HomeMy WebLinkAboutR15-108 2016 Fiscal Budget Mill Levy Commissioner W'! QVIZ.-L.L,L -, moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 2015 - I V 60
RESOLUTION CONCERNING ADOPTION OF THE
2016 FISCAL BUDGET MILL LEVY
WHEREAS, the Eagle County Assessor will certify to the Board of County
Commissioners a total assessed valuation of$3,020,624,960; and
WHEREAS, the Board of County Commissioners has approved Resolution 2015-101
adopting the Eagle County Budget and making appropriations for the fiscal year 2016; and
WHEREAS, the annual budget of Eagle County, Colorado, for fiscal year 2016 requires
the generation of property tax revenue for the various County Funds.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
1. That a property tax levy of Five and Two Hundred Eighty Five Thousandths mills
(5.285 mills) for the General Fund is approved;
2. That a property tax levy of One and Three Hundred Fifty Nine Thousandths mills
(1.359 mills) for the Road and Bridge Fund is approved;
3. That a property tax levy of Two Hundred and Forty Thousandths mills (0.240
mills) for the Social Services Fund is approved;
4. That a property tax levy of Sixty One Thousandths mills (0.061 mills) for the
Capital Improvement Fund is approved;
5. That a property tax levy of One and Five Hundred Thousandths mills (1.500
mills) for the Open Space Fund is approved;
6. That a property tax levy of Fifty Four Thousandths mills (0.054 mills) for the
Insurance Reserve Fund is approved;
And that the total combined mill levy will be Eight and Four Hundred Ninety-nine
Thousandths mills (8.499 mills) for fiscal year 2016.
/ • /1E017 Aftea
Eagle County Att.. :y's Office
1 By: __
Eagle County Commissioners Office
MOVED, READ AND ADOPTED by the Board of County commissioners of the
County of Eagle, State of Colorado, at its regular meeting held the G day of December,
2015.
COUNTY OF EAGLE, STATE OF
COLORADO, by and Through Its
ATTEST: F BOARD OF OUNTY COMMISSIONERS
* -4' 1 /
�►l xLlc. . 51 ►M°(-41 o o .�e�+v0 By �i/�i I � —4
Clerk to CI! Board of Kathy r andler-Henry
Count Commission- Chair
aA_,G,
anne McQueeneMj
Commissioner
Jillian H. Ryan
Commissioner
Commissioner C_-touv_m_ - '' ecbnded adoption of the foregoing resolution. The roll
having been called, the vote was as follows:
Commissioner Chandler-Henry Idekt u
Commissioner McQueeney
Commissioner Ryan 4-15 d
Z
This Resolution passed by / 0 vote of the Board of County Commissioners of
the County of Eagle, State of Colorado.
2
AMENDED CERTIFICATION OF VALUES
Name of Jurisdiction:EAGLE COUNTY GENERAL FUND, 001 New District:
USE FOR STATUTORY PROPERTY TAX REVENUE LIMIT CALCULATIONS (5.5% LIMIT) ONLY
In accordance with 39-5-121(2)(a)and 39-5-128(1),C.R.S.The total Assessed Valuations for taxable year 2015
In EAGLE COUNTY On 11/23/2015 Are:
Previous Year's Net Total Assessed Valuation: $2,559,329,720
Current Year's Gross Total Assessed Valuation: $3,020,624,960
(-) Less TIF district increment,if any: $93,016,190
Current Year's Net Total Assessed Valuation: $2,927,608,770
New Construction*: $20,765,790
Increased Production of Producing Mines*": $0
ANNEXATIONS/INCLUSIONS: $0
Previously Exempt Federal Property**: $0
New Primary Oil or Gas production from any
Oil and Gas leasehold or land(29-1-301(1)(b)C.R.S.)*"*: $0
Taxes Received last year on omitted property
as of August 1 (29-1-301(1)(a)C.R.S.)Includes all revenue $27.51
collected on valuation not previously certified.
Taxes Abated or Refunded as of August 1 $61,332.90
(39-10-114(1)(a)(I)(B)C.R.S.):
This value reflects personal property exemptions IF enacted by the jurisdiction as authorized by Art.X,Sec.20(8)(b),Colo.Constitution
*New Construction is defined as:Taxable real property structures and the personal property connected with the structure.
**Jurisdiction must submit a certification to the Division of Local Government in order for a value to be accrued(DLG52&52A)
***Jurisdiction must submit an application to the Division of Local Government in order for a value to be accrued. (DLG 52B)
USE FOR 'TABOR' LOCAL GROWTH CALCULATIONS ONLY
In accordance with the Art.X,Sec.20,Colorado Constitution and 39-5-121(2)(b),C.R.S.The Actual Valuations for the taxable year 2015
In EAGLE COUNTY On 11/23/2015 Are:
Current Year's Total Actual Value of All Real Property*: $29,320,123,850
ADDITIONS TO TAXABLE REAL PROPERTY:
Construction of taxable real property improvements**: $226,310,230
ANNEXATIONS/INCLUSIONS: $0
Increased Mining Production***: $0
Previously exempt property: $2,914,030
Oil or Gas production from a new well: $0
Taxable real property omitted from the previous year's tax $70,390
warrant. (Only the most current year value can be reported):
DELETIONS FROM TAXABLE REAL PROPERTY IMPROVEMENTS: $29,183,770
Destruction of taxable property improvements.
Disconnections/Exclusions: $0
Previously Taxable Property: $1,623,920
*This includes the actual value of all taxable real property plus the actual value of religious,private schools,and charitable real property.
**Construction is defined as newly constructed taxable real property structures.
***Includes production from a new mine and increase in production of a producing mine.
NOTE:All levies must be certified to the Board of County Commissioners no later than December 152015
