© 2024 Aspen Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

2017 budget process begins

Alycin Bektesh
/
Aspen Public Radio News

Local governments are opening up their spreadsheets as the 2017 budget process begins Tuesday.

Pete Strecker, assistant finance director, for the City of Aspen will “kick-off” budget talks with a power point presentation to the City Council during its work session. The 2017 operating budget is currently hovering near $117 million.

The months-long budget approval process includes an overview of tax revenue, as well as specifics of the current economic environment and capital-asset spending. With multiple municipal developments underway, capital project expenses are up this year. Fee changes that affect the operating budget include this year’s increases to parking prices, as well as development review waivers for non profits.

Snowmass Village Town Manager Clint Kinney presents Tuesday as well, to the Snowmass Town Council. The preliminary projections for 2017 show a total operating budget of $31.5 million. Real estate transfer taxes are expected to increase by 10 percent. Budget priorities are listed as recruiting and retaining town staff, assessing needs of the housing program, and developing a capital improvement plan.

 

Both councils will hold public comment on their budgets in the upcoming weeks.

Related Content