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District Budgets

2025 Budgets 

A budget for each special district is required to be submitted to the Division of Local Government on an annual basis. The budget must contain revenues, expenditures, and fund balances. Each budget must also contain a message of significant budget issues for the year, the basis of accounting, and any leases that the district is involved in. A draft budget must be presented to the board of directors by October 15th. A hearing is set for public comment thereafter. The budget document must then be adopted by December 31st (Dec 15th if levying property taxes) and submitted to the Division of Local Government by January 31st of the budget year. Special district budgets are available for review at the office of the special district, or at the Division of Local Government's Denver office.

For comprehensive documentation, please visit DOLA's website and enter the District's Name in the "Local Government Name" box: https://dola.colorado.gov/dlg_lgis_ui_pu/

 

District No. 1

General Fund: $2,944,081.00

Mill Levy: 64.787

Capital Projects Fund: $34,206,030.00

Financial statement for St. Vrain Lakes Metro District No. 1, showing revenues and expenditures for 2023-2025 budgets.
A financial table showing revenues, expenditures, fund balances, assessments, and property tax revenue details.
St. Vrain Lakes Metropolitan District financial table showing revenues, expenditures, and budgets from 2023-2025.

 

District No. 2

General Fund: $697,246.00

Mill Levy: 81.921

Debt Service Fund: $2,493,766.00

 

District No. 3

General Fund: $22,351.00

Mill Levy: 65.671

 

District No. 4

General Fund: $4,353.00

Mill Levy: 66.544

 

2024 Budget Amendments 

A Budget Amendment (BA) is the mechanism used to revise the working budget to reflect changes that occur throughout the fiscal year. Once the working budget is completed, it can only be changed by Budget Amendment. Budget amendments are occasionally necessary, and should be filed with the Division of Local Government (DLG) when adopted by a local government.

 

ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 2
RESOLUTION TO AMEND 2024 BUDGET
WHEREAS, the Board of Directors of St. Vrain Lakes Metropolitan District No. 2 (the “District”) certifies that at a Special Meeting of the Board of Directors of the District held September 24, 2024, a public hearing was held regarding the 2024 amended budget, and, subsequent thereto, the following Resolution was adopted by an affirmative vote of a majority of the Board of Directors:
WHEREAS, the Board of Directors of the District adopted a budget and appropriated funds for fiscal year 2024 as follows:
Debt Service Fund $1,753,291
and;
WHEREAS, the necessity has arisen for additional expenditures by the District due to additional costs that could not have been reasonably anticipated at the time of adoption of the budget, requiring the expenditure of funds in excess of those appropriated for fiscal year 2024; and
WHEREAS, funds are available for such expenditure.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the District does hereby amend the adopted budget for fiscal year 2024 as follows:
Debt Service Fund $62,186,602
BE IT FURTHER RESOLVED, that such sums are hereby appropriated from the revenues of the District to the funds named above for the purpose stated, and that any ending fund balances shall be reserved for purposes of complying with Article X, Section 20 of the Colorado Constitution.


ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 2
RESOLUTION TO AMEND 2024 BUDGET
WHEREAS, the Board of Directors of St. Vrain Lakes Metropolitan District No. 2 (the “District”) certifies that at a Regular Meeting of the Board of Directors of the District held November 12, 2024, a public hearing was held regarding the 2024 amended budget, and, subsequent thereto, the following Resolution was adopted by an affirmative vote of a majority of the Board of Directors:
WHEREAS, the Board of Directors of the District adopted a budget and appropriated funds for fiscal year 2024 as follows:
General Fund $614,059.00
and;
WHEREAS, the necessity has arisen for additional expenditures by the District due to additional costs that could not have been reasonably anticipated at the time of adoption of the budget, requiring the expenditure of funds in excess of those appropriated for fiscal year 2024; and
WHEREAS, funds are available for such expenditure.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the District does hereby amend the adopted budget for fiscal year 2024 as follows:
General Fund $621,878.00
BE IT FURTHER RESOLVED, that such sums are hereby appropriated from the revenues of the District to the funds named above for the purpose stated, and that any ending fund balances shall be reserved for purposes of complying with Article X, Section 20 of the Colorado Constitution.

 

ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 1
RESOLUTION TO AMEND 2024 BUDGET
WHEREAS, the Board of Directors of St. Vrain Lakes Metropolitan District No. 1 (the “District”) certifies that at a Special Meeting of the Board of Directors of the District held September 4, 2024, a public hearing was held regarding the 2024 amended budget, and, subsequent thereto, the following Resolution was adopted by an affirmative vote of a majority of the Board of Directors:
WHEREAS, the Board of Directors of the District adopted a budget and appropriated funds for fiscal year 2024 as follows:
Capital Fund $30,060,000
and;
WHEREAS, the necessity has arisen for additional expenditures by the District due to additional costs that could not have been reasonably anticipated at the time of adoption of the budget, requiring the expenditure of funds in excess of those appropriated for fiscal year 2024; and
WHEREAS, funds are available for such expenditure.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the District does hereby amend the adopted budget for fiscal year 2024 as follows:
Capital Fund $71,574,081
BE IT FURTHER RESOLVED, that such sums are hereby appropriated from the revenues of the District to the funds named above for the purpose stated, and that any ending fund balances shall be reserved for purposes of complying with Article X, Section 20 of the Colorado Constitution.


ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 4
RESOLUTION TO AMEND 2024 BUDGET
WHEREAS, the Board of Directors of St. Vrain Lakes Metropolitan District No. 4 (the “District”) certifies that at a Special Meeting of the Board of Directors of the District held September 4, 2024, a public hearing was held regarding the 2024 amended budget, and, subsequent thereto, the following Resolution was adopted by an affirmative vote of a majority of the Board of Directors:
WHEREAS, the Board of Directors of the District adopted a budget and appropriated funds for fiscal year 2024 as follows:
Debt Service Fund $13,234
and;
WHEREAS, the necessity has arisen for additional expenditures by the District due to additional costs that could not have been reasonably anticipated at the time of adoption of the budget, requiring the expenditure of funds in excess of those appropriated for fiscal year 2024; and
WHEREAS, funds are available for such expenditure.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the District does hereby amend the adopted budget for fiscal year 2024 as follows:
Debt Service Fund $42,586,138
BE IT FURTHER RESOLVED, that such sums are hereby appropriated from the revenues of the District to the funds named above for the purpose stated, and that any ending fund balances shall be reserved for purposes of complying with Article X, Section 20 of the Colorado Constitution.


ST. VRAIN LAKES METROPOLITAN DISTRICT NO. 1
RESOLUTION TO AMEND 2024 BUDGET
WHEREAS, the Board of Directors of St. Vrain Lakes Metropolitan District No. 1 (the “District”) certifies that at a Regular Meeting of the Board of Directors of the District held November 12, 2024, a public hearing was held regarding the 2024 amended budget, and, subsequent thereto, the following Resolution was adopted by an affirmative vote of a majority of the Board of Directors:
WHEREAS, the Board of Directors of the District adopted a budget and appropriated funds for fiscal year 2024 as follows:
General Fund $2,585,418.00
and;
WHEREAS, the necessity has arisen for additional expenditures by the District due to additional costs that could not have been reasonably anticipated at the time of adoption of the budget, requiring the expenditure of funds in excess of those appropriated for fiscal year 2024; and
WHEREAS, funds are available for such expenditure.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the District does hereby amend the adopted budget for fiscal year 2024 as follows:
General Fund $2,616,416.00
BE IT FURTHER RESOLVED, that such sums are hereby appropriated from the revenues of the District to the funds named above for the purpose stated, and that any ending fund balances shall be reserved