HomeMy WebLinkAbout24-115 Levying General Property Taxes for 2024 Tax year to Defray Costs of Government for 2025 Fiscal Year 12-18-2024t$,III
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WHEREAS, on November 13, 2024 the Board of Trustees of the Town of Firestone ("Town") on adopted
the Town of Firestone's annual budget for the 2025 fiscal year in accordance with the Local Government Budget
Law; and
WHEREAS, a general property tax mill levy is necessary to defray the general expenses of Town
government for the 2025 fiscal year; and
WHEREAS, the 2024 valuation for assessment for the Town as certified by the Weld County Assessor is
$266,475,528; and
WHEREAS, the Town is exempt from the statutory property tax revenue limitation (5.5% limit) due to voter
approval of Ballot Issue A at the April 2, 1996 regular municipal election; and
WHEREAS, the Town is exempt from the fiscal year spending limitation imposed by Article X, Section 20
to the Colorado Constitution, due to voter approval of Ballot Issue A at the April 2, 1996, regular municipal
election; and
WHEREAS, the Board of Trustees must certify the mill levies for the 2025 fiscal year by December 16,
2024, and by this Resolution desires to so certify its general mill levy.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF
FIRESTONE, COLORADO:
Section 1. That for the purpose of meeting all general operating expenses of the Town of Firestone during
the 2025 fiscal year, there is hereby levied a tax of 6.805 mills upon each dollar of the total valuation for assessment
of all taxable property within the Town for the year 2024.
Section 2. That the Town Director of Finance is hereby authorized and directed to immediately certify to the
County Commissioners of Weld County, Colorado, the mill levy for the Town of Firestone as herein above
determined and set.
INTRODUCED, READ AND ADOPTED this 18th day of December, 2024.
TOWN OF FIR8tOE. COLORADO
tion Conwtc Jr.
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PROVED S TO F
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Missy Carranco, Deputy Town Clerk William P. Hayashi, Town ttorney