Your City of Loveland Budget at Work for You

This video has been updated and is available at: • Your City of Loveland ...
Chief Financial Officer Brian Waldes gives an overview of impacts to the City of Loveland's 2024 budget.
00:00 Intro
01:29 City Funds Explained
07:33 General Fund Revenue
09:08 Local Sales Tax Comparison
10:33 Property Tax
12:35 Taxes Paid - Comparison by City
14:46 How is Your Tax Dollar Used?
16:50 TABOR - What is It?
21:56 Why is TABOR Funding Important?
23:07 Community Engagement
26:33 For More Information
www.LetsTalkLoveland.org/Budget

[@WhoIsThis505]

I greatly appreciate this video and the acknowledgment of the lack of prior transparency, even though the information is all public, this way is easily digestible. I'd really like to see a video breaking down the General Fund. Specifically, a breakdown of each of the services and where the funds go within each of them, basically how they spend the money. When the general fund shortfall was made public, I did take a precursory look at the budget and it seems quite easy to cut the required spending of ~$13m to balance the budget. Not so much wasteful spending, but spending/subsidizing that the city shouldn't be doing in the first place. Granted that's a personal opinion, but I think collectively, it should be pretty easy to determine the services that should be cut or reduced to cover the shortfall.

[@kevingoble7705]

Very well put. I’m currently a seasonal employee with parks and rec.

[@MaryJoDrew]

What areas do you suggest for cuts or elimination, and why?