2014 Budget

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The Town Board of Trustees has completed its review and approval of the Town's 2014 budget and 2014 - 2018 financial plans. These budgets were formally adopted at the Board’s November 25th, 2013 meeting.

Total 2014 budgets are over $43 million. Because of stable property values combined with continued cost control efforts, property tax rates controlled by the Town continue to remain stable or decrease including:

  • Town General Fund tax at 7.93 mills. This tax rate is down 10% since 2007.
  • Superior Metropolitan District (SMD) No. 3 tax reduced from 6.20 to 6.10 mills. This tax rate, along with SMD No. 2’s tax rate, are down over 22% since these Districts were dissolved at the end of 2003 and the Town assumed maintenance and debt service responsibilities.
  • Superior/McCaslin Interchange Metropolitan District tax remained at the reduced rate of 28.00 mills, or a 20% decrease from two years ago.

Utility fee changes include a 5% increase in water, sewer and storm drainage service/usage charges. An “average” residential customer will see their bill increase $3 - $4 per month as a result of these fee increases. These rate adjustments are necessary to offset increased operational utility costs, routine system capital maintenance (over $1 million in 2014) and utility system capital improvements anticipated as a result of unfunded State and Federal mandates. Also Original Town sewer service charges (which are tied to City of Louisville rates) will not increase to begin the year. However, Louisville is considering a sewer rate increase in the spring, 2014. Once Louisville determines the amount of this increase, Original Town rates will go up by the same percentage.

The 2014 capital program calls for our street maintenance and replacement program to continue at an aggressive funding level of $2.75 million. Work will continue not only on phase II improvements to the interchange at McCaslin and US 36 but also additional transportation and trail improvements adjacent to the interchange. 2014 funds are budgeted at almost $2 million. Water, sewer and storm drainage capital improvements are budgeted at over $2.8 million.

“Green”/Renewal energy efforts continue with ongoing energy efficiency improvements to Town facilities as well as participation in a community solar garden program.

In terms of parks and recreation amenities, there will be continued significant maintenance activities and improvements at our pools, parks, ball fields and tennis courts. Tree, plant and shrub enhancements will continue throughout the community. The successful Superior Morgul Classic bicycle event, 4th of July festivities, Chili Fest and many other community events are planned. A community/recreation center feasibility study will be completed. Open space purchases/improvements (Hodgson Harris Dam Rehabilitation) and on-going trail connection projects are budgeted.

Communication enhancements include a complete upgrade of the Town’s web page and a citizen survey of services provided by the Town.

The 2014 budget is available below. Please contact Town Hall at 303-499-3675 with any questions.

Budget Book - (Low Resolution - 8MB)
Budget Book - (High Resolution - 20MB)
Budget Message and Introduction
Budget Overview
Revenue and Expense Summary
General Fund
Special Revenue
Superior Metro District #1
Superior Urban Renewal
Superior McCaslin Interchange
Debt Service
Capital Improvement
Glossary

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