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HomeMy WebLinkAboutbocc.res.097.2019A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS (`BOCC") LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2019, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR PITKIN COUNTY, COLORADO, AND ITS SPECIAL DISTRICTS FOR FISCAL YEAR 2020 RESOLUTION NO. 017 , 2019 RECITALS: WHEREAS, Pitkin County, Colorado, is a legal and political subdivision of the State of Colorado, for which the Board of County Commissioners is authorized to act; and WHEREAS, pursuant to Section 2.8.3 (Actions) of the Pitkin County Home Rule Charter (" IIRC") official action by formal resolution shall be required for all actions of the Board not requiring ordinance power on matters of significant importance affecting citizens; and WHEREAS, the Board of County Commissioners of Pitkin County is required to levy property taxes pursuant to §39-1-111 and §29-1-108 of the Colorado Revised Statutes (C.R.S.), as amended; and WHEREAS, the assessed valuation for Pitkin County is defined by the County Assessor's 2019 appraisal of all property as described by the existing state property tax law. This assessed valuation is applied to the mill levy for each county taxing entity or fund listed, to determine the property tax herein; and WHEREAS, a temporary mill levy reduction is necessary to avoid collection of excess revenue under Colorado State Constitution, Article X, Section 20, and the Colorado Legislature has determined that either a temporary property tax credit or a temporary mill levy rate reduction is a reasonable method for setting annual mill levies and effecting property tax refunds in accordance with Section 20 of Article X of the State Constitution; and WHEREAS, C.R.S. §39-1-111.5 authorizes a local government to certify a refund in the form of a temporary property tax credit or a temporary mill levy rate reduction, provided that the certification includes the gross mill levy, the temporary property tax credit or temporary mill levy rate reduction expressed in mill levy equivalents, and the net mill levy and under C.R.S. §39-1-111.5(4), the Assessor shall, concurrent with delivery of tax warrants to the Treasurer, itemize duly certified temporary property tax credits or temporary mill levy rate reductions in the manner set forth in C.R.S. §39-1-111.5(2), and under C.R.S. §39-1-111.5(5) the tax statements shall indicate by footnote which local government mill levies reflect a temporary property tax credit or temporary mill levy rate reduction for the purpose of effecting a refund, and WHEREAS, the 2019 valuation of assessment, as certified by the County Assessor on August 23, 2019 and the amount of money necessary to balance the budget for each county fund are listed in the attached table; and WHEREAS, the Board of County Commissioners finds that it is in the best interests of the citizens of Pitkin County to approve this Resolution. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that for the purpose of balancing the 2020 budget, the following taxes are hereby levied upon each dollar of the total valuation for assessment of all taxable property within the taxing districts shown below for the year 2019; that a temporary mill levy rate reduction is authorized; and that the individual mill levies are expressed in terms of the gross mill levy, the temporary mill levy rate reduction shown in mill levy equivalents, and the net mill levy as shown in Exhibit A: TAXING DISTRICT AND FUND VALUATION Pitkin County General Fund Road & Bridge Fund Human Services Fund TV & FM Translator Healthy Community Fund Open Space & Trails Fund Pitkin County Total Special Districts Pitkin County Library Aspen Ambulance District Twining Flats GID Redstone Ranch Acres GID GRAND TOTAL 3,432,265,480 265,480 265,480 265,480 265,480 TOTAL MILL TOTAL LEVY PROPERTY TAX 0.501 1,371,849 2.310 $7,928,534 0.171 586,917 0.065 223,097 0.274 ' 940,440 0.941 3,229,762 3.750 ' 12,870,996 7.511 25,779,746 3,243,988,150 1.377 ' 4,466,972 2,738,220,820 0.501 1,371,849 3;496,210 2.535 8,863 ' 1,859,710 5.004 9,306 16.928 31,636,736 r INTRODUCED AND FIRST READ ON THE 4TH DAY OF DECEMBER, 2019 AND SET FOR SECOND READING AND PUBLIC HEARING ON THE 10TH DAY OF DECEMBER 2019. NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY O� DAY OF RESOLUTION PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE 2019. NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ONTHE OFFICIAL,PITKIN COUNTY WEBSITE (www.pitkincounty.com) ON THE _DAY OF Y 2019. ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE 10TH DAY OF DECEMBER 2019. PUBLISHED BY TITLE AND SHORT SUMMARY, AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON THE j4j!�- DAY OF e..t, wl er, 2019. POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.pitkincounty.coin ) ON THE DAY O w�kae�r' , 2019. AT HST: BOARD OF COUNTY COMMISSIONERS C, By. Jea to Jones �Ci�eg schman, Chair Dep County C41'j— By er Date: I z --k / i i APPROVED AS TO FORM: MANAGER APPROVAL John Ely, C tt Jon P cock, County Mana r