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HomeMy WebLinkAbout20213457.tiffRESOLUTION RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD COUNTY, COLORADO, FOR FISCAL YEAR 2022 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 2022, 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 $ 109, 869, 581 15, 000, 000 12,107,537 0 39, 000, 000 4,000,000 $ 179,977,118 WHEREAS, the 2020 valuation for assessment for the County of Weld as certified by the County Assessor is $11,968,155,218 for Budget Year 2022. 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 2022: 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 16.180 -7.000 9.180 1.253 1.012 0.000 3.259 0.334 REVENUE $ 193,646,668 -83,777,087 $109,869,581 15, 000, 000 12,107, 537 0 39, 000, 000 4,000,000 15.038 $ 179, 977,118 Ca: FI(au'i/solcp), ASRCImx) ►a./2I /2I 2021-3457 FI0075 RE: SET MILL LEVY, 2022 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 2022. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 15th day of December, A.D., 2021. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: Weld County Clerk to the Board BY: APP Count Attorney Date of signature: 1 2/(512 air Steve ames, Pr Perry L. ',duck ,• oreno 2021-3457 FI0075 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 of the County of Weld (governing body)B (local govemment)C Hereby officially certifies the following mills to be levied against the taxing entity's GROSS $ 11,968,155,218 assessed valuation of: (GROSSD 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 $ 11,968,155,218 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: 12/15/2021 for budget/fiscal year 2022 (not later than Dec. 15) (mm/dd/yyyy) (yyyy) 1. PURPOSE (see end notes for definitions and examples) LEVY2 REVENUE2 General Operating ExpensesH 2. <Minus> Temporary General Property Tax Credit/ Temporary Mill Levy Rate Reduction' SUBTOTAL FOR GENERAL OPERATING: 22.038 mills $263,754,205 < 7.000> mills $ <83,777,087> 15.038 mills 3. General Obligation Bonds and Interest' mills 4. ContractualObligations't mills 5. Capital Expenditures' mills 6. Refunds/AbatementsM mills 7. OtherN (specify): mills mills $ 179,977,118 TOTAL; r Sum of General Operating L Subtotal and Lines 3 to 7 J 15.038 mills $179,977,118 Contact person: Daytime (print) Donald Warden phone: ( 970) 400-4218 Steve Moreno, Chair Signed: 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 final certification of valuation). 2021-3457 Form DLG 70 (rev 7/08) Page 1 of 5 MEMORANDUM TO: Brenda Dones, County Assessor December 15, 2021 FROM: Mike Freeman, Chair Board of Weld County Commissioners SUBJECT: 2022 Mill Levy This is to clarify that the 7.000 temporary mill levy reduction was reduced from the General Fund mill levy of 16.180 for a net General Fund mill levy of 9.180. The total County mill levy was 22.038, less the 7.000 mill levy, for a net of 15.038 mills for the 2022 mill levy for Weld County. Mr" --L.#2, Steve Moreno, Chair Board of Weld County Commissioners 2021 Memo to Assessor on Mill Levy Hello