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HomeMy WebLinkAboutresolution.council.030-73RECORD OF PROCEEDINGS 100 Leaves RESOLUTION NO. 30 (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 £iscal data including anticipated revenues and expenditures £or the year 1974: 1. General Services and Operations $745,793.00 2. Electric Fund 576,321.00 3. Water Fund 558.631.00 4. Transportation Fund 867,808.00 5. Land Acquisition Fund 663,931.00 6. Protective Services Fund 479,117.00 TOTAL BUDGET $3,891,601.00 AND WHEREAS, the assessed valuation of taxable property for the year 1973 in the City o£ Aspen, returned by the County Assessor of Pitkin County, Colorado, is the sume of $27,100,290.00; AND WHEREAS, the City Council has determined that the pro- per mill levy upon each dollar of the assessed valuation on all taxable property within the City of Aspen is three and six-tenths (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 expenditures require- ments of $3,891,601.00 is declared to be the amount of revenue RECORD OF PROCEEDINGS 100 Leaves necessary to be raised by 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 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 l, 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 estaimted to meet budget expenditure requirements and provide reasonable closing surplus for said fiscal year. Adopted this 26th day of November, 1973. Stacy Sta~F~ey III Mayor/ c I, Lorraine Graves, duly appointed 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 its regular meeting neld November 26, Aspen City Council at 1973. Lorraine Graves City Clerk