HomeMy WebLinkAbout1987-173-11/17/1987-DEFEATED RESOLUTION 87-173
OF THE COUNCIL OF THE CITY OF FORT COLLINS
FIXING THE MILL LEVY FOR THE FISCAL YEAR
ENDING DECEMBER 31, 1988 PURSUANT TO
THE PROVISIONS OF ARTICLE V OF THE CITY CHARTER
WHEREAS, on October 6, 1987, the Council of the City Fort Collins
passed and adopted Resolution 87-148, which resolution opted
the City
budget and set the mill levy for the fiscal year ending ecember 31, 1988;
and
WHEREAS, the mill levy rate set in that resolution/ for all the taxable
property within the corporate limits of the City of Fort Collins for the
fiscal year ending December 31, 1988, was 7.663 mils; and
WHEREAS, the State of Colorado Division of Local Government has
notified the City of Fort Collins that the mill levy for the City can be
adjusted to a slightly higher rate which would provide additional monies
for the payment of all properly authorized demands against the City in
Fiscal Year 1988; and
WHEREAS, the Council of the City,of Fort Collins deems it in the best
interest of the citizens of the Cit ' to adjust the mill levy for 1988 to
provide additional money for the vision of quality basic services to
those citizens.
NOW, THEREFORE, BE IT RES LVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the mill levy to for the taxation upon all the taxable
property within the corpora limits of the City of Fort Collins for the
fiscal year ending Decembe 31, 1988, shall be 7.989 mills, which levy
represents the amount of xes for City purposes necessary to provide for
payment during the ensui budget year of all properly authorized demands
against the City. Said ill levy shall be distributed as follows:
General Fund 0 & . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 .777 mills
Parks 0 & M. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.661 mills
Poudre Fire Au ority Contribution. . . . . . . . . . . . . . . .3.996 mills
Fire Pension und(Gen. Fund Unfunded Liab. 0. 152) .0.342 mills
(PFA Employer Contrib. 0. 190)
Parks Debt ervice. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.213 mills
being a t al of 7.989 mills, which levy if so distributed shall be
certified y November 20, 1987, to the County Assessor and the Board of
County C mmissioners of Larimer County, Colorado, by the City Clerk as
provide by law.
/Passed and adopted at a regular meeting of the Council of the City of
ForXCollins this 17th day of November, A.D. 1987.
Mayor
ATTEST:
City Clerk (_"