The City of Brighton’s Finance Department recently launched two digital applications designed to provide residents a fun and easy way to learn about the city’s budget. A Balancing Act and Taxpayer Receipt applications are useful, in-depth tools to learn how your sales tax and property tax dollars are budgeted for 2018.
“The benefits of these tools are twofold: providing financial transparency to our community and allowing stakeholders to provide anonymous feedback to City leadership for future planning,” Finance Director Jean Starr said.
A Balancing Actis an easy way to view General Fund revenues and department expenditures for the 2018 adopted annual budget. By logging in, you will see a summary, which includes interactive buttons, allowing you to hover to learn more. Additionally, citizens can submit feedback to City leadership by adjusting budgetary items, learning about the potential impacts, and communicate directly with members of city management.
Taxpayer Receipt is an informative tool that allows residents to view how their Brighton sales and property taxes are allocated across services provided by the City. Total property tax paid by Brighton residents depends upon where a property is located. This is because other taxing entities, such as, schools and metro districts also collect property taxes to provide their services. In addition, Brighton residents usually pay 3.75% sales tax on retail purchases. By entering a few fields, like age, income, and percentage of goods and services purchased within the City, an itemized receipt will populate to identify how each tax dollar is utilized across the city.
A Balancing Act and Taxpayer Receipt can both be accessed by visiting the city’s Finance Department website: http://www.brightonco.gov/983/Budget.