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Home My WebLink AboutR94-204 1995 fiscal budget mill levyCommissioner moved adoption of the followin g' Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE STATE OF COLORADO RESOLUTION NO. 94 -cD706/ 1995 FISCAL BUDGET MILL LEVY WHEREAS, on the 18th day of Novewmber, 1994, the Eagle County Assessor certified to the Board of County Commissioners, a total assessed valuation of $818,523,500.00; and WHEREAS, the Board of County Commissioners has approved Resolution 94- 91 , adopting the Eagle County Budget and making appropriations for the fiscal year 1995; and WHEREAS, the annual budget of Eagle County, Colorado, for fiscal year 1995 requires the generation of property tax revenue for the various County Funds. NOW, THEREFORE, be it resolved and authorized by the Board of County Commissioners of Eagle County, Colorado: 1. That a property tax levy of Four and Eight Hundred Twenty Two Thousandths mills (4.822 mills) for the General Fund is approved. 2. That a property tax levy of Two and Nine Hundred Thirty - Eight Thousandths mills (2.938 mills) for the Road and Bridge Fund is approved; 3. That a property tax levy of Three Hundred Nineteen Thousandths mills (0.319 mills) for the Social Services Fund is approved; 4. That a property tax levy of Three Hundred Fifty Thousandths mills (0.350 mills) for the Capital Expenditures Fund is approved; 5. That a property tax levy of Three Hundred Eighty Five Thousandths mills (0.385 mills) for the Retirement Fund is approved; 6. That a property tax levy of One Thousandths mills (0.001 mills) for the Contingency Reserve Fund is approved; 7. That a property tax levy of Three Hundred Seventeen Thousandths mills (0.317 mills) for the Insurance Reserve Fund is approved; 8. That a property tax levy of Eight Hundred and One mills (0.801 mills) for the Debt Service Fund is approved; 9. That a property tax levy of Forty Eight Thousandths mills (0.048 mills) is approved for tax refunds and abatements made during Fiscal Year 1994. And that the total combined mill levy will be Nine and Nine Hundred Eighty One Thousandths mills (9.981 mills) for fiscal year 1995. MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the 1 day of December, 1994. ATTEST: County Commissioners COUNTY OF EAGLE, STATE OF �, COLORADO, By and Through Its ;- i, >5 BOARD OF COUNTY COMMISSIONERS "nr " K i �BY: ohnnette Phillips, airman Commissioner p seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Johnnette Phillips Commissioner James E. Johnson, Jr. �d Commissioner George A. Gates This Resolution passed by C -Q vote of the Board of County Commissioners of the County of Eagle, State of Colorado. nlr /r /millevy.95 sub 99 -88 2 George ,A. Gates, Commissioner ACTUAL VALUE Total Value $4,794,059,273 $4,574,513,000 $3,881,036,879 New Construction $186,892,009 $138,191,112 $136,325,529 Net Value $4 ,607,167,264 24,436,321,888 $3,744,711,350 4.06% 3.11% 3.64% 1 PROPERTY. TAX HISTORY >" EXHIBIT 8 -01 BY FUND "' 941116 BASED ON FIGURES LEVIED LEVY YEAR 1994 1993 1992 1991 1990 1989 COLLECTION YEAR 1995 1994 1993 1992 1991 ,. 1990 PROPERTY TAXES LEVIED -------------------------------------------------------------------------------------- General $3,946,920 $3,784,983 $3, 758.721 $3,722,020 $3,517,370 $3,415,699 Road & Bridge $2,404,822 $2,282,488 $1,961,263 $1,833,202 $1,403,682 $1,162,586 Welfare $261,109 $247,826 $293,970 $290,203 $289,687 $191,211 Capital Expenditure $286,483 $209,759 $197,443 5155,441 $142,122 $137,876 Retirement $315,132 $299,101 $203,293 $200,362 $153,008 $148,657 Contingency $819 $777 $9,506 $59,895 $147,565 $143,550 Insurance $259,472 $269,579 $253,750 $250,274 $231,024 $224,120 Debt Service $655, 637 $ 639 ,376 $607,684 $608,215 $413,666 $0 Refund /Abatement $39 ,289 $48,944 $46,070 $44,921 $0 20 Total 58,169,683 $7,782,833 $7,331,700 $7,164,532 $6,298,124 $5,423,699 Base Value $7,922,641 $7,601,103 $7,113,896 $6,828,857 $5,921,372 $5,164,477 New Construction 5247,043 $181,731 $217,804 $335,675 $376,751 $259,222 PERCENT CHANGE FROM PRIOR YEAR - - -- --------------------------------------------------------- General 4.28% 0.70% 0.99% 5.82% 2.98% 26.82% Road & Bridge 5.36% 16.38% 6.99% 30.60% 20.74% -0.02% Welfare 5.36% - 15.70% 1.30% 0.18% 51.50% 11.04% Capital Expenditure 36.58% 6.24% 27.02% 9.37% 3.08% 0.20% Retirement 5.36% 47.13% 1.46% 30.95% 2.93% -0.01% Contingency 5.36% -91.83% - 84.13% - 59.41% 2.80% -0.15% Insurance -3.75% 6.24% 1.39% 8.33% 3.08% 0.02% Debt Service 2.54% 5.22% -0.09% 47.03% 100.00% 0.00% Refund /Abatement - 19.73% 6.24% 2.56% 100.00% 0.00% 0.00% Total 4.97% 6.15% 2.33% 13.76% 16.12% 15.83% Base Value 4.23% 6.85% 4.17% 15.33% 14.66% 13.78% New Construction 35.94% - 16.56% - 35.11% - 10.90% 45.34% 80.50% PERCENT OF TOTAL TAXES LEVIED - - - -- --------------------------------------------------------- General 48.31% 48.63% 51.27% 51.95% 55.85% 62.98% Road & Bridge 29.44% 29.33% 26.75% 25.59% 22.29% 21.44% Welfare 3.20% 3.18% 4.01% 4.05% 4.60% 3.53% Capital Expenditure 3.51% 2.70% 2.69% 2.17% 2.26% 2.54% Retirement 3.86% 3.84% 2.77% 2.80% 2.43% 2.74% Contingency 0.01% 0.01% 0.13% 0.84% 2.34% 2.65% Insurance 3.18% 3.46% 3.46% 3.49% 3.67% 4.13% Debt Service 8.03% 8.22% 8.29% 8.49% 6.57% 0.00% Refund /Abatement 0.48% 0.63% 0.63% 0.63% 0.00% 0.00% Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Base Value 96.98% 97.66% 97.03% 95.31% 94.02% 95.22% New Construction 3.02% 2.34% 2.97% 4.69% 5.98% 4.78% PROPERTY TAX LEVIES ---------------------------------------------------------------------------------------- General 4.822 4.872 5.140 5.220 5.816 6.020 Road & Bridge 2.938 2.938 2.682 2.571 2.321 2.049 Welfare 0.319 0.319 0.402 0.407 0.479 0.337 Capital Expenditure 0.350 0.270 0.270 0.218 0.235 0.243 Retirement 0.385 0.385 0.278 0.281 0.253 0.262 Contingency 0.001 0.001 0.013 0.084 0.244 0.253 Insurance 0.317 0.347 0.347 0 -351 0.382 0.395 Debt Service 0.801 0.823 0.831 0.853 0.684 0.000 Refund /Abatement 0.048 0.063 0.063 0.063 0.000 0.000 Total 9.981 10.018 10.026 10.048 10.414 9.559 COUNTY VALUATION ------------ - - - - -- -------- - - - - -- -------- - - - - -- ------------------------------------------ Base Value $793,772,218 $758,744,531 $709,544,815 $679,623,549 $568,597,320 $540,273,800 New Construction $24,751,282 $18,140,399 $21,723,875 $33,407,151 $36,177,380 $27,118,130 Total Value $818,523,500 $776,884,930 $731,268,690 $713,030,700 2604,774,700 $567,391,930 PERCENT CHANGE FROM PRIOR YEAR Base Value 4.62% 6.93% 4.40% 19.53% 5.24% - 10.46% New Construction 36.44% - 16.50X - 34.97% -7.66% 33.41% 42.06% Total Value 5.36% 6.24% 2.56% 17.90% 6.59% -8.85% ACTUAL VALUE Total Value $4,794,059,273 $4,574,513,000 $3,881,036,879 New Construction $186,892,009 $138,191,112 $136,325,529 Net Value $4 ,607,167,264 24,436,321,888 $3,744,711,350 4.06% 3.11% 3.64% 1