Budget

The Town’s budget process begins in the spring of each year and ends with the adoption of the budget by June 30 of that year. The Town Council will review the following FY10/11 draft budget at the May 10-11, 2010 Budget Workshops.  The Fiscal Year 2010-2011 Annual Operating Budget and 5 Year Capital Improvement Project Budget were adopted by Council on June 17, 2010.

The Town’s budget process is a public process and citizens are encouraged to participate.

FY10/11 Annual Operating Budget 

I. Table of Contents (322KB)

1. Overview (215KB)
2. Summary (471KB)
3. Revenues – All Funds (472KB)
4. General Government Expenditures (532KB)
5. Public Works Expenditures (575KB)
6. Facilities Management Expenditures (426KB)
7. Community Development Expenditures (438KB)
8. Public Safety Expenditures (522KB)
9. Transit Expenditures (400KB)
10. Redevelopment Agency Expenditures (484KB)
11. Solid Waste Expenditures (367KB)
12. 5-Year Capital Improvement Project Budget (3.8MB)

To Download the entire budget at once click the link that follows(file is large): Annual Operating Budget & 5-Year Capital Improvement Project Budget (7.5MB)

FY09/10 Annual Operating Budget 

I. Table of Contents (334KB)

1. Overview (291KB)
2. Summary (535KB)
3. Revenues – All Funds (539KB)
4. General Government Expenditures (610KB)
5. Public Works Expenditures (683KB)
6. Facilities Management Expenditures (432KB)
7. Community Development Expenditures (475KB)
8. Public Safety Expenditures (583KB)
9. Transit Expenditures (379KB)
10. Redevelopment Agency Expenditures (525KB)
11. Solid Waste Expenditures (379KB)
12. 5-Year Capital Improvement Project Budget (5.1MB)

To Download the entire budget at once click the link that follows(file is large): Annual Operating Budget & 5-Year Capital Improvement Project Budget (6.5MB)

FY08/09 Annual Operating Budget

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 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 2010-2011, these three sources of revenue account for over half of the Town’s total estimated General Fund revenues of $19.3 million.

Total budgeted General Fund operating expenditures for Fiscal Year 2010-2011 are $17.2 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 5 year budget that is updated each year for the next 5 years. The total 5 year 2011-2015 CIP Budget, excluding unfunded amounts, is $84.8 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.

The Redevelopment Agency Budget is included as part of the Town’s Operating Budget, but is also adopted in a separate action by the Redevelopment Agency Board of Directors.

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

Town of Truckee Administrative Services Department
Attn: Chrissy Earnhardt, Senior Accountant
10183 Truckee Airport Road
Truckee, CA 96161
(530) 582-2470