HomeMy WebLinkAboutresolution.council.043-88 RESOLUTION NO. ~
(Series of 1988)
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, 1989, and ending December 31,
1989 and
WHEREAS, the assessed valuation of taxable property for the
year 1989 in the City of Aspen returned by the County Assessor of
Pitkin County, is the sum of TWO HUNDRED THREE MILLION, ONE
HUNDRED SIX THOUSAND, TWO HUNDRED SEVENTY ($203,106,270) 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 TEN THOUSAND, EIGHT HUNDRED ($510,800)
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,
1989 and ending December 31, 1989, 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 $510,800 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 /~V~-~day of November, 1988.
~±ll±am h. St±rlin~, ~a¥or
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 November 14, 1988, which Resolution
was adopted subsequent to the public hearing on such proposed
budget held October 24 and November 14, 1988, 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. Koc , City Clerk