HomeMy Public PortalAboutResolution 2011-12-05 Levying Property Taxes for the Year 2011 to Help Defray the Costs of Government for the Budget Year 2012(SEAL)
TOWN OF FRASER
RESOLUTION NO. 2011 -12 -05
LEVYING PROPERTY TAXES FOR THE YEAR 2011
TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR
FRASER, COLORADO, FOR THE BUDGET YEAR 2012
WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual
budget in accordance with all Local Government Laws, on December 7, 2011; and
WHEREAS, the 2011 final valuation for Fraser, as certified by the County Assessor on
November 23, 2011, is 36,804,400.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of
Fraser, Colorado:
SECTION 1. That for the purpose of meeting all general operation expenses of the
Town during the 2012 Budget year, there is hereby levied a tax of 5.883 mills upon each
and every dollar of valuation for assessment of all properties within the Town of Fraser
for the year 2011. Based upon the November 23, 2011 final assessed valuation
certification as provided by the County Assessor, this would result in an amount of
216,520.
SECTION 2. That for the purpose of meeting all general obligation bond debt of the
Town during the 2012 Budget year, there is hereby levied a tax in an amount
appropriate to raise 80,000, currently 2.174 mills, based upon the November 23, 2011
final assessed valuation certification as provided by the County Assessor, upon each
and every dollar of valuation for assessment of all properties within the Town of Fraser
for the year 2011.
SECTION 3. That for the purpose of collecting abated taxes in the amount of 368
during the 2012 Budget year, there is hereby levied a tax in an amount appropriate to
raise 368 currently .010 mills, based upon the November 23, 2011 final assessed
valuation certification as provided by the County Assessor, upon each and every dollar
of valuation for assessment of all properties within the Town of Fraser for the year 2011.
SECTION 4. That the Town Clerk is hereby authorized and directed to immediately
certify to the County Commissioners of the County of Grand, the mill levies for the Town
of Fraser as herein above described and fixed.
DULY MOVED, SECONDED, AND ADOPTED THIS 7 DAY OF DECEMBER, 2011.
Votes in favor: 7
Votes opposed: IQ
Absent: 12
Abstained: _k
BOARD OF TRUSTEES OF THE
TOWN OF FRASER, COLORADO
ATTEST:
&JIM
Town Clerk