HomeMy WebLinkAboutResolution 53, 2020CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 53 Series of 2020
TITLE: A RESOLUTION LEVYING GENERAL PROPERTY TAXES
FOR THE YEAR OF 2020, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE CITY OF WHEAT RIDGE, COLORADO FOR THE 2021 BUDGET YEAR
WHEREAS, the City Council of the City of Wheat Ridge adopted the 2020 annual
budget on October 26, 2020 in accordance with the Local Government Budget Law,
and;
WHEREAS, the amount of money necessary to balance the budget for general operating purposes from real property tax revenue is $1,151,624, and;
WHEREAS, the Local Government Budget Law requires certification of the annual property tax mill levy by December 15, 2020, and;
WHEREAS, the total net assessed valuation of all taxable property subject to
taxation for the year of 2020 is $629,302,589 and;
WHEREAS, the City for the fiscal year 2020 has determined to levy 1.830 mills on all taxable property within the City;
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE:
A.That for the purpose of meeting all general operating expenses of the City
of Wheat Ridge during the 2021 budget year, there is hereby levied a tax
of 1.830 mills placed upon each dollar of the total valuation of all taxableproperty within the City of Wheat Ridge for the year 2020.
B.That the Mayor of the City of Wheat Ridge is hereby authorized and
directed to immediately certify to the County Commissioners of Jefferson
County, Colorado the mill levy for the City of Wheat Ridge as herein abovedetermined and set.
DONE AND RESOLVED this 26th day of October, 2020.
___________________________ Bud Starker, Mayor
ATTEST:
_________________________________ Steve Kirkpatrick, City Clerk
Form DLG 70 (rev 7/08) Page 1 of 2
3110 County Tax Entity Code DOLA LGID/SID / CERTIFICATION OF TAX LEVIES for NON-SCHOOL Governments
TO: County Commissioners1 of Jefferson County , Colorado.
On behalf of the City of Wheat Ridge ,
(taxing entity)A
the City Council
(governing body)B
of the City of Wheat Ridge
(local government)C
Hereby officially certifies the following mills to be levied against the taxing entity’s GROSS
assessed valuation of:
$ 649,958,674
(GROSSD assessed valuation, Line 2 of the Certification of Valuation Form DLG 57E)
Note: If the assessor certified a NET assessed valuation
(AV) different than the GROSS AV due to a Tax Increment Financing (TIF) AreaF the tax levies must be
calculated using the NET AV. The taxing entity’s total property tax revenue will be derived from the mill levy
multiplied against the NET assessed valuation of:
$ 629,302,589
(NETG assessed valuation, Line 4 of the Certification of Valuation Form DLG 57)
Submitted: 12-01-20 for budget/fiscal year 2021 .
(not later than Dec. 15) (mm/dd/yyyy) (yyyy)
PURPOSE (see end notes for definitions and examples) LEVY2 REVENUE2
1.General Operating ExpensesH 1.830 mills $ 1,151,624
2.<Minus> Temporary General Property Tax Credit/Temporary Mill Levy Rate ReductionI < >mills $ < >
SUBTOTAL FOR GENERAL OPERATING: 1.830 mills $ 1,151,624
3.General Obligation Bonds and InterestJ mills $
4.Contractual ObligationsK mills $
5.Capital ExpendituresL mills $
6.Refunds/AbatementsM mills $
7.OtherN (specify):mills $
mills $
TOTAL: [ Sum of General Operating Subtotal and Lines 3 to 7 ] 1.830 mills $1,151,624
Contact person: (print) Patrick Goff Daytime phone: (303) 235-2805
Signed: Title: City Manager
Include one copy of this tax entity’s completed form when filing the local government’s budget by January 31st, per 29-1-113 C.R.S., with the Division of Local Government (DLG), Room 521, 1313 Sherman Street, Denver, CO 80203. Questions? Call DLG at (303) 866-2156.
1 If the taxing entity’s boundaries include more than one county, you must certify the levies to each county. Use a separate form for each county and certify the same levies uniformly to each county per Article X, Section 3 of the Colorado Constitution. 2 Levies must be rounded to three decimal places and revenue must be calculated from the total NET assessed valuation (Line 4 of Form DLG57 on the County Assessor’s final certification of valuation).