The General Fund Provides Funding for:

• Street maintenance, including street overlays and snow removal.
• Parks and open space maintenance.
• Operation of the stormwater facilities.

Sources of General Funds Include:

• 1% sales tax share-back from the Town of Monument for the retail businesses along Baptist Road and Jackson Creek Parkway.
• Property tax mill levy of 2.5 mills for operations and maintenance.
• One-time fees paid by home builders at the time of building permit. These include parks and open space fees, road and bridge fees, and drainage fees.

Debt Service Fund:

• Pays debt service on bonds that were issued for the initial construction of all the district’s infrastructure beginning in the mid-1980s.
• The total mill levy will stay at 20.5, unless the district grows enough to allow a reduction. It includes 13.5 mills for historical debt (principal & interest), 4.5 mills for Higby Road bonds and 2.5 mills for operations and maintenance.

Utility Enterprise Provides Funding for:

• Water and wastewater services to the district’s currently existing 2,328 single-family homes, 789 multi-family residential units and 80 commercial customers.
• The district has transitioned from nonrenewable Denver Basin Groundwater to renewable surface water with the Northern Delivery System, which opened in August 2024. Groundwater will only be used as a secondary source during peak summer demand and drought periods.

Sources of Funds for Utility Enterprise Include:

• Monthly fees paid by district residents helps fund utility operations, the acquisition of renewable water and the associated infrastructure needed to deliver the renewable water to homes.
• Fees paid by developers to connect homes under construction to the district’s water and wastewater facilities.
• 0.5% sales tax share-back from the Town of Monument for renewable water.