Larimer and Weld counties, Colorado

Town reports $65.8 million in cash

From the Severance Town Council meeting of

The August statements report combined town cash of $65,789,420 on August 31, 2026. The cash-allocation reconciliation lists total allocations of $65,762,572, including $24,806,905 for the General Fund, $19,723,819 for Water and $17,734,760 for Wastewater. The General Fund balance sheet shows a fund balance of $24,563,006 and total fund equity of $24,743,317. For the eight months ending August 31, General Fund tax revenue was $4,205,120 against a budget of $4,503,600; sales tax was $1,507,334 against $2,152,500. Miscellaneous revenue totaled (772,655) against a $921,800 budget, and the change in market value was (1,497,823).

More from this meeting

  1. Severance Town Council, Sept. 22, 2026

    Severance draft capital plan proposes park restrooms, pool and hockey rink; Severance appoints Marshall Keith Martin interim town attorney; Severance approves four-district plan for Bower North.

  2. Item A1Severance draft capital plan proposes park restrooms, pool and hockey rink

    Severance’s draft 2027 capital plan would increase funding for Blue Spruce Park restrooms and add an outdoor pool and roller hockey rink to the project list.

  3. Item C1Severance appoints Marshall Keith Martin interim town attorney

    The Severance Town Council adopted a resolution Sept. 22, 2026, appointing Marshall Keith Martin as interim town attorney.

  4. Item C3Severance approves four-district plan for Bower North

    The districts cannot issue debt until they reimburse the town for attorney and consultant review costs. They also cannot issue debt, impose debt-repayment levies or fees, or levy special assessments on or before development or land-use approvals take effect.