HomeMy WebLinkAboutResolution-1975-0422
INTRODUCED BY COUNCILMAN
Cavarra
RESOLUTION NO. 422
Series of 1975
TITLE: RESOLUTION ADOPTING THE CITY BUDGET AND ESTABLISHING A MILL
LEVY FOR THE PURPOSE OF DERIVING PROPERTY TAX REVENUES TO
THE CITY OF WHEAT RIDGE FOR THE FISCAL YEAR 1976
WHEREAS, the City of Wheat Ridge Budget for the fiscal year
1976 has been established and a public hearing held thereon after due
published notice; and
WHEREAS, the budget provides for revenues and operating and
capital expenditures in the total amount of $4,178,572 which includes
$2,962,372 in the General Fund, $1,050,000 in the Capital Improvements
Fund, and $166,200 in Special Funds; and
WHEREAS, $376,339 of the General Fund Budget is estimated to
be derived from ad valorem property taxes and the balance derived from
other estimated revenue sources;
NOW, THEREFORE, BE IT RESOLVED THAT:
1. The City of Wheat Ridge total Budget for the fiscal period
beginning January 1, 1976, and ending December 31, 1976, be hereby
approved and adopted.
2. The property tax mill levy for General Fund operating and
capital purposes is hereby established at 4.8 mills and assessed against
all real property within the City of Wheat Ridge for taxes to be collected
in 1976 for the valuation year 1975.
this
DONE AND RESOLVED by a vote of 6
5th day of November, A.D. 1975.
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