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HomeMy WebLinkAboutR24-096 Adoption of the 2025 Fiscal Budget Mill Levy Docusign Envelope ID:2C7A7C4D-015D-48A5-8BB8-B07E52235DF0 Commissioner McQueeney moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2024 - 096 RESOLUTION CONCERNING ADOPTION OF THE 2025 FISCAL BUDGET MILL LEVY WHEREAS, the Eagle County Assessor has certified to the Board of County Commissioners a net total tax year 2024 taxable assessed valuation of$5,010,120,080; and WHEREAS, the Board of County Commissioners has approved Resolution 2024- adopting the Eagle County Budget and making appropriations for the fiscal year 2025; and WHEREAS, the annual budget of Eagle County, Colorado, for fiscal year 2025 requires the generation of property tax revenue for the various County Funds; and WHEREAS, pursuant to SB23-108, any local government may certify a temporary property tax credit, and such certification must include the local government's gross mill levy, temporary property tax credit,and net mill levy. NOW, THEREFORE,BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT for fiscal year 2025, the following property tax mill levies are hereby approved: 1. A property tax levy of 4.652 mills for the General Fund is approved; 2. A property tax levy of 1.359 mills for the Road and Bridge Fund is approved; 3. A property tax levy of 0.823 mills for the Social Services Fund is approved; 4. A property tax levy of 1.500 mills with 0.109 mills temporary property tax credit is provided for.the Open Space Fund; 5. A property tax levy of 0.165 mills for the Insurance Reserve Fund is approved; and 1 Docusign Envelope ID:2C7A7C4D-015D-48A5-8BB8-B07E52235DF0 THAT the total combined gross mill levy will be 8.499 mills, with a temporary property tax credit in the Open Space Fund of 0.109 mills, for a total combined net mill levy of 8.390 mills for fiscal year 2025. MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its special public meeting held the 12th day of December, 2024. r— Signed by: 1 F.ALF c� COUNTY OF EAGLE, STATE OF y COLORADO,by and Through Its ATTEST: coLoR.,� BOARD OF COUNTY COMMISSIONERS Signed by: e—Signed by: riellilitA. 0-16v'iwt, By: M. } S ,vv' F9D62F2-16896140... 81E782D718E0 73.. Clerk to the Board of Matt Scherr County Commissioners Chair DocuSigned by: -¢ 17Q raddc19AFRddd7A Jeanne McQueeney Commissioner Signed by: a,.. v1' RRARA1 FFFRRddnl Kathy Chandler-Henry Commissioner Commissioner chandler-Henry seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Scherr Aye Commissioner McQueeney Aye Commissioner Chandler-Henry Aye This Resolution passed by 3/0 vote of the Board of County Commissioners of the County of Eagle, State of Colorado. 2