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HomeMy WebLinkAbout20083250.tiff 1ogd gag go�ioogooy oVolopg000 g000��o� luthcogLty M000g vo»4»),): 2009 FINAL BUDGET Cm nunirgC)V) /Z-,5-,2c)c18 en l 0005 WELD 911 EMERGENCY TELEPHONE SERVICE AUTHORITY BOARD P.O. Box 758 Greeley, Colorado 80632 Phone(303)356-4000, Ext 4245 November 18, 2008 Division of Local Government 1313 Sherman Street Room 520 Denver, CO 80203 Dear Sirs: Enclosed please find the following documents relating to the Weld County 911 Emergency Telephone Service Authority Certification of 2009 budget copy 2009 Budget Message • Description of Service • Budgetary Accounting Basis • Lease/Purchase Agreements • Summary of Resources and Estimated Expenditures • Line Item Revenue, Operating Expenses and Capital Equipment Affidavit of Publication Resolution to Adopt 2009 Budget 2009 Resolution to Appropriate Sums of Money Because the authority is supported by a telephone surcharge, no property tax is levied or authorized. If you have questions please do not hesitate to contact me or Don Warden, Director of Finance and Administration, at 356-4000, extension 4218. Very truly yours, argie Martinez Secretary/Treasurer 911 Emergency Telephone Authority 2008-3250 CERTIFICATION I HEREBY CERTIFY that the attached 2009 Final Budget is a true and accurate copy of the budget of the Weld County 911 Emergency Telephone Service Authority, adopted by the governing board on the 18th day of November, 2008. WELD C UNTY 911 EMERGENCY TELEPHONE SE/ TVIC A �RITY B ARD / / M Donald D. Warden, Director Weld County, Colorado Finance and Administration SUBSCRIBED and SWORN TO bef.,/--- 'e ifiis 4It` ..ay of November, 2008. :NOTARY `' °; ; / r • No ary Public My Commission Expires: My Commission Expires May 15,2010 Budget Message Service: Prior to 1990, many jurisdictions in Weld County had limited 911 service. Some jurisdictions had no method to report emergencies using the telephone system. To serve the public welfare and the best interests of all citizens in Weld County, 48 government entities within Weld County agreed to form the Weld County 911 Emergency Telephone Service Authority to implement enhanced 911 emergency telephone capability for every telephone in Weld County. E-911 is a telephone system utilizing the single three-digit number 911 for reporting police, fire, medical, or other emergency situations. A call on the E-911 system automatically displays the location of the caller's telephone number, address for the telephone, and other supplemental information of the calling party's location at a Public Safety Answering Point (PSAP). There is a single PSAP in the Weld County Regional Communications Center serving 17 law enforcement agencies, 22 fire districts, and two EMS services. Individual response personnel for each jurisdiction are notified of the emergency from the PSAP. The Weld County 911 Emergency Telephone Service Authority is a separate legal entity responsible for the administration of the E-911 emergency telephone service program for all of Weld County except the Town of Erie. The Authority Board is authorized to collect an emergency telephone charge not to exceed seventy cents per month. The Authority Board must determine the surcharge rate each year no later than September 1st, and fix the new rate to take effect commencing with the first billing period of each telephone customer on or following the next January 1st. Funds collected from the surcharge must be spent to pay for dispatch and computer support staff, equipment costs, installation costs, the monthly recurring charges, and, if moneys are available after such charges are fully paid, such funds may be expended for emergency medical services provided by telephone. Any funds collected and unexpended at the end of the budget year are carried over to the next succeeding year to be used in supplying E-911 emergency telephone service. The Authority Board may do any act as may be necessary to continue operation of the 911 emergency telephone service including, but not limited to, the ability to negotiate with equipment vendors and service suppliers to obtain the benefit of technological developments. These benefits must improve or enhance the quality and efficiency of 911 emergency telephone service to the users. The primary funding resource for E-911 service is the surcharge established in 1988 at fifty cents per month per telephone service. Beginning in 1998, the surcharge was also extended to wireless phones. Effective January 1,2009,the surcharge goes up to seventy centers per month per phone service. The revenue from the seventy cent surcharge and surplus revenues carried forward from previous years will produce sufficient revenues in 2009 to fund expenditures authorized by the intergovernmental agreement and current legislation. Budgetary Accounting Basis: The Basis of Accounting refers to when revenue and expenditures or expenses are recognized in the accounts and reported in financial statements. The Basis for Accounting relates to the timing of the measurements made regardless of the measurement focus applied. Revenue and expenditures or expenses are accounted for using a modified accrual method. This method recognizes revenue in the year in which it becomes both measurable and available as net current assets or, when revenue is of a material amount, planned for but not yet received. Revenue in the modified accrual method primarily consists of surcharges collected even though the surcharge may not have yet been remitted by telephone companies in the service area. Unbilled charges for services are recorded in the appropriate fund at year end. Expenditures are generally recorded when the related fund liability is incurred. The Board adopted a policy in the September 15, 1992 meeting to fund an equipment reserve by depreciating E-911 equipment effective January 1, 1993. Equipment will be depreciated using a straight-line method and a five-year life. This depreciation method results in an annualized expense of approximately$121,000. Lease-Purchase Agreements: The following supplemental data regarding lease purchase agreements involving real property pursuant to Section 29-1-104(2)(d), CRS, 1973 as amended: $ 0 A. The total amount to be expended during the ensuring fiscal year for payment of obligations under all lease-purchase agreements involving real property. $ 0 B. The total maximum payment liability of the local government under all lease-purchase agreements involving real property over the entire terms of such agreements, including all optional renewal terms. $ 0 C. The total amount to be expended during the ensuing fiscal year for payment obligations under all lease-purchase agreements other than those involving real property. $ 0 D. The total maximum payment liability of the local government under all lease-purchase agreements other than those involving real property over the entire term of such agreements, including all optional renewal terms. Weld County E-911 Emergency Telephone Authority for the period January 1, 2009 to December 31, 2009 Actual Estimated Proposed Final Resources 2007 2008 2009 2009 Beginning Fund Balance $ 3,535,396 $ 4,192,920 $ 3,541,115 $ 3,541,115 Estimated Revenue Surcharge 1,403,557 1,513,361 1,965,000 1,965,000 Interest 166,111 90,000 130,000 130.000 Total Resources $ 5,105,064 $ 5,796,281 $ 5,636,115 $ 5,636,115 Estimated Expenditures Operations Personnel $ 0 $ 86,982 $ 806,587 $ 806,587 Office Supplies 2,260 12,190 12,625 12,625 Small Items of Equipment 68,935 54,742 147,583 147,583 Computer Software 53,103 28,762 39,072 39,072 Uniforms 5,161 9,440 10,350 10,350 Other Supplies 768 6,360 7,191 7,191 Telephone Charges 565,178 540,000 175,608 175,608 Contract Payments 82,739 279,061 253,918 253,918 Training 10,632 48,048 59,339 59,339 Other Prof. Services 15,125 2,100 2,100 2,100 Grants and Donations 0 0 0 0 Equipment Equipment 0 953,828 420,000 420,000 Depreciation 108,243 116,053 121,000 121,000 Contingency 0 25,000 30,000 30,000 Emergency Reserve 0 92,600 96.000 96.000 Total Expenditures $ 912,144 $ 2,255,166 $ 2,181,373 $ 2,181,373 ENDING FUND BALANCE $ 4,192,920 $ 3,541,115 $ 3,454,742 $ 3,454,742 Weld 911 Emergency Telephone Authority 2009 7300- 2007 2008 2009 2009 22300 Revenues Actual Estimate Proposed Anal 4410 Telephone Surcharge $ 1,403,557 $ 1,513,361 $ 1,965,000 $ 1,965,000 4610 Earnings on Deposit 166,111 90,000 130,000 130,000 Total Revenue $ 1,569,668 $ 1,603,361 $ 2,095,000 $ 2,095,000 Weld 911 Emergency Telephone Authority 2009 7300- Emergency 2007 2008 2009 2009 22300 Telephone Operations Actual Estimate Proposed Final 6111 Personnel $ 0 $ 86,982 $ 806,587 $ 806,587 6210 Other Supplies 2,260 12,190 12,625 12,625 6220 Small Items of Eqpt 68,935 57,742 147,583 147,583 6225 Computer Software 53,103 28,762 39,072 39,072 6248 Uniforms 5,161 9,440 10,350 10,350 6249 Other Supplies 768 6,360 7,191 7,191 6367 Telephone Charges 565,178 540,000 175,608 175,608 6379 Contract Payments 82,739 279,061 253,918 253,918 6400 Training 10,632 48,048 59,339 59,339 6370 Other Prof. Services 15,125 2,100 2,100 2,100 6710 Grants and Donations 0 0 0 0 Total Expenditures $ 803,901 $ 1,067,685 $ 1,514,373 $ 1,514,373 Weld 911 Emergency Telephone Authority 2009 7300- 2007 2008 2009 2009 22300 Equipment Actual Estimate Proposed Final 6540 Depreciation $ 108,243 $ 116,053 $ 121,000 $ 121,000 6952 Equipment 0 953.828 420,000 420,000 Total Expenditures $ 108,243 $ 1,069,881 $ 541,000 $ 541,000 7300- 2007 2008 2009 2009 22300 Reserves Actual Estimate Proposed Anal 6940 CONT Contingency $ 0 $ 25,000 $ 30,000 $ 30,000 6940 EMGY Emergency Reserve 0 92.600 92.600 92.600 Total Expenditures $ 0 $ 117,600 $ 126,000 $ 126,000 RESOLUTION TO ADOPT BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR THE EMERGENCY TELEPHONE AUTHORITY FUND AND ADOPTING A BUDGET FOR THE WELD 911 EMERGENCY TELEPHONE SERVICE AUTHORITY,FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2009, AND ENDING ON THE LAST DAY OF DECEMBER, 2009 WHEREAS,the Authority Board of the Weld Emergency Telephone Authority has appointed Margie Martinez, Secretary/Treasurer, to prepare and submit a proposed budget to said governing body at the proper time, and WHEREAS, Margie Martinez, Secretary/Treasurer, has submitted a proposed budget to this governing body for its consideration, and WHEREAS,upon due and proper notice,published or posted in accordance with the law,said proposed budget was open for inspection by the public at a designated place, a public hearing was held on November 18, 2008, interested taxpayers were given the opportunity to file or register any objections to said proposed budget. NOW,THEREFORE, BE IT RESOLVED BY THE AUTHORITY BOARD OF THE WELD 911 EMERGENCY TELEPHONE SERVICE AUTHORITY: Section 1. That estimated expenditures for the fund are as follows: Emergency Telephone Authority Fund $ 2,304,568 Section 2. That estimated revenues for the fund are as follows: From unappropriated surplus $ 209,568 From sources other than general property tax 2,095,000 From general property tax levy 0 TOTAL REVENUES $ 2,304,568 Section 3. That the budget,as submitted, amended,and summarized above by fund, hereby is approved and adopted as the budget of the Weld 911 Emergency Telephone Service Authority for the year stated above. Section 4. That the budget hereby approved and adopted shall be signed by the Chairman of the Authority Board and made a part of the public records of the Authority. ADOPTED this 18th day of November, A.D., 2008. ATTEST: /,/, S CRETA Y/TREASURE CHAIRMAN Fn f) r.c` AUTHORITY BOARD AUTHORITY BOARD RESOLUTION TO APPROPRIATE SUMS OF MONEY A RESOLUTION APPROPRIATING SUMS OF MONEY TO THE EMERGENCY TELEPHONE AUTHORITY FUND, IN THE AMOUNT AND FOR THE PURPOSE AS SET FORTH BELOW, FOR THE WELD 911 EMERGENCY TELEPHONE SERVICE AUTHORITY, FOR THE 2009 BUDGET YEAR WHEREAS, the Authority Board, on November 18, 2008, has adopted the annual budget in accordance with the Local Government Budget Law, and WHEREAS, the Authority Board has made provision therein for revenues in an amount equal to, or greater than, the total proposed expenditures as set forth in said budget, and WHEREAS, it is not only required by law, but also necessary to appropriate the revenues provided in the budget to and for the purposes described below, so as not to impair the operations of the Authority. NOW, THEREFORE, BE IT RESOLVED BY THE AUTHORITY BOARD OF THE WELD 911 EMERGENCY TELEPHONE SERVICE AUTHORITY: That the following sums are hereby appropriated from the revenue of the Emergency Telephone Authority Fund for the following purposes: Emergency Telephone Authority Fund Current Operating Expenses $ 1,637,568 Capital Outlay 420,000 Depreciation 121,000 Contingency 30,000 Emergency Reserve 96,000 TOTAL FUND $ 2,304,568 ADOPTED this 18th day of November, A.D., 2008.. ATTEST: Lt t j C- fir, , f 4),1 S CRETA Y/TREASUREQM-AIRMAN- - t < _ AUTHORITY BOARD AUTHORITY BOARD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 M 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 m m . . . . . . . . . . . . . . . M wa aw 04 OA rn w m g a 0 0 0 0 0 0 0 0 o 0 o o 0 0 0 0 0 v 0 0 00000 00000 00000 Eo 0 0 0 0 0 0 0 Z 0 0 0 0 0 0 0 0 0 H U 0 0 0 0 0 0 0 0 w v - w' N 0 cr. N N In U) to l0 rt cr. 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A copy of the proposed budget has been filed in the Weld County Office of the Clerk to the Board, located at 915 10th Street, Greeley, Colorado, where same is open for public inspection. The proposed budget will be considered at a regular meeting of the Authority Board to be held at the Weld County Law Enforcement Administration Building, 1950 "O" Street, Greeley, Colorado, on November 18, 2008, at 12:00 noon. Any interested elector within such Weld County 911 Emergency Telephone Service Authority may inspect the proposed budget and file or register any objections thereto at any time prior to the final adoption of the budget. WELD COUNTY 911 EMERGENCY TELEPHONE SERVICE AUTHORITY WELD COUNTY, COLORADO DATED: October 31, 2008 PUBLISHED: November 7, 2008, in the Greeley Tribune Affidavit of Publication STATE OF COLORADO ss. County of Weld, Jennifer Usher of said County of Weld, being duly sworn, say that I am an advertising clerk of THE TRIBUNE that the same is a daily newspaper of general circulation and printed and published in the City of Greeley, in said county and state; that the notice or advertisement, of which the annexed is a true copy,(days): that the notice was published in the regular and entire issue of every number of said newspaper during the period and time of publication of said notice, and in the newspaper proper and not in a supplement thereof; that the first publication of said notice was contained in the, issue of the said newspaper- bearing date the Seventh day of November AD. 2008 and the last publication thereof: in the issue of said newspaper bearing date the Seventh day of November AD. 2008 that said The Tribune has been published continuously and uninterruptedly during the period of at least six months next prior to the first issue there of contained said notice or NOTICE AS TO PROPOSED BUDGET advertisement above referred to; that said newspaper has been NOTICE IS HEREBY GIVEN that a proposed budget has been admitted to the United States mails as second-class matter under submitted to the Weld County 911 Emergency Telephone Ser- the provisions of the Act of March 3, 1879, or any amendments vice Authority Board for the ensuing year of 2009. A copy of the proposed budget has been filed in the Weld County Office of thereof; and that said newspaper is a daily newspaper duly Clerk to the Board,located at 91510th Street,Greeley,Colo- rado, qualifiedlegal where same is open for public inspection. The proposed 9 d for P g g budget will be considered at a regular meeting of the Authority the meaning of the laws of the State of Colorado. Board to be held at the Weld County Law Enforcement Adminis- tration Building,1950"O"Street,Greeley,Colorado,on Novem- ber 18,2008.at 12:00 noon. Any interested elector within such Weld County 911 Emergency Telephone Service Authority may inspect the proposed budget and file or register any objections November 7, 2008 thereto at any time prior to the final adoption of the budget. WELD COUNTY 911 EMERGENCY TELEPHONE SERVICE AUTHORITY WELD COUNTY,COLORADO DATED: October 31,2008 • Total Charges: $11.22 The Tribune November 7,2008 1 � 1«t V}L . ( .L�c Advertising Clerk 7th day of November, 2008 My Commission Expires 02/14/2011 i 1 Notary Pubcfc Esther Gesick From: dig-filing dig-filing [dIg-filing@state.co.us] Sent: Monday, December 22, 2008 3:38 PM To: Esther Gesick Subject: Re: Weld County 2009 Budget Submissions Thank you for your submission to DLG. This is your confirmation email notifying you that your filing reached our email box. We will review your submission and contact you with any problems or issues if necessary. Our received submissions of record from Weld County include: Pioneer LEA SW Weld LEA Bebe Draw LEA Weld County Emergency 911 Service Authority and The Weld County Budget Please consider this confirmation of our receipt of the documents, if we find any issues with your submissions thus far we will be in contact. Thank You Jarrod Biggs Technical Assistance Division of Local Government 1 o7D0P-. 50 Esther Gesick From: Esther Gesick Sent: Tuesday, December 16, 2008 12:06 PM To: jarrod.biggs@state.co.us Cc: Don Warden; Esther Gesick Subject: FW: 2009 Budget for Weld County 911 Emergency Telephone Service Authority(LGID# 62084) Hello Jarrod, I spoke with you last week to confirm receipt of Weld County's electronic submittal of the E911 2009 Budget. During our conversation it was discovered that the link on the website generated an E-mail subject line with "e-budget" which put our submittal in a different group. You verbally confirmed receipt on the phone, but I was wondering if I could get the standard written confirmation of receipt to be included in our file. Thanks! Esther E. Gesick Deputy Clerk to the Board 915 10th Street Greeley, CO 80631 (970) 356-4000 X4226 (970) 352-0242 (fax) Original Message From: Esther Gesick Sent: Wednesday, December 10, 2008 2:15 PM To: 'd1g-filing@state.co.us' Cc: Don Warden; Esther Gesick Subject: 2009 eBudget for Weld County 911 Emergency Telephone Service Authority (LGID4 62084) Esther E. Gesick Deputy Clerk to the Board 915 10th Street Greeley, CO 80631 (970) 356-4000 X4226 (970) 352-0242 (fax) 1 Esther Gesick From: Esther Gesick Sent: Wednesday, December 10, 2008 2:15 PM To: dlg-filing@state.co.us Cc: Don Warden; Esther Gesick Subject: 2009 eBudget for Weld County 911 Emergency Telephone Service Authority(LGID#62084) Attachments: Weld E911 2009 Budget.pdf Weld E911 2009 Budget.pdf(320... Esther E. Gesick Deputy Clerk to the Board 915 10th Street Greeley, CO 80631 (970) 356-4000 X4226 (970) 352-0242 (fax) 1 STATE OF COLORADO DEPARTMENT OF LOCAL AFFAIRS op_co DIVISION OF LOCAL GOVERNMENT y$% , Local Government Services .-', 7/ x 1313 Sherman Street,Suite 521 '.fans V" Denver,Colorado 80203 Phone: (303)866-2156 Bill Ritter,Jr. FAX: (303)866-4819 Governor TDD: (303)866-5300 Susan E.Kirkpatrick Executive Director October 7,2008 Weld County 911 Emer.Tele. Serv.Auth.(62084) Mr.Mike Miller OR Budget Officer PO Box 758 Greeley,CO 80632 Dear Budget Officer: The Division of Local Government now encourages local governments to submit annual budgets electronically to the Division. We hope that this additional filing option will offer time and cost savings. Below are outlined requirements when submitting electronic budget documents to the Division. • Submissions should be mailed to:d state.co.us. • All budget documents should be in apdffile with the name of the government,local government identification number(LGID#)and the phrase"2009 Budget"in the name of the file. Please do not protect the file from review,printing or saving. • Include in the subject line of the e-mail the local government name, LGID#,and the word BUDGET. You can also look up any LGID#by going to our website at http://www.dola.state.co.us and clicking on"List of Local Governments"on the left hand menu under"Department Services—Local Governments". Your local government's LGID#is: 62084 • Please submit only one local government budget per email. (For example,ABCD Metropolitan Districts#1, 2,3 and 4 should be submitted in separate emails and pdf files and will have separate LG ID numbers.) • All regular signatures should be included in the pdfdocument. • An email size of 15 megabytes is the largest size that can be handled by our email system. If a document is more than 15MB in size, it will need to be separated into multiple pdffiles each no larger than 15MB. • If you do not receive a reply confirmation within 48 hours after you send your budget,please contact Jarrod Biggs or Cynthia Thayer at(303)866-2156. • Please indicate within your email message if there are any other local government budgets incorporated within a budget(e.g.Urban Renewal Authority within the City's budget document). Please add the LGID#of any additional government incorporated within the general budget. As a reminder,pursuant to 29-1-113,C.R.S.a certified copy of the budget should be filed with the Division by January 31st. For additional information,please visit http:,?www.dola.colorado.gov/dlg%ta;budgetina'e filing.html:.At this time electronic filing is only available for the annual budget submittal,but we hope to expand this option to other filings in the future. If you have any questions,please contact us at(303)866-2156. Sincerely, Division of Local Government Notes: " Taxing Entity—A jurisdiction authorized by law to impose ad valorem property taxes on taxable property located within its territorial limits (please see notes B, C, and H below). For purposes of the DLG 70 only, a taxing entity is also a geographic area formerly located within a taxing entity's boundaries for which the county assessor certifies a valuation for assessment and which is responsible for payment of its share until retirement of financial obligations incurred by the taxing entity when the area was part of the taxing entity. For example: an area of excluded property formerly within a special district with outstanding general obligation debt at the time of the exclusion or the area located within the former boundaries of a dissolved district whose outstanding general obligation debt service is administered by another local governments. x Governing Body—The board of county commissioners, the city council, the board of trustees, the board of directors, or the board of any other entity that is responsible for the certification of the taxing entity's mill levy. For example: the board of county commissioners is the governing board cx officio of a county public improvement district(PID); the board of a water and sanitation district constitutes cx officio the board of directors of the water subdistrict. s Local Government- For purposes of this line on Page lof the DLG 70, the local government is the political subdivision under whose authority and within whose boundaries the taxing entity was created. The local government is authorized to levy property taxes on behalf of the taxing entity. For example, for the purposes of this form: I. a municipality is both the local government and the taxing entity when levying its own levy for its entire jurisdiction; 2. a city is the local government when levying a tax on behalf of a business improvement district (BID) taxing entity which it created and whose city council is the BID board; 3. a fire district is the local government if it created a subdistrict, the taxing entity, on whose behalf the fire district levies property taxes. 4. a town is the local government when it provides the service for a dissolved water district and the town board serves as the board of a dissolved water district, the taxing entity, for the purpose of certifying a levy for the annual debt service on outstanding obligations. GROSS Assessed Value-There will be a difference between gross assessed valuation and net assessed valuation reported by the county assessor only if there is a "tax increment financing" entity (see below), such as a downtown development authority or an urban renewal authority, within the boundaries of the taxing entity. The board of county commissioners certifies each taxing entity's total mills upon the taxing entity's Gross Assessed Value found on Line 2 of Form DLG 57. e Certification of Valuation by County Assessor, Form DLG 57- The county assessor(s) uses this form (or one similar) to provide valuation for assessment information to a taxing entity. The county assessor must provide this certification no later than August 25°'each year and may amend it, one time, prior to December 10'" " TIF Area—A downtown development authority(DDA) or urban renewal authority(URA), may form plan areas that use"tax increment financing" to derive revenue from increases in assessed valuation(gross minus net, Form DLG 57 Line 3)attributed to the activities/improvements within the plan area. The DDA or URA receives the differential revenue of each overlapping taxing entity's mill levy applied against the taxing entity's gross assessed value after subtracting the taring entity's revenues derived from its mill levy applied against the net assessed value. o NET Assessed Value—The total taxable assessed valuation from which the taxing entity will derive revenues for its uses. It is found on Line 4 of Form DLG 57. n General Operating Expenses (DLG 70 Page 1 Line 1)—The levy and accompanying revenue reported on Line l is for general operations and includes, in aggregate, all levies for and revenues raised by a taxing entity for purposes not lawfully exempted and detailed in Lines 3 through 7 on Page 1 of the DLG 70. For example: a fire pension levy is included in general operating expenses, unless the pension is voter-approved, if voter-approved, use Line 7 (Other). Form DLG 70(rev 7/08) Page 3 of 4 Temporary Tax Credit for Operations (DLG 70 Page 1 Line 2)—The Temporary General Property Tax Credit/Temporary Mill Levy Rate Reduction of 39-1-I l 1.5, C.R.S. may be applied to the taxing entity's levy for general operations to effect refunds. Temporary Tax Credits (TTCs) are not necessary for other types of levies (non-general operations)certified on this form because these levies are adjusted from year to year as specified by the provisions of any contract or schedule of payments established for the payment of any obligation incurred by the taxing entity per 29-1-301(1.7), C.R.S., or they are certified as authorized at election per 29-1-302(2)(b), C.R.S. General Obligation Bonds and Interest(DLG 70 Page 1 Line 3)—Enter on this line the total levy required to pay the annual debt service of all general obligation bonds. Per 29-1-301(1.7) C.R.S.,the amount of revenue levied for this purpose cannot be greater than the amount of revenue required for such purpose as specified by the provisions of any contract or schedule of payments. Title 32, Article 1 Special districts and subdistricts must complete Page 2 of the DLG 70. Contractual Obligation (DLG 70 Page 1 Line 4)-1f repayment of a contractual obligation with property tax has been approved at election and it is not a general obligation bond(shown on Line 3), the mill levy is entered on this line. Per 29-I-301(1.7) C.R.S., the amount of revenue levied for this purpose cannot be greater than the amount of revenue required for such purpose as specified by the provisions of any contract or schedule of payments. L Capital Expenditures (DLG 70 Page 1 Line 5) —These revenues are not subject to the statutory property tax revenue limit if they arc approved by counties and municipalities through public hearings pursuant to 29-1- 301(1.2) C.R.S. and for special districts through approval from the Division of Local Government pursuant to 29- 1-302(1.5) C.R.S. or for any taxing entity if approved at election. Only levies approved by these methods should be entered on Line 5. M Refunds/Abatements(DLG 70 Page 1 Line 6)—The county assessor reports on the Certification of Valuation (DLG 57 Line 11)the amount of revenue from property tax that the local government did not receive in the prior year because taxpayers were given refunds for taxes they had paid or they were given abatements for taxes originally charged to them due to errors made in their property valuation. The local government was due the tax revenue and would have collected it through an adjusted mill levy if the valuation errors had not occurred. Since the government was due the revenue, it may levy, in the subsequent year, a mill to collect the refund/abatement revenue. An abatement/refund mill levy may generate revenues up to, but not exceeding, the refund/abatement amount from Form DLG 57 Line 11. 1. Please Note: if the taxing entity is in more than one county, as with all levies, the abatement levy must be uniform throughout the entity's boundaries and certified the same to each county. To calculate the abatement/refund levy for a taxing entity that is located in more than one county,first total the abatement/refund amounts reported by each county assessor, then divide by the taxing entity's total net assessed value,then multiply by 1,000 and round down to the nearest three decimals to prevent levying for more revenue than was abated/refunded. This results in an abatement/refund mill levy that will be uniformly certified to all of the counties in which the taxing entity is located even though the abatement/refund did not occur in all the counties. " Other(DLG 70 Page 1 Line 7)—Report other levies and revenue not subject to 29-1-301 C.R.S. that were not reported above. For example: a levy for the purposes of television relay or translator facilities as specified in sections 29-7-101, 29-7-102, and 29-7-105 and 32-1-1005 (1) (a), C.R.S.; a voter-approved fire pension levy; a levy for special purposes such as developmental disabilities, open space, etc. Form DLG 70(rev 7/08) Page 4 of Hello