TC Res. No. 1998-81RESOLUTION NO. 98-81
SERIES OF 1998
A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR
1998, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF
AVON, COLORADO, FOR THE 1999 BUDGET YEAR
WHEREAS, the Town Council of the Town of Avon has adopted the annual
budget in accordance with the Local Government Budget Law on November 10, 1998;
and
WHEREAS, the amount of money necessary to balance the budget for general
operating purposes from property tax revenue is $1,142,053; and
WHEREAS, the amount of money to balance the budget for bonds and interest is
$789,149; and
WHEREAS, the 1998 valuation for assessment for the Town of Avon, as certified
by the County Assessor is $99,690,400.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF AVON, COLORADO:
Section 1. That for the purpose of meeting all general operating expenses of the
Town of Avon during the 1999 budget year there is levied a tax of 11.456 mills upon
each dollar of the total valuation for assessment of all taxable property within the Town
of Avon for the year 1998.
Section 2. That for the purpose of meeting all bonds and interest of the Town of
Avon during the 1999 budget year there is levied a tax of 7.916 mills upon each dollar of
the total valuation for assessment of all taxable property within the Town of Avon for the
year 1998.
Section 3. That the Mayor is hereby authorized and directed to immediately
certify to the County Commissioners of Eagle County, Colorado, the mill levies for the
Town of Avon as hereinabove determined and set.
ADOPTED this 8t' day of December, 1998.
TOWN OF AVON, COLORADO
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Nash,`Town Clerk
CERTIFICATION OF TAX LEVIES
TO: County Commissioners of Eagle County, Colorado. For
the year 1q). 8--, ,the Town Council of the rpnwn or;- rt,Q;p
(governing board) (unit of government)
hereby certifies the following mill levies to be extended upon the total assessed valuation of
$99,690,400
PURPOSE
1. General Operating Expenses
2. Refunds/Abatements
3. Annual Incentive Payments pursuant to
30.11-123(6) CRS (Connties only) or
31-15-903(5) CRS (Municipalities only)
SUBTOTAL
4. General Obligation Bonds and Interest*
5. Contractual Obligations Approved at Election
6. Capital Expenditures levied puissant to CRS
29-1-301(1.2) (Counties and Municipalities
only) or CRS 29-1-302(1.5) (Special
Districts only)
7. Expenses Incurred in Reappraisal
pursuant to Ordered or Conducted by State
Board of Equalization (County only)
8. Payment to State of Excess State
Equalization Payments to School
Districts (County only)
9. Temporary Property Tax Credit/
Temporary Mill. Levy Rate Reduction
CRS 39-5-111.5
10. Other (specify)
GROSS TOTAL or NET TOTAL
LEVY
11.4 56 mills
mills
mills
REVENUE
$ 1'149, Q';3
13. d-56- mills $ -41+42,653
7.916 mills $ 789,149
- mills $
mills $
mills $ -
mills $
- Mills $
Mills $
19.372 mills $ 1,931,202
Contact person: Scott Wright Daytime Phone: (970 )74R-4055
Signed: Title Mayor
Date: Deeler 9, 1998
• CRS 32-1-1603 requires Special Districts to "certify separate mill levies to the Board of County . .
Commissioners, one each for funding requirements of each debt." Space is provided on the back of this
form. Total should be recorded above on line 4.
NOTE: Certification must be to three decimal places only. If your boundaries extend into more than
one county, please fist all counties here:
Send a copy to Division of Local Government, Room 521, and the Division of Property Taxation, Room
419 1313 Sherman Street, Denver, Colorado 80203.
FORM DL6 70 (Rev. 6/94)
A-17 Revised 10/96