Kremmling budgets to tackle big projects
December 13, 2013
KREMMLING — The Town of Kremmling has budgeted money to update its ice hockey rink in 2014 as well as perform maintenance to a number of roads in the area and complete work on the town's water treatment plant, all with the help of a number of grants. The Kremmling town board unanimously approved the 2014 budget on Dec. 4.
The town reported a carry-over from this year's budget of more than $1 million, which is giving them the ability to pursue the three major projects in 2014.
"We are trying to get a lot done this year," said Kremmling Town Manager Mark Campbell.
With the total amount of expenditures for the 2014 budget expected to be $1.4 million and total revenues estimated to reach around $946,000, the town may appear to be spending more money than they are taking in, however the carry-over balance from 2013 will leave the general fund with an expected $631,000 balance at the end of 2014.
"Although it may seem we are spending into a deficit, we are actually doing very well," Campbell said. "We will be spending money that we have saved up to this point to get these projects done.
The town has budgeted $159,000 to complete updates to the ice hockey rink with $109,000 of that money coming from a Great Outdoors Colorado, or GOCO grant, which is funded by the Colorado Lottery. The rest of the money for the project will come from the town's conservation trust fund, which is also funded by the Colorado Lottery.
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"Nearly every penny of this project will come from lottery money," Campbell said.
The town plans to spend $800,000 to update roads in the area, with $300,000 for the project being provided by a grant from the Colorado Department of Local Affairs.
The updates to the water treatment facility that serves the town will cost an estimated $240,000, including $100,000 in grant money from the state. The town has applied for the grant though has not yet formally received the money.
The town will increase solid-waste collection fees to 90 cents a month per customer in 2014, due to an increase in charges to the town from the company the town contracts for trash collection. The increase will take effect in January.
Reid Tulley can be reached at 970-887-3334