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Items of major importance provided for in the budget are as <br />follows: <br />1. Water Rights Acquisition <br />2. South Boulder Road Improvements <br />3. Park Improvements <br />4. Street Overlay Program <br />5. Concrete Replacement Program <br />6. New Sidewalks <br />7. Library Books Acquisition <br />8. Trees <br />9. Seal Coat Program <br />Thirty Eight (38%) percent of the 1983 anticipated revenues <br />come from the following sources: <br />1. Growth <br />2. Grants <br />The complete breakdown is as follows: <br />GROWTH <br />1. Water Taps <br />2. Sewer Taps <br />3. Building Permits <br />4. Parks & Recreation Fee <br />5. Service Expansion Fee <br />6. Contractor's License <br />7. Street Fee <br />8. Tree Fee <br />$1,176,400 <br />393,649 <br />124,000 <br />88,000 <br />110,000 <br />14,000 <br />215,000 <br />37,500 <br />$2,158,549 <br />GRANTS <br />1. Federal Revenue Sharing $ 60,729 <br />$ 60,729 <br />GRAND TOTAL OUTSIDE SOURCES OF REV. $2,219,278 <br />After deducting the above named revenues, we are left with a <br />balance of $3,550,149 in other revenue. <br />The building industry slow down coupled with the unforeseen <br />demise of the Centennial Valley Mall resulted in a non- <br />productive Capital Improvement program for 1982, however the <br />economic picture of 1983 looks a little brighter. Further <br />residential development and the continued development proposed <br />in the Colorado Tech Center and Storage Technology will improve <br />our tax base substantially. <br />The increased cost of supplies, salaries and inflation places <br />us in the position of relying on outside sources of revenue to <br />fund a portion of the operational and maintenance aspects of <br />the City operations. <br />