TC Res. No. 2014-32 Resolution Levying General Property Taxes for the Year 2014; 2015 Budget YearTOWN OF AVON
RESOLUTION NO. 14 -32
SERIES OF 2014
A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR
2014, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF
AVON, COLORADO, FOR THE 2015 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 November 11, 2014;
and
WHEREAS, the amount of money necessary to balance the budget for general operating
purposes from property tax revenue is $1,490,615; and
WHEREAS, the amount of money to balance the budget for bonds and interest is
$541,089; and
WHEREAS, the 2014 net total assessed valuation for the Town of Avon, as certified by
the County Assessor is $166,437,590.
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 2015 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 2015 budget year there is levied a tax of 3.251 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 9th day of December, 2014.
T WN OF AVON, COLORADO
1'e�nnie Fancher
Mayor
ATTEST:,
Debbie Hoppe
Town Clerk
County Tax Entity Code DOLA LGID /SID /
CERTIFICATION OF TAX LEVIES for NON - SCHOOL Governments
TO: County Commissioners' of Eagle County , Colorado.
On behalf of the Town of Avon
(taxing entity)
the Town Council
(governing body)
of the Town of Avon
(local government)
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 177,939,450
assessed valuation of: (GROSS assessed valuation, Line 2 of the Certification of Valuation Form DLG 57 )
Note: If the assessor certified a NET assessed valuation
(AV) different than the GROSS AV due to a Tax
Increment Financing (TIF) Area the tax levies must be $ 166,437,590
calculated using the NET AV. The taxing entity's total (NET assessed valuation, Line 4 of the Certification of Valuation Form DLG 57)
property tax revenue will be derived from the mill levy
multiplied against the NET assessed valuation of:
Submitted: 121912014 for budget /fiscal year 2015
(not later than Dec. 15) (mm /dd /yyyy) (yyyy)
PURPOSE (see end notes for definitions and examples)
LEVY
REVENUE
1. General Operating Expenses"
8.956
mills
$
1,490,615
2. <Minus> Temporary General Property Tax Credit/
Temporary Mill Levy Rate Reduction`
< >
mills
$ <
>
SUBTOTAL FOR GENERAL OPERATING:
8.956
mills
$
1,490,615
3. General Obligation Bonds and Interest'
3.251
mills
$
541,089
4. Contractual Obligations"
mills
$
5. Capital ExpendituresL
mills
$
6. Refunds /Abatementsm
mills
$
7. Other" (specify):
mills
$
mills
$
TOTAL: rSofGeneral Operating
• L Subumtotal and Lines 3 to 7
mills
1 $
2,031,704
12.207
Contact person:
Daytime
(print) 5,cott C. Wright, Asst. Town Manager
phone: ( 970
) 748 -4055
Signed: U_ U ' + k A ,C
Title: Mayor
Include one copy of this taxvntity's completed form when filing the local government's budget by January 31st, per 29 -1 -113 C.R.S., with the
Division of Local Government (DLG), Room 521, 1313 Sherman Street, Denver, CO 80203. Questions? Call DLG at (303) 866 -2156.
t If the taxing entity's boundaries include more than one county, you must certify the levies to each county. Use a separate form
for each county and certify the same levies uniformly to each county per Article X, Section 3 of the Colorado Constitution.
2 Levies must be rounded to three decimal places and revenue must be calculated from the total NET assessed valuation (Line 4 of
Form DLG57 on the County Assessor's inal certification of valuation).
Form DLG 70 (rev 7/08) Page 1 of 4