HomeMy WebLinkAboutresolution.council.079-95
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RESOLUTION NO. 79
(Series of 1995
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO
SETTING THE 1996 MUNICIPAL MILL LEVY AND CERTIFYING SAME TO THE
BOARD OF COUNTY COMMISSIONERS FOR PITKIN COUNTY.
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, 1996, and ending December 31, 1996
and
WHEREAS, the assessed valuation of taxable property for the
year 1995 in the City of Aspen returned by the County Assessor of
pitkin County, is the sum of FOUR HUNDRED THIRTEEN MILLION, EIGHT
HUNDRED TWENTY-FIVE THOUSAND, NINE HUNDERED AND FORTY (413,825,940)
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 TWO MILLION, TWO HUNDRED THIRTY-FIVE THOUSAND AND SEVENTY
FOUR ($2,235,074) DOLLARS; and
WHEREAS, the City Council has determined that ONE MILLION,
SEVEN HUNDRED SEVENTEEN THOUSAND, SEVEN HUNDRED AND NINETY -ONE
($1,717,791) DOLLARS of the total TWO MILLION, TWO HUNDRED THIRTY-
FIVE THOUSAND AND SEVENTY FOUR ($2,235,074) DOLLARS is to be
specifically restricted for general asset management plan proj ect's;
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NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ASPEN, COLORADO:
SECTION 1
That for the purpose of defraying the expenses of the City of
Aspen, Colorado during the fiscal year beginning January 1, 1996
and ending December 31, 1996, 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
$2,235,074 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.
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SECTION 2
The City Clerk is hereby directed to certify and deliver this
Resolution to the Board of County Commissioners for pitkin County
on or before December 15, 1995.
Adopted this II day of ~./1995
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John Bennett, 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 City
Council at its meeting held
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, which Resolution
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was adopted subsequent to public hearings on the City of Aspen's
1996 proposed Municipal Budget and prior to the final day
established by law for the certification of the tax levy to Pitkin
County, all as required by Sections 9.8 and 9.9 of the Aspen Home
Rule Charter.
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CERTIFICATION OF TAX LEYffiS
'TO: County Commissioners of
year 19 96, the City Council
,_ - (governing board)
~0.by certifies the following mill
$ 413,825,940 .
Pitkin County, Colorado. For the
of the City of Aspen
(unit of government)
levies to be extended upon the total assessed valuation of
1. General Operating Expenses
2. Refunds/ Abatements
3. Annual Incentive Payments pursuant to
30-11-123(6) CRS (Counties only) or
31-15-903(5) CRS (Municipalities only)
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PURPOSE
LEVY REVENUE
1.060 mills $ 438,656
mills $
mills $
SUBTOTAL
1.060 mills $ 438,656
--
.190 mills $ 78,627
mills $
mills $
General Obligation Bonds and Interest*
Contractual Obligations Approved at Election
Capital Expenditures levied pursuant to CRS
29-1-301(1.2) (Counties and Municipalities
only) or CRS 29-1-302(1.5) (Special
Districts only)
Expenses Incurred in Reappraisal
pursuant to Ordered or Conducted by State
Board of Equalization (County only)
Payment to State of Excess State
Equalization Payments to School
Districts (County only)
Temporary Property Tax Credit/
Temporary Mill Levy Rate Reduction
CRS 39-5-111.5
10. 'Other (specify) Asset Management Plan
4.
5.
6.
mills $
7.
mills $
mills $
9.
4.151 mills $1,717,791
GROSS TOTAL or NET TOTAL
5.401 mills $2,235,074
Contact person: Robert S. Umbreit
Daytime Phone: (970 ) 920-5043
Signed:
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Title 1?vD6t:.r P/Rec-T.!!I(Z
Date:
November 22, 1995
CRS 32-1-1603 requires Special Districts to .certify separate mill levies to the Board of County Commissioners.
one each for funding requirements of each debt.. Space is provided on the back of this form. Total shpuld be
recorded above on line 4.
*
NOTE:
Certification must be to three decimal places only. If your boundaries
extend into more than one county, please list all counties here:
Send a copy to Division of Local Government, Room 521, and the Division of Property
Taxation, Room 419 1313 Sherman Street, Denver, Colorado 80203.
FORM DLG 70 (Rev.3/94)
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