HomeMy WebLinkAbout20102957.tiff RESOLUTION
RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD COUNTY,
COLORADO, FOR FISCAL YEAR 2011
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
2011, 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 15, 2010, and
WHEREAS, the amount of money necessary to balance the budget for County funds is as
follows:
FUND AMOUNT
County General Fund $ 53,118,155
Public Works Fund 6,987,191
Social Services Fund 9,166,333
Contingency Fund 1,000,000
Capital Expenditures 6,600,000
IGS - Insurance Fund 1,500,000
$ 78,371,679
WHEREAS, the 2010 valuation for assessment for the County of Weld as certified by the
County Assessor is $4,663,971,632 for Budget Year 2011.
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 2011:
FUND MILLS REVENUE
County General Fund 11.389 $ 53,118,155
Public Works Fund 1.498 6,987,191
Social Services Fund 1.965 9,166,333
Contingency Fund 0.215 1,000,000
Capital Expenditures Fund 1.415 6,600,000
IGS - Insurance Fund 0.322 1,500.000
16.804 $ 78,371,679
2010-2957
FI0052
RE: SET MILL LEVY, 2011
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 2011.
The above and foregoing Resolution was, on motion duly made and seconded, adopted by
the following vote on the 15th day of December, A.D., 2010.
BOARD OF COUNTY COMMISSIONERS
WELD CO , COLORADO
ATTEST: 'jai?: "N. e us 9A n>}v'
• ougihas Rae acher, Chair
Weld County Clerk to the oa-. et,c 4'
, :it/ JA,ca—
;
arbara Kirkme er, Pro-Tem
BY: _.i/; Iwo` Z r !I,
Deputy Clerk to the Boa •
Sean P.. C ay
ED ORM: f -
Will . Garcia
ounty Attorney
2
/ David E. Long
Date of signature: / "5
2010-2957
FI0052
}t//�\ MEMORANDUM
r \ TO: Chris Woodruff, County Assessor December 15, 2010
W Iimp O FROM: Douglas Rademacher, Chair
Board of Weld County Commissioners
COLORADO SUBJECT: 2011 Mill Levy
This is to clarify that the 5.234 temporary mill levy reduction was reduced from the General Fund mill
levy of 16.623, for a net General Fund mill levy of 11.389. The total County mill levy was 22.038,
less the 5.234 mill levy, for a net of 16.804 mills for the 2011 mill levy for Weld County.
xkli
ougla�Rademac er, Chair
Board of Weld County Commissioners
2010-2957
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)B
of the County of Weld
(local govemment)C
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 4,701,208,970
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)Area'the tax levies must be $ 4,663,971,632
calculated using the NET AV. The taxing entity's total e
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: 12/15/2010 for budget/fiscal year 2011
(not later than Dec. 15) (mm/dd/yyyy) (yyyy)
PURPOSE(see end notes for definitions and examples) LEVY2 Y2 REVENUE2
ENUE2
1. General Operating Expenses' 22.038 mills $102,782,377
2. <Minus> Temporary General Property Tax Credit/
Temporary Mill Levy Rate Reduction' < 5.234 > mills $<24,410,698
>
SUBTOTAL FOR GENERAL OPERATING: 16.804 mills $78,371,679
3. General Obligation Bonds and Interest' mills $
4. Contractual Obligations' mills $
5. Capital Expenditures`' mills $
6. Refunds/Abatements"' mills $
7. Other" (specify): mills $
mills $
TOTAL: rSumofGeneralOperati7] 16.804 mills $78,371,679
1 L L Subtotal and Lines 3 to 7 J
Contact person: Daytime
(print) onald D. Warden phone: (970 ) 356-4000 X4218
Douglas Rademacher, Chair
Signed: k QeG.wp, — Title: Weld County Board of Commissioners
Include one copy of this tax entity's complet d form when filing the local government's budget by January 31st,per 29-1-113 C.R.S.,with the
Division of Local Government(DLG),Room 521, 1313 Sherman Street,Denver, CO 80203. Questions? Call DLG at(303)866-2156.
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 4
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