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HomeMy WebLinkAbout20093262.tiffRESOLUTION RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD COUNTY, COLORADO, FOR FISCAL YEAR 2010 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 2010, 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, 2009, 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 $ 54,052,194 7,354,938 6,166,333 20,567,181 7,300,000 1,500,000 $ 96,940,646 WHEREAS, the 2009 valuation for assessment for the County of Weld as certified by the County Assessor is $5,778,870,341 for Budget Year 2010. 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 2010: FUND County General Fund Public Works Fund Social Services Fund Contingency Fund Capital Expenditures Fund IGS - Insurance Fund MILLS REVENUE 9.370 1.275 1.069 3.565 1.265 0.260 16.804 $ 54,052,194 7,354,938 6,166,333 20,567,181 7,300,000 1,500,000 $ 96,940,646 2009-3262 F10050 CC • ,t7, 7.)4A, /k e) 1c' RE: SET MILL LEVY, 2010 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 2010. 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., 2009. Weld County Clerk to Deputy Clerk to the APPROV County Attorney BOARD OF COUNTY COMMISSIONERS WELD COW' Y, COLORADO illiam F. Garcia, Chair David E. Long Date of signature: 63 d/o9 2009-3262 F10050 acs WUDc COLORADO MEMORANDUM TO: Chris Woodruff, County Assessor December 14, 2009 FROM: William F. Garcia, Chair, Board of Weld County Commissioners SUBJECT: 2010 Mill Levy This is to clarify that the 5.234 temporary mill levy reduction was reduced from the General Fund mill levy of 14.604, for a net General Fund mill levy of 9.370. The total County mill levy was 22.038, less the 5.234 mill levy, for a net of 16.804 mills for the 2010 mill levy for Weld County. William F. Garcia, Chair Board of Weld County Commissioners 2009-3262 ut/L.P. LUIU/JW CERTIFICATION OF TAX LEVIES for NON -SCHOOL Governments 4. Contractual Obligations" TO: County Commissioners' of Weld County On behalf of the County of Weld the A (taxing entity) Board of Weld County Commissioners Of the County of Weld (governing body)" (local government)' , Colorado. Hereby officially certifies the following mills to be levied against the taxing entity's GROSS $ 5, 768, 903, 016 assessed valuation of: (GROSS' assessed valuation, Line 2 of the Certification of Valuation Form DLG 571) Note: If the assessor certified a NET assessed valuation (AV) different than the GROSS AV due to a Tax Increment Financing (l lb) AreaF the tax levies must be $ 5,768,903,016 calculated using the NET AV. The taxing entity's total c 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: (not later than Dec. IS) 12/14/2009 (mm/dd/yyyy) for budget/fiscal year 2010 (yyyy) PURPOSE (see end notes for defmitions and examples) LEVY' REVENUE2 1. General Operating Expenses" 2. <Minus> Temporary General Property Tax Credit/ Temporary Mill Levy Rate Reduction' SUBTOTAL FOR GENERAL OPERATING: 22.038 mills $ 127,135,084 < 5.234 > mills $ < 30,194,438 > 16.804 mills $ 96,940,646 3. General Obligation Bonds and Interest' mills $ mills $ 5. Capital Expenditures`' mills $ 6. Refunds/Abatements"' mills $ 7. Other" (specify): mills $ mills $ TOTAL. Sum of GeneralOperating • � subtotal and Lines 3 to 7 j Contact person: (print) Signed: 16.804 Daytime phone: Title: mills $ 96,940,646 (970 ) 356-4000 X4218 William F. Garcia, Chair Weld County Board of Commissioners Include one copy of this tax entity's completed 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. ' 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 I O11 Hello