Budget & Financial Reports

2023 Budget Preparation

The Board of Trustees began reviewing the 2023 proposed budget in a Work Session on Wednesday, September 21. As of Wednesday, October 19 the Board of Trustees have been presented with the entire 2023 proposed budget. View the 2023 Budget Overview & Narrative here

View the following fund's proposed 2023 budget documents: 

Please note that these numbers are proposed and subject to change.  Any updates made to these documents will be posted in a timely manner. 

Upcoming Tentative Budget Calendar

  • Wednesday, November 16: Budget Adoption in a Public Hearing during Board of Trustees Special Meeting

Budget

The Town of Firestone budget is a financial plan for the annual public operations for the Town. The annual budget is a balanced budget, which means that planned expenditures do not exceed the total of revenues plus other available funds, such as fund balances. This is an important distinction since a growing community such as Firestone may reasonably be expected to receive development related revenues in one year that are intended to be held in reserve until expended in a future year on capital projects. The expenditure of existing fund balances under these circumstances should be viewed as part of a multi-year financial plan and not just in the isolation of a single year. 

Each annual budget addresses key initiatives and goals laid out by the Board of Trust

Financial Reports

State of Colorado law requires that all general-purpose local governments publish, within six months of the close of each fiscal year, a complete set of financial statements presented in conformity with generally accepted accounting principles in the united states and audited in accordance with generally accepted auditing standards by a firm of licensed certificated public accounts. The result is an annual financial report.