HomeMy WebLinkAbout20113219.tiff RESOLUTION
RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD COUNTY,
COLORADO, FOR FISCAL YEAR 2012
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
2012, 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 14, 2011, and
WHEREAS, the amount of money necessary to balance the budget for County funds is as
follows:
FUND AMOUNT
County General Fund $ 56,184,966
Public Works Fund 6,987,191
Social Services Fund 9,995,400
Contingency Fund 8,000,000
Capital Expenditures 7,200,000
IGS - Insurance Fund 1,750,000
$ 98.117,557
WHEREAS, the 2011 valuation for assessment for the County of Weld as certified by the
County Assessor is $5,362,863,410 for Budget Year 2012.
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 2012:
FUND MILLS REVENUE
County General Fund 10.476 $ 56,184,966
Public Works Fund 1.303 6,987,191
Social Services Fund 1.864 9,995,400
Contingency Fund 1.492 8,000,000
Capital Expenditures Fund 1.343 7,200,000
IGS - Insurance Fund 0.326 1,750,000
16.804 $ 90.117,557
2011-3219
FI0054
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 2012.
The above and foregoing Resolution was, on motion duly made and seconded, adopted by
the following vote on the 14th day of December, A.D., 2011.
BOARD OF COUNTY COMMISSIONERS
WE D COUNTY, COL DO
ATTEST: / ��
. arbara Kirkmeyer, hair
Weld County Clerk to th?=o
=� EXCUSED
;161 Sean P. Conway, Pro-Tem
BY: /" ids
Deputy Clerk to the B
' iam . arcia
APP ED AS T : civ
David E. Long
•
unty Attorney z
�y, ouglas demacher
Date of signature: /17
7
2011-3219
F10054
MEMORANDUM
1 • TO: Chris Woodruff, County Assessor December 14, 2011 V IFROM: Barbara Kirkmeyer, Chair
Board of Weld County Commissioners
COLORADO SUBJECT: 2012 Mill Levy
This is to clarify that the 5.234 temporary mill levy reduction was reduced from the General Fund mill
levy of 15.710, for a net General Fund mill levy of 10.476. The total County mill levy was 22.038,
less the 5.234 mill levy, for a net of 16.804 mills for the 2012 mill levy for Weld County.
rbara Kirkmey r, hair
Board of Weld County Commissioners
2012 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
([axing entity)
the Board of Weld County Commissioners
(governing body)$
of the County of Weld
(local govemment)C
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 5,421,862,840
assessed valuation of: (GROSS 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(TIF)AreaF the tax levies must be $ 5,362,863,410
calculated using the NET AV. The taxing entity's total s
ty (NET 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: 12/14/2011 for budget/fiscal year 2012
(not later than Dec. 15) (mm/dd/yyyy) (yyyy)
PURPOSE(see end notes for definitions and examples) LEVY2 REVENUE2
1. General Operating Expenses" 22.038 mills $ 118,186,784
2. <Minus>Temporary General Property Tax Credit/
Temporary Mill Levy Rate Reduction[ < 5.234 > mills $ -28,069,227
SUBTOTAL FOR GENERAL OPERATING: 16.804 mills $90,117,557
3. General Obligation Bonds and Interest' mills $
4. Contractual ObligationsK mills $
5. Capital Expenditures'' mills $
6. Refunds/Abatements"' mills $
7. Other" (specify): mills $
mills $
TOTAL: [Subtot G deLinoes3toi7 ] 16.804 mills $90,117,557
Contact person: Daytime
(print) Donald D. Warde phone: (970) 356-4000 Ext. 4218
[ Barbara Kirkmeyer, Chair
Signed: ,L/LAir i— Title: Board of County Commissioners
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 mal certification of valuation).
2011-3219
Form DLG 70(rev 7/08) Page I of 5
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