HomeMy WebLinkAbout20203699.tiffRESOLUTION
RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD
COUNTY, COLORADO, FOR FISCAL YEAR 2021
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
2021, 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
$ 107, 521,153
20, 000, 000
12,226,460
47,500,000
34,300,000
3,500,000
$ 225,047.613
WHEREAS, the 2020 valuation for assessment for the County of Weld as certified by the
County Assessor is $14,965,262,185 for Budget Year 2021.
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 2021:
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
14.185
-7.000
7.185
1.336
0.817
3.174
2.292
0.234
15.038
REVENUE
$ 212,277,988
-104,756,835
$107,521,153
20,000,000
12,226,460
47,500,000
34,300,000
3,500,000
$ 225. 47,613
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2020-3699
Fl0073
RE: SET MILL LEVY, 2021
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 2021.
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 14th day of December, A.D., 2020.
ATTEST:
Weld County Clerk to the
Deputy C
AP •D AS
County Attorney
Kevin D. Ross
Date of signature: 421/ 41z
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
Mike Freeman, Chair
Steve Moreno, P -Tem
2020-3699
FI0073
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)B
of the County of Weld
(local government)
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 15,280,801,860
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) Area' the tax levies must be $ 14,965,262,185
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:
(not later than Dec. 15)
12/14/2020
(mm/dd/yyyy)
for budget/fiscal year 2021
(yyyy)
1
PURPOSE (see end notes for definitions and examples)
LEVY2 REVENUE2
General Operating Expenses"
2. <Minus> Temporary General Property Tax
Credit/ Temporary Mill Levy Rate Reduction'
SUBTOTAL FOR GENERAL OPERATING:
22.038 mills $329,804,448
< 7.000> mills $ <104,756,835>
15.038
mills
$ 225,047,613
3. General Obligation Bonds and Interests mills $
4. Contractual Obligations" mills $
5. Capital Expenditures" mills $
6. Refunds/Abatements" mills $
7. Other" (specify): mills $
mills $
TOTAL; Sum of General Operating
Subtotal and Lines 3 to 7
Contact person:
(print)
Signed:
Donald Warden
15.038
m¢
0
mills
$225,047,613
Daytime
phone: ( 970) 400-4218
Mike Freeman, 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's anal certification of valuation).
2020-3699
Form DLG 70 (rev 7/08) Page 1 of 5
MEMORANDUM
TO: Brenda Dones, County Assessor December 14, 2020
FROM: Mike Freeman, Chair Board of Weld County Commissioners
SUBJECT: 2021 Mill Levy
This is to clarify that the 7.000 temporary mill levy reduction was reduced from the General Fund
mill levy of 14.185 for a net General Fund mill levy of 7.185. The total County mill levy was 22.038,
less the 7.000 mill levy, for a net of 15.038 mills for the 2021 mill levy for Weld County.
(yR,:a.3
Mike Freeman, Chair
Board of Weld County Commissioners
2021 Memo to Assessor on Mill Levy
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