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Management's Discussion and Analysis Financial Report <br />Town of Debeque, Colorado <br />December, 31, 2005 <br />GOVERNMENTAL ACTIVITIES <br />This year's governmental activities revenues were $666.6 thousand as compared to $664.4 <br />thousand last year. The year's governmental activities cost was $708.6 thousand as compared to <br />$576.0 thousand in the previous year. <br />The De Beyue Community Center(completed at the end of 2003)provides a modern up to date <br />kitchen with meeting space for about 200 people. The kitchen meets all health department <br />requirements. Activities held at the Community Center include community dinners, senior <br />activities, free bingo nights, and country music get-to-gethers. In addition, the Center is <br />available for citizen use for weddings, receptions, parties, and other activities. <br />The Town is developing a plan on how the entry to the town should look. The plan contains a trail <br />system to connect to the future Colorado River Trail, Proposed rest area, nature walks, and an <br />overall design to beautify the entry to the Town. <br />Table 3 details the cost of the town's major programs as well as each program's net cost (total <br />cost less revenues generated by the program). The net cost indicates the financial burden that <br />was shifted to the town's taxpayers by each of these programs. <br />Table 3 <br />Governmental Activities <br />(In thousands, current year versus previous year) <br />Total Cost Net Cost <br />of Services <br />Current Previous <br />General government <br />Public safety <br />Public works <br />Parks and recreation <br />All others <br />Totals <br />223.2 169.8 <br />220.7 200.4 <br />127.4 115.6 <br />32.2 31.9 <br />of Services <br />Current Previous <br />166.2 169.8 <br />204.9 166.2 <br />123.3 111.4 <br />27.8 30 <br />67 7.6 6.9 7.5 <br />670.5 525.3 529.1 484.9 <br />BUSINESS-TYPE ACTIVITIES <br />This year's Business-type activities revenues (see Table 2) were $435.4 thousand as compared to <br />$184.6 thousand last year. This year's expenses were $234.5 thousand as compared to $200.4 <br />thousand in the previous year. These figures are due to these reasons: <br />The Town received grants to develop a long term plan on what is needed to provide water and <br />sewer services over the next 30 years and to complete a water plant improvement. The plan will <br />set priorities on what will be needed to meet the Town's needs based on population projections <br />and other factors. <br />MS <br />