2017 Budget

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The Town Board of Trustees approved the Town's 2017 budget and 2017 - 2021 financial plans on October 10th, 2016. 2017 budgets total almost $42 million. Because of increasing property values combined 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 tax at 7.93 mills. This tax rate is down 10% since 2007.
• Town Library tax will remain at 1.50 mills.
• Superior Metropolitan District (SMD) No. 2 tax reduced from 5.30 to 5.20 mills. This tax rate is down 35% since the District was dissolved at the end of 2003 and the Town assumed maintenance, capital project and debt service responsibilities. This tax will end after 2018.
• Superior Metropolitan District (SMD) No. 3 tax reduced from 5.20 to 5.10 mills. This tax rate is down 36% since the District was dissolved. This tax will end after 2018.
• Superior/McCaslin Interchange Metropolitan District tax at 26.00 mills, or a 25% decrease from 2012.

This is the fourteen consecutive year the Town Board has been able to decrease one of its controlled property tax rates.

Utility fee changes include a 2.5% increase in water and a 5% increase in sewer service/usage charges. An “average” residential customer will see their bill increase $2 - $3 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 ($1.7 million in 2017) and utility system capital improvements anticipated as a result of unfunded State and Federal mandates. In last year’s budget (2016), water rate increases were projected at 5% annually for the foreseeable future (at least through 2021). However with recent new connections/growth to the water utility system, annual water rate increases are projected to be 2.5% in 2017 and 2018, then dropping to 0% annually in 2019 - 2021.

The 2017 public works/utilities capital program calls for the street maintenance and replacement program to continue at $1.3 million a year. Improvements to the interchange at McCaslin and US 36 are substantially complete, but additional transportation, traffic signal upgrades and trail improvements adjacent to the interchange will continue. 2017 water, sewer and storm drainage maintenance capital improvements are budgeted at over $1.1 million. Final design of a Town water storage reservoir (Chimney Hollow) is planned at $620,000.

In terms of parks, recreation and open space amenities, there will be continued significant maintenance activities and improvements at our pools, parks, ball fields, and trails. 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 to continue. The Town had created a budget for public art throughout the community. A 2017 project to discuss/review indoor recreation options is included. $800,000 in new trails and channel enhancements to the Coal Creek corridor between McCaslin and Highway 36 ($1,500,000) are planned. The Town’s yard waste site will be enlarged/improved and the hours of operation will be expanded.

The Town continues to aggressively pay down outstanding debt/other obligations. In 2006, the Town had a debt/other long-term obligation balance of over $71 million. By the end of 2017, this balance will be down to $33 million (with $4.7 million in principal payments in 2017).

The 2017 budget is available below. Please contact Town Hall at 303-499-3675 with any questions.

2017 Budget
2017 Budget - Low Resolution
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