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Home My WebLink Aboutbocc.res.122.2024EMERGENCY RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS (“BOCC”) OF PITKIN COUNTY, COLORADO, LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2024, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR PITKIN COUNTY, COLORADO, AND ITS SPECIAL DISTRICTS FOR FISCAL YEAR 2025 RESOLUTION NO. 122-2024 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 (“HRC”) 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, Pursuant to Section 2.8.5 of the HRC the Board is authorized to approve emergency resolutions, which shall become effective immediately upon adoption, 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 2024 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 2024 valuation of assessment, as certified by the County Assessor on December 2, 2024 and the amount of money necessary to balance the budget for each county fund are listed in the attached table; and WHEREAS, The BOCC finds that for the purpose of balancing the 2025 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 2024; 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 TOTAL MILL LEVY TOTAL PROPERTY TAX Pitkin County General Fund $ 5,684,821,370 1.760 $10,005,285 Road & Bridge Fund 5,684,821,370 0.136 773,136 Human Services Fund 5,684,821,370 0.065 369,513 TV & FM Translator Fund 5,684,821,370 0.213 1,210,867 Healthy Community Fund 5,684,821,370 0.732 4,161,289 Housing Fund 5,684,821,370 1.500 8,527,232 Open Space & Trails Fund 5,684,821,370 3.750 21,318,080 Pitkin County Total 8.156 $46,365,402 Special Districts Pitkin County Library 5,385,766,730 1.041 5,606,583 Aspen Ambulance District 4,510,707,470 0.900 4,059,637 Twining Flats RGID 6,563,030 1.725 11,321 Redstone Ranch Acres RGID 2,566,350 15.000 38,495 GRAND TOTAL 26.822 $56,081,438 WHEREAS, The BOCC finds that approval of this resolution is necessary for the immediate preservation of the public health, safety and welfare of the citizens of Pitkin County and therefore declares this resolution to be effective immediately pursuant to the HRC Section 2.8.5. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that it hereby adopts an Emergency Resolution of The Board of County Commissioners (“BOCC”) Of Pitkin County, Colorado, Levying General Property Taxes For The Year 2024, To Help Defray The Costs Of Government For Pitkin County, Colorado, And Its Special Districts For Fiscal Year 2025 and authorizes the Chair to sign the Resolution and upon the satisfaction of the County Attorney as to form, execute any other associated documents necessary to complete this matter. INTRODUCED, READ AND ADOPTED AS AN EMERGENCY RESOLUTION ON THE 10TH DAY OF DECEMBER 2024 AND SET FOR CONFIRMATORY PUBLIC HEARING ON THE 18TH DAY OF DECEMBER 2024. NOTICE OF CONFIRMATORY PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE EMERGENCY RESOLUTION PUBLISHED IN THE ASPEN DAILY NEWS ON THE 5TH DAY OF DECEMBER 2024. NOTICE OF CONFIRMATORY PUBLIC HEARING AND THE FULL TEXT OF THE EMERGENCY RESOLUTION POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.pitkincounty.com ) ON THE 5TH DAY OF DECEMBER 2024. CONFIRMED AT A DULY NOTICED PUBLIC HEARING ON THE 18TH DAY OF DECEMBER 2024. POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.pitkincounty.com ) AFTER ADOPTION AT A DULY NOTICED CONFIRMATORY PUBLIC HEARING, ON THE 26TH DAY OF DECEMBER 2024. PUBLISHED BY TITLE AND SHORT SUMMARY, AFTER A DULY NOTICED CONFIRMATORY PUBLIC HEARING, IN THE ASPEN DAILY NEWS ON THE 26TH DAY OF DECEMBER 2024. ATTEST: BOARD OF COUNTY COMMISSIONERS By _________________________ By: _____________________________ Sam Engen Greg Poschman, Chair Clerk to the Board Date: ______________ APPROVED AS TO FORM: MANAGER APPROVAL ___________________________ _________________________________ Richard Neiley, III Jon Peacock, County Manager Interim County Attorney Dec-18-2024 Exhibit A: PITKIN COUNTY 2024 Mill Levies with Temporary Mill Levy Rate Reduction 2024 property tax collected in 2025 TAXING DISTRICT 12/2/2024 Gross CY PY Net Property Mill Levy Abatement Total Total AND FUND Valuation Mill Levy Refund Refund Mill Levy Tax Abatements Amount Mill Levy Property Tax PITKIN COUNTY General Fund 5,684,821,370 3.169 (1.419) ‐ 1.750 9,948,437 0.010 56,848 1.760 10,005,285 Road & Bridge Fund 5,684,821,370 0.136 ‐ ‐ 0.136 773,136 ‐ ‐ 0.136 773,136 Human Services Fund 5,684,821,370 0.065 ‐ ‐ 0.065 369,513 ‐ ‐ 0.065 369,513 TV & FM Translator 5,684,821,370 0.374 (0.162) ‐ 0.212 1,205,182 0.001 5,685 0.213 1,210,867 Healthy Community Fund 5,684,821,370 0.728 ‐ ‐ 0.728 4,138,550 0.004 22,739 0.732 4,161,289 Housing Fund 5,684,821,370 1.500 ‐ ‐ 1.500 8,527,232 ‐ ‐ 1.500 8,527,232 Open Space & Trails Fund 5,684,821,370 3.750 ‐ ‐ 3.750 21,318,080 ‐ ‐ 3.750 21,318,080 PITKIN COUNTY SUBTOTAL 9.722 (1.581) ‐ 8.141 46,280,130 0.015 85,272 8.156 46,365,402 SPECIAL DISTRICTS Pitkin County Library 5,385,766,730 1.625 (0.589) ‐ 1.036 5,579,654 0.005 26,929 1.041 5,606,583 Aspen Ambulance District 4,510,707,470 1.100 (0.200) ‐ 0.900 4,059,637 ‐ ‐ 0.900 4,059,637 Twining Flats GRID 6,563,030 2.769 (1.044) ‐ 1.725 11,321 ‐ ‐ 1.725 11,321 Redstone Ranch Acres GRID 2,566,350 15.000 ‐ ‐ 15.000 38,495 ‐ ‐ 15.000 38,495 GRAND TOTAL 30.216 (3.414) ‐ 26.802 55,969,237 0.020 112,201 26.822 56,081,438 Temp. Mill Levy Reduction