RESOLUTION #5-2024
RESOLUTION TO SET MILL LEVIES
A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2024 TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE TOWN OF CHEYENNE WELLS, COLORADO, FOR THE 2025 BUDGET YEAR.
WHEREAS, the Board of Trustees for the Town of Cheyenne Wells has adopted the annual budget in accordance with the local Government Budget Law, on December 4, 2024 and;
WHEREAS, the amount of money necessary to balance the budget for the general operating expenses from property tax revenue is $243,625 and;
WHEREAS, the 2024 valuation for assessment for the Town of Cheyenne Wells as certified by the County Assessor is $5,910,902
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF CHEYENNE WELLS, COLORADO:
Section 1. That for the purpose of meeting all general operating expenses of the Town of Cheyenne Wells during the 2025 budget year, is hereby levied a tax of 41.216 mills upon each dollar of the total valuation for assessment of all taxable property within the Town for the year 2024.
Section 2. That the Town Clerk is hereby authorized and directed immediately to Certify to the County Commissioners of Cheyenne County, Colorado, the mill levy for the Town of Cheyenne Wells as here in above determined and set.
ADOPTED, THIS 4th DAY OF DECEMBER, 2024 A.D.
Carleton Pelton Mayor Pro-tern
ATTEST
Deborah G. Knudsen Town Clerk Administrator
Published December 13, 2024
In the Kiowa County Press