HomeMy WebLinkAbout20243163.tiffRESOLUTION
RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD
COUNTY, COLORADO, FOR FISCAL YEAR 2025
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
2025, 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
Capital Expenditures Fund
IGS - Insurance Fund
AMOUNT
$187,124,097
14,989,914
14,970,696
81,752,687
7,802,443
Total $306,639,837
WHEREAS, the 2024 valuation for assessment for the County of Weld as certified by the
County Assessor is $19,217,838,863 for Budget Year 2025.
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 13-7 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 2025:
FUND
Gross County General Fund
Temporary Mill Levy Reduction
Net County General Fund
Public Works Fund
Social Services Fund
Capital Expenditures Fund
IGS - Insurance Fund
Total
MILL LEVY
15.819
-6.082
9.737
0.780
0.779
4.254
0.406
$304,006,993
-116,882,896
$187,124,097
14,989,914
14,970,696
81,752,687
7,802,443
15.956 $306,639,837
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1-1(0-aOa5
2024-3163
F10081
BE IT FURTHER RESOLVED by the Board that the County Assessor and the County
Treasurer of Weld County, Colorado, be, and hereby are, authorized and directed to make such
entries upon their books, at such time or times as will be necessary to make this Mill Levy
Resolution effective for the annual appropriation for Weld County, Colorado, for Fiscal Year 2025.
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 2nd day of December, A.D., 2024.
BOARD OF COUNTY COMMISSIONERS
ATTEST:
Weld County Clerk to the
BY.
Deputy CI .J k tot e
APP: aVED AS TO F(
County At orney
Date of signature: 011/42�
WELD COUNT
Sc 3Ct K James
ck, Pro-Tem
Mike Freeman
EXCUSED
Lori Saine
2024-3163
FI0081
County Tax Entity Code DOLA LGID/SID
CERTIFICATION OF TAX LEVIES for NON -SCHOOL Governments
TO: County Commissioners' of Weld County , Colorado.
On behalf of the County of Weld
(taxing entity)A
the Board of Weld County Commissioners
(governing body)$
of the County of Weld
(local govemment)C
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 19,687,440,450
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 $ 19,217,838,863
calculated using the NET AV. The taxing entity's total (NETG 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: 12/2/2024 for budget/fiscal year 2025
(not later than Dec. 15) (mm/dd/yyyy)
(yyyy)
PURPOSE (see end notes for definitions 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 $423,522,733
< 6.082> mills $ <116,882,896>
15.956
mills
$ 306,639,837
3. General Obligation Bonds and Interest' mills $
4. Contractual Obligations' mills $
5. Capital ExpendituresL mills $
6. Refunds/Abatements"' mills $
7. Other" (specify): mills $
mills $
TOTAL: Sum of General Operating
Subtotal and Lines 3 to 7
15.956
Contact person: Cheryl Pattelli, Chief Financial Daytime
(print) Officer/Direeei� of Finance
Signed: n
mills
$306,639,837
phone: ( 970) 400-4200
Kevin D. Ross, Chair
Title: Board of Weld Co. Commissioners
t 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'sAwl' certification of valuation).
2024-3163
Form DLG 70 (rev 7/08) ge 1 of 5
CERTIFICATION OF VALUATION BY WELD COUNTY ASSESSOR
Name of Jurisdiction: 0100 - WELD COUNTY
IN WELD COUNTY ON 11/18/2024 New Entity: No
USE FOR STATUTORY PROPERTY TAX REVENUE LIMIT CALCULATIONS (5.5% LIMIT) ONLY
IN ACCORDANCE WITH 39-5-121(2)(a) AND 39-5-128(1),C.R.S. AND NO LATER THAN AUGUST 25, THE ASSESSOR CERTIFIES THE
TOTALVALUATION FOR ASSESSMENT FOR THE TAXABLE YEAR 2024 IN WELD COUNTY. COLORADO
1. PREVIOUS YEAR'S NET TOTAL TAXABLE ASSESSED VALUATION:
2. CURRENT YEAR'S GROSS TOTAL TAXABLE ASSESSED VALUATION:
3. LESS TIF DISTRICT INCREMENT, IF ANY:
4. CURRENT YEAR'S NET TOTAL TAXABLE ASSESSED VALUATION:
5. NEW CONSTRUCTION: **
6. INCREASED PRODUCTION OF PRODUCING MINES: #
7. ANNEXATIONS/INCLUSIONS:
8. PREVIOUSLY EXEMPT FEDERAL PROPERTY: #
9. NEW PRIMARY OIL OR GAS PRODUCTION FROM ANY PRODUCING OIL AND GAS LEASEHOLD ##
OR LAND ( 29-1-301(1)(b) C.R.S.):
10. TAXES COLLECTED LAST YEAR ON OMITTED PROPERTY AS OF AUG. 1 (29-1-301(1))(a) C.R.S.):
11. TAXES ABATED AND REFUNDED AS OF AUG. 1 (29-1-301(1)(a) C.R.S.) and (39-10-114(1)(a)(I)(B) C.R.S.):
This value reflects personal property exemptions IF enacted by the jurisdiction as authorized by Art. X, Sec.20(8)(b),Cclo.
New construction is defined as: Taxable real property structures and the personal property connected with the structure.
# Jurisdiction must submit respective certifications (Forms DLG 52 AND 52A) io the Division of Local Government in order for the values to be treated as growth in the
limit calculation.
## Jurisdiction must apply (Forms DLG 52B) to the Division of Local Government before the value can be treated as growth in the limit calculation.
$24,037,727,539
$19,687,440,450
$469,601,587
$19,217,838,863
$186,976,850
5.5
00
SQ
$2,643,722,604
$19,837.17
$258,164.16
USE FOR 'TABOR' LOCAL GROWTH CALCULATIONS ONLY
IN ACCORDANCE WITH THE PROVISION OF ARTICLE X, SECTION 20, COLO CONST, AND 39-5-121(2)(b),C.R.S. THE ASSESSOR CERTIFIES
THE TOTAL ACTUAL VALUATION FOR THE TAXABLE YEAR 2024 IN WELD COUNTY, COLORADO ON AUGUST 25, 2024
1. CURRENT YEAR'S TOTAL ACTUAL VALUE OF ALL REAL PROPERTY: @
ADDITIONS TO TAXABLE REAL PROPERTY:
2, CONSTRUCTION OF TAXABLE REAL PROPERTY IMPROVEMENTS:
3, ANNEXATIONS/INCLUSIONS:
4. INCREASED MINING PRODUCTION:
5. PREVIOUSLY EXEMPT PROPERTY:
6. OIL OR GAS PRODUCTION FROM A NEW WELL:
7. TAXABLE REAL PROPERTY OMITTED FROM THE PREVIOUS YEAR'S TAX WARRANT:
(If land and/or a structure is picked up as omitted property for multiple years, only the most current years actual value can be reported as omitted property.)
DELETIONS FROM TAXABLE REAL PROPERTY:
8. DESTRUCTION OF TAXABLE REAL PROPERTY IMPROVEMENTS:
9. DISCONNECTIONS/EXCLUSION:
10. PREVIOUSLY TAXABLE PROPERTY:
$71,312,867,085
$1,696,432,885
SQ
SQ
$3,078,449
$3,021.397,260
SQ
$3,765,064
SQ
$11,470.906
@ This includes the actual value of all taxable real property plus the actual value of religious, private schools, and charitable real property.
! Construction is defined as newly constructed taxable real property structures.
Vo Includes production from new mines and increases in production of existing producing mines.
IN ACCORDANCE WITH 39-5-128(1),C.R.S. AND NO LATER THAN AUGUST 25, THE ASSESSOR CERTIFIES
TO SCHOOL DISTRICTS : 1. TOTAL ACTUAL VALUE OF ALL TAXABLE PROPERTY:
55
NOTE: All levies must be Certified to the Board of Counts Commissioners NO LATER THAN DECEMBER 15, 2024
IN ACCORDANCE WITH 39-5-128(1.5)C.R.S. THE ASSESSOR PROVIDES:
HB21-1312 ASSESSED VALUE OF EXEMPT BUSINESS PERSONAL PROPERTY (ESTIMATED): **
** The tax revenue lost due to this exempted value will be reimbursed to the tax entity by the County Treasurer
in accordance with 39-3-119 f(3). C.R.S.
$10,781,143
Data Date: 11/18/2024
MEMORANDUM
TO: Brenda Dones, County Assessor December 2, 2024
FROM: Kevin D. Ross, Chair Board of Weld County Commissioners
SUBJECT: 2025 Mill Levy
This is to clarify that the 6.082 temporary mill levy reduction was reduced from the General Fund
mill levy of 15.819 for a net General Fund mill levy of 9.737. The total County mill levy was 22.038,
less the 6.082 mill levy, for a net of 15.956 mills for the 2025 mill levy for Weld County.
P
Kevin D. Ross, Chair
Board of Weld County Commissioners
2023 Memo to Assessor on Mill Levy
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