TC Res. No. 2003-50TOWN OF AVON, COLORADO
RESOLUTION NO. 03-50
SERIES OF 2003
A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR
2003, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF
AVON, COLORADO, FOR THE 2004 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 25, 2003; and
WHEREAS, the amount of money necessary to balance the budget for general operating
purposes from property tax revenue is $1,305,543; and
WHEREAS, the amount of money to balance the budget for bonds and interest is
$743,993; and
WHEREAS, the 2003 valuation for assessment for the Town of Avon, as certified by the
County Assessor is $145,773,070.
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 2004 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 2003.
Section 2. That for the purpose of meeting all bonds and interest of the Town of Avon
during the 2004 budget year there is levied a tax of 5.155 mills upon each dollar of the total
valuation for assessment of all taxable property within the Town of Avon for the year 2003.
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
r
ATT
Patty M e y, Toi
,i~-November, 2003.
TOWN OF AVO OLORADO
Albert D. Reynolds, yor
_
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)
GROSS: assessed valuation of $ _ 145., 773, 070 Submitted this date: Dec. 2, 2003
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
< > mills + $ < >
.t. IF THE CREDIT DOES NOT APPLY TO the General Operating Expenses levy
PLEASE IIQDICATE HERE THE LEVY TO WMCH 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 L of this form.]
4. Contractual Obligations Approved At
Election
8.956 mills $ 1, 305; 544
5.155 mills , $ 751,460
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 29-1-30](1.2) C.R.S. and for special districts
thoush avvroval from the Division df Local
Government pursuant to 29-1-302(1.5) C.R.S.
or for any entity if avyroved at election.]
6. Refunds/Abatements
7. Other (specify):
TOTAL
REVENUE
mills $ 1,305, 544
Mills $
mills $
mills $
mills $
14.111 mills $ 2,057,004 -
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 righ phone: (970) 748-4055
f
Signed: Title: Mayor
Send one completed cope 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 Cou» tr Commissioners. Questions? Call DLG at (303) 866-2156.
g, Assessor in final certification of valuation; use NET Assessed Valuation to,calculate any le►y.
As reported by Count
Form DLG 70 (rev 6/02) Page I of 2