The Jefferson County Board of Commissioners adopted the 2018 Budget at its Dec. 5 public hearing. The $556.2 million annual budget was the result of more than 30 meetings spanning 7 months with elected officials and staff members across all Jeffco departments, including Development & Transportation, Finance & Information Technology, Parks & Open Space and Human Services.
All three commissioners thanked staff for its hard work, and noted that the budget will ensure that Jeffco citizens have access to the services they expect from the county.
Commissioner Libby Szabo said, "I appreciate all you’ve done and the new way of thinking and moving toward Resilient Jeffco. I urge you (to continue) in that … with your efforts we’ve already put a few efficiencies forward – they may be small, but those small things add up. We really appreciate the work this team puts in looking at today and in the future.”
Commissioner Donald Rosier noted that the budget required that some hard decisions be made, saying, "Our expenditures are outpacing our revenues … a recession is coming; how bad and when, we don’t know. To be resilient, we need to make sure that we’re thinking ahead and … are looking at modifications in the operations budget. A lot of work has been put into the budget. The hard work and diligence shows in how you present it. “
For 2018, forecasted revenues are $432.2 million, excluding $101.4 million in inter-fund transfers, with approximately 51 percent of the revenues brought into the county derived from property taxes.
Operating expenditures for 2018 are projected to be $459.1 million, which is a 3.6 percent increase over 2017. Capital expenditures are estimated to be $35.8 million. The operating expenditure exclude interdepartmental transfers of $61.2 million.
With his approval vote, Commissioner Casey Tighe noted, "Resilient Jeffco is about how we deliver services and finding new ways to deliver those services to the citizens … that we are interacting with them in the most efficient and effective ways possible. It’s been a long, good process. We have a good budget here.”
The adopted budget book is available on the Adopted Budget web page.