Financial Reporting
South Metro Fire Rescue (SMFR) is a special district with roots dating back to 1953. The primary revenue source for the District is property taxes collected by Arapahoe, Douglas, and Jefferson Counties. SMFR has a mill levy of 12.25 on the assessed value of property within the District boundaries.
The District prepares and publishes financial documents in accordance with Colorado statutory requirements and applicable federal regulations. These processes govern annual budget adoption and financial reporting and are designed to ensure transparency, accountability, and fiscal discipline.
In addition, the District follows statutory and policy requirements for procurement, including competitive bidding and purchasing processes, to ensure the responsible and cost-effective use of public funds.
The District maintains the following funds to ensure proper financial management and accountability:
- General Fund – Supports day-to-day operations, including fire and emergency medical services
- Capital Fund – Funds major capital investments such as fire stations, apparatus, and equipment
- Self-Insured Medical Fund – Covers employee healthcare costs through the District’s self-insurance program
- Building Rental Fund – Accounts for the maintenance of the administration headquarters building which is also rented or leased to tenants.
- Cherry Hills Pension Plan Fund – A dedicated fund supported by a specific tax levy to meet pension obligations
We welcome you to review the District’s financial and annual reports below.
