County budgets first spending increase in years

By Randy Wyrick

EAGLE — Eagle County’s tax revenue is projected to increase for the first time since the recession hit, according to the county’s 2015 budget. The county’s general fund spending will increase $1.5 million next year, about the same amount as the revenue increase. “We’re looking at a new reality where we’re coming back, but slowly,” said John Lewis, Eagle County’s finance director. The county managed to save some money during the recession, making spending match its falling revenues. Since 2009, the county’s tax revenue fell close to $40 million. Spending was slashed $42 million over that same period. “Every year …

Source:: Vail Daily Feed