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HomeMy WebLinkAbout 18-48 Levying Taxes from 2018 for 2019RESOLUTION N0.18-48 A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE 2018 TAX YEAR, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF FIRESTONE, COLORADO FOR THE 2019 BUDGET YEAR. WHEREAS, the Board of Trustees of the Town of Firestone on December 12, 2018 adopted the annual budget for the 2019 budget 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 2019 budget year; and WHEREAS, the 2018 valuation for assessment for the Town of Firestone as cettified by the County Assessor is $217,538,150; 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 cet-tify the mill levies for the 2019 budget year by December 15, 2018, 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 2019 budget 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 2018. 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. 1 INTRODUCED, READ, and ADOPTED this 12th day of December, 2018° tWN�'° j1 Attest: %10 ° r Leah Vann rsdall, Town Clerk FJ, TOWN OF FIRESTONE, COLORADO