HomeMy WebLinkAboutresolution.council.032-87 RESOLUTION NO. 32
(Series of 1987)
WHEREAS, the City Manager, designated by Charter to prepare
the budget, has prepared and submitted to the Mayor and City
Council the Annual Budget for the City of Aspen, Colorado for
the fiscal year beginning January, 1, 1988, and ending December
31, 1988 and
WHEREAS, the assessed valuation of taxable property for the
year 1988 in the City of Aspen returned by the County Assessor of
Pitkin County, is the sum of TWO HUNDRED EIGHT MILLION, NINE
HUNDRED EIGHTY FIVE THOUSAND, THREE HUNDRED TWENTY (208,985,320)
DOLLARS; and
WHEREAS, the City Council has determined that the proper
mill levy upon each dollar of the assessed valuation on all
taxable property within the City shall be that determined by the
County Assessor sufficient to produce ad valorem tax proceeds in
the amount of FIVE HUNDRED TWO THOUSAND, TWO HUNDRED NINETY
SEVEN (502,297) DOLLARS;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
That for the purpose of defraying the expenses of the City
of Aspen, Colorado during the fiscal year beginning January 1,
1988 and ending December 31, 1988, there is hereby levied a tax
on said dollar of the assessed valuation of the taxable property
in the City of Aspen, Colorado, for the purpose of raising the
sum of $502,297 which, together with the Fund Balance and revenue
from all other sources, is estimated to meet budget expenditure
requirements and provide a reasonable closing Fund Balance for
said fiscal year.
Adopted this ~-' day of December, 1987.
William L. Stirling, Mayor
I, KATHRYN S. KOCH, duly appointed and acting City Clerk of
the City of Aspen, Colorado, do hereby certify that the foregoing
is a true and correct copy of the Resolution adopted by the
Council at its meeting held December 9, 1987, which Resolution
was adopted subsequent to the public hearing on such proposed
budget held October 26, November 9, November 23 and December 9,
1987, and prior to the final day established by law for the
certification of the ensuing year's tax levy to Pitkin County,
all as required by Sections 9.6 and 9.3 of the Aspen Home Rule
Charter.
Kathryn S. Koch, city Clerk