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The fiscal year for Dacono begins on the first day of January and ends on the last day of December of each year. In the fall of the prior year, the staff submits to the City Council a proposed operating budget for the next fiscal year commencing the following January 1. The annual budget process includes public hearings to obtain citizen comments. The budget is legally enacted through passage of a resolution. A certified copy of the budget must be filed with the State of Colorado Division of Local Government by January 30.
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The City sales tax rate is 3% and the State charges 2.9%, for a total sales tax rate of 5.9%. Weld County does not have a sales tax.
A Comprehensive Annual Financial Report, the official annual report of a government, is prepared at the close of each fiscal year and contains all basic financial statements for that year. Comprehensive Annual Financial Reports are available at City Hall.