HomeMy WebLinkAboutresolution.council.157-00 RESOLUTION NO. 157
(Series of 20(0)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO
SETTING THE 2001 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, 2001, and ending December 31, 2001 and
WHEREAS,. the assessed valuation of taXable property for the year 2000 in the City of
Aspen returned by the County Assessor of Pitkin County, is the sum of FIVE HLrNDRED
NINETY MILLION, SIX HUNDRED AND THREE THOUSAND, AND THREE HUNDRED
AND THIRTY ($590,603,330) 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 THREE
MILLION, ONE HUNDRED AND EIGHTY THOUSAND, AND THREE HUNDRED AND
NINETY EIGHT ( $3,180,398 ) DOLLARS; and
WHEREAS, the City Council has determined that TWO MILLION EIGHTY SIX
THOUSAND, AND FIVE HUNDRED EIGHTY FOUR ( $2,086,584 ) DOLLARS of the total
THREE MILLION, ONE HUNDRED AND EIGHTY THOUSAND, AND THREE HUNDRED
AND NINETY EIGHT ( $3,180,398 ) DOLLARS is to be specifically restricted for general asset
management plan projects;
WHEREAS, the citizens of Aspen in November of 2000, authorized the City of Aspen
to collect, retain and expend, an estimated $545,000 of the 2000 property tax revenues in
excess of the limits of Article X, Section 20, of the Colorado Constitution (Tabor), for
the purpose of contributing to the enhancements to the Iselin Park Recreational Complex
including the swimming pool, the inclusion of the Aspen Youth Center within the complex,
the expansion of common elements for the addition of a privately funded ice rink, and to
fund a capital and operating fund for the facilities, the City Council determines that FOUR
HUNDRED SIXTY FIVE THOUSAND AND FOUR HUNDRD SEVENTY SEVEN
DOLLARS ($465,477) of the total THREE MILLION, ONE HUNDRED AND EIGHTY
THOUSAND, AND THREE HUNDRED AND NINETY EIGHT DOLLARS ($3,180,398)
is to be specifically restricted for the improvements outlined above at the Iselin Park Recreation
complex;
CERTIFICATION OF TAX LEVIES
TO: County Commissioners of P i t k in County, Colorado. For
theyear 20Q.Qthe city Council of the City of Aspen
(governing board) (unit of government)
hereby certifies the following mill levies to be extended upon the total ~ valuation of
$ 590,6'03,330
PURPOSE LEVY REVENUE
1. General Operating Expenses 1.2 5 ~ $ 7 3 8,2 5 4
2. Refunds/Abatements mill_~ $ ,,
3. Annual Incentive Payments putsu,-t to l~illg $'
30-11-123(6) CRS (Counties only) or
3.1-15-903(5) CRS 0vfuaicipalities only)
SUBTOTAL 1.25 mills $. 738,254
4. General Obligation Bonds and Interest* tnill~ $,
5. Contractual Obligations Approved at Election mill.~ $.
6. Capital Expenditures levied puxsu~! Io CRS mill~ $.
29-1-301(1.2) (Counties and Municil~lities
only) or CR$ 29-1-302(1.5) (Special
Districts only)
7. Expenses Incurred in Reappraisal' mills $,,
pursuant to Ordered or Conducted by State
Board of Equalization (County only)
8. Payment to State of Excess State mill.~ $
Equalization Payments to School
Districts (County only)
9. Temporary Property Tax Crezlit/ ( . 0 1 6 ) mills $ ( 9,4 5 0)
Temporary Mill Levy Rate Reduction
CRS 39-5-111.5
10. Other(specify)-General Fund 4.151 roill~ $ 2~451~594
Asset Management Fund
GROSS TOTAL or NET TOTAL 5.385 mills $ 3,18 o, 398
Contact person: Mike Cain Daytime Phone: ( 9'70 } 920-5044
Signed: //~ //)//~ Title Budget Director
Date: D ember 4, 2000
' CRS 32-1-1603 requires Special Districts to "certify separate mill levies to the Board of County
Commissioners, one each for funding requirements of each debt." 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 extendinto 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.
FO[~M D'r-O 70 (Rev. 6/94)
A-17 Revised 10/96
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, 2000.
Adopted this// day of ~P.~/~000
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 /,~/////O7'~ , which Resolution was adopted subsequent to
Public hearings on the City of Aspen's 2001 proposed Municipal Budget and prior to the final day
Established
//
-/
Kathryn ~. Koch, City Clerk