City of Arvada Financial Transparency

The General Fund is the general operating fund for the City and provides a broad spectrum of services including the City Manager's Office, Finance, General Administration, Human Resources, Information Technology, Judicial, Legal, Public Safety, and Public Works. Revenues are predominantly provided by taxes with sales tax being the single largest revenue source.

For the budget year 2010, the General Fund is budgeted at $61,412,201. This represents a decrease of $2,923,283 or 4.76% from the Revised 2009 Budget. This budget is adequate to finance the General Fund budget as well as a portion of the Arvada Center for the Arts and Humanities, Parks, Debt Service, Insurance, Equipment Replacement and Maintenance, Capital Improvements, and Golf Courses.

General Fund Total Revenue for 2011

Major revenue sources for the General Fund 2011 budget are as follows:

Taxes	49,072,156
Revenue Transfer	40,191
Intergovernmental	4,741,000
Licenses, Permits & Fees	1,888,625
Fines	1,648,000
Charges for Services	5,997,039
Miscellaneous	920,395
Total Revenue	$64,307,406

General Fund Total Expenses for 2011

Major expenditure sources for the General Fund 2011 budget are as follows:

City Manager's Office	4,321,853
Community Development	2,124,675
Finance	2,784,136
Human Resources	1,130,919
Information Technology	3,001,782
Judicial	905,820
Legal	1,392,636
Public Safety	19,141,774
Public Works	17,366,304
Total Expenditures:	$59,335,912

The difference between revenues and expenditures $2,825,819 will be made up with savings from prior years, or in accounting terms, unreserved fund balance.