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HomeMy WebLinkAbout24-03 Resolution Levying General Property Taxes for the 2023 tax YearRESOLUTION NO.24-03 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTIONE, COLORADO, LEVYING GENERAL PROPERTY TAXES FOR THE 2023 TAX YEAR, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF FIRESTONE, COLORADO FOR THE 2024 FISCAL YEAR. WHEREAS, on November 15, 2023 the Board of Trustees of the Town of Firestone ("Town") on adopted the Town of Firestone's annual budget for the 2024 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 2024 fiscal year; and WHEREAS, the 2023 valuation for assessment for the Town as certified by the Weld County Assessor is $291,703,118; 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 y WHEREAS, the Board of Trustees must certify the mill levies for the 2024 fiscal year by January 10, 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 2024 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 2023. 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 101h day of January, 2024. 1 ATTEST: Kristi k Bashor, CMC, Town Clerk APPROVED AS TO F . AAld(IjO William P. Hayashi, Town Attorney TOWN OF FIRESTONE, COLORADO By: Drew Alan Peterson, Mayor \��STON�c � f�-SOWN _ o mi �E < r <��o•.... •...:Goo LINTY ,