HomeMy WebLinkAbout 16-38 Levying General Property Taxes for the 2016 Tax YearRESOLUTION NO. 16-
A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE 2016 TAX YEAR, TO
HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF FIRESTONE,
COLORADO FOR THE 2017 BUDGET YEAR.
WHEREAS, the Board of Trustees ofthe Town of Firestone on December 14, 2016 adopted
the annual budget for the 2017 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 2017 budget year; and
WHEREAS, the 2016 valuation for assessment for the Town of Firestone as certified by the
County Assessor is $202,135,144.006 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 2017 budget year by
December 15, 2016, 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 ofthe Town of
Firestone during the 2017 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 2016.
Section 2. That the Budget and Financial Analyst 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 14day of December, 2016.
TOWN OF FIRESTONE, COLORADO
ON P lvfayoT
_'' e
2