On Wednesday, December 11, The Rio Blanco County Board of Commissioners adopted the 2020 budget prioritizing repair and maintenance on existing county infrastructure.
Janae Stanworth, Budget & Finance Director, spent about forty-five minutes covering the 17 funds and 60 departments that the budget accounts for.
The assessed valuation increased 5.6% from 2019 with 77% of that assessed value coming from oil/gas and industrial industries.
The total county revenue for 2020 is just over $26 million which is an increase of 2% from 2019 budget.
The total county expenditures are $36.7 million which is an increase of $1M from the 2019 budget and includes a $2M Road & Bridge overlay project. Personnel costs, capital projects and contingency all decreased in 2020.
To view the adopted budget in its entirety, visit http://rbc.us/ArchiveCenter/ViewFile/Item/928 or find it at www.rbc.us under the Budget & Finance Department tab.