HomeMy WebLinkAboutResolution-2007-0052
RESOLUTION NO. 52
Series of 2007
TITLE:
A RESOLUTION LEVYING GENERAL PROPERTY
TAXES FOR THE YEAR OF 2007, TO HELP DEFRAY THE
COSTS OF GOVERNMENT FOR THE CITY OF WHEAT
RIDGE, COLORADO FOR THE 2008 BUDGET YEAR
WHEREAS, the City Council of the City of Wheat Ridge adopted the 2008
annual budget on October 22, 2007 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 $776,714, and;
WHEREAS, the Local Government Budget Law requires certification of the annual
property tax mill levy by December 15,2007, and;
WHEREAS, the total net assessed valuation of all taxable property subject to taxation
for the year of 2007 is $424,433,840 and;
WHEREAS, the City for the fiscal year 2007 has determined to levy 1.830 mills on all
taxable property within the City; and
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 2008 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 2007.
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 TIDS 10 tJ., day of ~2007.
d / IudL
~LLIO, MAYOR
A~
MICHAEL SNOW, CITY CLERK