Budget & Finances Q&A
2025 Budget
The 2025 Town of Parker budget book and 2025 Budget In Brief document are published at ParkerCO.gov/Budget.
Highlights include:
- Initial construction of the Salisbury Park North Expansion
- Numerous road infrastructure projects — Stroh Road widening from J Morgan to Motsenbocker, Parker Road sidewalk from Pine Drive to Robinson Ranch, Hilltop and Parker Road intersection improvements, Continued work on Lincoln Avenue widening, among others
- 8 additional positions to the Police Department, including School Resource Officers and an Emergency Manager
Public hearings for the Preliminary 2025 Budget were held during the Nov. 4, 2024 (first reading) and Nov. 18, 2024 (second reading) Town Council meetings. The budget was approved unanimously by Town Council on Nov. 18, 2024. Recordings of these meetings are available on the Town's YouTube Channel.
Budget Q&A
The Town of Parker’s annual budget is developed to ensure that all services to our citizens, businesses and visitors are maintained, while preserving the Town’s long-term financial health. The Town prepares an annual budget with the fiscal year beginning on Jan. 1 and ending on Dec. 31.
The Town Council approved the Town’s 2024 Annual Budget on Nov. 20, 2023. The approval followed an extensive public budget-building process that began at the staff level in the spring and included a budget retreat, study sessions and public hearings in the fall and winter. The $223 million budget ensures funding for continuation of services, higher operational costs and several public capital improvements.
This page provides a collection of informational resources about the budget, general Town finances, and invites residents to ask their related questions.
Please refer to the following links for additional budget information:
Grocery Tax Information
In March 2024, a local group began circulating a petition to eliminate the sales tax on food purchased for home consumption (also known as the grocery tax) via a ballot initiative. The group ended the petition process and withdrew their affidavit as a citizen’s committee in April 2024. Along with general budget information, this page provides information about the grocery tax, its impact on Town finances, and how its removal would significantly reduce the Town’s revenue for programs and services.
Have a question? Ask it here!
Do you have a question about the Town of Parker's budget or finances? Please submit it here for staff response.