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File #: 25-250    Version: 1
Type: Presentation Status: Agenda Ready
File created: 4/28/2025 In control: Board of County Commissioners Study Session
On agenda: 5/20/2025 Final action:
Title: 9:30 AM *South Metro Fire Rescue Funding Challenges
Attachments: 1. Board Summary Report, 2. Presentation
Date Ver.Action ByActionResultAction DetailsMeeting DetailsAudio/Video
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To:                                                               Board of County Commissioners

 

Through:                                          N/A

 

Prepared By:

prepared

Mike Dell’Orfano, Chief Government Affairs Officer, South Metro Fire Rescue

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presenter

Presenter:                                          Jim Albee, Board Chair, South Metro Fire Rescue

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Subject:

title

9:30 AM *South Metro Fire Rescue Funding Challenges

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Purpose and Request:

recommended action

South Metro Fire Rescue is reaching out to stakeholders and community leaders to provide an overview of our financial challenges due to rising costs and declining revenues.  A short presentation will be provided, and BOCC feedback is welcome.

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Background and Discussion: Recent property tax legislation, including HB24-1001, resulted in the dramatic reduction of revenues to special districts like South Metro Fire Rescue.  At the same time, the cost of equipment, supplies, facilities, apparatus, and other aspects of operating the fire district have dramatically increased.  Together, those scenarios have resulted in the immediate need for a solution to the revenue/expenditure gap.  Potential strategies include service reductions, an increase in property taxes, and the implementation of a sales tax.  The board of directors has not decided on a specific solution and is seeking feedback from the community.

 

Fiscal Impact: Revenues are estimated to decline by about $16M in 2026 and then about $270M over the next 10 years.  The revenue shortfall coupled with rising costs and future needs results in a shortfall of about $50M annually.

 

Alternatives: This is an informational meeting.

 

Alignment with Strategic Plan:

                     Be fiscally sustainable

                     Provide essential and mandated service

                     Be community focused

 

Staff Recommendation: N/A