SILT, Colorado - The town government's proposed 2013 budget calls for a spending increase in the general fund of slightly more than 3 percent over the 2012 general fund, according to Town Administrator Pamela Woods.
Part of that increase, Woods reported to the board of trustees, is a merit raise of 2.5 percent for eligible employees under the town's merit-pay policy approved in 2011.
Also in the plans is a Main Street improvement project, funded by a $1 million grant from Garfield County.
The budget is to be considered for formal approval at a public hearing on Dec. 10.
The town expects to bring in a total of $4.868 million from all sources of revenue next year, and to spend a total of $4.864 million, leaving approximately $3,300 unspent.
These figures reflect the town's overall budget, which includes special budgetary components that are not part of the general fund.
Among these are the water/wastewater fund, the economic development fund and the beautification fund, intended for projects to spruce up the town.
In the general fund, which pays the day-to-day operating expenses of the government, the town is anticipating revenues of just over $1.8 million, and expenditures of just under $1.8 million, according to Woods' memo.
On the revenue side, $952,000, or 53 percent, is to come from property, sales, use and other kinds of taxes.
Another $394,000, or 22 percent, is to come from intergovernmental payments, such as state taxes on cigarettes and highway users, county road and bridge revenues, motor vehicle registrations, mineral severance and mineral lease funds.
Some 41 percent of the town's general fund expenditures will be through the public works department, which is budgeted to spend $720,915, including repairs to the streets and the community center.
The town plans to spend approximately $598,000 on its police department next year, or roughly 33 percent of the general fund. The department staff includes Police Chief Levy Burris, six full-time officers and one part-time clerk.
The next largest portion of the 2013 budget, outside of the general fund, is the water and wastewater fund, which is expected to collect $1.61 million in fees and other sources.
Expenditures from that fund, including administration, operations and bond repayments, are expected to come to just over $1.6 million.