HomeMy WebLinkAboutresolution.council.037-75RECORD OF PROCEEDINGS
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RESOLUTION NO. 37
(Series of 1975)
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, 1976, and
ending December 31, 1976; and
WHEREAS, the budget as submitted sets forth the
following estimated fiscal data including anticipated revenues
and expenditures
General Services and
Operation
Land Acquisition
including Open space
and Capital Improve-
ments Sales Tax fund
Transportation/Mall
Sales Tax Fund
Water Fund
Electric Fund
for the year 1976:
Revenues Expenditures
Transfers Surplus
$2,174,613 $(2,278,460) $103,847 -0-
763,663 (624,612) -0- 139,048
836,593 (577,365) 259,228
730,000 (693,902) (20,000) 16,098
943,250 (735,818) (83,847) 123,585
TOTALS $5,448,119 $(4,910,160) $ -0- $537,959
WHEREAS, the assessed valuation of taxable property
for the year 1975 in the City of Aspen returned by the County
Assessor of Pitkin County, is the sum of Thirty Million Eight
Hundred Seventy Thousand Eight Hundred Ninety ($30,870,890.00)
Dollars; and
WHEREAS, the City Council has determined that the proper
mill levy upon each dollar of the assessed valuation on all tax-
able property within the City of Aspen is 3.6 mills;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF ASPEN, COLORADO;
RECORD OF PROCEEDINGS
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That the budget for the City of Aspen as submitted,
is hereby adopted, which adoption shall constitute appropria-
tions of the amounts specified therein as expenditures from
the funds indicated; and that the estimated budget expenditure
requirements of $111,135.00 is declared to be the amount of
revenue necessary to be raised-by the tax levy and income
from all other sources, including surplus at the beginning
of the year, to pay the expenses and certain indebtedness of
the City, including interest upon the indebtedness, and to
provide a reasonable surplus at the close of the fiscal year
beginning January 1, 1976, and ending December 31, 1976;
BE IT FURTHER RESOLVED that for the purpose of defray-
ing the expenses of the City of Aspen, Colorado, during the
fiscal year beginning January 1, 1976, and ending December 31,
1976, there is hereby levied a tax of 3.6 mills 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
$111,135.00 which, together with the surplus and revenue from
all other sources, is estimated to meet budget expenditure
requirements and provide a reasonable closing surplus for said
fiscal year.
, 1975~
ADOPTED this ~y day o~/~ ·
I, KATHRYN S. HAUTER, ddly appointed and acling
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 ~ /~
RECORD OF PROCEEDINGS
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1975, which Resolution was adopted subsequent to the public
hearing on such proposed budget held September 30, 1975, 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 9.8 of the Aspen Home Rule Charter.
CITY CLERK