HomeMy WebLinkAbout20223618.tiff2022 ANNUAL REPORT
LIBERTY RANCH METROPOLITAN DISTRICT
As required by Section 32-1-207(3)(c), C.R.S. and Section VII of the District's Service Plan, the
following report of the activities of Liberty Ranch Metropolitan District (the "District") from
January 1, 2022 to December 31, 2022 is hereby submitted.
A. Boundary changes: The District did not make any boundary changes during the
reporting period.
B. Intergovernmental Agreements entered into or terminated: The District did not
enter into or terminate any Intergovernmental Agreements during the reporting
period.
C. Access information to obtain a copy of rules and regulations adopted: Not
applicable — the District has not adopted rules and regulations.
D. Summary of litigation involving the District or the District's public
improvements: To our knowledge, the District is not involved in any litigation.
E. Status of the District's construction of public improvements: The District did not
construct any public improvements during the reporting period.
F. Conveyances or dedications of facilities or improvements, constructed by the
District, to the county or municipality: The District did not convey or dedicate any
facilities or improvements to another jurisdiction during the reporting period.
G. Final assessed valuation of the District for the report year: A copy of the 2022
Certification of Valuation from the Weld County Assessor is attached hereto as
Exhibit A.
H. Current year's budget: A copy of the District's 2023 budget is attached hereto as
Exhibit B.
I. Audited financial statements for the reporting year (or application for exemption
from audit): A copy of the 2021 Audit is attached hereto as Exhibit C. The
District's 2022 Audit is in process, and will be filed upon completion.
J. Notice of any uncured events of default by the District, which continue beyond a
ninety (90) day period, under any debt instrument: To our knowledge, there are no
uncured events of default by the District which continue beyond a ninety (90) day
period.
K. Any inability of the District to pay its obligations as they come due, in accordance
with the terms of such obligations, which continues beyond a ninety (90) day
period: To our knowledge, the District has been able to pay its obligations as they
come due.
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EXHIBIT A
Certification of Valuation
Exhibit A
(01062163 DOC v.1
CERTIFICATION OF VALUATION BY WELD COUNTY ASSESSOR
Name of Jurisdiction: 1387 - LIBERTY RANCH METRO
IN WELD COUNTY ON 11/28/2022
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-I28(1),C.R.S. AND NO LATER THAN AUGUST 25, THE ASSESSOR CERTIFIES THE
TOTALVALUATION FOR ASSESSMENT FOR THE TAXABLE YEAR 2022 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 (29-1-351(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),Colo.
** 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) to 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.
$7,200,852
$8,372,140
$786,026
$7,586,114
55
SS
52
51)
52
33.08
USE FOR TABOR' LOCAL GROWTH CALCULATIONS ONLY
IN ACCORDANCE WITH THE PROVISION OF ARTICLE X, SECTION 20, COLO CONST, AND 39-5-I2I(2)(b),C.R.S. THE ASSESSOR CERTIFIES
THE TOTAL ACTUAL VALUATION FOR THE TAXABLE YEAR 2022 IN WELD COUNTY, COLORADO ON AUGUST 25, 2022
1. CURRENT YEAR'S TOTAL ACTUAL VALUE OF ALL REAL PROPERTY: @
ADDITIONS TO TAXABLE REAL PROPERTY:
2. CONSTRUCTION OF TAXABLE REAL PROPERTY IMPROVEMENTS: I
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 year's 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:
$92,271,876
55
55
55
55
55
52
52
55
55
@ This includes the actual value of all taxable real property plus the actual value of religious, private schools, and charitable real property.
I Construction is defined as newly constructed taxable real property structures.
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 County Commissioners NO LATER THAN DECEMBER 15, 2022
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.
$13,229
Data Date: 11/28/2022
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