Conservation Trust Fund
Conservation Trust Fund accounts for Colorado Lottery proceeds required to be expended solely on park and recreation improvements. The Conservation Trust Fund (CTF) was created to manage funds received from the conservation trust fund of the State of Colorado.
CTF funds can only be spent for the acquisition, development and maintenance of new conservation sites and recreational facilities as defined in the Colorado Revised Statutes.
FY 2022 Budget Changes
Conservation Trust Fund - Revenues vs. Expenses
Fund Balance reserves in this fund are considered restricted and can only be spent on projects appropriate for Conservation Trust Fund dollars according to state statute. There is no minimum required level to maintain.
Funds have been accumulating for a number of years and the City of Salida plans to spend funds in 2022 on park maintenance and improvements.