Overview
The City of Colby ended 2025 with $19,752,827 of unencumbered cash across the reporting entity and $22,960,030 of ending cash. Receipts for the year were $27,630,840 against expenditures of $27,346,570. The General Fund closed at $266,821 unencumbered ($621,446 cash) after spending $4,938,883 against a $5,184,704 budget — $245,821 under budget. Long-term debt at year-end was $9,017,296, down from $10,441,815. Budget amendments were adopted this year for the Library Fund, the E911 Fund, and the Colby Land Bank, and the City held a revenue neutral rate hearing.
Source: City of Colby 2025 financial statements, summary statement.
At a glance — audited 2025
Source: City of Colby 2025 financial statements, summary statement.
Funds — audited 2025
Reporting-entity walk (excluding agency funds): $19,466,572 + $1,985 of prior-year cancelled encumbrances + receipts $27,630,840 − expenditures $27,346,570 = ending unencumbered cash $19,752,827; plus $3,207,203 of encumbrances and accounts payable = ending cash $22,960,030. Primary government alone: $19,466,572 + $1,985 + $27,625,685 − $27,346,070 = $19,748,172; plus $3,207,203 = $22,955,375. Cash composition as printed: checking $12,379,037 + petty cash $300 + certificates of deposit $10,600,000 = $22,979,337 primary cash; plus Land Bank $4,655 less agency funds $23,962 = $22,960,030 reporting cash. The $23,962 gap between primary cash ($22,979,337) and primary ending cash ($22,955,375) is exactly the agency funds, as printed.
| Fund | Receipts | Expenditures | Ending unencumbered |
|---|---|---|---|
| General | $5,029,038 | $4,938,883 | $266,821 |
| Electric Utility | $6,529,106 | $6,981,642 | $1,183,986 |
| Water Utility | — | — | $1,325,043 |
| Capital Improvement Reserve | $3,844,755 | $3,531,376 | $7,015,383 |
| Economic Development | — | — | $2,188,093 |
| Municipal Equipment Reserve | — | — | $1,719,018 |
| Special Law Enforcement Trust | — | — | $1,181,074 |
| Financed Projects | — | — | $818,094 |
| Special Street | — | — | $415,371 |
| Employee Benefits | — | — | $366,473 |
| Bond and Interest | $1,197,712 | $1,197,660 | $97,765 |
General Fund receipts build: taxes and shared revenue $902,519 (ad valorem $831,409; neighborhood revitalization rebate −$31,430; motor vehicle $87,838) + intergovernmental $1,940,699 (local sales tax $1,358,528; transient guest tax $354,251; KDOT aid $85,772) + licenses and permits $137,475 + charges for services $437,092 + fines $16,193 + use of money and property $655,690 (interest $237,219; airport fuel sales $249,244) + miscellaneous $2,619 + transfers in $936,751 (electric $424,653; water $74,426; sewage $53,526; solid waste $50,098; financed projects $334,048) = $5,029,038. General Fund department build: General Government $347,113 + Police $937,791 + Fire $551,519 + Street $1,189,645 + Communications $462,449 + Community Building $425,068 + Parks $298,237 + Swimming Pool $287,416 + Airport $439,645 = $4,938,883. The General Fund walk: $175,832 + $834 + $5,029,038 − $4,938,883 = $266,821; plus $354,625 = $621,446 cash.
Source: City of Colby 2025 financial statements, fund schedules.
Debt — audited 2025
Walk: beginning $10,441,815 + additions $19,200 − reductions and payments $1,443,719 = ending $9,017,296; interest paid in 2025 was $334,272.
| Item | Amount |
|---|---|
| General obligation bonds | $7,952,000 |
| — Series 2013 | $47,000 |
| — Series 2019, community events center (2.35%, 10/1/2019, maturing 2034) | $7,905,000 |
| KDHE sewer loan (2.77%, 3/14/2006, $8,755,230, maturing 2027) | $814,392 |
| Finance leases — total | $250,904 |
| — Meters / automated meter reading | $148,196 |
| — Tasers | $32,987 |
| — Dash cameras | $36,068 |
| — Body cameras | $14,453 |
| — Supplemental dash cameras (added 12/16/2025) | $19,200 |
| Total long-term debt outstanding | $9,017,296 |
| Maturities due 2026 — principal | $1,498,763 |
| Maturities due 2026 — interest | $287,059 |
| Maturities due 2026 — total | $1,785,822 |
| Total principal and interest to maturity | $10,335,719 |
The Series 2019 bonds are payable from a 0.75% sales tax. The KDHE sewer loan had $524,555 paid in 2025. Gilmore & Bell, P.C. performed post-issuance bond compliance on Series 2019, and the statements were filed with the Municipal Securities Rulemaking Board.
Sources & notes
- Source used: City of Colby, Kansas, financial statements for the year ended December 31, 2025 (ADAMSBROWN, LLC, April 21, 2026) Read the source document.
- Sum checks: reporting-entity walk $19,466,572 + $1,985 + $27,630,840 − $27,346,570 = $19,752,827, plus $3,207,203 = $22,960,030; General Fund walk $175,832 + $834 + $5,029,038 − $4,938,883 = $266,821, plus $354,625 = $621,446; General Fund receipt and department builds re-added in Python and match the printed totals exactly; debt walk $10,441,815 + $19,200 − $1,443,719 = $9,017,296, and components $7,952,000 + $814,392 + $250,904 = $9,017,296.
- Identity: this is the City of Colby, Kansas, the county seat of Thomas County.
- Jurisdiction palette: no verified palette was on file for this jurisdiction, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.