TC Res. No. 2005-52 LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2005,TOWN OF AVON, COLOADO
RESOLUTION NO. 05-52
SERIES OF 2005
A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2005,
TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF AVON,
COLORADO, FOR THE 2006 BUDGET YEAR
WHEREAS, the Town Council of the Town of Avon has adopted the annual budget in
ac rdance with the Local Government Budget Law on November 22, 2005; and
WHEREAS, the amount of money necessary to balance the budget for general operating
purposes from property tax revenue is $1,512,728; and
WHEREAS, the amount of money to balance the budget for bonds and interest is
$740,318; and
WHEREAS, the 2005 `valuation for assessment for the Town of Avon, as certified by the
County Assessor is $168,906,640.''
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 2006 budget year there is levied a tax of 8.956 mills upon each dollar of the
total valuation for assessment of all taxable property within the Town of Avon for the year 2005.
Section 2. That for the purpose of meeting all bonds and interest of the Town of Avon
during the 2006 budget year there is levied a tax of 4.383 mills upon each dollar of the total
valuation for assessment of all taxable property within the Town of Avon for the year 2005.
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 13th day of December 2005.
TO O AVON, COL RADO
4~® U OF A....~
40 C~.
onal C. Wolfe
r
A 1, Mayor
ATTEST:
--T nc k ~~LORA®~'
CERTIFICATION OF TAX LEVIES for NON-SCHOOL Governments *
* School governments must use forms provided by the Colorado Department of Education (303) 866-6600.
TO: County Commissioners of Eagle County, Colorado. The Town Council
(governing board)
of the Town of Avon. hereby certifies the following mill levies to be extended upon the
(name of local government)
GROSSI assessed valuation of $ 1683,1906,640 Submitted this date: December 13, 2005
PURPOSE
1. General Operating Expenses [This includes
fire pension, unless fire pension levy is voter-
approved; if so, use Line 7 below.]
2.. (Minus) Temporary Property Tax Credit/
Temporary Mill Levy Rate Reduction,
39-1-111:5, C.R.S.
LEVY
8.956
REVENUE
mills $ 1,512,728
< > mills T $ < >
} IF THE CREDIT DOES NOT APPLY TO the General Operating Expenses levy
iPLEASE INDICATE HERE THE LEVY TO WHICH THE CREDIT APPLIES
SUBTOTAL
3. General Obligation Bonds and Interest
[Special districts must certify separately for each
debt pursuant to 32-1-1603, C.R.S.; see Page 2 of
this form. If bond levy ended last year, enter date/name].
4. Contractual Obligations Approved At
. Election
5. Capital Expenditures [These revenues are not
subject to the statutory property tax revenue limit if
they are approved by counties and municipalities
through public hearings pursuant to 29-1-301(1.2)
C.R.S. and for special districts though approval from
the Division of Local Government pursuant to 29-1-
302(1.5) C.R.S. or for any entity if NWroved at
election.]
6.. Refunds/Abatements [if the gov't.entity is in more
than one county, the levy must be uniform throughout the
entity's boundaries].
7. Other (specify):
TOTAL
8.956 mills $ 1,512,728
4.383 mills $ 740,318.
mills $
mills
$
mills
$
mills
$
13.339 mills $ 2,253,046
NOTE: Certification must be carried to three decimal places only.
NOTE: If you certify to more than one county, you must certify the same levy to each county.
NOTE: If your boundaries extend into more than one county, please list all counties here:
Counties:
Contact person: Daytime
(print) Scott C. Wright phone: (970) 7484055
Signed: Title: Mayor -
Send one completed copy of this form to the Division of Local Government (DLG), Room 521,1313 Sherman Street, Denver,
Colorado 80203 when you submit it to the Board(s) of County Commissioners. Questions? Call DLG.at (303) 866-2156.
As reported by Count
y Assessor in final certification of valuation; use NET Assessed Valuation to calculate any levy.
Form DLG 70 (rev-7/03) Page 1 of 2
4
CERTIFICATION OF TAX LEVIES, continued
THIS APPLIES ONLY TO TITLE 32. ARTICLE 1 SPECIAL DISTRICTS THAT LEVY TAXES
FOR PAYMENT OF GENERAL OBLIGATION DEBT (32-1-1603 C.1LS.). Special Districts must
certify separate mill levies and revenues to the Board of County Commissioners, one each for the funding
requirements of each debt (32-1-1603, C.R.S.) Use additional pages as necessary. Total of all levies should
be recorded on Page 1, Line 3.
CERTIFY A SEPARATE MILL LEVY FOR EACH BOND OR CONTRACT:
BONDS:
1. Purpose of Issue:
Series:
Date of Issue:
Coupon Rate:
Maturity Date:
Levy:
Revenue:
2. Purpose of Issue:
Series:
Date of Issue:
Coupon Rate:
Maturity Date:
Levy:
Revenue:
CONTRACTS:
3. Purpose of Contract:
Title:
Date:
Principal Amount:
Maturity Date:
Levy:
Revenue:
4. Purpose of Contract:
Title:
Date:
Principal Amount:
Maturity Date:
Levy:
Revenue:
Form DLG 70 (rev 7/03) Page 2 of 2