HomeMy WebLinkAboutresolution.council.027-73RECORD OF PROCEEDINGS 100 Leaves
RESOLUTION NO. ~..?
(Series of 1973)
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, 1974, and ending December
31, 1974; and
WHEREAS, the budget as submitted sets forth the following
estimated fiscal data including anticipated revenues and expen-
ditures for the year 1974:
1. General Services and Operations
2. Electric Fund
3. Water Fund
4. Transportation Fund
5. Land Acquisition Fund
6. Protective Services Fund
TOTAL BUDGET
$800,651.00
630,994.00
580,900.00
618,942.00
620,916.00
603,135.00
$3,855,538.00
AND WHEREAS, the assessed valuation of taxable property
for the year 1973 in the City of Aspen, returned by the County
Assessor of Pitkin County, Colorado, is sum of $27,100,290.00;
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 of Aspen is three and six-tenth
(3.6) mills;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Aspen, Colorado:
That the budget for the City of Aspen, as submitted, is
hereby adopted; that the estimated budgeted expenditure require-
ments of $3,855,538.00 is declared to be the amount of revenue
necessary to be raised by tax levy and income from all other
sources, including surplus at the beginning of the year to pay
RECORD OF PROCEEDINGS
100 Leaves
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 l,
1974, and ending December 31, 1974.
BE IT FURTHER RESOLVED that for the purposes of defraying
the expenses of the City of Aspen, Colorado, during the fiscal
year beginning January 1, 1974, and ending December 31, 1974,
there is hereby levied a tax of three and six-tenths (3.6)
mills on each dollar of the assessed valuation of the taxable
property in the City of Aspen, Colorado, for the purpose of
raising the sum of $100,593.00, which together with the
surplus and revenue from all other sources, is estimated to
meet budget expenditure requirements and provide reasonable
closing surplus for said fiscal year.
Adopted this first day of October, 1973.
I, Lorraine Graves, duly appointled City Clerk of t~e City
of Aspen, Colorado, do hereby certify that the foregoing is a
true and correct copy of the Resolution adopted by the Aspen
City Council at its regular meeting held October 1, 1973.
City Clerk