HomeMy WebLinkAboutResolution-1986-1007
RESOLUTION NO. 111m
Series of 1986
TITLE: RESOLUTION ADOPTING THE CITY BUDGET AND ESTABLISHING MILL
LEVY FOR THE PURPOSE OF DERIVING PROPERTY TAX REVENUES TO
THE CITY OF WHEAT RIDGE FOR THE FISCAL YEAR 1987.
WHEREAS, the City of Wheat Ridge Annual Budget for the
fiscal year 1987 has been established and Public Hearings and
Meetings have been held after duly published public notices; and
WHEREAS, The Budget provides for revenues and operating
and capital expenditures in the total amount of $ 14,215,495
which includes the following funds:
1. General Fund.......................... $ 9, 3S7 , 336
Mayo r. . . . . . . . . . . . . . . . . . . . $
Wheat RidGe Festival.....
City COllncil.............
City Clerk...............
City Treasurer...........
Municipal Court..........
City Administrator.......
City Attorney............
Community Development....
Pol ice. . . . . . . . . . . . . . . . . . .
Public Works.............
Parks & Recreation.......
Reserve Accounts.........
General Operations.......
30,613
9,350
88,610
111,248
355,737
108,593
222, 1 87
105,750
473,121
3,045,195
1,605,056
1 , 1 82 , 354
1,414,172
605,350
2. Capital Improvement Fund.............$ 2,946,519
3. General Revenue Sharing.............. 34,258
4. Park Acquisition..... ..... ..... ...... 20,932
5. Conservation Trust Fund.............. 269,729
6. Senior Center Fund.... .... ........... 37,487
7. Building Demolition Fund............. 13,905
8. Open Space Fund...................... 820,000
9. Urban Renewa_ Authority Funds.. ...... 221,597
10. Fleet Manae;e!:lcnt Fund................
493,732
WHEREAS, $500,616 of the General Fund Budget is estimated
to be derived from ad valorem property taxes and the b~lance
derived f~om other estimated revenue sources;
Bl
Page 2
Resolution No. 1007
NOW, THEREFORE, BE IT RESOLVED THAT:
A. The City of Wheat Ridge total Budget as stated in
this Resolution be hereby approved and adopted for the fiscal
period beginning January 1, 1987 and ending December 31, 1987.
B. The property tax mill levy for General Fund operating
purposes is hereby established at 3.5 mills and assessed against
all real property located within the City of Wheat Ridge for
property taxes to be collected in 1987 for the valuation year
1986.
DONE AND RESOLVED this
A. D. 1 9 86 .
27th
day of
October
--- / ,Ie I~ ,I C !.~
Frank Stites, Mayor
Ell 1 '1)