2015 Budget

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The Town Board of Trustees has completed its review of the Town's 2015 budget and 2015 - 2019 financial plans. These budgets were adopted at the Board’s October 27th, 2014 meeting.

2015 budgets total almost $45 million. Because of stable property values combined with targeted new development and redevelopment activity along with continued cost control efforts, property tax rates controlled by the Town are projected to continue to remain stable or decrease including:

  • Town General Fund property tax at 7.93 mills. This tax rate is down 10% since 2007.
  • Superior Metropolitan District (SMD) No. 3 tax reduced from 6.10 to 6.00 mills. This tax rate, along with SMD No. 2’s tax rate, are down over 22% - 25% 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 staying at the reduced rate of 28.00 mills, or a 20% decrease from 2012.

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, debt service ($2.25 million in 2015) and utility system capital improvements anticipated as a result of unfunded State and Federal mandates. The 5% increase in 2015 would, in all likelihood, have been larger if not for a $1.1 million transfer from the Town’s General Fund budget.

The 2015 capital program calls for our street maintenance and replacement program to continue at an aggressive funding level of $2.8 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. 2015 funds are budgeted at $2.3 million. Water, sewer and storm drainage capital improvements are budgeted at $3 million.

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. A new park is being designed in 2015, south of Coalton Road adjacent to the Eldorado K-8 school. The successful Superior Morgul Classic bicycle event, 4th of July festivities, Chili Fest and many other community events are planned. These events, as well as volunteer activities and support to Town advisory Committees/Commissions are proposed to be expanded with the addition of a new Town staff member.

The 2015 budget as well as the Town’s fee schedule are available below. Please contact Town Hall at 303-499-3675 with any questions.

Budget Book - (Low Resolution - 7MB)
Budget Book - (High Resolution - 16MB)
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

2015 Town of Superior Fee Schedule