Budget

Print
Press Enter to show all options, press Tab go to next option

Annual Operating Budget and Five-Year Capital Improvement Project Budget

The Town’s budget process begins in January of each year and ends with the adoption of the budget by June 30 of that year.  The Town’s budget process is a public process and citizens are encouraged to participate. The 2019/2020 Budget Schedule details the opportunities the public has to participate in the process.

The  FY2019/2020  Operating and 5-Year Capital Improvement Budget was adopted at the regularly held Council Meeting on Tuesday, June 11th, 2019.

 A convenient way to get up to date on the budget is the Budget Fact Sheet. It is a one page document that details the highlights of the budget. Here is the Budget Fact Sheet for FY19/20.

FY2019/20 Annual Operating Budget & 5-Year Capital Improvement Project Budget:

i. Table of Contents

  1. Overview - Town Manager's Letter

To download the entire budget at once click the link that follows: FY19/20 Annual Operating Budget & 5-Year Capital Improvment Project Budget (10.5MB)

Prior Fiscal Year Budgets:

FY18/19 Annual Operating Budget & 5-Year Capital Improvement Project Budget (11.6MB)

FY17/18 Annual Operating Budget & 5-Year Capital Improvement Project Budget (3.7MB)

FY16/17 Annual Operating Budget & 5-Year Capital Improvement Project Budget (9.0MB)

FY15/16 Annual Operating Budget & 5-Year Capital Improvement Project Budget (11.8MB)

FY14/15 Annual Operating Budget & 5-Year Capital Improvement Project Budget (6.9MB)

FY13/14 Annual Operating Budget & 5-Year Capital Improvement Project Budget (4.8MB)

FY12/13 Annual Operating Budget & 5-Year Capital Improvement Project Budget  (7.1MB)

FY11/12 Annual Operating Budget & 5-Year Capital Improvement Project Budget (5.6MB)

FY10/11 Annual Operating Budget & 5-Year Capital Improvement Project Budget (7.5MB)

FY09/10 Annual Operating Budget & 5-Year Capital Improvement Project Budget (6.5MB)

FY08/09 Annual Operating Budget & 5-Year Capital Improvement Project Budget (6.7MB)

Understanding the Town’s Budget

Through a collaborative effort between the Administrative Services Department and other Town Departments, the budget is based on the priorities set by the Town Council and estimates revenues and expenditures based on current economic conditions.

The Town’s Budget has 3 main components: the Operating Budget, the Capital Improvement Project Budget, and the Redevelopment Successor Agency Budget.

The Operating Budget estimates revenues and expenditures of Town operations. The General Fund is the major operating fund of the Town. The General Fund’s three main sources of revenue are property tax, sales tax, and transient occupancy tax. For Fiscal Year 2019-2020, these three sources of revenue account for over half of the Town’s total General Fund revenues of $21.3 million.

Total  budgeted General Fund operating expenditures for Fiscal Year 2019-2020 are $22.5 million. These expenditures are the estimated cost of providing services to the Town, including public safety, road maintenance, snow removal, and planning services.

The Capital Improvement Project Budget (CIP) is a five year budget that is updated each year for the next five years. The total five year FY18/19-FY22/23 CIP Budget, excluding unfunded amounts, is $98.8 million. Capital improvement projects are projects that may last longer than one year, have an investment of more than $10,000, and involve infrastructure or other capital assets. For example, projects include roundabouts, intersection improvements, bridge seal replacements, and bike lane projects.

For a copy of the budget or for more information, please contact:

Town of Truckee Administrative Services Department
Attn: Nicole Casey, Senior Accountant
ncasey@townoftruckee.com
10183 Truckee Airport Road
Truckee, CA 96161
(530) 582-2907

 

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Download Acrobat Reader Flash Player Download Flash Player Windows Media Player Download Windows Media Player Microsoft Silverlight Download Microsoft Silverlight Word Viewer Download Word Viewer Excel Viewer Download Excel Viewer PowerPoint Viewer Download PowerPoint Viewer