HomeMy WebLinkAbout20153947.tiff RESOLUTION
RE : SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD
COUNTY, COLORADO , FOR FISCAL YEAR 2016
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 2015 , 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 ,
2015 , and
WHEREAS , the amount of money necessary to balance the budget for County funds is
as follows :
FUND AMOUNT
County General Fund $ 112 , 907 , 305
Public Works Fund 16 , 500 , 000
Social Services Fund 9 , 636 , 565
Contingency Fund 23 , 000 , 000
Capital Expenditures 16 , 500 , 000
IGS - Insurance Fund 2 , 000 , 000
$ 180 , 543 , 870
WHEREAS , the 2015 valuation for assessment for the County of Weld as certified by the
County Assessor is $ 11 , 426 , 827 , 210 for Budget Year 2016 .
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 2016 :
FUND MILLS REVENUE
Gross County General Fund 16 . 119 $ 184 , 189 , 028
Temporary Mill Levy Reduction -6 . 238 -71 , 281 , 723
Net County General Fund 9 . 881 $ 112 , 907 , 305
Public Works Fund 1 . 444 16 , 500 , 000
Social Services Fund 0 . 843 9 , 636 , 565
Contingency Fund 2 . 013 23 , 000 , 000
Capital Expenditures Fund 1 . 444 16 , 500 , 000
IGS - Insurance Fund 0 . 175 2 , 000 , 000
15 . 800 $ 180 , 543 , 870
2015-3947
e.e., : Ft F 10062
RE: SET MILL LEVY, 2016
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
2016.
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., 2015.
BOARD OF COUNTY COMMISSIONERS
W D COUNTY, CO ORADO
ATTEST: �f��-
yeztt,
Barbara Kirkmeyed, Chair
Weld Cou ty Clerk to the Board
EXCUSED
Mike Freeman, Pro-Tem
BY:
Deputy Cle to the Boar
Sean P. Conway
APPROVEDAS TO F.f C41-1. dad'
Julie A. Cozad
y A torney •�.`
teve Moreno
Date of signature: 4a/V ► M *�` �1
2015-3947
FI0062
;rill MEMORANDUM
fa \ TO: Chris Woodruff, County Assessor December 14, 2015
Woe FROM: Barbara Kirkmeyer, Chair
Board of Weld County Commissioners
COLORADO
SUBJECT: 2016 Mill Levy
This is to clarify that the 6.238 temporary mill levy reduction was reduced from the General
Fund mill levy of 16.119 for a net General Fund mill levy of 9.881. The total County mill levy
was 22.038, less the 6.238 mill levy, for a net of 15.800 mills for the 2016 mill levy for Weld
County.
7 ,1_/A1-1-,/, —
arbara Kirkme r, Chair
Board of Weld County Commissioners
2016 Memo to Assessor on Mill Levy
2015-3947
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 govemment)C
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 11,583,103,260
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)Area'the tax levies must be $ 11,426,827,210
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: 12/14/2015 for budget/fiscal year 2016
(not later than Dec. 15) (mm/dd/yyyy) (yyyy)
PURPOSE(see end notes for definitions and examples) LEVY2 REVENUE2
1.
General Operating Expenses" 22.038 mills $251,825,593
2. <Minus>Temporary General Property Tax
Credit/Temporary Mill Levy Rate Reduction' < 6.238> mills $ < 71,281,723 >
SUBTOTAL FOR GENERAL OPERATING: 15.800 mills $ 180,543,870
3. General Obligation Bonds and Interest' mills $
4. ContractualObligations't mills $
5. Capital Expenditures' mills $
6. Refunds/Abatements"' mills $
7. Other" (specify): mills $
mills $
TOTAL SumraOperating
TOTAL• [SubtotalofGene l
and Lines 3 to 7 ] 15.800 mills $180,543,870
Contact person: Daytime
(print) Do ld Ward phone: ( 970) 356-4000 Extension 4218
Barbara Kirkmeyer, Chair
Signed: 401 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) Page 1 of 5
Hello