Budget & Financial Reports

26 Budget Document2026 Budget Approved

On Wednesday, November 12, 2025, after a Public Hearing, the Board of Trustees approved the 2026 Operating and Capital Improvement Budget by approving Resolution 25-115.  In a separate action, the Board of Trustees appropriated the money for each fund by approving Resolution 25-121. Staff presented the 2026 Preliminary Budget to the Board of Trustees at a Work Session on September 17, 2025, and at Regular Meetings on September 24, October 8, and October 22, 2025. 

Download the 2026 Operating and Capital Improvement Budget here. 

Contact Us

  1. Jessica Clanton

    Director of Finance
    Email Jessica Clanton
    Phone: 303-531-6279

  2. Christine Morrison

    Accounting Manager
    Email Christine Morrison
    Phone: 303-531-6267

Budget

The Town of Firestone budget is a financial plan for the annual public operations of the Town. The annual budget is a balanced budget, which means that planned expenditures do not exceed the total of revenues plus other available funds, such as fund balances. This budget document is prepared in a format that aims to minimize the level of difficulty for readers unfamiliar with public budgeting systems, while still providing comprehensive information that is useful in communicating the overall financial direction and policy of the Town. Each section of the budget document and its contents are described below: 

  • Introduction – Provides a profile and brief history of the Town, including information regarding the local population, climate, and economy. In addition, this section describes the operating structure of the local government, identifies key municipal facilities, and provides a list of current Town Officials, as well as a Town-wide organizational chart. 
  • Budget Summary – Describes the budget process, fund structure, and basis of accounting used in the budget document. It also provides information regarding the organization's goals and challenges, an assessment of major revenues and expenditures, and various Town-wide budgetary statements. 
  • Fund Summaries – The Town operates a number of individual funds, each with its own appropriated budget. This section provides a budgetary statement for each of the Town’s funds and, when applicable, provides summary statements of the restricted funding elements within those funds. 
  • Department Summaries – The Town is organized by department, and as such, each department has an authorized expenditure budget that it must adhere to. A department funding matrix, as well as details regarding each department, including departmental statements, descriptive narratives, goals, activity measures, and Full Time Equivalency (FTE) levels, are presented in this section. 
  • Capital Improvements – This section provides a detailed account of each capital improvement project, including a program summary, descriptions, estimated costs, and information on the projects' impacts on future operations and maintenance. 
  • Appendix – This section contains miscellaneous information that may be of interest to readers and includes financial policies, personnel summaries, the Town’s adopted pay plan, and a glossary of terms. The resolution adopting/appropriating the budget, as well as certifying the mill levy, is included at the end of this section.

Download Budgets

Financial Reports

State of Colorado law requires that all general-purpose local governments publish, within six months of the close of each fiscal year, a complete set of financial statements presented in conformity with generally accepted accounting principles in the United States and audited in accordance with generally accepted auditing standards by a firm of licensed certified public accountants. The result is an annual financial report.