HomeMy WebLinkAbout2024 - RESO 49 - Mill LevyCITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 49 Series of 2024 TITLE: A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2024, TO HELP DEFRAY THE COSTS OF
GOVERNMENT FOR THE CITY OF WHEAT RIDGE, COLORADO FOR THE 2025 BUDGET YEAR WHEREAS, the City Council of the City of Wheat Ridge adopted the 2025 annual budget on November 25, 2024 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 $1,461,975, and;
WHEREAS, the Local Government Budget Law requires certification of the annual property tax mill levy by December 15, 2024, and; WHEREAS, the total net assessed valuation of all taxable property subject to taxation for the year 2024 is $798,893,475 and;
WHEREAS, the City for the fiscal year 2024 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 2025 budget year, there is hereby levied a tax
of 1.830 mills placed upon each dollar of the total valuation of all taxable property within the City of Wheat Ridge for the year 2024. 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 above determined and set.
DONE AND RESOLVED this 25th day of November 2024.
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Bud Starker, Mayor ATTEST: _____________________________
Margy Greer, Sr. Deputy City Clerk