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HomeMy WebLinkAbout20223452.tiffRESOLUTION RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD COUNTY, COLORADO, FOR FISCAL YEAR 2023 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 2023, 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 $ 149, 369, 003 15,000,000 13,101, 560 65, 000, 000 25,000,000 5,000,000 $ 272,470,563 WHEREAS, the 2021 valuation for assessment for the County of Weld as certified by the County Assessor is $18,118,803,231 for Budget Year 2023. 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 2023: FUND Gross County General Fund Temporary Mill Levy Reduction Net County General Fund Public Works Fund Social Services Fund Contingency Fund Capital Expenditures Fund IGS - Insurance Fund MILLS 15.244 -7.000 8.244 0.828 0.723 3.587 1.380 0.276 15.038 REVENUE $ 276,200,625 -126,831,622 $149,369,003 15, 000, 000 13,101, 560 65,000,000 25,000,000 5,000,000 $ 272,470,563 II (Dcz, Tb, cp), Ask 6w) /Rfic2 /ate 2022-3452 FI0077 RE: SET MILL LEVY, 2023 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 2023. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 12th day of December, A.D., 2022. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: Weld County Clerk to the co BY: .rcfk Scott K. James, Chair Mi man, Pro-Te APP' �VED AS TO •RM ' orney Date of signature: la//.271%2C__ 2022-3452 F10077 County Tax Entity Cede DOLA LGID/SID CERTIFICATION OF TAX LEVIES for NON -SCHOOL Governments TO: County Commissioners' of Weld County On behalf of the County of Weld (taxing entity)A the Board of Weld County Commissioners of the County of Weld (governing body)B (local government) Hereby officially certifies the following mills to be levied against the taxing entity's GROSS $ 18,118,803,231 assessed valuation of: Note: If the assessor certlied a NET assessed valuation (AV) different than the GLOSS AV due to a Tax Increment Financing (TIF) Area' the tax levies must be $ 18,118,803,231 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: 12/12/2022 (not later than Dec. 15) (mm/dd/yyyy) , Colorado. (GROSSE assessed valuation, Line 2 of the Certification of Valuation Form DLG 57E) for budget/fiscal year 2023 (yyyy) PURPOSE (see encl`notes for definitions and examples) 1. General Operating Expenses° 2. <Minus> Temporary General Property Tax Credit/ Temporary Mill Levy Rate Reduction' SUBTOTAL FOR GENERAL OPERATING: 3. General Obligation Bonds and Interest' 4. Contractual Obligations" 5. Capital ExpendituresL 6. Refunds/Abatements"' 7. OtherN (specify): LEVY' REVENUE2 22.038 mills $399,302,185 < 7.000> mills $ <126,831,622> 15.038 mills $ 272,470,563 mills $ mills $ mills $ mills $ mills $ mills $ TOTAL: [SumofaGeneralOperating7 1 L L Subtotal and Lines 3 to 7 J Contact person: (print) Signed: Dmatald Ward 15.038 mills $272,470,563 Daytime phone: ( 970) 400-4218 Scott James, Chair Title: Board of Weld Co. Commissioners 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 anal certification of valuation). 2022-3452 Form DLG 70 (rev 7/08) Page I of 5 MEMORANDUM TO: Brenda Dones, County Assessor December 12, 2022 FROM: Scott James, Chair Board of Weld County Commissioners SUBJECT: 2023 Mill Levy This is to clarify that the 7.000 temporary mill levy reduction was reduced from the General Fund mill levy of 15.244 for a net General Fund mill levy of 8.244. The total County mill levy was 22.038, less the 7.000 mill levy, for a net of 15.038 mills for the 2023 mill levy for Weld County. Scott James, Chair Board of Weld County Commissioners 2021 Memo to Assessor on Mill Levy Hello