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HomeMy WebLinkAbout751065.tiff REPORT OF THE FINANCE AND TAXATION COMMITTEE WELD COUNTY HOME RULE COMMISSION Greeley, Colorado March 11 , 1975 The Weld County Home Rule Commission Cmmnittee on Taxation and Finance met on Saturday afternoon, March 8 , 1974 , and sub- mits the following as its final report to the Home Rule Commission: The Committee reaffirms all of the statements made in the preliminary report. The preliminary report is changed in the following respect : The Committee strongly recommends that a proposal to change the method of assessment of real property and interests therein be submitted to the legislature for its consideration, which proposal would be as follows : That the statutes of the State of Colorado be amended to require the owners of real property interests , including severed mineral interests , to submit the descriptions of said property to the County Assessor for placing said property on the assessment rolls of the• county as is required of the owners of personal property. Further, that in the event an owner of real property shall have failed to submit the description of such interest in real property to the County Assessor or his staff within a period of five years following the passage of such legisla- Lion, that such interest in real property, whenever found, be submitted for tax sale for purchase by any interested party, and in the case of severed mineral interests in the event two or more parties are interested in purchasing said property at • tax sale, that the surface owner of the lands of which a severed mineral interest may be a part shall have the preferred right to purchase said mineral interest at tax sale at the same or equal price that might be offered by any other party ; that on all other property, the property be sold to the highest bidder. Rpspbptfully/ submitted, Ralph E. Waldo , Jr, // /065 /V KJ iM • • REPORT OF THE FINANCE AND TAXATION COMMITTEE of the WELD COUNTY HOME RULE COMMISSION The Finance and Taxation Committee of the Weld County Home Rule Commission was assigned the task of making a study in depth of the application of ad valorem taxation in the county, its justification and limitations, alternative forms of public revenue, and to determine whether under Home Rule a county can be freed of some of the state controls of county finances. We were also assigned the task of studying the functions of the Assessor and Treasurer in the county government and a study of the problem of untaxed and severed mineral interests together with the costs and methods of placing them on tax rolls. A further task assigned to the committee was that of studying the control of funds through the purchasing procedures , the budget and control procedures as well as audit procedures. The committee was composed of five members as follows: Ralph E. Waldo , Jr. , Chairman; Harold Fahrenbruch; Bob E. White; Edward L. Dunbar; and Walter Bain. The committee met numerous times , in- cluding two all-day-Saturday meetings. In an effort to obtain the thinking of some of the best minds of Colorado on taxation, Mr. Palmer Burch, the out-going State Treasurer of the State of Colorado, and Mr. Clark Buckler, formerly head of the Public Expenditures Council in Colorado and presently Director of Colorado Counties , Inc. and chief legislative lobbyist ; for the County Commissioners of the State of Colorado, were invited to attend a meeting of the committee. The meetings with Treasurer Burch and Clark Buckler were very rewarding and furnished a great deal of background information and "food-for-thought" and study on the part of the members of the committee. i:ww ' 'r- Z > 'h-P n "rrtryk. ieSe.. 44✓"a+^•W'rh^^rV••+-::. �.t4Y4`�+`v.:�� .'r�r �':t+. �.'f� '„wx��..+." . F ..4-3‘).'4:494t."‘• .:.!•� 'd S.rr4rv.� A '4 :wJ f 'e.. KI�Y�.n. ��+v� -" y.� an M +. '1., .yL � ♦ ,. j The committee finds that the chief and main support of county general fund is ad valorem taxation which can be justified, so far as these funds are spent for roads , bridges, enforcement of laws and protection of property, and the necessary county functions of the clerk and recorder, the county commissioners, treasurer, assessor, for these all render services to the land affected and the land taxed. It was felt that it was a bit difficult to justify ad valorem .taxation for the support of welfare which is presently supported 55% by the state, 25% by the federal government , and 20% by the county. One school of thought believes that the taxation of real property for the support of welfare when welfare recipients can come from all fifty of the states of the United States of America and can move here and there frequently is not proper, as it is a bit difficult to justify taxing real estate in Weld County for welfare under those circumstances. It is however felt desirable that the admini- stration of the welfare be strictly in the local hands. The committee finds that there is only one alternative form of taxation available under the present state statutes and the Constitution of the State of Colorado and that is the county-wide sales tax. County-wide sales tax was strongly recommended by Treasurer Burch as a fair tax and a popular tax; however, he recommended that such tax exclude the necessities of life from the payment of the sales tax which are tax on food, clothing, shelter, and prescription drugs. Under the present state statutes , this tax could be collected by the State of Colorado without ex- pense to the county, provided the county taxed all items taxed by the state ,and could be distributed by the state along with the tax for each of the incorporated municipalities having their own sales tax in the county. -2- r:fi.� f.:v o'a c .S..Y ^"u. 'sx..:. ^� 4'.` "i s.�. �, M•,"YJ r },J / '"i•..J'r.�?.��r�The county-wide sales tax could only apply to the City of , Greeley, a home rule city, in the event the City of Greeley would acquiesce in such a procedure. Mr. Burch also recommended that the distribution of a county-wide sales tax be based upon motor vehicle registration as a more equitable way of dividing the tax between the incorporated towns and communities and the county. In considering the offices of the assessor and the treasurer, the committee found that there were some alternatives available under County home rule. The office of assessor and treasurer could be combined into one official , either elective or appointive, who would carry out the functions of both of the present offices. The two offices could become appointive or they could remain as they are, as elected officials , supervising and operating their own respective offices. Both the County Assessor, Mr. Hansen, and the County Treasurer, Mr. Loustalet , were very cooperative in answering questions and assisting the committee in its study of the two offices and the functions thereof. The committee found that there was a very limited turnover or change in the employees in these two offices , even with a change in political party control. The two offices have been able to retain their employees and their employees have been good conscientious workers over the years. There is apparently some controversy between the Commissioners' office and the County Treasurer' s office and the County Assessor's office over pay grades and pay of the various employees of these two offices. Under the present system, it appears to be wise that the Assessor and the Treasurer defend their budgets before the County Commissioners. That , having defended their budgets the Assessor and the Treasurer feel it is desirable that each of these -J- ..rte elected officials , who are responsible to the people of the county for the operation of their offices, be given full authority to spend their respective budgets as they see fit in the operation of their offices. The question of untaxed severed mineral interests was investigated and the committee found it would cost approximately $50.00 per chain of title to determine the present ownership of many of the severed mineral interests in the county and that this cost for an estimated 44,000 schedules in the county would be excessive when compared to the revenue that it would bring into the county. In the discussion of the problem of the taxing of severed mineral interests , the committee suggests that it might be advisable to place the burden of placing severed mineral interests, including interests in property in general , upon the owner of the property; and require that any severed mineral interests that had not been placed on the property tax rolls by the owners after a reasonable time period could then be placed on the tax rolls and sold at tax sale with the surface owner of the lands having the priority right to redeem from the tax sale and purchase those severed mineral interests. This suggestion is being investigated and suggested to members of the legislature as a possible solution • to this problem. In the area of assessed valuation of property, the committee found the Assessor is obliged to work with the state-wide taxing and assessing manuals which are used as guides over the entire state to determine valuations. The use of these manuals necessarily causes variations in different areas of the state in the assessed values on properties when compared to the actual sales values of these properties due to local conditions affecting sales prices. It is thought this assessing manual may be the explanation, or a -4- f 1 good deal of the explanation, for the variety of assessed valuations found by the author of the article recently in The Denver Post. It should be noted that any time the County Assessor is too low in his assessment of property, the state Property Tax Administrator has the power to recommend to the State Board of Equalization an arbitrary assessment which if approved can cause a blanket increase in the assessed valuations of certain categories of property that are felt to be too low. From the committee' s study, it appeared the County Treasurer is careful and prudent in the investment of county funds to obtain the greatest income from them and to make them available for invest- ment in the financial institutions of the county in a fair and practical manner which is beneficial to Weld County, Colorado. The revenue from the treasurers office for interest in 1974 amounted to approximately $750,000. The County Treasurer advised the committee that he was being constantly audited by auditors for the various special districts and governmental units of the county but felt it was still advisable to have an outside audit , perhaps every four years. A Saturday afternoon was spent with Barton Buss , the County Finance officer, and the County auditor. The County auditor pointed out to us that , although the auditors were employed by the Commissioners , they were independent auditors , carried on the auditing procedures in a professional way, and were not subject to the pressures of the County Commissioners in any way. The question arose as to whether it was time for Weld County to have an elected County Auditor. Opinion was expressed both ways , and it is a matter for further discussion and decision as there are agruments both for and against an elected county auditor. Investigation was made in the area of the method of expend- iture of funds. The committee was advised that purchases of $100.00 or less could be made by a department head upon signing -5- t:;'•4 ^^ y n ti.;�� l v.R:.� • ' � y a.4..�y»' "^ c'tori _ � +.K ✓l .^`ti'Y C....» ..,R C^,2..,•a voucher and submitting a statement for the article purchased. Purchases of $100.00 to $500.00 may be made upon telephone bids received from independent and separate suppliers to the county. Purchases of $500.00 to $2,000.00 can be made upon written proposals, and purchases of $2,000.00 and over are made on written sealed bids with written specifications, with notice of taking of bids being published in the newspaper. The committee was advised by Mr. Buss that envelopes and office supplies are bid once a year. In studying the county fiscal procedures, purchasing procedures and accounting procedures, it became evident that Barton Buss, as the present County Finance officer, had a myriad of duties and responsibilities, causing members of the committee to wonder how he could perform all of the functions assigned him in a satisfactory manner. The committee wonders if the duties of Barton Buss should not be divided up in some fashion to release him from some of the responsibilities. In the area of controlled funds, purchasing procedures, and budget control procedures, it would appear it might be advisable to have both an internal audit and an external independent audit. There should be a controller in charge of all disbursements and the man actually making payment of the money should be someone other than the controller or the disperser. -6- The committee held a public hearing on January 21st, 1975, at the Commissioners' office at which seventeen people appeared. Invitations were sent specially to all of the incorporated towns of Weld County, inviting them to send representatives to the meeting. Most of the people attending the meeting were agriculture oriented and there were representatives (two ladies) from Dacona, two gentlemen from Fort Lupton, one representative of the Golden Years group, and numerous farm people representing the Ag Council including Norman Carlson, the President of the Weld County Ag Council. A good discussion was held concerning taxation. Most of the matters contained in this report were discussed during the evening. A county-wide sales tax appeared to have acceptance with the group. A recurring question was, "Will the county-wide sales tax be used to reduce some other tax?" The suggestion with regard to the taxing of severed mineral interests met with favor with the group also. The committee was disappointed that more of the incorporated communities of the county were not represented at the meeting but felt a good discussion was held with the people who did attend. The committee would submit this report with the request that • it be permitted to amend the report and make recommendations at a later date. Respectfully submitted FINANCE and TAXATION COMMITTEE Weld County Home Rule Commission Walter Bain Edward L. Dunbar Harold Fahrenbruch Ralph E. Waldo, Jr. Bob E. White By Chairman Hello