2023 Revenue Carryover Calculation & Allocation
| Category | Actual Revenue / Expense | Budget | Additional Revenue & Exp. Savings |
|---|---|---|---|
| 1 Gross Sales and Use taxes | $154,289,544 | $150,000,000 | $4,289,544 |
| 2 Cost to collect Sales and Use taxes | (165,816) | (270,000) | 104,184 |
| 3 Net Sales and Use taxes | 154,123,728 | 149,730,000 | 4,393,728 |
| 4 Interest earning | 17,613,148 | 8,500,000 | 9,113,148 |
| 5 Revenue carryover | 13,506,876 | ||
| 6 Transit fare and advertising revenue | 3,941,496 | 2,545,619 | 1,395,877 |
| 7 Administrative expense savings | We will carryover unused Administrative expenses for engineering estimate costs and ballot measure costs | ||
| Category | Percentage | Amount | Less CDOT Payment | Carryover |
|---|---|---|---|---|
| 8 Capital | 55% | 7,428,782 | 0 | 7,428,782 |
| 9 Maintenance | 35% | 4,727,407 | 0 | 4,727,407 |
| 10 Transit | 10% | 1,350,688 | 0 | 1,350,688 |
| 13,506,876 | 0 | 13,506,876 |
| Capital allocation | 2012 project allocation % | Amount |
|---|---|---|
| 11 Green Mountain Falls | 0.110% | 8,172 |
| 12 Manitou Springs | 0.850% | 63,145 |
| 13 Colorado Springs | 70.860% | 5,264,035 |
| 14 El Paso County | 28.160% | 2,091,945 |
| 15 Ramah | 0.020% | 1,486 |
| 16 Capital Allocation net of COOT payment | 100.000% | 7,428,782 |
| Maintenance allocation | 2020 Census % | Amount | 2020 Census |
|---|---|---|---|
| 17 Green Mountain Falls | 0.0939% | 4,441 | 646 |
| 18 Manitou Springs | 0.7065% | 33,398 | 4,858 |
| 19 Colorado Springs | 69.6540% | 3,292,827 | 478,961 |
| 20 El Paso County | 29.4186% | 1,390,738 | 202,291 |
| 21 Ramah | 0.0161% | 763 | 111 |
| 22 Calhan | 0.1108% | 5,239 | 762 |
| 100.0000% | 4,727,406 | 687,629 |
| Transit allocation | Amount |
|---|---|
| 23 Transit allocation | 1,350,688 |
| 24 Add/(subtract): Fare and advertising revenue | 1,395,877 |
| 2,746,565 |