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Home My WebLink About20020250.tiff f , 2002 BUDGET Sender: WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD) P. O. BOX #213 FREDERICK, COLORADO 80530-0213 Attention To: Weld County Board of Commissioners P.O. Box #758 Greeley, CO 80632 Email: wctasd@4dvision.net 303-833-2977 FAX 303-833-0660 SD �{>Se e114,501/ a.J + / f- Dt%'� 2002-0250 WELD COUNTY Till-AREA SANITATION DISTRICT PHONE: 303-833-2977 FAX: 303-833-0660 _S %-C4 401 Locust Street P. O. Box 213 Frederick, Colorado 80530 email: wctasd@4dvision.net December 13, 2001 Division of Local Government 1313 Sherman Street, Room 521 Denver, Colorado 80203 Attached is the 2002 budget for Weld County Tri-Area Sanitation District (WCTASD) in Weld County, submitted pursuant to Section 29-1-113 C.R.S. This budget was adopted on December 10, 2001. If there are any questions on the budget, please contact TerriLynn Boyll, District Administrator at 303-833-2977 and at P. O. Box #213, Frederick, Colorado, 80530. The mill levy certified to the County Commissioners is .144 mills for all general operating purposes subject to statutory and/or TABOR limitation; and .031 mills for the Temporary Tax Credit/Mill Levy Reduction, making a total of .113 mills. Based on an assessed valuation of$30,775,266 the total property tax revenue is $3,478. A copy of the certification of mill levies sent to the County Commissioners is enclosed. I, TerriLynn Boyll, District Administrator & Budget Officer, hereby certify that the enclosed is a true and accurate copy of the Adopted Budget and of the Certification of Tax Levies to the Board of County Commissioners. TerriLynn��l District Administrator and Budget Officer cc: Office of Weld County Assessor Tim Flynn, Esq. Weld County Administrative Offices Collins Cockrel& Cole 1400 N. 17th Avenue 390 Union Blvd., Suite#400 Greeley, CO 80631 Denver, CO 80228-1556 Weld County Board of Commissioners P. O.Box#758 Greeley, CO 80632 ,`�c"• l F E r,, >' Division of Property Taxation 1313 Sherman Street,Room#419 `` f r r`'. 1`b t.:. .'\c i Denver, CO 80203 .-' a ism t WELD COUNTY TRI-AREA SANITATION DISTRICT PHONE: 303-833-2977 FAX: 303-833-0660 c;.-c 4 401 Locust Street r P. O. Box 213 Frederick, Colorado 80530 email: wctasd@4dvision.net WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD) 401 Locust Street P.O. Box #213 Frederick, CO 80530 Telephone: 303-833-2977 CERTIFICATION OF BUDGET TO: THE DIVISION OF LOCAL GOVERNMENT This is to certify that the budget, attached hereto, is a true and accurate copy of the budget for Weld County Tri-Area Sanitation District (WCTASD), for the budget year ending December 31, 2002, as adopted on December 10, 2001. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of Weld County Tri-Area Sanitation District (WCTASD) in Weld County, Colorado, this 10th day of December, 2001. elenoegi TerriLynn Boyll ,..,<��. PRFq ,, <<� .. District Administrator and Budget Officer N. �.;• �.� �:. may, ® U- "Britt SIa1' 11(1 4111.-.......HiSPa OFFICE OF THE WELD COUNTY ASSESSOR PHONE (970) 353-3845, EXT 3650 FAX (970)304-6433 WEBSITE: www.co.weld.co.us C WELD COUNTY ADMINISTRATIVE OFFICES""" ^� 1400 N. 17TH AVENUE O GREELEY, COLORADO 80631 • COLORADO December 1, 2001 FINAL CERTIFICATION OF VALUATION Weld Co Tri-area Sanitation Cynthia Sullivan P 0 Box 213 Frederick, Co 80530 Ladies/Gentlemen: The purpose of this letter is to provide the final certification of value for your district for the taxable year of 2001. This final certification includes any changes from the preliminary certification you received in August. Please Send a copy of your completed levy form (form DLG 70) to the assessor's office before December 15, 2001 in order for us to compile and send our levy report to state agencies before December 22. We will provide the board of commissioners with copies of the levies. We realize this is a very short time frame and we appreciate your cooperation. Sincerely Yours, t St ley essions Weld County Assessor Enclosures SFS:jsw AMENDED CERTIFICATION OF VALUES Name of Jurisdiction: TRI AREA SAN New District: N USE FOR STATUTORY CALCULATIONS (5.5% LIMIT) ONLY In accordance with 39-5-121(2)and 39-5-128(1), C.R.S., The total Assessed Valuations for taxable year 1 In Weld County On December 1,2001 Are: Previous Year's Net Total Assessed Valuation: $ 24,013,660 Current Year's Gross Total Assessed Value t : $ 30,775,266 (-) Less TIF district increment, if any: $ 0 Current year's net total assessed valuation: $ 30,775,266 New Construction *: $ 1,798,040 Increased production of producing mine": $ 0 Annexations/Inclusions: $ 0 Previously exempt federal property": $ 0 New primary Oil or Gas production from any $ 274,941 oil and gas leasehold or land (29-1-301(1)(b) C.R.S.)***: Taxes collected last year on omitted property $ 5.05 as of AUGUST 1 (29-1-301(1)(a)C.R.S.): Taxes abated and refunded as of AUGUST 1 $ 14.52 (29-1-301(1)(a)and 39-10-114(1)(a)(I)(B)C.R.S.): t This value reflects personal property exemptions IF enacted by the jurisdiction as authorized by Art.X,Sec.20(8)(b),Colo.Constitution " New Construction is defined as:Taxable real property structures and the personal property connected with the structure. IJurisdiction must submit a certification to the Division of Local Government in order for a value to be accrued.(DLG52&52A) -risdiction must submit an application to the Division of Local Government in order for a value to be accrued.(DLG 52B) USE FOR 'TABOR' LOCAL GROWTH CALCULATIONS ONLY n Accordance with the Provision Of Article X, Section 20, Colorado Constitution, The Actual Valuations for the Taxable Year ?001 In Weld County On December 1,2001 Are: :urrent Year's Value of All Real Property*: $ 213,180,836 \DDITIONS TO TAXABLE REAL PROPERTY: $ 16,833,145 ;onstruction of taxable real property improvements ": \nnexations/Inclusions: $ 0 'creased mining production "': $ 0 'reviously exempt property: $ 113,992 iil or Gas production from a new well: $ 314,218 axable real property omitted from the prevous year's tax $ arrant.(Only the most current year value can be reported) : 0 ELETIONS FROM TAXABLE REAL PROPERTY: $ estruction of taxable real property improvements: 0 isconnection/Exclusion: $ 0 -eviously taxable property: $ 0 Thi-includes the actual value of all taxable real property plus the actual value of religious,private schools,and charitable real property. C uction is defined as newly constructed taxable real property structures. Inc.,.ides production from a new mine and increase in production of a producing mine. NOTE:All levies must be certified to the Board of County Commissioners no later than December 15, 2001. PROPERTY TAX REVENUE LIMIT CALCULATIONS WORKSHEET ("5.5%"limit in 29-1-301, C.R.S., and the TABOR limits, Art. X, Sec. 20(4)(a) and(7)(c), Colo. Const.) . The following worksheet can be used to calculate the limits on local government property tax revenue.Data can be found on the Certification of Valuations (CV) sent by the county assessor on August 25 of each year, unless otherwise noted. (Note for multi-county entities: If a taxing entity is located in two or more counties,the mill levy for that entity must be the same throughout its boundaries,regardless of county boundaries(Uniform Taxation,Article X,Section 3,Colo.Const.). This worksheet can be used by multi-county entities when the values of the same type from all counties are added together.) Data required for the "5.5%" calculation'(assessed valuations): / / / 1. Previous year's net total assessed valuation t $ 5/oc 01 io tP D 2. Previous year's revenue 2 3. Current year's total net assessed valuation $ ,50 77,26 4, 4. Current year's increases in valuation due to annexations or inclusions, if any $ 0 5. Current year increase in valuation due to new construction, if any $ /79Pago 6. Total current year increase in valuation due to other excluded property 3 $ D 7. "Omitted Property Revenue" from current year CV 8. "Omitted Property Revenue" from previous year CV 5 $ 9 9. Current year's "unauthorized excess revenue," if any 6 $ Q Data required for the TABOR calculations (actual valuations): 10. Total actual value of all real property $ 02/ 3 /Pof3( 11. Construction of taxable real property $ /h 233 /SLR 12. Annexations/Inclusions $ p 13. Increase in mining production $ p 14. Previously exempt property $ /13 q`3et. 15. Oil or gas production from new wells $ ,3/L,/02I P 16. Taxable property omitted (from current year's CV) $ p 17. Destruction of property improvements $ p 18. Disconnections/Exclusions $ O 19. Previously taxable property $ p 20. Inflation 4o % (This number,the Consumer Price Index(CPI)for the Denver-Boulder Area,will not be released by the U.S. Bureau of Labor Statistics until March of next year. Forecasts may be obtained by contacting the Division of Local Govemment(DLG)at(303)866-2156.) There will be a difference between net assessed valuation and gross assessed valuation only if there is a "tax increment financing"entity, such as a Downtown Development Authority or Urban Renewal Authority,within the boundaries of the jurisdiction. 2_ite For the "5.5%" limit only(Part A of this Form), this is the lesser of: (a)the total amount of dollars 74 levied for general operating purposes on the net assessed-MI-Caton before deducting any Temporary Tax Credit[if Form DLG 70 was used to certify levies in the previous year,this figure is on line 1.], or(b) last year's"5.5%"revenue limit. 3 Increased production of a producing mine,previously exempt federal property, or new primary oil or gas production from any oil and gas leasehold or land. NOTE: These values may not be used in this calculation until certified to,or applied for,by filing specific forms with the Division of Local Government [forms can be found in the Financial Management Manual,published by the State Auditor's Office or contact the Division of Local Government]. °Taxes paid by properties which had been previously omitted from the tax roll. This is identified on the CV as "taxes collected last year on omitted property as of Aug. 1". 5 This figure is available on the CV which you received from the assessor last year. 6 This applies only if an"Order"to reduce the property tax revenue was issued in the spring of 2001 by the Division of Local Government,pursuant to 29-1-301(6), C.R.S. Paco lt\ r ,.. _.__. A. Steps to calculate the "5.5%" Limit (refer to numbered lines on the previous page): Al. Adjust the previous year's revenue to correct the revenue base, if necessary: $ 3/-2-/ + $ 9 = $ .�/.�o Line 2 Line 8 Adjusted property tax revenue base A2. Calculate the previous year's tax rate, based pon the adjusted revenue base: $ .5/3 O _ $ m24/0/3400 Line Al Line 1 Adjusted Tax Rate r A3. Total the assessed valuation of all the current year"growth" properties: 8 $ o + $ / 79fos/o + $ o = $ / 79 704L0 Line 4 Line 5 Line 6 Total"growth"properties A4. Calculate the revenue that "growth" properties would have generated: $/ 79,0 44o X . 130 = $ a 33. 7S Line A3 Line A2 Revenue from"growth"properties 9 AS. Expand the adjusted revenue base (Line Al) by the "revenue" from "growth" properties: $ 0233, 75 + $ 3130 = $ 336 3, 75 Line A4 Line Al Expanded revenue base A6. Increase the Expanded Revenue Base (Line A5) by allowable amounts: [ $ 33!03 7s x 1.o55]t° + $ 3S 4L2 . 75 + $ O Line A5 Voter-Approved Revenue Increase 11 DLG-Approved Revenue Increase _ $ Increased Revenue Base A7. Current Year's "5.5%"Revenue Limit: $ 3418 • - $ � _ $ 3543, 75' Line A6 Line 7 Current Year's "5.5%"Revenue Limit 12 A8. Reduce Current Year's "5.5%" Revenue Limit by any amount levied over the limit in the previous year: $35<L375 - $ O = $ 35413. -7S 13 Line A7 Line 9 Reduced Current Year's"5.5%" Limit. This is the maximum allowed to be levied this year A9. Calculate the mill levy which would generate the Reduced Revenue Limit (Line A8): $ 354- 8, 75 - $ 507752 &p X 1000 = .1 is (Round to 3 decimals) Line A8 Line 3 Mill Levy 7If this number were multiplied by 1000 and rounded to three decimal places, it would be the mill levy necessary in the previous year to realize the revenue in line Al. 8The value of these properties are"excluded"from the"5.5%" limit, according to 29-1-301(1)(a)C.R.S. 9This revenue is the amount that the jurisdiction theoretically would have received had those"excluded"or "growth"properties been on the tax roll in the previous year. 10This is the"5.5"percent increase allowed in 29-1-301(1), C.R.S. ''This figure can be used if an election was held to increase property tax revenue above the"5.5%"limit. 12Rounded to the nearest whole dollar, this is the statutory("5.5%")property tax revenue limit. 13DLG will use this amount to determine if revenue in excess of the limit has been levied. Page(21 T1Tfi Sla (Rev 6/111 ' Steps to calculate the TABOR limit (refer to numbered lines on page one): B. TABOR"Local Growth" Percentage • B1. Determine net growth valuation: - $ /720 / 355 - $ O = $ /7z4 /3.5-.5— Lines 11+12+13+14+15+16 Lines 17+18+19 Net Growth Value B2. Determine the(theoretical)valuation of operty which was on the tax roll last year: $-?/x/20 /34 - $ / I-z-e/ass= $ /gS9/ 9c/f'/ Line 10 Line B1 B3. Determine the rate of "local growth": $1726 /355 _ $ /q59/g c/W1/4 . 011 (Round to 2 decimal places) Line BI Line B2 "Local Growth"Rate B4. Calculate the percentage of "l al growth": 1016 X 100 = 15 % Line B3 C. TABOR Property Tax Revenue Limit 14 Cl. Calculate the gr wth in property tax rev nue allowed: $ 3D9? X /,Z. I" % = $ 397 Line 215 Line B4 +line 20 Increase allowed C2. Calculate the TABOR property tax revenue limit: $ 309l + $ 397 = $ 3495 Line 2 Line CI TABOR Property Tax Revenue Limit C3. Calculate the mill levy which would generate the TABOR Property Tax Revenue Limit(Line C2): $ 3495' - s3091526t x 1000 = . 1/3 (Round to 3 decimal places) Line C2 Line 3 Mill Levy D. Which One To Use? There is general agreement among practitioners that the most restrictive of the two revenue limits ("5.5%" or TABOR) must be respected, disallowing the levying of the greater amount of revenue ' which would be allowed under the other limit. Therefore, one must decide which of the two limits is more restrictive. Compare Line A7(Current Year's 5.5%Revenue Limit) to Line C2 (TABOR Property Tax Revenue Limit). The lesser of the two is the more restrictive revenue limit. NOTE: TABOR(4)(a)requires prior voter approval to levy a mill levy above that of the prior year. This is a third limit on property taxes that must be respected, independent of the two revenue limitations calculated above. If the lesser of the two mill levies in A9 and C3 is more than the levy of the prior year, it is possible that neither of the revenue amounts may be generated, and that revenues must be lowered to comply with this third limit. 14This section is offered as a guideline only. The Division is required by law to enforce the"5.5%"limit, but does not have any authority to define or enforce any of the limitations in TABOR. 4, 15NOTE: For the TABOR property tax revenue limit only(Part C of this form), it may be preferable to use the actual amount levied in the previous year, ignoring footnote #2 on page 1. This a local option. DLG staff is available to discuss the alternatives. State of Colorado Statutory Property Tax Revenue Limitation Form DLG-53 Department of Local Affairs The"5.5%"Limit,29-1-301,C.R.S. Revised 1999 Division of Local Government Tax Year 2001 (Budget Year 2002) he following steps were used to calculate your limit. This form was generated on 12/12/2001,based on a 12/11/2001 calculation. The Division of Local Government encourages you to check each figure for accuracy. Part A of the Property Tax Limitations Worksheet(Form DLG-53a)may be used to perform the calculations manually and verify the figures on this form. Years referenced are "Tax Years",not budget years. Al. Adjust the 2000 revenue to correct the revenue base,if necessary: Ala.The lesser of the 2000 Revenue Limit[$3,121.00] or the 2000 Certified General Operating Revenue [$3,457.97] = $3,121.00 Alb.Line Ala [$3,121.00] + 2000 Omitted Property Revenue,if any [$9.00] =Al. $3,130.00 A2. Calculate the 2000 Tax Rate,based on the adjusted tax base: Adjusted 2000 Revenue Base [$3,130.00] = 2000 Net Assessed Value [$24,013,660.00] =A2 0.00013 A3.Total the assessed value of all the 2001 "growth" properties: Annexation or Inclusion ($0.001 + New Construction [$1,798,040.00] + Increased Production of Producing Mine [$0.00]t + Previously Exempt Federal Property [$0.00]$ + New Primary Oil&Gas Production[$0.00]$ =A3, $1,798,040.001 A4. Calculate the revenue that the "growth" properties would have generated in 2000: Line A3 [$1,798,040.00] x Line A2 [0.00013[ =A4. $233.75 A5. Expand the Revenue Base by the "revenue" from "growth" properties: Line Al [$3,130.001 + Line A4 1$233.751 =A5. $3,363.751 A6. Increase the Expanded Revenue Base by allowable amounts: (Line A5 [$3,363.75] x 105.5%) +Approved Revenue Increase ($0.00] DLG-approved increase? In Voter-approved increase? [N1 =A6. $3,548.75 A7. 2001 Revenue Limit (rounded to whole dollars.): LineA6 1$3,548.751 - 2001 Omitted Property Revenue [$5.00] =A7. $3,5441 A8.Adjust 2001 Revenue Limit by amount levied over the limit in 2000 (rounded to whole dollars.): Line A7 [$3,544.00] - 2001 Amount Over Limit [$0.00] =A8.I $3,5441 A9. Calculate the Mill Levy which would generate the Adjusted Revenue Limit(rounded to three decimal places): (Line A8 [$3,544] = 2001 Net Assessed Value [$30,775,266.00]) x 1,000 =A9.1 0.1151 Note:Rounding the mill levy up may result in revenues exceeding Line AS. NOTE: This calculation does NOT take into account any other limits that may apply to your property tax revenue, such as TABOR limits, statutory mill levy caps,or voter-approved limitations. The Property Tax Limitations Worksheet(Form DLG-53a)may be used to perform some of these calculations for comparison to the "5.5%" limit. I These amounts,if certified by your County Assessor(s),can be used in this calculation only after an application has been made to the Division. Forms and guidelines are avaliable by contacting the Division. r..a•r•�flier§ C= - 1 If you need assistance,please contact the Division of Local Government: Weld County Tri-Area Sanitation (62057 1) 401 Locust Street P. O. Box 213 Phone: (303) 866-2156 Frederick, CO 80530-0213 Fax: (303) 866-4819 E-mail: CODLG@state.co.us CERTIFICATION OF TAX LEVIES for NON-SCHOOL Governments TO: County Commissioners of Weld County, Colorado. The Board of Directors Weld County Tri-Area (governing board) of the San i t at i on Di s t.r i rt hereby certifies the following mill levies to be extended upon the GROSS *(assessed valualocal tion of $ 30, 775, 2-66 December14, 2001 Submitted this date:. . PURPOSE LEVY REVENUE 1. General operating expenses [This includes . 144 mills $ 4,432 la 'WED 2. (MINUS) Temporary property tax credit/ ( . 031 )mills $ $( 954 TempaK rtltifl 120gtrate reduction + IF4 ??ZE�k��S¢¢¢p�� 1'D 1v()1"?SYPS Y TO the General Operating Expenses levy PLEASE INDICATE HERE y, orado THVLE• O T CREDIT APPLIES: ///‘((& . 113 mills $ 3 , 478 3. General obligation bonds and interest [Special Districts must certify separately for each debt pursuant to 32-1-1603,C.R.S.;see back of this form.] mills $ 4. Contractual obligations approved at election mills $ 5. Capital expenditures [These revenues are not subject to the mills $ statutory property tax revenue limit if they are approved by counties and municipalities through public hearing 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 entity if approved at election.] 6. Refunds/Abatements mills $ 7. Other(specify): mills $ [These revenues are for purposes not indicated above in#1 through#6 and are not subject to the statutory property tax revenue limit.] TOTAL 113 mills $ 3, 478 NOTE: Certification must be carried to three decimal places only. NOTE: If you certify to more than one county, you must certify the same levy fa each county '-, NOTE: If your boundaries extend into more than one county, please list all countries here: - ter, - TerriLy n Boyll/Administ t r ( 303 t `•3-2977 Contact person: ariime phone: ( � �'/J//� -, .••is I D '. / ,. Signed: �� / / Title WCTASD Board WCTASD Board of D2Yedbdrs Attach one completed copy of is form to your adopted 2002 budget and mail to the Division of Local Government, Room 521, 1313 Sherman Street, Denver, Colorado 80203, (303) 866-2156. Page 1 of 2 *As reported by County Assessor in final certification; use NET Assessed Valuation to calculate any levy. FORM DLG 70 (rev. 6/01) CERTIFICATION OF TAX LEVIES, continued THIS APPLIES ONLY TO SPECIAL DISTRICTS (TITLE 32, ARTICLE 1) WHICH LEVY TAXES FOR PAYMENT OF GENERAL OBLIGATION DEBT (32-1-1603 C.R.S.). Special District must certify separate mill levies and revenues tothe Board of County Commissioners, one each for the funding requirements of each debt (32-1-1603, C.R.S.) Total should be recorded on page 1, line 3. CERTIFY A SEPARATE MILL LEVY FOR EACH BOND OR CONTRACT: BONDS: 1. Purpose of Issue: Series: Date of Issue: Coupon Rate: Maturity Date: Levy: Revenue: 2. Purpose of Issue: Series: Date of Issue: Coupon Rate: Maturity Date: Levy: Revenue: CONTRACTS: 3. Purpose of Contract: Title: Date: Principal Amount: Maturity Date: Levy: Revenue: 4. Purpose of Contract: Title: • Date: Principal Amount: Maturity Date: Levy: Revenue: Page 2 of 2 FORM DLG 70 (rev.6/01) WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD) P.O. BOX #213, 401 LOCUST STREET FREDERICK, COLORADO 80530 TerriLynn Boyll/District Administrator and Budget Officer Telephone: 303-833-2977 Fax: 303-833-0660 E-mail: wctasd(a,4dvision.net ANNUAL BUDGET JANUARY 1, 2002 through DECEMBER 31, 2002 2000 2001 2002 VALUATION $19,496,600 $24,013,660 $30,775,266 MILL LEVY .144 .144 .144 GENERAL PROPERTY TAX $2,814 $3,458 $4,432 (Minus)Termporary Property Tax .015 .031 credit/Temporary Mill Levy reduction (360.00) (954.00) TOTAL MILL LEVY .129 .113 TOTAL GENERAL PROPERTY TAX $2,814 $3,098 $3,478 BUDGET ADOPTED, this 10th day of December, A.D. 2001 Attest: Anthon Onorato, Jr. WCTASD Board Presi ent a ; it; g. _ 1G� ' /UY IDistrief Se®1j.c WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD) P. O. BOX #213, 401 LOCUST STREET FREDERICK, COLORADO, 80530 2002 BUDGET MESSAGE The attached 2002 Budget for Weld County Tri-Area Sanitation District (WCTASD) includes several important features. The District is a "Colorado Special District", organized and existing pursuant to the provisions of the Special District Act, Title 32, C.R.S. Its governmental functions are subject to the provisions of Article X, Section 20, of the Colorado Constitution. The annual budget for the year beginning January 1, 2002 and ending December 31, 2002, is prepared in accordance with Local Government Budget Laws of Colorado as required for Title 32 Special Districts. The books and records are maintained on the accrual basis of accounting. The revenues are recognized when they are earned and the expenses are recognized when they are incurred. The accounts of the District are organized and presented in accordance with generally accepted accounting principles as applied to a governmental unit operated as an Enterprise Fund. Enterprise Fund accounting is used to account for the operations of governmental units, which are financed and operated in a manner similar to private business enterprises. This District has two separate Enterprise Funds; Sanitary Sewer and Storm Drainage. The District' financial statements for the year of 2000 were audited by Watkins and Schommer, of Greeley. The District has engaged Watkins and Schommer to perform the 2001 audit of the District's financial statements. All reserve fund balances are invested within COLOTRUST accounts (General, Drainage, Plant Improvements) or deposited within an interest bearing money market or checking account at Valley Bank and Trust, in Frederick. The 2002 budget adopted lowers the General operating tax levy to 0.113 mills. This is due to the Tabor and 5.5% Statutory Property Tax calculations. The wastewater and storm drainage functions of the District shall be considered an Enterprise during 2002 and shall be operated in accordance with the requirement of such status, as set forth in Article X, Section 20, of the Colorado Constitution, and Section 37-4.5-101, et seq., C.R.S. Resolution No. 96-9 to recognize "Enterprise" status is filed at the District office. 2002 BUDGET MESSAGE page 2 of 2 The budget includes the maintenance of the sewer plant lagoon system, existing service lines and including funds for increased monitoring of sanitary sewer lines for breakage and deterioration. The District is also working on a ten-year "Master Plan" for plant expansion. Also included are funds to maintain storm drainage channels on the outskirts of the District limits. The District also plans a major drainage project in 2001/2002 to provide the Tri-Town communities with improved storm drainage protection. Service fees are collected at$4.00 per month, per single family equivalent for this purpose. The District also collects $650.00 for each new sewer tap to work on the storm drainage project. This District is participating with a regional drainage group, SouthWest Weld Drainage Authority, and has been successful in seeking outside funding for the storm drainage project. The following goals are an information outline and are not listed in any priority level: #1) Continue to maintain the Plant Improvement/Investment (TAP fee fund) for future growth and/or expansion. The District is working on a ten- - year Master Plan for plant expansion. #2) Continuing with a five-year maintenance plan for our main sewer collection lines. This will include root removal, repairing lines, repair or replacement of cracked lines. #3) Continue flood control maintenance for perimeter flood ditches. #4) Continue flood control improvements according to drainage studies. #5) Beginning construction of the WCTASD/Frederick Park detention project for completion by 12/31/2002. #6) Beginning construction of a new 12"sewer line on the southern and western borders of the detention project, while assisting Dacono Sanitation District in construction of a new 8" line, north of HWY52 going north to the detention project #7) Continue participation in the SouthWest Weld Drainage Authority , IGA in process #8) Continue to assist CDOT engineering of the detention project off I-25 and WCR 18. Weld County Tri-Area Sanitation District 2002 BUDGET AUDITED 2001 2002 SEWER ENTERPRISE FUND 2000 BUDGET BUDGET REVENUES 12/31/00 end bal as of 12111/01 Beginning CASH Balance $1,023,312 $1,023,312 $1,194,814 OPERATING REVENUES 3100 SEWER SERVICE CHARGES $176,058 $172,800 $200,000 3200 SEWER TAP/IMPACT FEES $621,891 $600,000 $300,000 3300 INSPECTION FEES $4,600 $8,000 $4,000 3400 MISC CHARGES with#4400 $2,000 - 3500 COMMERCIAL ACCT FEES with#3100 $2,000 $1,500 TOTALS $802,549 $784,800 $505,500 NON-OPERATING REVENUES 4100 CONTRACT TREATMENT FEE-DSD payments $52,823 $45,000 $50,000 4200 INTEREST EARNED $55,408 $30,000 $45,000 4300 DEVELOPERS FEE REIMBURSEMENT $19,054 $30,000 $12,000 4400 MISC CHARGES $2,455 $500 $2,000 TOTAL $129,740 $105,500 $109,000 GRAND TOTAL REVENUE $932,289 $890,300 $614,500 GRAND TOTAL including CASH $1,955,601 $1,913,612 $1,809,314 AUDITED 2001 2002 EXPENSES 2000 BUDGET BUDGET SANITATION SEWER LINES 6320 LINE REPAIR $25,326 $70,000 $70,000 6400 SANITATION SEWER CONNECTS $0 $10,000 - $25,326 $80,000 $70,000 SEWER TREATMENT PLANT 6510 SALARIES-WAGES $33345 $40,400 $38,000 6520 WAGES-Temporary help $5,000 6590 WORKERS COMP $1,471 $2,300 $455 6600 OPERATING EXPENSE-DSD shared cost $87,668 $75,000 $75,000 6610 UNIFORM EXPENSE $379 $200 $200 6630 DISCI-(ARG PERMIT $1,551 $2,000 $1,551 6670 CAPITAL OUTLAY - $150,000 - 6680 PLANT PROPERTY IMPROVEMENTS $4,500 $300,000 - $128,914 $569,900 $120,206 ADMINISTRATION 7010 WAGES SALARY-CLERK&ADMINISTRATOR $45,299 $52,000 $58,800 7020 SALARY-TEMP CLERK with#7010 $8,000 $2,000 7030 EMPLOYEE BONUSES&RETIREMENT PLAN - - $2,500 7100 SALARY-DIRECTOR $6,075 $6,000 - 7140 FICA PAYROLL TAXS $6,840 $6,600 $9,000 7150 MEDICARE P/R TAXS with#7140 $1,550 with#7140 ADMINISTRATION-continued 7200 WORKERS COMP $173 $200 $910 7250 UNEMPLOYMENT INS $243 $600 $300 7280 EMPLOYEE HEALTH INS $6,384 $16,000 $15,000 7300 ATTORNEY-SEWER&GENERAL $31,884 $30,000 $25,000 7400 AUDITOR with#7300 $1,650 $2,650 7420 OFFICE&SEWER COMPUTER SOFTWARE MAINT $1,402 $12,500 $4,000 7440 ADMIN OFFICE TELEPHONE $782 $2,400 $2,500 7450 ADMIN OFFICE UTILITIES - - $750 7500 INSURANCE-DISTRICT LIABILITY $3,990 $6,000 $7,000 7700 ADMIN OFFICE RENT $3,900 $4,200 $4,800 7750 OFFICE EQUIPMENT with#7760 $5,000 $5,000 7760 OFFICE EQUIPMENT REPAIR&MAINTENANCE $1,101 $500 $1,500 7770 OFFICE SUPPLIES $3,505 $3,000 $2,500 7780 DUES-MEMBERSHIPS-DONATIONS $3,527 $2,500 $2,500 7790 POSTAGE $1,200 7800 ELECTION EXPENSE $4,606 $1,000 $1,000 7850 MISC OFFICE $5,485 $4,000 $4,000 7900 EDUCATION EXPENSE $1,000 $2,000 $125,196 $164,700 $154,910 ENGINEERING 8050 ENGINEERING EXPENSE-sewer $96,160 $50,000 $60,000 8060 DEVELOPER ENGINEERING REIMBURSEMENTS with#8050 $25,000 $30,000 - $96,160 $75,000 $90,000 EQUIPMENT 8250 EQUIPMENT EXPENSE $0 $5,000 with#6600 8300 REPAIR OF EQUIPMENT $0 $1,500 with#6600 $0 $6,500 $0 NOTE PAYMENTS 8560 STATE LOAN#1 $26,967 $0 - 8580 STATE LOAN#2 with#6560 $0 - 8600 BOND PAYMENT FEES $0 $0 - $26,967 $0 $0 CAPITAL OUTLAY(improvements-equipment 8 land) 8710 PLANT IMPROVEMENTS $12,461 $0 $30,000 8720 PLANT SEWER EQUIPMENT $0 $25,000 $25,000 8730 PLANT LAND ACQUISITION $0 $500,000 $100,000 8740 UTILITY EXPENSE(easements&etc.) $0 $0 $20,000 8760 NEW LINES&MANHOLE&CONNECTIONS $302,080 $0 $200,000 8780 OFFICE EQUIPMENT $5,043 $2,000 - $319,584 $527,000 $375,000 CONTINGENCY 8840 CONTINGENCY $0 $25,000 $50,000 $0 $25,000 $50,000 TOTAL EXPENSES $722,147 $1,448,100 $860,116 (income-expenses) ENDING BALANCE $1,233,454 $465,512 $949,198 GRAND TOTAL BUDGET $1,955,601 $1,913,612 $1,809,314 AUDITED 2001 2002 DRAINAGE ENTERPRISE FUND 2000 BUDGET BUDGET REVENUES 12/31/00 end bal as of 12/11/01 Beginning CASH Balance $116,649 $261,109 OPERATING REVENUES 3150 DRAINAGE SERVICE FEES $63,299 3175 DRAINAGE TAP/IMPACT FEES $57,650 $130,000$76,800 $76800 6 $65,000 3160 DEVELOPERS FEE REIMBURSEMENT _ _ 3170 CWCB LOAN _ $2,000 3180 DOLA GRANT $1.500,000 $215,478 TOTAL $120,949 $323,449 $2,120,387 EXPENSES 6010 SALARIES WAGES $4,320 •6090 WORKERS COMP $4,320 $10,000 $0 $245 $150 6120 DRAINAGE MAINTENANCE $2,791 $50,000 $5,000 6150 DRAINAGE STUDY $0 $0$0 7350 DRAINAGE LEGAL $0 $2,433 $10,000 $5,000 8070 STORM DRAIN ENGINEERING $0 $30,000 CAPTIAL OUTLAY $10,000 CAPITAL OUTLAY $40,167 $0 _ Detention Pond Engineering _ Detention Pond Legal — $200,000 $3,000 Detention Pond Construction _ CWCBDebtSericeReserveAccount-MM — $1,750,000 CWCB Loan-Accrued Enterest $75,000 NOTE PAYMENTS 2000 STATE LOAN#1 - $47,488 2000 STATE LOAN#2 _ $50,090 RESERVE FOR LINES _ $9,758 TOTAL EXPENSES $49,711 $201,901 $2,058,150 (income-expenses)ENDING BALANCE $71,238 $121,548 $62,237 TOTAL BUDGET $120,949 $323,449 $2,120,387 AUDITED 2001 2002 GENERAL FUND BUDGET 2000 BUDGET BUDGET REVENUES as of 12/11/01 Beginning CASH balance $6,452 $3,316 5100 GEN.PROPERTY TAX-LEVY $3,149 $3,100 $3,478 TOTAL REVENUE $3,149 $9,552 $6,794 EXPENSES 8910 SALARY-DIRECTOR $6,000 8920 CERT FEES TO WELD CTY $989 $3,600 8930 EMERGENCY RESV $0 $1,500 $105 TOTAL EXPENSES $989 $5,100 $6,105 (income-expenses)ENDING BALANCE $2,160 $4,452 $689 TOTAL BUDGET $3,149 $9,552 $6,794 WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD) RESOLUTION 01 - 5 TO ADOPT BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND ADOPTING A BUDGET FOR THE WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD), FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2002, AND ENDING ON THE LAST DAY OF DECEMBER, 2002. WHEREAS, the Board of Directors of the Weld County Tri-Area Sanitation District, Colorado has appointed TerriLynn Boyll, District Administrator to prepare and submit a proposed budget to said governing body at the proper time; and WHEREAS, TerriLynn Boyll, Administrator to the District has submitted a proposed budget to this governing body on October 15, 2001, 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 December 10, 2001, and interested taxpayers were given the opportunity to file or register any objections to said proposed budget, and; WHEREAS, whatever increases may have been made in the expenditures, like increases were added to the revenues or planned to be expended from reserves and fund balances so that the budget remains in balance, as required by law. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WELD COUNTY TRI-AREA SANITATION DISTRICT, COLORADO: Section 1. That the budget as submitted, amended, and summarized by fund, hereby is approved and adopted as the budget of the Weld County Tri-Area Sanitation District for the year stated above. Section 2. That the budget hereby approved and adopted shall be signed by the WCTASD Board President and made a part of the public records of the District. ADOPTED, this 1001 day of December, A. D. 2001. Attest: dna/ Anthon Onorato, Jr ` WCTASD Board President 'District Seal WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD) RESOLUTION 01 - 6 TO SET MILL LEVY A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2002, TO HELP DEFRAY THE COSTS OF GONVERNMENT FOR THE WELD COUNTY TRI-AREA SANITATION DISTRICT, COLORADO, FOR THE 2002 BUDGET YEAR. WHEREAS, the Board of Directors of the Weld County Tri-Area Sanitation District, Colorado has adopted the annual budget in accordance with the Local Government Budget Law, on December 10, 2001. WHEREAS, the amount of money necessary to balance the budget for general operating purposes for property tax revenue is $3,478. WHEREAS, the 2002, valuation for assessment for Weld County Tri-Area Sanitation District as certified by the County Assessor is $30,775,266. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WELD COUNTY TRI-AREA DISTRICT, COLORADO: Section #1. That for the purpose of meeting all general operating expenses of the Weld County Tri-Area Sanitation District during the 2002 budget year, there is hereby levied a tax of 0.144 mills with a temporary property tax credit/temporary mill levy reduction of 0.031 mills totaling 0.113 mills upon each dollar of the total valuation fro assessment of all taxable property within the District for the year 2002. Section #2. That the President of the WCTASD Board of Directors is hereby authorized and directed to immediately certify to the County Commissioners of Weld County, Colorado, the mill levies for the Weld County Tri-Area Sanitation District as here in above determined and set based upon the final December 1, 2001 certification of valuation from the County Assessor. ADOPTED this 10th day of December, of A.D. 2001 Attest Anthony orato, J f WCTASD Board President District Se& WELD COUNTY TRI-AREA SANITATION DISTRICT (WCTASD) RESOLUTION 01 - 7 TO APPROPRIATE SUMS OF MONEY A RESOLUTION APPROPRIATING SUMS OF MONEY TO THE VARIOUS FUNDS AND SPENDING AGENCIES, IN THE AMOUNT AND FOR THE PURPOSE AS SET FORTH BELOW, FOR THE WELD COUNTY TRI-AREA SANITATION DISTRICT, COLORADO, FOR THE 2002 BUDGET. WHEREAS, the Board of Directors of Weld County Tri-Area Sanitation District, Colorado has adopted the annual budget in accordance with the Local Government Budget law, on December 10, 2002 and; WHEREAS, the Board of Directors 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 purpose described below, thereby establishing a limitation on expenditures for the operations of the District. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WELD COUNTY TRI-AREA SANITATION DISTRICT, COLORADO: - Section 1. That the following sums are hereby appropriate from the revenues of each fund, to each fund, for purposes stated: SANITARY SEWER ENTERPRISE FUND GENERAL FUND Sanitation Sewer Lines $ 70,000 District Director Salaries $ 6,000 Sewer Treatment Plant 120,206 Emergency 3% Reserve 105 Administration 154,910 Engineering 90,000 TOTAL GENERAL FUND $ 6,105 Capital Outlay 375,000 Contingency 50,000 TOTAL ENTERPRISE FUND $ 860,116 DRAINAGE ENTERPRISE FUND Drainage Maintenance $ 5,000 Administration 10,150 Legal and Engineering 15,000 Detention Project 1,953,000 CWCB Debt Service 75,000 TOTAL ENTERPRISE FUND $ 2,058,150 ADOPTED this 10th day December, A.D. 2001 Attest: `- Anthony orato, Jr. e. WCTASD Board President {District Seal Hello