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TC Res. No. 2015-26 Levying General Property Taxes for the Year 2015, to help defray the costs of government for the Town of AvonTOWN OF AVON RESOLUTION NO. 15 -26 SERIES OF 2015 A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2015, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF AVON, COLORADO, FOR THE 2016 BUDGET YEAR WHEREAS, the Town Council of the Town of Avon has adopted the annual budget in accordance with the Local Government Budget Law and Town Charter on December 8, 2015; and WHEREAS, the amount of money necessary to balance the budget for general operating purposes from property tax revenue is $1,742,708; and WHEREAS, the amount of money to balance the budget for bonds and interest is $546,591; and WHEREAS, the 2015 net total assessed valuation for the Town of Avon, as certified by the County Assessor is $194,585,530. 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 2016 budget year there is levied a tax of 8.956 mills upon each dollar of the net total assessed valuation of all taxable property within the Town of Avon for the year 2015. Section 2. That for the purpose of meeting all bonds and interest of the Town of Avon during the 2016 budget year there is levied a tax of 2.809 mills upon each dollar of the net total assessed valuation of all taxable property within the Town of Avon for the year 2015. Section 3. That the Mayor is hereby authorized and directed to certify to the County Commissioners of Eagle County, Colorado, the mill levies for the Town of Avon as hereinabove determined and set. ADOPTED this 8th day of December, 2015. TOWN OF AVON, COLORADO Je 'e Fancher Mayor ATTEST: De bie Hoppe Town Clerk