MESSAGE FROM THE TOWN MANAGER

January 3, 2023

To the Honorable Mayor, Members of Town Council and Citizens of the Town of Parker:

On behalf of the Town of Parker, I am pleased to present the Town of Parker’s 2023 Annual Budget. This budget is the result of collaborative work between the Mayor, Town Council, staff and Parker community. I am proud of the hard work that has been accomplished, resulting in a comprehensive and fiscally sound budget. The Mayor, Town Council and staff diligently worked together to serve the Parker community and set the path for the future.

The Town Council adopted the 2023 Budget on December 5, 2022, following an extensive process by staff working with the Mayor and Council. As transparency and community engagement are essential to the Town’s success, budget discussions with the Mayor and Town Council occurred at a Budget Retreat in October and Study Sessions in October and November, which were open to the public to attend. Additionally, the budget was posted on the Town’s website and presented during two public hearings, allowing for community feedback.

The Town’s Strategic Goals continue to guide decisions for our 2023 Budget priorities and our operations.

• Promote a safe and healthy community

• Innovate with collaborative governance

• Enhance economic vitality

• Foster community creativity and engagement

• Support an active community

• Develop a visionary community through balanced growth

The Mayor, Town Council and staff worked diligently in 2022 to serve the community and set the path for a strong future. We brought a variety of new and exciting projects and programs to fruition that will add to Parker’s high quality of life for current residents and future generations. The past year was highlighted by the approval of the My Mainstreet Project, an important project for our Town’s future. This public-private partnership will lead to the activation of six vacant sites in our downtown area over the coming years, creating a destination for residents, workers and visitors in the heart of Parker through the addition of new restaurants and retail and residential options and providing increased revenue for the Town. Areas outside of Parker’s downtown also continued to grow. The southwest area of Town is on pace to build out the last of the largescale residential developments planned for our community in the coming years. Infrastructure is following suit. Despite cost increases due to inflation, many capital projects and initiatives were accomplished in 2022, including trail and road improvements such as the Cottonwood Drive widening, the Parker Road Multi-use Trail and downtown circulation improvements. Longrange planning initiatives, such as the comprehensive Facilities Master Plan Study and the Land Development Ordinance (LDO) Modernization project were completed or are nearing completion.