HomeMy WebLinkAbout20195015.tiffRESOLUTION
RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD
COUNTY, COLORADO, FOR FISCAL YEAR 2020
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
2020, 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
$ 123,698,058
24, 000, 000
13,511,213
42,000,000
26,200,000
3,500,000
$ 232,909,271
WHEREAS, the 2019 valuation for assessment for the County of Weld as certified by the
County Assessor is $15,488,048,362 for Budget Year 2020.
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 2020:
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
14.986
-7.000
7.986
1.550
0.872
2.712
1.692
0.226
REVENUE
$ 232,114,396
-108,416,338
$123,698,058
24, 000, 000
13,511,213
42,000,000
26, 200, 000
3,500,000
15.038 $ 232,909,271
c,c.:F-X.COw(3O),CA RCeo),
OTC BC (CO)
I'D/ l tal / 19
2019-5015
F10070
RE: SET MILL LEVY, 2020
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 2020.
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 11th day of December, A.D., 2019.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, CQLORADO
ATTEST: d.„,4444) w x,ok.
Weld County Clerk to the Board
BY:
Rimirc
Deputy Clerk to the Board
AP
FORM:
ounty Attorney
Date of signature: (@ I (( / ( 9
EXCUSED
(AYE)
aarbara Kirkmey r, Chair
Mike Freeman, Pro -Tern
Sean P. onway
Scott K
James
Moreno
(NAY)
(AYE)
(AYE)
2019-5015
Fl0070
MEMORANDUM
TO: Brenda Dones, County Assessor December 11, 2019
FROM: Barbara Kirkmeyer, Chair Board of Weld County
Commissioners
SUBJECT: 2020 Mill Levy
This is to clarify that the 7.000 temporary mill levy reduction was reduced from the General Fund
mill levy of 14.986 for a net General Fund mill levy of 7.986. The total County mill levy was 22.038,
less the 7.000 mill levy, for a net of 15.038 mills for the 2020 mill levy for Weld County.
2020 Memo to Assessor on Mill Levy
A
arbara Kirkmey, Chair
Board of Weld County Commissioners
2019-5015
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 government)
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 15,732,447,240
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) AreaF the tax levies must be $ 15,488,048,362
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)
12/11/2019
(mm/dd/yyyy)
for budget/fiscal year 2020
(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:
3. General Obligation Bonds and Interest'
4. Contractual Obligations'
5. Capital Expenditures'.
6. Refunds/Abatements"'
7. Other" (specify):
22.038 mills $341,325,609
< 7.000> mills $ <108,416,338>
15.038
mills
mills
mills $
mills $
mills $
$ 232,909,271
$
mills $
mills $
TOTAL. r Sum of General Operating]
L Subtotal and Lines 3 to 7 1
Contact person:
(print)
Signed:
Donald Warden
15.038
mills
$232,909,271
Daytime
phone: ( 970) 400-4218
Barbara Kirkmeyer, 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 final certification of valuation).
Form DLG 70 (rev 7/08)
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