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‘Both a recovery year and a forward-looking year’: Frisco’s 2027 budget includes $3 million of capital projects, plan to rebuild general fund

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Source: Summit Daily News

At a meeting on Oct. 27, the Frisco Town Council approved a 2027 budget that, in large part, focuses on rebuilding the town’s general fund, which decreased by $103,000 during 2026. “The overarching story is that 2027 is both a recovery year and a forward-looking year for Frisco,” said Leslie Edwards, Frisco’s finance director. “The 2025-2026 winter was unusually difficult financially, with record-low snowfall affecting visitation and sales tax collections and historically low Dillon Reservoir levels affecting Marina revenue.” In an average year, the town’s general fund revenue would slightly outpace its expenditures, but in 2026, the town brought in $21,991,000 and spent $22,094,000. In 2027, the town is projected to take in $24,246,000 and spend just $22,727,000, representing more than a million dollar increase in Frisco’s general fund over the course of the year. “In a more typical year, we would generally try to align ongoing revenues and expenditures more closely,” Edwards said.

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