Keep Greeley Moving Fund A new sales tax of 0.65% was approved by voters in the last quarter of 2015 to fund street maintenance and improvements for seven years. The City is responsible for public concrete sidewalk and gutter repairs through the seven-year life of the program. It will additionally make major improvements to ten arterial and collector roads, repave eight neighborhoods, and complete three street capacity projects. 2017 projects include:
$6.3 million for pavement overlay, seal coat, patching, and striping.
$3.6 million to fund 71st Avenue Improvements.
$0.791 million to fund the construction of handicap ramps and sidewalk access points at various locations throughout the city, concrete repair and cross pan replacement program, and the neighborhood concrete program.
Keep Greeley Moving sales and use tax revenue is currently 7.1% above 2016’s year-to-date total. Keep Greeley Moving YTD 2016 Actual Sales & Use Tax Reserved Transfer from Food Tax Fund Other Revenues Total Revenue Projects Road Development Fund Projects Reserved Total Expenditures Use of Fund Balance
YTD 2017 Actual % Change
$ 6,750,154 $ $ - $ $ 3,464,441 $ $ 5,331 $ $ 10,219,926 $ $ 4,618,004 $ $ 4,557,143 $ $ - $ $ 9,175,146 $ $ (1,044,779) $
7,227,238 1,500,000 19,427 8,746,664 5,916,118 2,700,000 8,616,118 (130,546)
15
7.1% -56.7% 264.4% -14.4% 28.1% -40.8% -6.1%
2017 Encumbrances $ $ $ $ $ $ $ $
2,118,336 2,118,336
2017 Budget $ $ $ $ $ $ $ $ $ $
10,577,072 2,057,000 12,634,072 8,337,558 3,600,000 1,085,443 13,023,001 388,929
% of 2017 Budget 68.3% 72.9% 69.2% 96.4% 75.0% 0.0% 82.4%