Office of the City Manager
Reference: Resolution Setting City Mill Levy 2023
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Kayla Barber-Perrotta, Budget & Performance Manager
Date Prepared: September 25, 2023
PURPOSE
To approve a resolution setting the property tax mill levy for 2023 at 6.65 mills.
STRATEGIC FOCUS AREA
Fiscal Resilience
BACKGROUND
The City Council has adopted the 2024 Budget, and the amount of money necessary to balance the budget for general operating purposes from property tax revenue is $6,584,051. The mill levy of 6.65 will be certified to both Adams and Weld Counties and collected as general property taxes in 2024.
CRITERIA BY WHICH COUNCIL MUST CONSIDER THE ITEM
Any increase to the mill levy requires a public vote.
STAFF RECOMMENDATION
Staff is recommending no change to the mill levy.
OPTIONS FOR COUNCIL CONSIDERATION
Approve, amend, or deny the proposed resolution.
ATTACHMENTS
Proposed Resolution