HomeMy WebLinkAbout20163788.tiffRESOLUTION
RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD
COUNTY, COLORADO, FOR FISCAL YEAR 2017
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
2016, and
WHEREAS, the Board of County Commissioners of Weld County, Colorado, adopted the
annual budget in accordance with the Local Government Budget Law, on December 14, 2016,
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
$ 92,537,350
16,500,000
11, 532, 977
8,000,000
11,376,500
2,000,000
$ 141,946,827
WHEREAS, the 2016 valuation for assessment for the County of Weld as certified by the
County Assessor is $8,983,976,390 for Budget Year 2017.
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 14-7 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 2017:
FUND MILLS REVENUE
Gross County General Fund 16.538 $ 148,579,395
Temporary Mill Levy Reduction -6.238 -56,042,045
Net County General Fund 10.300 $92,537,350
Public Works Fund 1.837 16,500,000
Social Services Fund 1.284 11,532,977
Contingency Fund 0.890 8,000,000
Capital Expenditures Fund 1.266 11,376,500
IGS - Insurance Fund 0.223 2,000.000
15 800 $ 141 946.827
CG: F i o&J /1 2016-3788
/02 --/47--/‘' FI0064
RE: SET MILL LEVY, 2017
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 2017.
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., 2016.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: da444) Sc Jodi),
,
Weld County Clerk to the Board
Mike Freeman Chair
Sean P. Conway, Pro-Te
BY:
Deputy CIk to the B
APPR -ETO F
arba
rney
Steve Moreno
Date of signature:
2016-3788
F 10064
MEMORANDUM
rittot‘'
In
COLORADO
TO: Chris Woodruff, County Assessor December 14, 2016
FROM: Mike Freeman, Chair
Board of Weld County Commissioners
SUBJECT: 2017 Mill Levy
This is to clarify that the 6.238 temporary mill levy reduction was reduced from the General
Fund mill levy of 16.538 for a net General Fund mill levy of 10.300. The total County mill levy
was 22.038, less the 6.238 mill levy, for a net of 15.800 mills for the 2017 mill levy for Weld
County.
imt:Pt.:q,....._
Mike Freeman, Chair
Board of Weld County Commissioners
2017 Memo to Assessor on Mill Levy
2016-3788
0100
County Tax Entity Code
DOLA LGID/SID 62056/2
CERTIFICATION OF TAX LEVIES for NON -SCHOOL Governments
TO: County Commissioners' of
On behalf of the
the
of the
Weld County
, Colorado.
WELD COUNTY
A
(taxing entity)
Board of Weld County Commissioners
(governing body)B
County of Weld
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $
assessed valuation of:
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 $
calculated using the NET AV. The taxing entity's total
property tax revenue will be derived from the mill levy
multiplied against the NET assessed valuation of:
Submitted: 12/14/2016
(local government)C
9,151, 948, 370.00
(GROSS') assessed valuation, Line 2 of the Certification of Valuation Form DLG 57E)
8,983,976,390.00
(NETG assessed valuation, Line 4 of the Certification of Valuation Form DLG 57)
USE VALUE FROM FINAL CERTIFICATION OF VALUATION PROVIDED
BY ASSESSOR NO LATER THAN DECEMBER 10
(not later than Dec. 15) (mm/dd/yyyy)
PURPOSE (see end notes for definitions and examples)
for budget/fiscal year
LEVY2
2017
(yyyy )
•
REVENUE2
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 Interests
4. Contractual Obligations"
5. Capital Expenditures"
6. Refunds/Abatements"'
7. Other" (specify):
Contact person:
(print)
Signed:
TOTAL:
Donald Warden
Sum of General Operating
22.0380
mills $ 197, 988, 872.00
< 6.2380 > mills $ < 56,042,045.8>
15.8000
Daytime
phone:
Title:
mills
mills
mills
mills
mills
mills
mills
$ 141,946,827.00
) (970) 400-4218
Mike Freeman, Chair BOCC
Include one copy of this tax entity's completed form when filing the local government's budget by January 31st, per 29-1-113 C.R.S., with the
' 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).
Submit via Email
Form DLG 70 (rev 10/14)
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