Lamar Ordinance Adopting Budget
ORDINANCE NO. ______
AN ORDINANCE PROVIDING FOR THE APPROPRIATION OF REVENUES AND EXPENDITURES AND ADOPTING THE BUDGET FOR THE CITY OF LAMAR, COLORADO, FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2026.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LAMAR, COLORADO:
SECTION 1. The various appropriations from the revenue of the City of Lamar, Colorado to defray the expenses and liabilities thereof during the fiscal year beginning January 1, 2026 shall be under the following heads:
GENERAL FUND
E‑911 FUND
SALES TAX FUND
CONSERVATION TRUST FUND
UNEMPLOYMENT FUND
VICTIM ASSISTANCE FUND
CAPITAL IMPROVEMENT FUND
LAMAR BUILDING FINANCE CORP
LIBRARY FUND
FAIRMOUNT INVESTMENT FUND
SANITATION FUND
WATER AND SEWER FUND
LAMAR AMBULANCE FUND
AIRPORT FUND
SECTION 2. The following amounts under the respective funds are hereby appropriated out of the revenue that shall accrue to said City during fiscal year beginning January 1, 2026.
General Fund $12,053,474
E‑911 Fund $ 843,573
Sales Tax Fund $ 6,115,572
Conservation Trust Fund $ 152,000
Unemployment Fund $ 10,000
Victim Assistance Fund $ 15,250
Capital Improvement Fund $ 4,731,259
Lamar Building Finance Corporation $ 274,727
Library Fund $ 36,900
Fairmount Investment Fund $ 40,500
Airport Fund $ 1,466,684
Sanitation Fund $ 2,586,775
Water/Sewer Fund $ 9,215,300
Lamar Ambulance Fund $ 1,082,290
SECTION 3. The budget as follows is hereby adopted for the fiscal year beginning January 1, 2026.
GENERAL FUND:
Revenue $12,053,474
Expenditures 12,053,474
Revenues Over (Under) Expenditures $ 0
Total Appropriation General Fund $12,053,474
E‑911 FUND:
Revenues $ 843,573
Expenditures 837,773
Revenues Over (Under) Expenditures $ 5,800
Total Appropriation E-911 Fund $ 843,573
SALES TAX FUND:
Revenues $ 6,115,572
Expenditures 6,115,572
Revenues Over (Under) Expenditures $ 0
Total Appropriation Sales Tax Fund $ 6,115,572
CONSERVATION TRUST FUND:
Revenues (including Fund Balance used) $ 152,000
Expenditures 152,000
Revenues Over (Under) Expenditures $ 0
Total Appropriation Conservation Trust $ 152,000
UNEMPLOYMENT FUND:
Revenues (including Fund Balance used) $ 10,000
Expenditures 10,000
Revenues Over (Under) Expenditure $ 0
Total Appropriation Unemployment Fund $ 10,000
VICTIM ASSISTANCE FUND:
Revenues (including Fund Balance Used) $ 15,250
Expenditures 15,250
Revenues Over (Under) Expenditure $ 0
Total Appropriation Victims Assistance Fund $ 15,250
CAPITAL IMPROVEMENT FUND:
Revenues (including Fund Balance Used) $ 4,731,259
Expenditures 4,731,259
Revenues Over (Under) Expenditures $ 0
Total Appropriation Capital Improvement Fund $ 4,731,259
LAMAR BUILDING FINANCE CORPORATION:
Operating Revenue $ 3,500
Operating Expenditures $ 274,727
Net Income/Loss $ (271,227)
Total Appropriation Lamar Bldg Finance Corp $ 274,727
LIBRARY FUND:
Revenues $ 36,900
Expenditures 35,800
Revenues Over (Under) Expenditures $ 1,100
Total Appropriation Library Fund $ 36,900
FAIRMOUNT INVESTMENT FUND:
Revenues (including Fund Balance Used) $ 40,500
Expenditures 40,500
Revenues Over (Under) Expenditures $ 0
Total Appropriation Fairmont Investment Fund $ 40,500
AIRPORT FUND:
Operating Revenue $ 700,000
Operating Expenditures 919,318
Net Operating Income $ (219,318)
Non‑Operating Revenue $ 766,684
Non‑Operating Expenditures 547,366
Net Non-Operating Income $ 219,318
Net Income /Loss $ 0
SANITATION FUND:
Operating Revenues $1,789,600
Operating Expenditures 1,541,775
Net Operating Income $ 247,825
Non‑Operating Revenue $ 797,175
Non-Operating Expenditures 1,045,000
Net Non-Operating Income $ (247,825)
Net Income/Loss $ 0
WATER/SEWER FUND:
Operating Revenue $ 4,295,300
Operating Expenditures 2,273,658
Net Operating Income $ 2,021,642
Non‑Operating Revenue $ 4,920,000
Non‑Operating Expenditures 6,910,909
Net Non-Operating Income $ (1,990,909)
Net Income /Loss $ 30,733
LAMAR AMBULANCE FUND:
Revenues (including Fund Balance Used) $ 1,082,290
Expenditures 1,082,290
Revenues Over (Under Expenditures) $ 0
SECTION 4. There is hereby pursuant to Article XI of the Charter of said City of Lamar, Colorado, appropriated from the revenue of the Utilities Board, the sum of $1,758,519.
Introduced, read in full, passed on first reading, and ordered published this 13th day of October, 2025.
City of Lamar, Colorado
Kirk Crespin, Mayor
ATTEST:
Linda Williams, City Clerk
Passed on second reading and ordered published the day of __________________, 2025.
City of Lamar, Colorado
Kirk Crespin, Mayor
ATTEST:
Linda Williams, City Clerk
Published October 17, 2025
In the Kiowa County Press
