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HomeMy WebLinkAbout20133414.tiffRESOLUTION RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD COUNTY, COLORADO, FOR FISCAL YEAR 2014 WHEREAS, the Board of County Commissioners of the County of Weld, State of Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, it is necessary, by Colorado statute and by the Weld County Home Rule Charter, to set the mill levy for the annual appropriation for Weld County Colorado for Fiscal Year 2013, and WHEREAS, the Board of County Commissioners of Weld County, Colorado, adopted the annual budget in accordance with the Local Government Budget Law, on December 11, 2013, and WHEREAS, the amount of money necessary to balance the budget for County funds is as follows: FUND County General Fund Public Works Fund Social Services Fund Contingency Fund Capital Expenditures IGS - Insurance Fund AMOUNT $ 82,684,668 11, 500, 000 8,438,837 5,000,000 8,250,000 2,000,000 $ 117,873,505 WHEREAS, the 2013 valuation for assessment for the County of Weld as certified by the County Assessor is $7,014,609,937 for Budget Year 2014. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners in and for the County of Weld, State of Colorado, that for the purpose of meeting all legal expenses under Sections 29-1-301 through 29-1-305, C.R.S., Section 14-7 of the Weld County Home Rule Charter, there is hereby levied the following mills upon each dollar of the total valuation for assessment of all taxable property within the County for Fiscal Year 2014: FUND MILLS Gross County General Fund Temporary Mill Levy Reduction Net County General Fund Public Works Fund Social Services Fund Contingency Fund Capital Expenditures Fund IGS - Insurance Fund 17.022 -5.234 11.788 1.639 1.203 0.713 1.176 0.285 REVENUE $ 119,399,136 -36,714,468 $82,684,668 11,500,000 8,438,837 5,000,000 8,250,000 2,000,000 16.804 $ 117.873.505 cesti (6a{l %Q-/%-/.9 2013-3414 F10058 RE: SET MILL LEVY, 2014 PAGE 2 BE IT FURTHER RESOLVED by the Board that the County Assessor and the County Treasurer of Weld County, Colorado, be, and hereby are, authorized and directed to make such entries upon their books, at such time or times as will be necessary to make this Mill Levy Resolution effective for the annual appropriation for Weld County, Colorado, for Fiscal Year 2014. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 11th day of December, A.D., 2013. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO Weld County Clerk to the Bo BY: eLoe Deputy Clerk to the Boa APPRI0 ED Ate„' FORM: County Attorney Wi Iam��arcia Barbara Kirkme Chair Date of signature: 12/1/13 2013-3414 FIOO58 tei;14 MEMORANDUM TO: Chris Woodruff, County Assessor December 11, 2013 WILDc. FROM: William F. Garcia, Chair D Board of Weld County Commissioners COLORADO SUBJECT: 2014 Mill Levy This is to clarify that the 5.234 temporary mill levy reduction was reduced from the General Fund mill levy of 17.022 for a net General Fund mill levy of 11.788. The total County mill levy was 22.038, less the 5.234 mill levy, for a net of 16.804 mills for the 2014 mill levy for Weld County. 7 Willie' F. Uarcia;'Chair Board of Weld County Commissioners 2014 Memo to Assessor on Mill Levy County Tax Entity Code DOLA LGID/SID / CERTIFICATION OF TAX LEVIES for NON -SCHOOL Governments TO: County Commissioners' of Weld County , Colorado. On behalf of the County of Weld A (taxing entity) the Board of Weld County Commissioners (governing body)$ of the County of Weld (local government)C Hereby officially certifies the following mills to be levied against the taxing entity's GROSS $ 7,118,834,517 assessed valuation of: (GROSSO assessed valuation, Line 2 of the Certification of Valuation Form DLG 57E) Note: If the assessor certified a NET assessed valuation (AV) different than the GROSS AV due to a Tax Increment Financing (TIE) AreaF the tax levies must be $ 7,014,609,937 calculated using the NET AV. The taxing entity's total (NETC assessed valuation, Line 4 of the Certification of Valuation Form DLG 57) property tax revenue will be derived from the mill levy multiplied against the NET assessed valuation of: Submitted: (not later than Dec. 15) 12/11/2013 (mm/dd/yyyy) for budget/fiscal year 2014 Om) PURPOSE (see end notes for definitions and examples) 1. General Operating Expenses" 2. <Minus> Temporary General Property Tax Credit/ Temporary Mill Levy Rate Reduction' SUBTOTAL FOR GENERAL OPERATING: LEVY2 REVENUE2 22.038 mills $ 154,587,973 < 5.234 > mills $ -36,714,468 16.804 mills $ 117,873,505 3. General Obligation Bonds and Interests mills $ 4. Contractual Obligations" mills $ 5. Capital Expenditures' mills $ 6. Refunds/Abatementsm mills $ 7. Other" (specify): mills $ mills $ TOTAL• [Sum of General Operating • L Subtotal and Lines 3 to 7 Contact person: (print) Signed: Donald D. Warden 16.804 mills $105,873,505 Daytime phone: (970) 356-4000 Ext. 4218 William F. Garcia, Chair Title: Board of County Commissioners 2013-3414 I If the taxing entity's boundaries include more than one county, you must certify the levies to each county. Use a separate form for each county and certify the same levies uniformly to each county per Article X, Section 3 of the Colorado Constitution. 2 Levies must be rounded to three decimal places and revenue must be calculated from the total NET assessed valuation (Line 4 of Form DLG57 on the County Assessor's final certification of valuation). Form DLG 70 (rev 7/08) Page 1 of 5 Hello