2019 Budget

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The Town Board of Trustees has adopted the Town's 2019 budget at their October 8th meeting.
2019 budgets total over $45 million.  Because of increasing property values, stable to increasing sales and use tax revenues, one-time revenues from new growth, 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 – the same as 2018.  This tax rate is down 10% since 2007. 
•       Town Library tax at 1.50 mills
•       Superior/McCaslin Interchange Metropolitan District tax reduced to 24.00 mills – down from the 2018 rate of 25.00.  Since 2012 this tax rate has decreased over 31%.

It is worth noting that two longer term Town property taxes expired at the end of 2018.  These were taxes for Superior Metropolitan District Nos. 2 and 3, which began in the 1980s.  These taxes were used to support debt that built many of the roads, trails and parks in Rock Creek.  Most taxpayers will see a roughly 5% decrease in their property tax rate with the payoff of this debt.

2019 will be the 16th consecutive year the Town has decreased at least one of our property tax rates.

Utility fee changes include a 5% increase in sewer service/usage charges.  A residential customer will see their bill increase a little more than $1 per month as a result of this fee increase.  This rate adjustment is necessary to offset increased operational utility costs, routine system capital maintenance, debt service and utility system capital improvements anticipated as a result of unfunded State and Federal mandates.  Previously, water rates were projected to increase at 5% annually for the foreseeable future (at least through 2023).  However, with recent new growth to the Town’s utility system (primarily in Downtown Superior), water and storm drainage service fees are projected to remain flat, or no increases, through 2023.

The 2019 capital program calls for the street maintenance and replacement program (primarily the reconstruction of 88th Street) to continue at over $4 million. A new traffic signal is planned at Rock Creek and S. Coal Creek.  2019 water, sewer and storm drainage capital improvements are budgeted at $6.7 million.  The majority of this work is at Superior’s wastewater treatment plant.
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 tennis courts
• tree, plant and shrub enhancements throughout the community
• a new Riverbend St. park (’19 design, ’20 construction)
• phase 1 completion of the Coal Creek enhancement project in Downtown Superior
• Superior’s 4th of July festivities, Chili Fest and dozens of other community events
• enhanced cultural arts and events funding to include installation of the McCaslin/Main St. roundabout art project, completion of an arts master plan and new main and pop up events
• construction of a trail head on McCaslin near the Shan Shan open space
• completion of a new concrete trail from the RTD bus rapid transit station to Davidson Mesa
The 2019 budget is available below.  Material changes made from the preliminary budget are highlighted in yellow.  Should you have any questions/comments, please contact Paul Nilles, Finance Director (303-499-3675, pauln@superiorcolorado.gov).

2019 Budget
2019 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