The financial reports and statements of the Town of Erie contained on the Town's webpages are historical information that present the Town's financial position as of their respective dates. Such documents are provided to the public for general informational purposes only as of the dates indicated and are offered for historical purposes only.
The Town assumes no obligation to update these financial reports and statements and cautions the viewer that events material to the Town's financial position may have occurred since the date of such information. Each financial report and statement is subject to change at the sole discretion of the Town and without notice.
By proceeding to the information on this page, each viewer shall be deemed to acknowledge that the viewer agrees to and understands the above.
Comprehensive Annual Financial Reports
Comprehensive Annual Financial Reports (CAFRs) are produced to provide the Board of Trustees, citizens, bondholders, and the general public with useful information about the Town's operations and financial position. The Town prepares financial reports to promote accountability.
This annual report provides one way of assessing whether elected officials and Town staff are faithfully carrying out their role of good stewards of Town resources. These reports are prepared by the Town's Finance Department in accordance with standards prescribed by the Governmental Accounting Standards (GASB), the Government Finance Officer Association of the United States and Canada (GFOA), and other rule-making bodies. The Town is responsible for the accuracy, completeness and fairness of the data presented.
Monthly Financial Reports
The monthly financial report provides information on revenues and expenditures compared to the current year budget and prior year actual for all funds.
Sales Tax Reports
Sales tax revenues represent approximately 25% of the Town's General Fund revenues. For tracking purposes, the Town has determined various economic zones where local businesses are concentrated; for example, Arapahoe Ridge Marketplace. View a map identifying these economic zones.
The Sales Tax Reports reports provide quarterly and year-to-date information on these economic zones. Sales tax receipts outside these economic zones are combined on one line in the reports. The majority of sales tax revenues outside the economic zones arise from utility companies (gas, electric, cell phone, cable / satellite TV, etc.).
Also reflected on these reports are sales tax receipts arising from purchases of vehicles by Erie residents and businesses. View the current Sales Tax Reports.