Operating Funds Summary

Fund description, revenues and expenditures

General

Used for all resources and expenditures except those required to be accounted for in another fund

Street

Created during the 2020 fiscal year for the purpose of accepting revenues from restricted sources in order to fund the construction and maintenance of the City’s streets, sidewalks, and traffic infrastructure

Open Space

Operates in tandem with the Conservation Trust Fund in order to preserve open spaces within Arapahoe County; resources may be used to acquire new open space and parklands, as well as oversee improvements to the existing parks and trails network

Capital Improvement

Funded through transfers from the General Fund and may be used for the construction, replacement and major repairs of capital assets

Conservation Trust

Operates in tandem with the Open Space Fund in order to acquire, develop and maintain new conservation sites and fund capital improvements for recreation purposes

Fiber

Supports the operation and maintenance costs associated with the City’s fiber optic backbone network which connects key sites that tie into the City’s infrastructure with the goal of providing better services for Centennial residents

Operating funds total $98.3 million in Revenues

General Fund - $76.2M (77%)

Street Fund - $15.8M (16%)

Open Space Fund - $5.6M (6%)

Conservation Trust Fund - $0.7M (1%)

Fiber Fund - $0.1M (<1%)

Operating funds total $127.8 million in Expenditures

General Fund - $60.6M (48%)

Street Fund - $52.7M (41%)

Capital Improvement Fund - $4.0M (3%)

Open Space Fund - $8.6M (7%)

Conservation Trust Fund - $2.0M (1%)

Fiber Fund - $0.5M (<1%)