Annual budget preparation and adoption by Pikes Peak Library District Board of Trustees shall comply with all statutory requirements of the Colorado Local Budget Law, Colorado Revised Statutes § 29-1-101 et seq.
Requirements and Standards Annual budget preparation and adoption by the Pikes Peak Library District (PPLD) Board of Trustees complies with all statutory requirements of the Colorado Local Government Budget Law, Colorado Revised Statutes § 29-1-101 et seq.
The PPLD budget is compiled using recommended Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards for budget preparation and presentation.
The budget is based on the needs of the community and recommendations from PPLD staff, management, and the Board of Trustees on how best to meet those needs.
This policy is applicable to all funds, departments, and financial functions of PPLD.
Adopted by Pikes Peak Library District Board of Trustees on April 16, 2025.