HomeMy WebLinkAboutresolution.council.071-96
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RESOLUTION NO. 1-l
(Series of 1996)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO
SETTING THE 1997 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, 1997, and ending December 31,
1997 and
WHEREAS, the assessed valuation of taxable property tor thq
year 1996 in the City of Aspen returned by the County Assessor df
Pitkin County, is the sum of FOUR HUNDRED FOURTEEN MILLIqN,
SEVENTY-EIGHT, THOUSAND, FOUR HUNDRED AND SEVENTY (414, 078, 470)
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-SIX THOUSAND, FOUR
HUNDRED AND THIRTY-EIGHT ($2,236,438) DOLLARS; and
WHEREAS, the City Council has determined that ONE MILLION,
SEVEN HUNDRED EIGHTEEN THOUSAND,
EIGHT HUNDRED AND FORTY
($1,718,840) DOLLARS of the total TWO MILLION, TWO HUNDRED THIRTY-
SIX THOUSAND, FOUR HUNDRED AND THIRTY-EIGHT ($2,236,438) DOLLARS
is to be specifically restricted for general asset management plan
projects;
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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 Cityiof
Aspen, Colorado during the fiscal year beginning January 1, 1997
and ending December 31, 1997, 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
$2,236,438 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, 1996.
Adopted this ~day Of~/,
1996
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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 ~ 9, /tJ9?
/
which
Resolution was adopted subsequent to public hearings on the C~ty
of Aspen's 1997 proposed Municipal Budget and prior to the final
day established by law for the certification of the tax levy to
Pi tkin County, all as required by Sections 9.8 and 9.9 of the
Aspen Home Rule Charter.
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Kathryn S. Koch, City Clerk
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CERTIFICATION OF TAX LEVIES
TO: County Commissioners of Pitkin County, Colorado. For the year
19.12, the City Council of the City of Aspen
_ . (governing board) , (unit of government)
,~ereby certifies the following mill levies to be extended upon the total GROSS assessed valuation of
$ 414 078.470. . '
..
1.071, mills $ 443,478
.179 mills $ 74,120'
mills $
mills $
PURPOSE
LEVY
REVENUE
$ 443,47~
$
$
$
$
$
$ 1,718,8410
$ 2,236,4318
Contact person: Robert S. Umbreit
Daytime Phone: ( 970) 920-5040
December 9, 1996
CRS 32-1.1603 requires Special Districts to "certify separate millleYies to the Board of County Commissioners;
one each for funding requirements of each debl" Space is provided on the back of this form. Total should
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.
1. General Operating Expenses
2. Refunds/Abatements
3. Annual Incentive Payments pursuant to
30-11.1~(6) CRS (Counties only) or
31.15.903(5) CRS (Municipalities only)
1. 071 mills
mills
mills
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SUBTOTAL
4.
5.
6.
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 EquaIization (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 39-1-111.5
Other ( specify)
General Fund Capital Asset Management Plan'
GROSS orNET TOTAL
7.
mills
mills
9.
mills
4.151
mills
10.
5.401
mills
Signed:
R/wf t ~
Title Budget Director
Date:
.
FORM DLG 70 (Rev. 8/96)