HomeMy WebLinkAbout20143887.tiff RESOLUTION
RE: SETTING THE MILL LEVY FOR THE ANNUAL APPROPRIATION FOR WELD
COUNTY, COLORADO, FOR FISCAL YEAR 2015
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 2014, 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 15,
2014, and
WHEREAS, the amount of money necessary to balance the budget for County funds is
as follows:
FUND AMOUNT
County General Fund $ 114,785,509
Public Works Fund 16,500,000
Social Services Fund 8,438,837
Contingency Fund 0
Capital Expenditures 0
IGS - Insurance Fund 2,000,000
$ 141,724,346
WHEREAS, the 2014 valuation for assessment for the County of Weld as certified by the
County Assessor is $8,969,895,330 for Budget Year 2015.
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 2015:
FUND MILLS REVENUE
Gross County General Fund 19.035 $ 170,741,958
Temporary Mill Levy Reduction -6.238 -55,956,449
Net County General Fund 12.797 $114,785,509
Public Works Fund 1.839 16,500,000
Social Services Fund 0.941 8,438,837
Contingency Fund 0.000 0
Capital Expenditures Fund 0.000 0
IGS - Insurance Fund 0.223 2.000.000
15.800 $ 141,724,346
2014-3887
CC : Asie, Fi 12/50 F10060
LEVY, 2015
RE: SET MILL
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
2015.
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 15th day of December, A.D., 2014.
BOARD OF COUNTY COMMISSIONERS
VV(�� COUNTY, C ORADO
ATTEST: v;a .�'.; `N I� >. .2 (ice ciAi
r' ••� ,`, Douglas Rjdemaclier C air
Weld Co qty Clerk to th= Bo „6i� .
A 4Sirkrne e , Pro-Teidiskm
BY: . .►._iii? r:., \ i /
Deputy Cler t o th- Boar
Seany,P. Conway
APPROVED AS TO FORM: 1 1 �tz¢ -- r
Mike Freeman
County Attorney EXCUSED
William F. Garcia
/
Date of signature: �S
2014-3887
FI0060
MEMORANDUM
/,, TO: Chris Woodruff, County Assessor December 15, 2014
W FROM: Douglas Rademacher, Chair
Board of Weld County Commissioners
COLORADO
SUBJECT: 2015 Mill Levy
This is to clarify that the 6.238 temporary mill levy reduction was reduced from the General
Fund mill levy of 19.035 for a net General Fund mill levy of 12.797. The total County mill levy
was 22.038, less the 6.238 mill levy, for a net of 15.800 mills for the 2015 mill levy for Weld
County.
ili- r()-
ugla Rademachdr,cChaiP _
Board f Weld County Commissioners 5 1011
2015 Memo to Assessor on Mill Levy
wit-38g y
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
([axing entity)'
the Board of Weld County Commissioners
(governing body)R
of the County of Weld
(local government)'
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 9,130,081,870
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)AreaF the tax levies must be $ 8,969,895,330
calculated using the NET AV. The taxing entity's total c -
ty' (NET 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: 12/15/2014 for budget/fiscal year 2015
(not later than Dec. 15) (mm/dd/yyyy) (yyyy)
PURPOSE(sec end notes for definitions and examples) LEVY REVENUE
1. General Operating Expenses" 22.038 mills $ 197,680,795
2. <Minus> Temporary General Property Tax
Credit/ Temporary Mill Levy Rate Reduction' < 6.238 > mills $ -55,956,449
SUBTOTAL FOR GENERAL OPERATING: 15.800 mills $ 141,724,346
3. General Obligation Bonds and Interests mills $
4. Contractual Obligations" mills $
5. Capital ExpendituresL mills $
6. Refunds/Abatements"' mills $
7. Other' (specify): mills $
mills $
TOTAL: [s�ntn°taGana n°p 3 atomg] 15.800 mills $141,724,346
Contact person: Daytime
(print) Donald D. Warden phone: (970) 356-4000 Ext. 4218
Douglas Rademacher, Chair
Signed: a CU Title: Board of County 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
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