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HomeMy WebLinkAbout25-127 Levying General Property Taxes for 2025 Taxes Year, to Help Defray Costs of Government for the 2026 Fiscal Year 12-10-2025RESOLUTION NO. 25427` A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, STONE, COLORADO, LEVYING GENERAL PROPERTY TAXES FOR THE 2025 TAX E R , TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF FIRESTONE, COLORADO FOR THE 2026 FISCAL YEAR WHEREAS, on November 12, 2025 the Board of Trustees of the Town of Firestone ("Town") on adopted the Town of Firestone's annual budget for the 2026 fiscal year in accordance with the Local Go Budget Law; and WHEREAS, a general property tax mill levy is necessary to defray the general expenses of Town government for the 2026 fiscal year; and WHEREAS, the 2025 valuation for assessment for the Town as certified by the Weld County Assessor is $272,337,724; and WHEREAS, the Town is exempt from the statutory property tax revenue limitation (55°o 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 WIIEREAS, the Board of Trustees must certify the mill levies for the 2026 fiscal year by December 15, 2025, and by this Resolution desires to so certify its general mill levy. NOW, THEREFORE,, BF IT RESOLVED BY THE BOARD OF TRUSTEES OF UHF TOWN OF FIRESTONE, COLORADO -0 Section 1. l hat for the purpose of meeting all general operating expenses of the Town of Firestone during the 2026 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 2025. 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. IN`I"ROl UCED, READ AND ADOPTED this 1 0t day of December, 2025. I ATM: r" x atiados Luna, CMC�, Town Cler• AP CiV -° A OF ars Keith rain�To�At Totorneyr I