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HomeMy WebLinkAbout720530.tiff Regional Trans(` tation District 56 Steele Street Denver,Colorado 80206 303/399-8140 October 9, 1972 IIlir C. Board of County Commissioners Weld County Court House Greeley, Colorado 80631 Gentlemen: Transmitted herewith are: 1. The Regional Transportation District Certification of Tax Levy, as determined by the District's Treasurer, of .35 mills for the year 1972 for that portion of Weld County included in the District, as provided for in House Bill 1055, passed by the 1970 General Assembly. 2. Regional Transportation District Resolution No. 10, Series of 1972, adopting the budget for 1973. 3. Regional Transportation District Resolution No. 11, Series of 1972, appropriating funds for the year 1973. 4. Regional Transportation District Resolution No. 12, Series of 1972, authorizing the Treasurer of the District to certify a mill levy. All correspondence, tax monies, and inquiries should be sent to: Regional Transportation District 56 Steele Street Denver, Colorado 80206 Sincerely,cWMAA1.44 Har L. Parrish, Jr. Executive Director /11a enclosures xc H. H. Hansen, Assessor 720530 --- JNAL TRANSPORTATION DISTRICT Resolution No. 10, Series of 1972 WHEREAS, pursuant to the Local Government Budget Law of Colorado, the Regional Transportation District designated .and appointed its Chairman of the Budget and Finance Committee to prepare and submit to the District a proposed budget for the fiscal year beginning January 1, 1973 and ending December 31, 1973; and WHEREAS, the Chairman of the Budget and Finance Committee of the Regional Transportation District did prepare a proposed budget and submit same to the District on July 21, 1972, and the District caused a copy of said budget to be filed 1n the office of the Regional Transportation District, 56 Steele Street, Denver, Colorado on July 24, 1972, where same was made available for public inspection; and WHEREAS, a notice as to proposed budget was published by the District in each county within the District, and a public hearing was held on said budget this 24th day of August, 1972, NOW, THEREFORE, BE IT RESOLVED that the proposed Budget for the fiscal year commencing January 1, 1973 and ending December 31, 1973, attached hereto, be and it is hereby adopted by the Board of Directors of the Regional Transportation District as its Budget for the calendar year 1973. BE IT FURTHER RESOLVED that the Treasurer of the District cause a certified copy of said budget to be filed in the office of the Division of Local Govern- ment, State of Colorado, as required by law. Passed and adopted by the Board of Directors of the Regional Transportation District on the 24th day of August, 1972. 'CZAjasi_z Secretary r- • • REGIONAL 'TRANSPORTATION DISTRICT GENERAL FUND BUDGET - 1973 Adopted August 24, 1972 1971 Actual 1972 1973 Revenue Budget Budget Ad Valorem Tax $1,343,623 $1,241,153 $1,249,938 Less: Treasurers' Fees (16,000) (16,624) Net Tax Revenue $1,225,153 $1,233,314 t / MITA Technical Studies Grant $ 267,722 615,650* -0- DMTA Demo "B" Grant -0- 100,000 -0- Investment Income 8,785 6,000 10,000 Other 339 -0- -0- Fund Balance -0- 138,068 499,036 Total Revenue $1,620,469 $2,084,871 $1742,350 *Revised May 25, 1972 ( • , RI •)NAL TRANSPORTATION DISTRIC GENERAL FUND BUDGET - 1973 Adopted August 24, 1972 1971 Actual 1972 1973 Expenses Budget* Budget CURRENT EXPENSE Personal Services Administrative Salaries $ 95,901 $ 149,796 $ 232,000 Office Salaries 17,951 32,400 31,100 Employee Benefits 14,189 32,796 41,000 Payroll Expense 3,855 6,500. 10,500 Directors' Fees 12,600 12,600 12,600 Total Personal Expense $ 143,996 $ 234,092 $ 327,200 Services Audit Fees $ 2,445 $ 2,500 $ 2,500 Accounting Fees 873 2,500 -0- Legal Fees 16,150 25,000 50,000 Technical Services 845,170 1,618,100 619,400 Total Services $ 864,638 $ 1,648,100 $ 671,900 Other Expense Election Expense $ -0- $ -0- $ 185,000 Local Comtmt, for UMTA Demo Prjt. -0- -0- 200,000 L.) Public Information 16,886 77,500 185,000 Insurance 546 1,200 1,000 Bond Premiums -0- 250 250 Office Expense 14,424 24,000 50,200 Rent 12,000 26,100 26,100 Recruitment Expense -0- -0- -0- Transportation 9,270 25,000 26,400 Dues and Subscriptions 2,953 4,000 4,000 Equipment Rent & Maintenance 4,149 9,400 12,300 Miscellaneous Expense -0- -0- -0- Contingencies -0- 21,577 45,000 Total Other Expense $ 65,303 $ 189,027 $ 735,250 TOTAL CURRENT EXPENSE $ 1,073,937 $ 2,071,219 $ 1,734,350 CAPITAL OUTLAYS Library & Educational Eqpt. $ 866 $ 4,700 $ 3,000 Office Furniture & Equipment 10,179 5,840 4,000 Motor Vehicle -0- 2,500 500 Contingencies ' ' 141 612 500 TOTAL CAPITAL OUTLAYS $ 11,186 $ at $ 8,000 DEBT SERVICE Interest on Tax Antic. Notes $ 2,240 -0- -0- i _. i TOTAL DEBT SERVICE $ 2,240 -0- -0- TOTAL EXPENSE $ 1,087,363 $ 2,084,871 $ 1,742,350 *As Amended May 25, 1972 /eP REGIONAL TRANSPORTATION DISTRICT Resolution No. 11, Series of 1972 • BE IT RESOLVED that the following sums of money, or as much thereof as may be needed or deemed necessary to defray all expenses and liabilities of the Regional Transportation District be and the same are hereby appropriated for the corporate purposes and objects of the District hereinafter specified for the fiscal year commencing on the first day of January, 1973, and ending on the 31st day of December, 1973. For General Government $ 1,734,350 For Capital Outlay $ $ 000 s Passed and adopted by the Board of Directors of the Regional Trans- portation District on the 24th day of August, 1972. 9c. C - ' an Secretary lam^ REGIONAL TRANSPORTATION DISTRICT Resolution No. 12, Series of 1972 BE IT RESOLVED that upon receipt of certifications from the County Assessors of All of the counties within the Regional Transportation District and from the City and County of Denver of the total valuation of assessable property within the District, the Treasurer of the Regional Transportation District shall, and he is hereby directed to, certify to the counties of the District and the City and County of Denver a mill levy, expressed in hundredths of a mill, which when multiplied by the said total valuation of assessable property within the District shall equal the closest amount in excess of 1,249,938 Dollars, which mill levy be and the same is hereby fixed as the 1972 rate of levy for the Regional Transportation District. Passed and adopted by the Board of Directors of the Regional Transportation District this 24th day of August, 1972. rman Secretary CERTIFICATION OF TAX LEVY T0: County Commissioners of Weld County, Colorado This is to certify that the tax levy to be assessed by you upon all property in that portion of Weld County included in the Regional Transportation District for the year 1972 is .35 mills . The revenue derived from said levy is to be used for the purpose of paying the expenses of the Regional Transportation District, and you are hereby authorized and directed to extend said levy upon your tax list. This is to further certify that attached hereto are true and correct copies of Resolutions No. 10, 11 and 12, adopting the 1973 budget, appropriating these funds , and authorizing the Treasurer of the District to certify a mill levy. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Regional Transportation District, this 10th day of October, 1972. ta> / Treasurer / Hello