HomeMy WebLinkAbout2016 Ordinance No. 042•
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ORDrNANCE NO.~
SERIES OF 20 I 6
BY AUTHORITY
COUNClL BILL NO. 31
rNTRODUCEDBYCOUNCIL
MEMBER GILLIT
AN ORDrNANCE FIXING THE TAX LEVY IN MILLS UPON EACH DOLLAR OF THE
ASSESSED VALUATION OF ALL TAXABLE PROPERTY WITHIN THE CITY OF
ENGLEWOOD, COLORADO.
WHEREAS, it is the duty of the City Council of the City of Englewood, Colorado, under the
Englewood Home Rule Charter and Colorado Revised Statutes, to make the annual property levy
for City purposes; and
WHEREAS, the City Council has duly considered the estimated valuation of all the taxable
property within the City and the needs of the City and of each of said levies and has detem:iined
that the levies as hereinafter set forth, are proper and wise; and
WHEREAS, the following levies are pennitted under Article X, Section 20 of the Colorado
Constitution without a vote by the citizens;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, THAT:
Section I. That there be and hereby is levied for the year of 2016, due and payable as required
by statute in the year 2017, a tax of 5.880 mills on the dollar for the General Fund of the City of
Englewood, Colorado, and 1.919 mills on the dollar for the General Obligation Bond Debt Service
Fund of the City of Englewood, Colorado.
That the levy hereinabove set forth shall be levied upon each dollar of the assessed valuation of
all taxable property within the corporate limits of the City of Englewood, Colorado, and the said
levy shall be certified by law.
Introduced, read in full, and passed on first reading on the 3rd day of October, 2016.
Published by Title as a Bill for an Ordinance in the City's official newspaper on the 6 1h day of
October, 2016.
Published as a Bill for an Ordinance on the City's official website beginning on the 5th day of
October, 2016 for thirty (30) days.
Read by title and defeated on final reading on the 17th day of October, 2016 .
Reintroduced, read in full, and passed on first reading on the 7th day of November, 2016
l
Published as a Bill for an Ordinance in the City's official newspaper on the 10111 of November,
2016.
Published by title on the City's official website beginning on the 9th day of
November, 2016 for thirty (30) days.
Read by title and passed on final reading on the 21st day of November, 2016.
Published by title in the City's official newspaper as Ordinance No. ~eries of 2016, on
the 24th day of November, 2016.
Published by title on the City's official website beginning o
November, 2016 for thirty (30) days.
I, Loucrishia A. Ellis, City Clerk of the City of Englewood, Colorado, hereby certify that the
above and foregoing i~ copy of the Ordinance passed on final reading and published by
title as Ordinance No. eries of 2016. •
~ Loucrishia A. Ellis
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COUNCIL COMMUNICATION
Date Agenda Item Subject
November 21, 2016 11bi Bill For An Ordinance Establishing
The 2016 Mill Levy Collected in
2017-2nd Reading
Initiated By Staff Source
Department Of Finance and Administrative Services Kathv Rinkel, Director
PREVIOUS COUNCIL ACTION
City Council and staff began the 2017 budget process at the April 18, 2016 Study Session with an overview of
the City's Fiscal Health and Wellness by means of the Center for Priority Based Budgeting's Fiscal Health and
Wellness Tool, General Fund Reserve Policy and preliminary budget discussion.
The Proposed Budget was discussed with Council at the August 22, Study Session. The Proposed Budget
was reviewed again with Council and staff at the Auqust 29 Study Session.
On September 12, 2016, the Budget Advisory Committee provided Council with an update of their activities
and provided an Annual Report regarding their findings and recommendations .
A public hearing to gather citizen input regarding the 2017 Proposed Budget was held on September 19, 2016.
Due to no public comment from the public hearing necessitating changes to the proposed budget, the "budget
workshop" scheduled for the September 26, 2016 Study Session was not held.
n October 3, 2016 a first reading was conducted and the ordinance was passed 7-0
On October 17, 2016 on second reading the motion failed on a 3-2 vote. The Englewood's home rule charter,
Article V, Section 37 requires that every ordinance shall require the affirmative vote of the majority of the
membership of the entire council for final passage.
This item was resubmitted as a first reading on November 7, 2016, and passed on a 5-2 vote.
RECOMMENDED ACTION
Staff recommends Council approve this bill for an ordinance, on 2nd reading, establishing the 2016 mill levy to
be collected in 2017.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
The City of Englewood assesses property tax for the general government operations and for the General
Obligation Bonds Debt Service Fund. TABOR restricts the City from raising the mill levy without a vote of the
citizens. The City's general mill levy has been unchanged since 1992. This year's General Fund mill levy
remains unchanged at 5.880 mills; however, the General Obligation Bonds Debt Service mill levy is 1.919. The
2016 mill levy total of 7.799 for collection in 2017 is certified to Arapahoe County by December 15, 2016.
FINANCIAL IMPACT
Based on the assessed valuation for the City of Englewood as certified by the Arapahoe County Assessor, the
estimated net assessed value of all properties in Englewood for 2016 is $575,373,717 compared to •
$595,636,070 for 2015. The 2016 mill for General Fund operations is 5.880 mills and 1.919 mills for the
General Obligation Bonds Debt Service Fund. The total mill levy is 7.799 for 2016 collected in 2017. The total
amount budgeted for the General Fund is $3,356,000 (net of uncollectibles, abatements, etc.). The amount
budgeted for the General Obligation Bonds Debt Service Fund is $1,102,000 (net of uncollectibles,
abatements, etc.).
For example, a homeowner with a $200,000 dollar home in Englewood would pay the following to the City of
Englewood:
N1arketValue
Assessment Ratio
Assessed Value
General Operations Mill Levy
Taxes Paid For General fund Operations
N1arket Value
Assessment Ratio
Assessed Value
Community Center Bond Fund Mill Levy
Taxes Paid For General Obligation Bonds
N1arket Value
Assessment Ratio
Assessed Value
Tota I Mill Levy
Total Taxes Paid To City Of Englewood
LIST OF ATTACHMENTS
Proposed bill for an ordinance
$200,000
7.96%
$15,920
5.88
$93.61
$200,000
7.96%
$15,920
1.919
$30.55
$200,000
7.96%
$15,920
7.799
$124.16
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COUNCIL COMMUNICATION
b Date Agenda Item Subject
November 7 , 2016 11ai Bill For An Ord inance Establishing
The 2016 Mill Levy Collected in 2017
Initiated By Staff Source
Department Of Finance and Administrative Services Kathy Rinkel , Director
PREVIOUS COUNCIL ACTION
City Council and staff began the 2017 budget process at the April 18, 2016 Study Session with an overview of
the City's Fiscal Health and Wellness by means of the Center for Priority Based Budgeting's Fiscal Health and
Wellness Tool, General Fund Reserve Policy and preliminary budget discussion.
The Proposed Budget was discussed with Council at the August 22, Study Session. The Proposed Budget
was reviewed again with Council and staff at the August 29 Study Session.
On September 12, 2016, the Budget Advisory Committee provided Council with an update of their activities
and provided an Annual Report regarding their findings and recommendations.
A public hearing to gather citizen input regarding the 2017 Proposed Budget was held on September 19, 2016.
Due to no public comment from the public hearing necessitating changes to the proposed budget, the "budget
workshop" scheduled for the September 26, 2016 Study Session was not held.
On October 3, 2016 a first reading was conducted and the ordinance was passed 7-0
October 17, 2016 on second reading the motion failed on a 3-2 vote. The Englewood's home rule charter,
rticle V, Section 37 requires that every ordinance shall require the affirmative vote of the majority of the
membership of the entire council for final passage.
RECOMMENDED ACTION
Staff recommends Council approve this bill for an ordinance establishing the 2016 mill levy to be collected in
2017.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
The City of Englewood assesses property tax for the general government operations and for the General
Obligation Bonds Debt Service Fund. TABOR restricts the City from raising the mill levy without a vote of the
citizens. The City's general mill levy has been unchanged since 1992. This year's General Fund mill levy
remains unchanged at 5.880 mills; however, the General Obligation Bonds Debt Service mill levy is 1.919. The
2016 mill levy total of 7. 799 for collection in 2017 is certified to Arapahoe County by December 15, 2016.
FINANCIAL IMPACT
Based on the assessed valuation for the City of Englewood as certified by the Arapahoe County Assessor, the
estimated net assessed value of all properties in Englewood for 2016 is $575,373,717 compared to
$595,636,070 for 2015. The 2016 mill for General Fund operations is 5.880 mills and 1.919 mills for the •
General Obligation Bonds Debt Service Fund. The total mill levy is 7.799 for 2016 collected in 2017. The total
amount budgeted for the General Fund is $3,356,000 (net of uncollectibles, abatements, etc.). The amount
budgeted for the General Obligation Bonds Debt Service Fund is $1,102,000 (net of uncollectibles,
abatements , etc.).
For example, a homeowner with a $200,000 dollar home in Englewood would pay the following to the City of
Englewood:
Market Value
Assessment Ratio
Assessed Value
General Operations Mill Levy
Taxes Paid For General Fund Operations
Market Value
Assessment Ratio
Assessed Value
Community Center Bond Fund Mill Levy
Taxes Paid For General Obligation Bonds
Market Value
Assessment Ratio
Assessed Value
Total Mill Levy
Total Taxes Paid To City Of Englewood
LIST OF ATTACHMENTS
Proposed bill for an ordinance
$200,000
7.96%
$15,920
5.88
$93.61
$200,000
7.96%
$15,920
1.919
$30.55
$200,000
7.96%
$15,920
7.799
$124.16
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ORDINANCE NO.
SERIES OF 2016
BY AUTHORITY
ABILLFOR
COUNCIL BILL NO. 31
INTRODUCED BY COUNCIL
MEMBER -------
AN ORDINANCE FIXING THE TAX LEVY IN MILLS UPON EACH DOLLAR OF THE
ASSESSED VALUATION OF ALL TAXABLE PROPERTY WITHIN THE CITY OF
ENGLEWOOD, COLORADO.
WHEREAS, it is the duty of the City Council of the City of Englewood, Colorado, under the
Englewood Home Rule Charter and Colorado Revised Statutes, to make the annual property levy
for City pwposes; and
WHEREAS, the City Council has duly considered the estimated valuation of all the taxable
property within the City and the needs of the City and of each of said levies and has determined
that the levies as hereinafter set forth, are proper and wise; and
WHEREAS, the following levies are permitted under Article X, Section 20 of the Colorado
Constitution without a vote by the citizens;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, THAT:
Section 1. That there be and hereby is levied for the year of 2016, due and payable as required
by statute in the year 2017, a tax of 5.880 mills on the dollar for the General Fund of the City of
Englewood, Colorado, and 1.919 mills on the dollar for the General Obligation Bond Debt Service
Fund of the City of Englewood, Colorado.
That the levy hereinabove set forth shall be levied upon each dollar of the assessed valuation of
all taxable property within the corporate limits of the City of Englewood, Colorado, and the said
levy shall be certified by law.
Introduced, read in full, and passed on first reading on the 3rd day of October, 2016.
Published by Title as a Bill for an Ordinance in the City's official newspaper on the 6th day of
October, 2016.
Published as a Bill for an Ordinance on the City's official website beginning on the 5th day of
October, 2016 for thirty (30) days.
Read by title and defeated on final reading on the 17th day of October, 2016.
Reintroduced, read in full, and passed on first reading on the 7th day of November, 2016
1
Published as a Bill for an Ordinance in the City's official newspaper on the 10th of November, •
2016.
Published by title on the City's official website beginning on the 9th day of
November, 2016 for thirty (30) days.
Joe Jefferson, Mayor
ATTEST:
Loucrishia A. Ellis, City Clerk
I, Loucrishia A. Ellis, City Clerk of the City of Englewood, Colorado, hereby certify that the
above and foregoing is a true copy of a Bill for an Ordinance, reintroduced, read in full, and passed
on first reading on the 7th day of November, 2016.
Loucrishia A. Ellis
2
•
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COUNCIL COMMUNICATION ..
Date Agenda Item Subject
October 3, 2016 11ai Bill For An Ordinance Establishing
The 2016 Mill Levy Collected in 2017
Initiated By Staff Source
Department Of Finance and Administrative Services Kathy Rinkel , Director
PREVIOUS COUNCIL ACTION
City Council and staff began the 2017 budget process at the April 18, 2016 Study Session with an overview of
the City's Fiscal Health and Wellness by means of the Center for Priority Based Budgeting's Fiscal Health and
Wellness Tool, General Fund Reserve Policy and preliminary budget discussion.
The Proposed Budget was discussed with Council at the August 22, Study Session. The Proposed Budget
was reviewed again with Council and staff at the August 29 Study Session.
On September 12, 2016, the Budget Advisory Committee provided Council with an update of their activities
and provided an Annual Report regarding their findings and recommendations.
A public hearing to gather citizen input regarding the 2017 Proposed Budget was held on September 19, 2016.
Due to no public comment from the public hearing necessitating changes to the proposed budget, the "budget
workshop" scheduled for the September 26, 2016 Study Session was not held.
RECOMMENDED ACTION
aff recommends Council approve this bill for an ordinance establish ing the 2016 mill levy to be collected in
2017.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
The City of Englewood assesses property tax for the general government operations and for the General
Obligation Bonds Debt Service Fund. TABOR restricts the City from raising the mill levy without a vote of the
citizens. The City's general mill levy has been unchanged since 1992. This year's General Fund mill levy
remains unchanged at 5.880 mills; however, the General Obligation Bonds Debt Service mill levy is 1.919. The
2016 mill levy total of 7.799 for collection in 2017 is certified to Arapahoe County by December 15, 2016.
FINANCIAL IMPACT
'lo
Based on the assessed valuation for the City of Englewood as certified by the Arapahoe County Assessor, the
estimated net assessed value of all properties in Englewood for 2016 is $575,373,717 compared to
$595,636,070 for 2015. The 2016 mill for General Fund operations is 5.880 mills and 1.919 mills for the •
General Obligation Bonds Debt Service Fund. The total mill levy is 7.799 for 2016 collected in 2017. The total
amount budgeted for the General Fund is $3,356,000 (net of uncollectibles, abatements, etc.). The amount
budgeted for the General Obligation Bonds Debt Service Fund is $1,102,000 (net of uncollectibles,
abatements, etc.).
For example, a homeowner with a $200,000 dollar home in Englewood would pay the following to the City of
Englewood:
Market Value $200,000
Assessment Ratio 7.96%
Assessed Value $15,920
General Operations Mill Levy 5.88
Taxes Paid For General Fund Operations $93.61
Market Value $200,000
Assessment Ratio 7.96%
Assessed Value $15,920
Community Center Bond Fund Mill Levy 1.919
Taxes Paid For General Obligation Bonds $30.55
Market Value $200,000
Assessment Ratio 7.96%
Assessed Value $15,920
Total Mill levy 7.799
Total Taxes Paid To City Of Englewood $124.16
LIST OF ATTACHMENTS
Proposed bill for an ordinance
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