, the Town is very reliant on water. Based on the Statement of Activities reported above, and based on the amount of cash currently on hand, this means that beyond the reserves the Town is legally mandated to maintain for the general fund operations, the remainder is essentially entirely for water, wastewater, and storm-drainage activities - and it can not be used except for those purposes.
If the Town were to move to home rule, it would allow them to consolidate the parks and recreation and enterprise activities so that the water funds can move to the "government activities" side of the budget. This would allow the funds to be used directly in funding the Town's General Fund. After the consolidation, the Town can decide, through the charter, to then split the two items back out, retaining a portion of the funds on hand without any issues. Since the Town owns the water district, and is also the registered agent for the Town of Erie Financial Corporation, per the Secretary of State's website, this means that all activities - including bonds, finances, water districts, town operations, and all other items currently separated within the budget - are able to be consolidated, since this would be a "local matter." Additionally, the charter could also allow the town to, as noted in the
Town's staff report, "simplify or otherwise revise procedures for budget and appropriation adoption,
amendment and transfer of funds", which would make it easier for them to move funds between accounts.Thank you for taking the time to read this article! If you like the topics and stances that I have been discussing, please be sure to support my campaign for trustee by getting involved in a few different ways (click here to see the ways to contribute)!
Topic for Next Time: IGA / Local Government and Agency Relations
Additional Resources Regarding Home Rule:
https://leg.colorado.gov/sites/default/files/images/olls/crs2019-title-29.pdf
http://leg.colorado.gov/sites/default/files/images/olls/crs2019-title-31.pdf
https://leg.colorado.gov/sites/default/files/images/olls/crs2019-title-38.pdf
https://leg.colorado.gov/sites/default/files/images/olls/crs2019-title-40.pdf
https://www.sos.state.co.us/pubs/info_center/laws/Title1/Title1Article45.html
https://leg.colorado.gov/sites/default/files/2018_local_government_handbook_with_cover_0.pdf
https://www.colorado.gov/pacific/sites/default/files/CML%20Municipal%20Candidates%20Guide.pdf
https://coag.gov/app/uploads/2019/07/no-03-01.pdf
https://www.courts.state.co.us/Courts/Court_of_Appeals/opinion/2006/2006q4/05CA0443.pdf
https://www.sos.state.co.us/pubs/elections/CampaignFinance/files/AdvisoryOpinionPitkinCountyHomeRuleCPF82011.pdf
https://www.millikenco.gov/Home%20Rule%20Forum%20Presentation.pdf
https://www.cml.org/docs/default-source/uploadedfiles/issues/home-rule/home-rule-forum-presentation.pdf?sfvrsn=c4a07177_0
https://scholar.law.colorado.edu/cgi/viewcontent.cgi?article=2154&context=articles
https://legislativematters.wordpress.com/tag/sales-tax/
http://salidacitizen.com/wp/media/History-of-Home-Rule.pdf
https://cityofsalida.com/wp-content/uploads/Introduction-into-Government.pdf
https://www.pueblowestmetro.com/AgendaCenter/ViewFile/Item/808?fileID=1301
https://www.townofeagle.org/756/Home-Rule-Governance
https://www.letstalkparker.org/4109/documents/5919
https://www.carbondalegov.org/departments/administration/home_rule_town.php
https://co.grand.co.us/972/Municipal-Governments
http://co-wheatridge2.civicplus.com/DocumentCenter/View/1364/CML-Municipal-Candidate-Guide?bidId=
https://www.broomfield.org/DocumentCenter/View/23235/Guide-to-Amending-the-Home-Rule-Charter-2017
*Just a side note to all of the items that I discuss: I am a solutions driven problem solver by nature. I wonder how things work, why they work the way they do, and how to make them better. This means seeking different, outside-the-box methods to figure out solutions to various issues. Accordingly, I am always open to learning new ideas, different ways of doing things, as well as constantly learning from others' experiences to make better decisions. When I see an issue, I view it in a holistic fashion, and then dive into specific areas to remove deficiencies and create efficiencies. If you, who are reading this, have some thoughts or ideas about any of the subjects I discuss, I would be more than happy to speak with you to hear your opinions. Please reach out to me here through my website. Listening, hearing, and understanding different perspectives is the only way that we can all grow and create positive change - by learning from others, and delivering ideas that push the needle to become Forward Thinking.