601
990,723
68,255
8,696,179

$

$

6,961,536
2,320,139
985,051
69,632
10,336,358

$

7,245,000
3,150,501
992,071
76,541
11,464,112

NET SOURCE (USE) OF FUNDS

$

(705,373)

$

(3,013,586)

$

1,606,175

$

(551,448)

$

(9,928,471)

$

(4,143,123)

FUND BALANCES (Ending):
RESTRICTED: DEBT SERVICE 1
ASSIGNED FUND BALANCE 2
TOTAL FUND BALANCE (Ending)

$

20,282,771
826,298
19,456,474
20,282,771

$

17,269,186
960,331
16,308,855
17,269,186

$

18,875,361
990,442
17,884,918
18,875,361

$

18,323,912
1,004,920
17,318,992
18,323,912

$

8,395,441
1,020,038
7,375,403
8,395,441

$

4,252,319
1,035,643
3,216,676
4,252,319

EXPENDITURES
Capital Expenditures
Operating Expenditures
Debt Service
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

$

REVISED
2026

$

$

$

$

$

$

1 Per the 2018 loan agreement the Town shall maintain an operations and maintenance reserve in an amount equal to three months operations and maintenance expenses (not to
exceed $1,250,000)
2 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

Page 147 of 159

STORMWATER FUND: 5-YEAR FUND PROJECTION

FUND BALANCES (Beginning):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)
REVENUE

55-434-40
55-436-10

REVISED
2026

ACTUAL
2025

BUDGET
2027

BUDGET
2028

BUDGET
2029

BUDGET
2030

$
$

318,754
318,754

$
$

405,635
405,635

$
$

273,712
273,712

$
$

391,635
391,635

$
$

510,204
510,204

$
$

(8,723)
(8,723)

$

$

$

$

146,129
14,000
160,129

$

$

144,683
14,000
158,683

$

$

143,250
14,000
157,250

$

$

143,250
14,000
157,250

$

147,591
14,000
161,591

Service Fees
Interest Income
TOTAL REVENUE

$

94,715
12,138
106,853

TOTAL SOURCES

$

425,607

$

562,885

$

430,962

$

550,318

$

670,334

$

152,867

$

$

$

638,141
40,916
679,057

$

$

40,114
40,114

$

$

39,327
39,327

$

$

250,000
39,173
289,173

$

$

19,972
19,972

$

869,666
41,734
911,400

NET SOURCE (USE) OF FUNDS

$

86,881

$

(131,923)

$

117,923

$

118,569

$

(518,927)

$

(749,810)

FUND BALANCES (Ending):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

405,635
405,635
405,635

$

273,712
273,712
273,712

$

391,635
391,635
391,635

$

510,204
510,204
510,204

$

(8,723)
(8,723)
(8,723)

$

(758,533)
(758,533)
(758,533)

EXPENDITURES
Capital Expenditures
Operating Expenditures
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

$

$

$

$

$

$

1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

Page 148 of 159

BROADBAND FUND: 5-YEAR FUND PROJECTION

FUND BALANCES (Beginning):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCES (Beginning)
REVENUE
56-434-10
Broadband Fees - Residential (In Town)
56-434-20
Broadband Fees - Residential (Out of Town)
56-434-30
Broadband Fees - Business
56-434-40
Broadband Installation Fees
56-436-50
Interest
56-436-70
Miscellaneous
56-431-50
Franchise Fees
56-436-90
Debt Proceeds
Transfers-In from Water Fund
56-437-52
TOTAL REVENUE
TOTAL SOURCES

REVISED
2026

ACTUAL
2025

BUDGET
2027

BUDGET
2028

BUDGET
2029

BUDGET
2030

$
$

55,967
55,967

$
$

108,295
108,295

$
$

133,677
133,677

$
$

176,927
176,927

$
$

222,614
222,614

$
$

265,654
265,654

$

$

$

183,618
109,926
5,000
56,106
354,649

$

$

181,800
108,838
5,000
55,550
351,188

$

$

180,000
107,760
55,000
342,760

$

$

115,000
900
70,000
1,241
3,000
53,000
243,141

$

$

100,118
73,996
592
924
55,077
230,708

$

185,454
111,025
5,000
56,667
358,146

$

286,675

$

351,436

$

476,437

$

528,115

$

577,264

$

623,800

$

$

$

$

301,252
10,358
311,610

$

$

295,345
10,155
305,500

$

$

289,554
9,956
299,510

$

$

214,915
2,844
217,759

$

307,277
10,565
317,842

EXPENDITURES
Capital Expenditures
Operating Expenditures
Debt Service
Transfers-Out
TOTAL EXPENDITURES & TRANSFERS

$

175,547
2,833
178,380

NET SOURCE (USE) OF FUNDS

$

52,328

$

25,382

$

43,250

$

45,687

$

43,039

$

40,304

FUND BALANCES (Ending):
ASSIGNED FUND BALANCE 1
TOTAL FUND BALANCE (Ending)

$

108,295
108,295
108,295

$

133,677
133,677
133,677

$

176,927
176,927
176,927

$

222,614
222,614
222,614

$

265,654
265,654
265,654

$

305,957
305,957
305,957

$

$

$

$

$

$

1 Per Town Policy, the fund must maintain fund balance equal to 25% of operating expenditures and one year of debt service.

Page 149 of 159

To:

Mayor Woods and Town Council

From:

Nikki Davis, Assistant Town Manager

Date:

October 27, 2026

Agenda Item: Ordinance 16, Series 2026 - Eagle Downtown Development Authority
Boundary Correction, Block 13 Vacated Alley
REQUEST: Staff requests the Town Council consider Ordinance 16, Series 2026, amending the
Eagle Downtown Development Authority (DDA) boundary to include the vacated alleyway
within Block 13 of the Town of Eagle.
BACKGROUND: On July 28, 2026, Town
Council adopted Ordinance 10, Series 2026,
approving a request from Eagle Multi Family
LLC and 241 JAH, LLC to vacate the northsouth public alleyway within Block 13. The
alley is surrounded by Capitol Street, Grand
Avenue, Howard Street, and East Second
Street.
The vacation was intended to provide greater
flexibility for future redevelopment of the
surrounding parcels while securing easements
necessary for the Town's Grand Avenue
Multimodal Corridor Project. As part of the
approval, ownership of the vacated alleyway was divided equally between the adjoining
property owners (Eagle Multi Family LLC and 241 JAH, LLC), extending their respective property
boundaries to the centerline of the former alley. The Town also retained conditional access and
utility rights within the alley until the existing utilities are relocated.
On August 25, 2026, Town Council adopted Ordinance 15, Series 2026, approving Petitions for
Inclusion submitted by the same property owners to incorporate their properties into the DDA.
However, the legal description of the recently vacated alleyway was inadvertently omitted from
the petitions, despite the property owners' intent to include the entire property footprint within
the district.

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ANALYSIS: The Eagle County Assessor's Office identified the omission and requested an
additional ordinance formally documenting the inclusion of the vacated alleyway within the
DDA boundary.
Ordinance 16, Series 2026, addresses this omission by incorporating the alleyway's legal
description and updating the official DDA boundary map. This action is administrative and is
intended to align the DDA's recorded boundary with the original inclusion request.
COMMUNITY INPUT: None for this item.
BUDGET/STAFF IMPACT: There is no immediate budget impact associated with this action. The
correction will allow the Eagle County Assessor's Office to account for the vacated alleyway
within the DDA boundary and associated tax increment area.
STRATEGIC PLAN ALIGNMENT/STANDARDS ACHIEVED: Property inclusions into the DDA
support the Town's broader efforts to encourage coordinated reinvestment and economic
development within and adjacent to downtown.
RECOMMENDED ACTION OR PROPOSED MOTION: A motion to approve Ordinance 16, Series
2026, amending the Eagle Downtown Development Authority boundary to include the vacated
alleyway within Block 13.
ATTACHMENTS:
1. Ordinance 16, Series 2026
2. Exhibit A - Alley Vacation Legal Description
3. Exhibit B - DRAFT DDA Boundary Map, Created 10-21-2026
4. (LINK): Ordinance 10, Series 2026
5. (LINK): Ordinance 15, Series 2026

PO Box 609 • 200 Broadway • Eagle, CO 81631 • www.townofeagle.org • [email protected] • 970-328-6354
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TOWN OF EAGLE, COLORADO
ORDINANCE NO. 16
(Series of 2026)
AN ORDINANCE OF THE TOWN OF EAGLE, COLORADO, AMENDING ORDINANCE
NO. 25, SERIES 2020, AS AMENDED, TO INCLUDE A VACATED ALLEYWAY WITHIN
BLOCK 13 IN THE BOUNDARIES OF THE EAGLE DOWNTOWN DEVELOPMENT
AUTHORITY
WHEREAS, the Town Council of the Town of Eagle, Colorado (the “Town Council”) adopted
Ordinance No. 25, Series 2020 creating the Eagle, Colorado Downtown Development Authority
(the “DDA”) and establishing the boundaries of the Downtown Development Authority District
(the “DDA District”); and
WHEREAS, by Town Council Resolution No. 44, Series 2022, the Town of Eagle adopted
the DDA Amended Plan of Development (the “Plan”); and
WHEREAS, the Town Council subsequently amended the boundaries of the DDA District
pursuant C.R.S. § 31-25-822 through Ordinance No. 02, Series 2026, and Ordinance No. 11, Series
2026, Ordinance No. 15, Series 2026; and
WHEREAS, on July 18, 2026, the Town Council adopted Ordinance No. 10, Series 2026,
vacating a north-south public alleyway within Block 13 of the Town of Eagle (the “vacated
alleyway”), with ownership vesting in the abutting property owners, Eagle Multi Family LLC and
241 JAH, LLC; and
WHEREAS, on August 25, 2026, the Town Council adopted Ordinance No. 15, Series 2026,
approving Petitions for Inclusion submitted by Eagle Multi Family LLC and 241 JAH, LLC, and
incorporating the petitioned properties within the DDA District; and
WHEREAS, the Eagle County Assessor’s Office has requested additional documentation to
establish the inclusion of the vacated alleyway within the DDA District for property assessment
and tax increment purposes; and
WHEREAS, the Town Council desires to correct the omission by incorporating the vacated
alleyway, as legally described in Exhibit A, within the DDA District and updating the official
boundary map attached hereto as Exhibit B; and
WHEREAS, the Town Council finds that this correction is consistent with the previously
approved inclusion of the surrounding properties under Ordinance No. 15, Series 2026 and is in
the best interest of the Town and the public health, safety, and welfare.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF EAGLE,
COLORADO THAT :

Section 1.

The foregoing recitals are incorporated herein as if set forth in full.
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Section 2. The vacated alleyway within Block 13, as legally described in Exhibit A, is hereby
included within the boundaries of the Eagle Downtown Development Authority District.
Section 3.
Section 2 of Ordinance No. 25, Series 2020, as subsequently amended, is
hereby repealed and reenacted to read as follows, with double underlined text added
and strike through language deleted:
Section 2. Boundaries. The boundaries of the Authority shall be as set forth in
the map attached hereto as Exhibit M B. Ordinance No. 21, Series 2020. The
Authority may include additional property within the boundaries of the Authority
as provided in C.R.S. § 31-25-822.
*Exhibit A to Ordinance No. 21, Series 2020 is Exhibit M B to this Ordinance No. 15
No. 16, Series 2026.
Section 4. All ordinances heretofore passed and adopted by the Town Council of the
Town of Eagle, Colorado are hereby repealed to the extent that said ordinances, or parts
thereof, are in conflict herewith.
Section 5.
If any section, subsection, clause, phrase, or provision of this ordinance,
or the application thereof to any person or circumstance, shall to any extent, be held by
a court of competent jurisdiction to be invalid, void, or unconstitutional, the remaining
sections, subsections thereof to any person or circumstance, shall remain in full force
and shall in no way be affected, impaired, or invalidated.
Section 6.
6.03(5).

This ordinance shall become effective pursuant to the Charter Section

INTRODUCED AS AN ORDINANCE, READ, MOVED, AND ORDERED PUBLISHED ON
OCTOBER 27, 2026.

TOWN OF EAGLE, COLORADO

Bryan Woods, Mayor
ATTEST:

Camille Deering, Town Clerk

Page 153 of 159

Page 154 of 159

DRAFT Created: 10-21-2026
Source: Eagle County Assessor, 2025
Exhibit B – Town of Eagle Ordinance
16-2026 DDA Boundary Map

Page 155 of 159

To:

Mayor Woods and Town Council

From:

Nikki Davis, Assistant Town Manager

Date:

October 27, 2026

Agenda Item: Proposition 123 Unit Count and 2027-2029 Growth Commitment
REQUEST: No action is requested. Staff are providing an update on the Town’s first three-year
Proposition 123 growth commitment and preparations to file a new commitment for the 2027–
2029 funding cycle.
BACKGROUND: In September 2023, the Town of Eagle opted into Proposition 123 (“Prop 123”)
by committing to increase our affordable housing supply by 3% annually through 2026. To
maintain eligibility for Prop 123 funding, the Town must meet its growth commitment goal - 32
new, converted, or preserved affordable units by the end of 2026 - and adopt an expedited land
use review process for qualifying developments.
ANALYSIS:
How Units Qualify
DOLA allows communities to count new construction, preservation, conversions, qualifying
down payment assistance, and naturally occurring affordable housing. Staff must provide
documents showing that the units meet the affordability requirements and when they become
eligible to count. For the current cycle, that date must fall between the Town’s September 13,
2023 filing and December 31, 2026.
Housing Category

Counting Milestone or Trigger Requirement

New Construction

Building permit for vertical construction issued on or after the Town’s commitment filing, with
qualifying affordability documented.

Preservation

Existing affordable homes protected from losing affordability. Required funding and permits
generally must be in place; an extension of an affordability agreement counts when executed.

Conversion

Market-rate homes or non-residential properties newly made affordable. Generally counted at
the later of full funding or required permitting; if neither applies, execution of the affordability
agreement.

Other Eligible Units

Qualifying down payment assistance: date of sale
Naturally occurring affordable housing: date of sale or when renting begins

PO Box 609 • 200 Broadway • Eagle, CO 81631 • www.townofeagle.org • [email protected] • 970-328-6354
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Affordability Requirements
DOLA’s general unit-counting standards identify rental housing at or below 60% of Area Median
Income (AMI) and ownership housing at or below 100% AMI. Recent legislative changes made
to certain Prop 123 funding programs increased the homeownership threshold to 120% AMI
beginning July 1, 2026. The general housing cost limit is at or below 30% of a household’s
monthly income.
A deed restriction alone does not mean a home qualifies. Staff must also verify the price or rent,
affordability terms, and date of eligibility. The Town and Eagle Ranch’s local housing programs
serve a broad range of incomes, so some locally restricted homes may not meet Prop 123’s
requirements.
Current Growth Commitment: 32 Units
Staff have identified the 16 Habitat for Humanity homes at Adam’s Way, permitted in November
2023, as eligible inventory.
The preservation of the 120 apartments at Eagle Villas offers another opportunity to meet the
remaining 16-unit commitment. Staff are collaborating with Eagle County to explore sharing
eligible unit credit through an intergovernmental agreement (IGA), as required by DOLA for unit
sharing. The units each party can count will need proof of affordability, namely the Low-Income
Housing Tax Credit (LIHTC) Agreement.
What We Cannot Count
Eagle has seen significant growth in new housing stock since September 2023. However, much
of that inventory was either permitted before the Town filed its commitment or does not meet
Prop 123’s affordability requirements, preventing it from counting toward the current
commitment.
The 7 Hermits Condos delivered 75 deed restricted homeownership units but were permitted in
May 2023. The phased Hockett Gulch apartments, now known as The Pike and The Powell,
delivered a combined 500 new units, 45 percent of which are resident-occupied deed restricted.
No rent caps apply to these apartments.
2027–2029 Commitment and Adjustment Waiver
House Bill 26-1313 changed how communities calculate their next commitment. Instead of
using the existing affordable housing baseline, the new formula looks back at the average
annual number of new housing units permitted over the prior three years (2023, 2024, 2025).
That number is then multiplied by three (to account for the next three-year cycle) and a 10%,
15%, or 20% factor based on county job growth compared with the statewide median. The
calculation uses the number of housing units authorized by building permits, since one permit
can cover multiple units.
Using DOLA’s formula, staff have calculated a 103-unit commitment for 2027–2029. However,
we will be filing an Adjustment Waiver requesting a lower growth commitment target. This
process must be completed by November 1.

PO Box 609 • 200 Broadway • Eagle, CO 81631 • www.townofeagle.org • [email protected] • 970-328-6354
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Requesting an Adjusted Commitment
Staff will request an adjusted commitment of 28 units and ask DOLA to consider giving the Town
credit for the 75 price-capped homes at 7 Hermits (103-75 = 28). The waiver will explain how
these homes expanded Eagle’s affordable housing stock, why their permit dates prevented them
from counting toward the current commitment, and what the Town’s known development
pipeline can deliver in the next cycle. DOLA requires reliable, verifiable data to support an
adjustment and must approve the revised target.
The proposed 28-unit commitment includes the 24 Habitat homes planned at Haymeadow
Homes. Staff expect these units to be permitted within the next three-year cycle (2027-2029)
and meet Prop 123 homeownership affordability requirements through Habitat’s deed
restriction model. This gives the Town a known project to support the requested commitment.
The waiver asks DOLA to recognize recent housing delivery when setting the next target; it does
not automatically carry the 7 Hermits units into the next cycle. If DOLA does not approve an
adjustment, the 103-unit commitment remains in place. The Town would then need additional
qualifying new construction, conversions, or preservation to meet that growth target.
Funding and Continued Eligibility
The Town received a $54,400 Prop 123 Local Planning Capacity Grant to complete the
Affordable Housing Accelerator Project (AHAP), with a $13,600 Town match. The $68,000
project included the Eagle Express Lane fast-track review process, a land inventory and site
suitability analysis, and an affordable housing funding strategy.
The Town also received a separate $50,000 Local Planning Capacity incentive award to help
create a Housing module in Tyler Technologies. This will expand staff’s capacity to manage the
Local Employee Residency Program in-house. These two awards total $104,400 in Prop 123
funding.
Filing the next commitment keeps the Town and local housing partners eligible to apply for Prop
123 dollars and program. Without a commitment, the Town and developers proposing projects
in Eagle would lose access to those resources. Participation allows us to apply; it does not
guarantee funding.
There is no funding claw back provision if we do not meet our current growth target. The
outcome is a temporary loss of future eligibility. More specifically, if the Town does not meet its
current 32-unit target and does not receive an approved Good Faith Effort waiver, we lose
funding eligibility in 2027. We could reengage in the program beginning in 2028 through the
required filing process.
Next Steps
Staff will file the 2027–2029 commitment and Adjustment Waiver by November 1 and complete
the current-cycle unit submission and compliance documentation by December 31. Any unitsharing IGA requiring Town Council approval will be presented by December 8.

PO Box 609 • 200 Broadway • Eagle, CO 81631 • www.townofeagle.org • [email protected] • 970-328-6354
Page 158 of 159

COMMUNITY INPUT: None requested or received for this informational update.
BUDGET / STAFF IMPACT: Any future Town investment in a housing project or program would
be considered through the applicable supplemental or annual budget process.
STRATEGIC ALIGNMENT / STANDARDS ACHIEVED: Continued participation in Prop 123 supports
the Town’s affordable housing objectives by keeping state funding available to the Town and our
housing partners and developers.
RECOMMENDED ACTION OR PROPOSED MOTION: No formal action or motion is requested for
this matter.
ATTACHMENTS:
• Proposition 123 Resource Page
• October 28, 2025 Affordable Housing Accelerator Project (AHAP)

PO Box 609 • 200 Broadway • Eagle, CO 81631 • www.townofeagle.org • [email protected] • 970-328-6354
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