HomeMy WebLinkAboutResolution-1985-0959
RESOLUTION NO. ~~___
Series of 1985
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 1985.
WHEREAS, the City of Wheat Ridge Annual BUdget for the
fiscal year 1986 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 $ 14,898,080
which includes the following funds:
1. General Fund.......................... $ 9,682,880
Mayor................... .$
Ci ty Council.............
City Clerk...............
City Treasurer. .... ......
Municipal Court..........
City Administrator.......
City Attorney....... .....
Community Development....
Police.................. .
Public Works...... .......
Parks & Recreation.......
Reserve Accounts.........
General Operations.......
30,468
93,860
155,472
351,988
113,330
204,232
105,750
553,803
3,062,520
1,533,179
1,248,028
1,712,860
517,390
2. Capital Improvement Fund.............$ 3,182,533
3. General Revenue Sharing.............. 295,525
4. Park Acquisition..................... 19,412
5. Conservation Trust Fund.............. 127,000
6. Senior Center Fund................... 22,703
7. Building Demolition Fund............. 13,159
8. Open Space Fund... ................... 500,000
9. Urban Renewal Authority Funds........ 445,497
10. Fleet Management Fund................
609,371
WHEREAS, $498,608 of the General Fund Budget is estimated
to be derived from ad valorem property taxes and the balance
derived from other estimated revenue sources;
Page 2
Resol uti on No.
959
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, 1986 and ending December 31, 1986.
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 1986 for the valuation year
1985.
DONE AND RESOLVED this
A.D. 1985.
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Frank Stites, Mayor
ATTEST: ~
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Wanda Sang, City lerk