October 13, 2017
FOR IMMEDIATE RELEASE
City of Montrose
433 South First Street, Montrose, CO 81401
Contact: Shani Wittenberg, Finance Director
970-240-1462 | email@example.com | www.cityofmontrose.org
Public Invited to Attend Open House for 2018 Budget
Montrose, CO – The public will have an opportunity to receive information and provide feedback regarding the city’s 2018 budget at an open house on Wednesday, October 18, in the City Council Chambers (107 S. Cascade Avenue). The event will begin with an overview of the budget at 6 p.m., followed by informal, one-on-one discussions with city officials who will listen to comments and provide additional information.
The city budgets on an annual basis for a fiscal year that begins January 1. The City Charter (Article V, Finance, Appropriations and Taxation) outlines the basic procedure that is used to create, approve, and implement the budget. The city manager is required to prepare a recommended budget for the upcoming fiscal year and provide it to the City Council on or before October 15.
The budget development process begins in early summer with each department preparing a preliminary budget estimate based on an analysis of its operational needs for the coming year. Departmental budget estimates are carefully reviewed and adjusted by the city manager and are then combined into a draft budget for the entire city organization. The draft budget is then provided to the City Council for review. Two public hearings are held in November to approve the budget and an appropriating ordinance.
Residents who are unable to attend the open house are encouraged to view the proposed budget at CityofMontrose.org/Budget
. The site includes an electronic version of the budget, a link to submit comments, documents related to past and current budgets, and more information about how the public can actively participate in the process.
Copies of the proposed budget are also available at City Hall (433 South First Street) from 7 a.m. to 6 p.m., Monday through Thursday. All interested citizens are encouraged to submit written and verbal comments.
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