HomeMy Public PortalAboutResolution 2013-12-16 Levying Property Taxes for the Year 2013 to Help Defray the Costs of Government for Fraser for the Budget Year 2014 TOWN OF FRASER
RESOLUTION NO. 2013-12-16
LEVYING PROPERTY TAXES FOR THE YEAR 2013
TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR
FRASER, COLORADO, FOR THE BUDGET YEAR 2014
WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget
in accordance with all Local Government Laws, on December 11, 2013; and
WHEREAS, the 2013 final valuation for Fraser, as certified by the County Assessor on
November 26, 2013, is $ 33,285,020.
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 2014 Budget year, there is hereby levied a tax of 5.886 mills upon each
and every dollar of valuation for assessment of all properties within the Town of Fraser
for the year 2013. Based upon the November 26, 2013 final assessed valuation
certification as provided by the County Assessor, this would result in an amount of
$ 195,916.
SECTION 2. That for the purpose of meeting all general obligation bond debt of the
Town during the 2014 Budget year, there is hereby levied a tax in an amount appropriate
to raise $ 80,000, currently 2.404 mills, based upon the November 26, 2013 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 2013.
SECTION 3. 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 11th DAY OF DECEMBER, 2013.
Votes in favor: —7 BOARD OF R STEES PF THE
Votes opposed: TOWN OF F SER,' LO O
Absent:
Abstained: 0 BY:`
Mayor
ATTEST:
(SEAL)
CA-
Town Clerk
County Tax Entity Code DOLA LGID/SID /
CERTIFICATION OF TAX LEVIES for NON-SCHOOL Governments
TO: County Commissioners) of Grand County , Colorado.
On behalf of the Town of Fraser ,
(taxing entity)A
the Board of Trustees
(governing body)$
of the Town of Fraser
(local government)
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 33,285,020
assessed valuation of: (GROSS D assessed valuation,Line 2 of the Certification of Valuation Form DLG 57 E)
Note: If the assessor certified a NET assessed valuation
(AV)different than the GROSS AV due to a Tax
Increment Financing(TIF)Areg the tax levies must be $ 33,285,020
calculated using the NET AV. The taxing entity's total (NETG assessed valuation,Line 4 of the Certification of Valuation Form DLG 57)
property tax revenue will be derived from the mill levy
multiplied against the NET assessed valuation of:
Submitted: 12112113 for budget/fiscal year 2014
(not later than Dec.15) (mm/dd/yyyy) (yyyy)
PURPOSE(see end notes for definitions and examples) L,EVy2 REVENUE
1. General Operating ExpensesH 5.886 mills $ 195,916
2. <Minus>Temporary General Property Tax Credit/
Temporary Mill Levy Rate Reduction' < 0 > mills $ < 0 >
SUBTOTAL FOR GENERAL OPERATING: 5.886 mills $ 195,916
3. General Obligation Bonds and Interest' 2.404 mills $ 80,000
4. Contractual Obligations" 0 mills $ 0
5. Capital Expenditures'' 0 mills $ 0
6. Refunds/Abatements' 0.0 mills $
7. Other' (specify): 0 mills $ 0
0 mills $ 0
Sum of General Operating
TOTAL•
• [Subtotal and Lines 3 to 7 1 8.290 mills 1 $ 275,916
Contact person: Daytime
(print) Jeffrey Durbin phone: ( 970 ) 726-5491
Signed: Title: Town Manager
Include one copy of this tax entity's completed form when filing the local government's budget by January 31st,per 29-1-113 C.R.S., with the
Division of Local Government(DLG),Room 521, 1313 Sherman Street,Denver, CO 80203. Questions? Call DLG at(303)866-2156
'If the taxing entity's boundaries include more than one county,you must certify the levies to each county. Use a separate form
for each county and certify the same levies uniformly to each county per Article X,Section 3 of the Colorado Constitution.
2 Levies must be rounded to three decimal places and revenue must be calculated from the total NET assessed valuation(Line 4 of
Form DLG57 on the County Assessor's anal certification of valuation).
Form DLG 70(rev 7/08) Page 1 of 4