This information enables management and the City Council to make sound financial management decisions.
It also helps to ensure the long-term financial health of the city.
433 S. First St.
P.O. Box 790
Montrose, CO 81402
Hours Monday - Thursday
7 a.m. - 6 p.m.
Transparency and Interactive Financial Reports
The City of Montrose has created an interactive online tool to make financial information easier for the public to access and increase efficiency for staff presenting budget and financial information to city officials and residents. This tool, powered by OpenGov, improves the overall financial transparency of the city by providing financial data that can be sorted based on user interests. When accessing the website, users will find graphs and charts that are easy to understand.
The City of Montrose budgets on an annual basis for a fiscal year that begins January 1. The City Charter (Article V, Finance, Appropriations and Taxation) outlines the basic budget procedure that is used to create, approve, and implement the city’s annual budget.
Budget Development Process
The city manager is required to prepare a recommended annual budget for the upcoming fiscal year and provide it to the City Council on or before October 15.
The budget development process begins in early summer with each department preparing a preliminary budget estimate based on an analysis of its operational needs for the coming year. Departmental budget estimates are carefully reviewed and adjusted by the city manager and are then combined into a draft budget for the entire city organization. The draft budget is then provided to the City Council for review. Two public hearings are held in November to approve the budget and an appropriating ordinance.
A Citizens Budget Advisory Committee was organized in 2013 as a new avenue for community involvement in the City’s budget development process. The city manager and finance director meet with the advisory committee to share information and discuss their input and ideas.
Advisory committee members and the public are also invited to attend budget planning sessions. Input received at these meetings helps shape the final proposed budget that is presented to the City Council on October 15.
The public is also invited to submit specific questions online. The following the budget materials from the current and prior years are available for download.