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HomeMy WebLinkAboutresolution.council.030-70RECORD OF PROCEEDINGS 100 Leaves RESOLUTION NO. Series of 1970 WHEREAS, the City Manager, previously designated 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, 1971, and ending December 31, 1971; AND WHEREAS, the budget the following estimated fiscal data for the year as submitted sets forth 1971: 1. Revenue and Beginning Surplus a. Surplus beginning of the year b. Anticipated revenues all sources TOTAL Z. Expense and Closing Surplus a. Expenditure Requirements b. Surplus closing of the year TOTAL 3. The aggregate expenditure:~ requirements to be divided as follows: General Fund a. 6eneral''Operating Fund b. Rubey Park Fund c. Bond and Interest Fund d. Depreciation Reserve Fund TOTAL Electric Fund ' a. Electric'~perating Fund b. Bond and Interest Fund c. Depreciation Reserve Fund TOTAL $ 80,000.00 ...3,.099,539.5~0 $3,179,539.50 $3,142,360.00 37,179.50 $3,179,539.50 $1,725,260.00 36,045.00 2,120.00 4,835.00 $1,768,260.00 599,488.00 28,562.00 2~400.0~ $ 630,450.00 RECORD OF PROCEEDINGS 100 Leaves Water Fund a. Water Operating Fund b. Bond and Interest Fund c. Depreciation Reserve Fund TOTAL Special Assessments Fund a. Improvement District b. Improvement District c. Improvement District Police Pension Fund $509,805.00 150,769.00 12~000.00 $672,574.00 #63-1 $ 23,727.00 #66-1 37,523.00 #67-1 39,200.50 TOTAL $100,450.50 $ 7,805.00 GRAND TOTAL $3,179,539.50 AND WHEREAS, the assessed valuation of taxable property for the year 1970 in the City of Aspen, returned by the County Assessor of Pitkin County, Colorado is the sum of $23,198,400. 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 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 expenditure requirements of $3,179,539.50 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 RECORD OF PROCEEDINGS 100 Leaves year; to pay the expenses and certain indebtedness of the City, including interest upo~ the indebtedness~ and to provide a reasonable surplus at the close of the fiscal year beginning January 1, 1971, and ending December 31, 1971. BE IT FURTHER RESOLVED that for the purposes of defraying the expenses o£ LI.~ C~ ..... 1 [~,,d of the City of Aspen~ Colorado during the fiscal year beginning January 1, 1971, and ending December ~ 1971, 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 $83,751.00 which~ together with the surplus and revenue from all other sources, is estimated to meet budget expenditure requirements and provide reasonable closing surplus for the said fiscal year, DATED THIS 14th day of October~ 1970. 1, LORRAINE GRAVES, duly elected 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 Aspen City Council at a regular meeting held October 14, 1970. CERTIFICATION OF TAX LEVY of the CITY OF ASPEN TO: Pitkin County Commissioners of Aspen, Colorado This is to certify that the tax levy to be assessed by you upon all property within the limits of the city of Aspen for the year 1971, as determined and fixed by the City Council of the City of Aspen, Colorado in Resolution #30 adopted October 14, 1970 is Three and six tenths (3.6) Mills. The revenue derived from said levy is to be used for the purpose of paying the expenses of the municipal government and interest upon and principal of outstanding bonds, and you are hereby authorized and levy upon your tax list. This is to further certify that directed to extend said attached hereto is a true and correct copy of IN WITNESS WHEREOF, I have hereunto the seal of the City of Aspen, Colorado, October , 1970. said Resolution #30 levying taxes for the year 1971. set my hand and affixed this 15 day of SEAL Lorraine Graves, City Clerk