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Home My WebLink AboutRESOLUTION 14-07CaRESOLUTIONTOSETMILLLEVIESNO.14-07ARESOLUTIONLEVYINGPROPERTYTAXESFORTHEYEAR2007TOHELPDEFRAYTHECOSTSOFGOVERNMENTFORTHETOWNOFESTESPARK,COLORADOFORTHE2008BUDGETYEAR.WHEREAS,theBoardofTrusteesoftheTownofEstesParkwilladopttheannualbudgetinaccordancewiththeLocalGovernmentBudgetLawonNovember27,2007;andWHEREAS,theamountofmoneynecessarytobalancethebudgetforgeneraloperatingexpenseis$289,444;andWHEREAS,thenetvaluationforassessmentfortheTownofEstesParkascertifiedbytheCountyAssessoris$165,090,665.NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:ThatforthepurposemeetingallgeneraloperatingexpensesoftheTownofEstesParkduringthe2008budgetyear,thereisherebyleviedataxof1.753millsuponeachdollarofthetotalvaluationforassessmentofalltaxablepropertywithintheTownfortheyear2008.The1.753millsisatemporaryreductionoftheoriginal1.822millsduetopropertytaxincreasespendinglimitsof5.5%perC.R.S.29-1-301.ThattheTownClerkisherbyauthorizedanddirectedtoimmediatelycertifytotheCountyCommissionersofLadmerCounty,Colorado,themillleviesfortheTownofEstesParkashereinabovedeterminedandset.ADOPTEDthis27”dayofNovember,2007TOWNOFESTESPARKAflEyorTnClerk 00.l,II’•tItt.I.•0 0TOWN,QffSffSPARI(MEMORANDUMTO:BoardofTrusteesFROM:SteveMcFarland,FinanceOfficerDATE:November27,2007SUBJECT:HighwayUsersTrustFundPublicHearing,2008Budget,November27,2007ColoradobudgetlawrequiresapublichearingbeconductedtodiscusshowtheHighwayUsersTrustFundrevenuesareproposedtobeexpendedintheensuingfiscalyear.Thefollowingaretheproposalsthatareincludedinthe2008TownofEstesParkbudgel:20081.EstimatedRevenues:$217,9282.EstimatedExpenditures:a.SiIPoverlay5250.000b.Curb,gutter,sidewalk,guardrail.Snowremoval,sand/saltbldg53,500c.Vehicles/equipmentusage117,500d.Trafficcontrol15.OOQ$489,500Inaddition,expendituresforsnowplowing.streetmaintenance,oranyotherexpendituresdirectlyrelatedtostreetsareallowableusesofTrustFundrevenueintheeventthateitheroftheabove-listedprojectsarenotconstructedorcomeinconsiderablylessthanbudget.P.O.BOX1200•170MACGREGORAVENUE•ESTESPARK,COLORADO80517PHONE:970-586-5331•FAX970-577-3573www.estesnet.com