MEAD — Trustees in Mead have met for the first of three meetings to hammer out the town’s 2006 budget.
A draft budget prepared by town treasurer Shirley Wergin served as the centerpiece of the Oct. 18 talks. After making several changes to the first draft, trustees have proposed a general fund budget in which town expenditures of about $1.27 million would exceed projected revenues of $1.16 million.
Mead’s beginning fund balance — leftover general fund money from 2005 — of more than $360,000 would put the town back in the black, however.
“Things look about status quo from last year,” Wergin said. “We’re predicting about the same amount of growth as far as what it costs to run the town.”
Though several new subdivisions will be going up in Mead next year, town manager Mike Friesen says commercial growth, not residential growth, generates significant revenue for a town.
Mead plans to spend $10,000 on a centennial celebration and $50,000 to repair leaks and a damaged valve on a dam it owns in the Indian Peaks Wilderness Area. The town will also hire a third crossing guard and begin handling mosquito spraying itself instead of renewing a contract with the county.
Mead has allocated $200,000 from its $623,000 road fund budget for paving new streets and sidewalks. Depending on further discussions and residents’ demands for paved roads in 2006, additional general fund money may be transferred to improve roads.
In early 2005, Mead had $7,000 allocated for dust control on its primarily dirt roads, but by September, it had already spent almost double that. In 2006, trustees plan to spend $17,500 to keep road dust down.
Trustees will meet Nov. 9 in town hall for the second budget workshop, and again on Nov. 28, when they hope to complete the budget.
The final budget will be voted on and approved Dec. 12, three days ahead of the state deadline for approved budgets.
“In 2006, it’s going to be basically a treading-water budget,” Friesen said.
Ben Ready can be reached at 303-684-5326, or by e-mail at firstname.lastname@example.org.