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Monday, November 20, 2017
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Town of Rye Board Adopts 2018 Budget
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The Town of Rye Board of Trustees adopted a budget for 2018 at its regularly scheduled meeting at 7:00 PM, Wednesday, October 11, 2017, at town offices. The budget forecasts general fund revenue and expenses of $20,914, sanitation revenue and expenses of $66,553, and water revenue and expenses of $121,370. Additionally, the town should receive just under $6,000 from the highway users fund and about $1,600 from the conservation trust fund. Compared to 2017, the budget represents a minor increase in general fund and sewer revenue and a significant decrease in water revenue ($155,265 in 2017 compared to $121,370 in 2018).

Debra Decker, Rye Town Clerk informed the board that she had spoken with three auditing firms in anticipation of audit requirements in 2018. “Historically, the size of our budget, less that than $750,000, allows an audit exception for which firms charge $1,000, “ said Decker.

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The Greenhorn Valley View is a weekly newspaper serving the communities of the Greenhorn Valley in Southern Colorado,
including Colorado City, Rye, San Isabel, Beulah and Hatchet Ranch.

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